EcoPayz Community Payments in India

EcoPayz is one of the best eWallet the world over and it recently introduced Community Payments in India. Online payment services continue to grow and EcoPayz is giving their Indian customers a new option for payments in the Community Payments. Not only is the service a good one, which we will explain, but EcoPayz is also offering Indian customers transfers that are half off to a bank account when trying out the unique and brand new service.

The Community Payments Service Explained

Community Payments is a person to person payment solution that is 100% secure and can be used for fast deposits and withdrawals from a local Indian bank transfer. The service is safe, simple to use, and very convenient. It is a solid option if you do not have a credit card or simply do not want to use one.

Here is how the EcoPayz Community Payments Works

Let’s say punter 1 won 1,000 rupees on a bet made. They withdraw the winnings using a local bank transfer and that money is added to the Community Payments pool. Punter 2 wants to make a bet and from a local bank transfer and chooses 1,000 rupees from the Community Payments pool. That punter enters their bank details and the payment is verified and the 1,000 is transferred from punter’s 2’s bank account to punter 1’s bank account. Punter 2’s gaming account is instantly credited 1,000 rupees and they are ready to wager. It is that simple and great to use when making wagers at online gaming sites.

The banks that are supported are:

How available and the variety of banks will depend on the payments service provider. Typically, the deposits will be credited in a short time of only a few minutes but the time frame that is allowed is 0-3 business days.

The availability and variety of banks will depend on the payments service provider.

How to Top-Off Your EcoPayz Account

It is very simple to fund your EcoPayz account and here are the steps to take:

  • Login to your EcoPayz account.
  • Head to Deposit Funds and choose Local deposit options.
  • Click on the Local banking option and you will be automatically directed to the Community Payments website.
  • Pick one of the amounts available from your bank.
  • Confirm the payment by logging into your bank.

It is as simple as that and the funds will be added to your EcoPayz very quickly. Deposits are usually credited within a few minutes, however, the allowed time frame is 0-3 business days. If you see there are not any amounts available you can check back at a later time.

Transfers To Your Bank Account

Before transferring you will need to register the details of your local bank account in the Bank accounts & cards area of your EcoPayz account. To do this you must upgrade to be in the Silver level of the VIP program and this is a quick and easy process. Registering through EwalletVIP gives Ecopayz Gold VIP straight away after verification. Then to transfer you will have to:

  • Head to the Transfer funds and then the Bank account.
  • Choose Community bank transfer and then input the amount that you would like to transfer to your bank account.
  • Select the bank account and to finish off confirm the payment transaction.

After you confirm the transaction it is submitted and the processing time is 3-5 business days. When the money is sent to your bank account you will be notified by EcoPayz via e-mail. The transfer fee is 4% of the transfer amount with a minimum fee of €1.50.

If you would like any more information on the Community Payments in India

You can contact the EcoPayz customer service department, which is available 24/7.

EcoPayz VIP Program

EcoPayz rewards loyal members in their VIP program, which has five levels of Classic, Silver, Gold, Platinum, and VIP. The program is a little different than other eWallet VIP programs, as it not just about the number of transactions to move to a higher level.

It could not be any easier to get in the VIP program, as you are automatically entered in the Classic level when you open an EcoPayz account. As stated before you must be in the Silver level to use the Community Payments service. With EwalletVIP this happens straight away, since we upgrade new customers to GoldVIP instantly after the account has been fully verified.

The main benefits of being in the EcoPayz VIP program are:

  • Lower FX fees
  • Increased transfer limits
  • Increased withdrawal limits
  • Up to five ecoVirtualcards every day
  • Increased number of credit card deposits

EcoPayz also offers VIP members to get up to three physical Ecopayz Mastercards for different currency accounts. While this perk is only available in the UK and most of the EU/EEA member states as of late 2020 that may change soon.

If you play at online gaming sites often it is very advantageous to move up in the VIP program with all the benefits available.

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Last Updated on January 12, 2021