Payz secure online payment system (formerly ecoPayz)

EcoPayz is a payment solution for companies and individuals. The system has been operating since 2000, which makes it one of the oldest payment systems in the world. The company provides comprehensive payment services for fast and secure transactions. Allows you to order a prepaid ecoPayz plastic card.

The legal name of the organization is PSI-Pay Ltd. The company is subject to the laws of England and Wales, registration number 05899168. Headquarters address: Afon Building, Worthing Road, Horsham, West Sussex, RH12 1TL, United Kingdom.

Account opening

The wallet can be used both through the website and from a mobile device. The system supports about five dozen fiat currencies, including dollars, and euros. Within one account, you can use different currencies to spend money at your discretion anywhere in the world.

EcoPayz benefits:

• High security of transactions and funds, as well as confidential information. Provided by encryption technology (SSL/TLS protocols). Personal data is never passed on to third parties.
• The ability to pay from your account for purchases in online stores using 50+ currencies.
• Possibility to order a Mastercard plastic card in one of 8 currencies and withdraw money from an ATM or pay in shops, gas stations, and other places.
• Different options for replenishing an account - through exchangers, from your electronic wallets, from bank cards and accounts.

ecoPayz allows the client to open different types of accounts. They differ in the presence of limits and additional features. Let's take a look at the differences between these accounts.

EcoPayz rates

In July 2023, there are five tariffs for users of the payment system: Classic, Silver, Gold, Platinum, and VIP. Registration and updates for all variants are free. Otherwise, there are differences:

• The maximum transfer to the seller is from 1,000 to 30,000 euros per day.
• Commission for withdrawal of funds — from 2.9 to 10 euros.
• Commission for currency conversion — from 1.25% to 2.99%.
• Possible account balance — from 15,000 euros (there are no restrictions at the VIP level).
• Replenishment from the card per day — from 2 to 10.

Not available in Classic: support for up to 10 currency accounts in 50 currencies, multiple Mastercard cards, sending money and withdrawing it to a bank account.

The Classic tariff has a limited limit for the entire validity period — 2500 euros.

Account upgrades require you to provide and verify your personal information. Platinum and VIP levels are assigned automatically after certain conditions are met for the duration of the system use and the volume of transfers.

Payz Mastercard

The ecoPayz contactless card is offered in eight world currencies. It can be ordered exclusively for the EU.

The card allows you to make purchases (or withdraw cash) in your country and abroad. You do not need a bank account to apply for a card; just use it.

A full range of card management options is available to the user - you can enable or disable contactless transactions, block or unblock the card, and prohibit certain actions, such as online transfers or cash withdrawals. The maximum possible number of cards for one user is 4.

How to get a card:

• Create an account in the system and log in.
• Create an application for ordering a card.
• Wait until the card arrives by the specified delivery method.

After receiving the card, you must activate it; this is done in your account.

Payz for business

With the help of the payment system, companies can accept payments in all supported currencies or earn on the Payz affiliate program.

A business account gets the opportunity to integrate a payment solution into its project; this is done very quickly. The solution is as universal as possible - users who do not have a bank account will be able to pay and manage expenses. Also, the company can effectively track its income and expenses in real-time.

In addition to the speed and convenience of payments, merchants who cooperate with ecoPayz can count on fraud protection. The system takes care of verifying the identity of users and the security of transactions.

Conclusion

An important plus of the ecoPayz payment system is the ability to order a bank card and freely use your assets anywhere in the world. Since the wallet is licensed and regulated, it follows the requirements of regulatory authorities - this means that to access all the functions and expand the limits, the user must provide information about his identity.