ecoPayz halts gambling transactions in the EEA

[playtime slotti]

Another piece of bad news from an online payment service provider in relation to transactions in casinos.

Not enough that Neteller and Skrill caused problems and you had to change. Now there is also ecoPayz, of which one rather thought that it was possible to carry out financial transactions in online casinos without any problems.

Probably too happy and too optimistic.

Because I was wondering why suddenly ecoPayz is no longer offered as a payment method in my favorite casino.

The reason is that ecoPayz no longer offers and allows transactions in the gambling sector from people living in the European Economic Area (EEA).

Therefore, the casinos are forced to remove ecoPayz from their payment methods or to make them no longer visible.

However, other countries outside the EEA can still be processed with the payment method.

It's actually a shame that ecoPayz hasn't found any other way to get around this.

[playtime slotti]

Another piece of bad news from an online payment service provider in relation to transactions in casinos.

Not enough that Neteller and Skrill caused problems and you had to change. Now there is also ecoPayz, of which one rather thought that it was possible to carry out financial transactions in online casinos without any problems.

Probably too happy and too optimistic.

Because I was wondering why suddenly ecoPayz is no longer offered as a payment method in my favorite casino.

The reason is that ecoPayz no longer offers and allows transactions in the gambling sector from people living in the European Economic Area (EEA).

Therefore, the casinos are forced to remove ecoPayz from their payment methods or to make them no longer visible.

However, other countries outside the EEA can still be processed with the payment method.

It's actually a shame that ecoPayz hasn't found any other way to get around this.


Addendum: It doesn't seem to affect all casinos and probably also depends on the individual classifications of the licenses at companies.
But why one company offers ecoPayz and the other not if the same license is available remains a mystery to me.

Therefore, one cannot generally assume that this payment provider no longer offers its services in the gambling sector.
You have to check in detail whether this method is offered or not. The reason that it exclusively concerns the EEA cannot be left as it is.

But Neteller & Co. also hung around at first and then gradually discontinued their services with certain companies.
Today, the service provider is again represented in casinos that have applied for a German license and follow the rules relating to the GlüStV 2021.