In recent months, eZeeWallet, also known as EZW or ezee, has gained significant attention in the online casino industry. This comprehensive review delves into the world of eZeeWallet, a digital wallet that is making waves with its acceptance of over 50 local payment methods and its remarkable global reach.
Comparatively Recent Launch with Remarkable Success
Launched relatively recently, eZeeWallet has quickly become a preferred payment method for online casino players. Thanks to its advanced features and user-friendliness, numerous online casinos are adopting eZeeWallet and even offering special promotions to players who choose it for their deposits. Notably, eZeeWallet has achieved significant success in regions like Australia and New Zealand, but its availability extends to other countries such as Germany and Austria.
Top Online Casinos Embrace eZeeWallet Transactions
Our quest at CBM to find the best eZeeWallet casino has borne fruit. We are delighted to present our list of eZeeWallet casinos, a selection that may evolve as new eZeeWallet casinos emerge. Our aspiration is to feature casinos that do not levy a commission on eZeeWallet deposits while also offering bonuses, a wide array of games, and exceptional customer support.
A Glimpse into Company History
eZeeWallet is a product of Emerchantpay Ltd, a registered company in England and Wales. This company specializes in online and cross-border payments for all devices and POS solutions, with a global presence spanning multiple countries. Emerchantpay Group conducts its business from 17 offices worldwide, employing over 300 staff members.
eZeeWallet is owned by a licensed E-Money Institution, authorized to issue electronic money (E-Money) and offer payment services in accordance with E-Money Regulations, approved by the Financial Services Authority of the United Kingdom. Additionally, the company adheres to ISO/IEC 27001:2013 and complies with PCI Data Security Standards.
Emerchantpay’s fintech offerings encompass various services, including Pay-by-Link, user-friendly virtual terminals, shopping solutions, card issuing, and point of sale services. In recent times, eZeeWallet has become the centerpiece of their activities.
eZeeWallet in the News
November 2021: Emerchantpay’s participation in SiGMA Europe 2021 in Malta (SiGMA – World Gaming Festival).
March 2021: eZeeWallet introduces a new mobile application and desktop site.
May 2020: eZeeWallet enters the highly competitive world of British fintech.
Target Audience and Global Expansion
Initially introduced in May 2020 with a broader focus, eZeeWallet quickly gained traction among online shops and casinos. The product surged in popularity as demand for online casino payment methods increased globally. eZeeWallet references a TechRadar report on Twitter, which forecasts an 83% increase in spending at digital wallet casinos between 2020 and 2025, suggesting the enduring appeal of digital e-wallets.
Digital gambling sites serving Germany and Austria have reported particularly positive responses from players since introducing eZeeWallet as a payment method. While Australians and New Zealanders have shown a strong affinity for eZeeWallet, the service is accessible in nearly 200 countries, including India, Belgium, Bulgaria, Canada, Malta, and the United Kingdom.
One significant advantage of eZeeWallet is its ability to integrate numerous local payment methods, enabling players to fund their eZeeWallet accounts using methods such as Banco do Brasil and Hipercard in Brazil, Rupay and UPI in India, Przelewy24 in Poland, and Oxxo in Mexico. Moreover, those who wish to maintain their eZeeWallet in Euros can do so via online banking methods like Klarna, Trustly, Giropay, or MyBank.
This flexibility positions eZeeWallet to conquer major digital gambling sites and smaller, locally oriented providers alike. Additionally, the payment provider supports local currencies in many of the supported countries, although it does not support USD transactions.
How to Open an eZeeWallet Account: Step-by-Step Guide
eZeeWallet offers a range of benefits, including innovation, accountability, and global coverage. Opening an account with eZeeWallet is a straightforward process that caters to both businesses and individuals. To guide you through the registration process, here is a step-by-step guide:
1. Ensure You Can Register
Before applying for an EZW account, ensure you meet specific prerequisites. These include being at least 18 years old (or the legal minimum age in your country of residence), having a valid address, an email address, and a mobile phone number. Users in unsupported countries will be unable to open an eZeeWallet account.
2. Visit the eZeeWallet Website and Complete the Registration Form
Eligible users can visit eZeeWallet.com and click on “Get Started” to access the registration form. This form requires you to provide your email, create a password, enter your first and last name, specify your country, date of birth, and select your preferred currency. eZeeWallet allows users to maintain accounts in multiple currencies, which can be chosen during registration or at a later time.
The password must be between 8 and 30 characters long and include at least one uppercase letter, one digit, one lowercase letter, and special characters to enhance security.
3. Verify Your Email Address and Phone Number
After completing the form, eZeeWallet will send verification codes to the email address and mobile phone number you provided. To confirm your email and phone number, enter these codes on the verification page, a crucial security step to validate your information.
4. Complete Identity Verification
Once your email and phone number are verified, proceed with the identity verification process. This typically involves providing a copy of a government-issued ID, such as a passport or driver’s license, along with proof of address, such as a utility bill or bank statement. The specific documents required may vary based on your country and eZeeWallet’s policies.
5. Set Up Security Features
eZeeWallet places a strong emphasis on security and will prompt you to set up additional security features for your account. This may include two-factor authentication (2FA) and security questions, enhancing account protection against unauthorized access.
6. Fund Your eZeeWallet Account
Once your account is fully verified and set up, you can fund it using the supported payment methods available in your region. eZeeWallet offers various options, including bank transfers, credit cards, and local payment methods.
7. Start Using eZeeWallet for Online Casino Deposits
With your eZeeWallet account funded, you are ready to make deposits at online casinos that accept eZeeWallet as a payment method. Simply select eZeeWallet as your preferred payment option at the casino’s cashier, log in to your eZeeWallet account, and complete the transaction.
eZeeWallet Fees and Charges
eZeeWallet prides itself on its transparent fee structure, but it’s essential to understand the potential costs associated with its use. Here are key points regarding eZeeWallet’s fees and charges:
1. Account Creation and Maintenance: Opening an eZeeWallet account is free, and there are no monthly or annual maintenance fees.
2. Deposits: Deposit fees may apply based on the payment method you choose. Some methods may charge a fee, which will be displayed during the deposit process. eZeeWallet does not impose additional fees for deposits.
3. Withdrawals: Withdrawal fees vary depending on the method and country. Users can check withdrawal fees on the eZeeWallet website. Some online casinos may also levy withdrawal fees when using eZeeWallet for withdrawals.
4. Currency Conversion: Currency conversion fees may apply if you transact in a currency different from your eZeeWallet account’s base currency. These fees typically range from 2% to 4% of the transaction amount.
5. Inactivity Fee: eZeeWallet may charge an inactivity fee for dormant accounts, with the fee varying based on the account balance and duration of inactivity.
6. Other Fees: To stay informed about the latest fees, consult the official eZeeWallet website, as fees may change over time. It’s worth noting that some online casinos may cover deposit and withdrawal fees for their players using eZeeWallet, so be sure to review casino terms and conditions.
eZeeWallet Mobile App
For users on the go, eZeeWallet offers a mobile app compatible with both Android and iOS devices. This app allows users to manage their eZeeWallet accounts and conduct transactions conveniently and securely.
Key Features of the eZeeWallet Mobile App:
- Secure Login: Access your eZeeWallet account using your fingerprint or PIN for added security.
- Account Management: View your account balance, transaction history, and account details.
- Transaction History: Monitor all eZeeWallet transactions, including deposits and withdrawals.
- Send and Receive Money: Transfer funds to other eZeeWallet users or receive money from friends and family.
- QR Code Payments: Simplify payments by scanning QR codes at participating merchants.
- Currency Exchange: Convert funds between different currencies directly within the app.
- Two-Factor Authentication (2FA): Enhance your account’s security with 2FA options.
The eZeeWallet mobile app offers a user-friendly and convenient way to manage your e-wallet and make payments using your mobile device. It is available for download from the App Store for iOS devices and the Google Play Store for Android devices.
eZeeWallet Security
Security ranks as a top priority for eZeeWallet, and the company employs various measures to safeguard user accounts and transactions. Here are some of the security features and practices employed by eZeeWallet:
Two-Factor Authentication (2FA): Users can enable 2FA to add an extra layer of security to their accounts. This typically involves receiving a one-time code on their mobile device, which is required in addition to their password for login.
Data Encryption: eZeeWallet uses encryption protocols to protect sensitive data during transmission, ensuring the security of user information, including personal details and financial data.
Identity Verification: To prevent unauthorized access and fraud, eZeeWallet mandates users to complete identity verification by providing valid identification documents.
Monitoring and Detection: Advanced monitoring and detection systems are in place to identify and respond to suspicious activities and potential security threats.
Compliance: The company adheres to industry regulations and standards, including ISO/IEC 27001:2013 and PCI Data Security Standards, ensuring the security of user data.
Secure Transactions: eZeeWallet employs secure payment processing to protect financial transactions, allowing users to review transaction details for transparency.
Account Recovery: In the event of account access issues, eZeeWallet offers a secure account recovery process to help users regain access to their accounts.
While eZeeWallet takes these security measures seriously, users must also play their part in maintaining account security. This includes using strong passwords, enabling 2FA, and safeguarding personal information.
Pros and Cons of Using eZeeWallet
As with any payment method, eZeeWallet presents its own set of advantages and disadvantages. Here’s a summary of the pros and cons of using eZeeWallet for online casino transactions:
Pros:
Versatile Payment Options: eZeeWallet supports over 50 local payment methods, making it accessible to users in various countries.
Global Reach: Available in nearly 200 countries, eZeeWallet offers a global solution for online payments.
User-Friendly: The platform is easy to navigate, with a user-friendly website and mobile app.
Secure Transactions: eZeeWallet prioritizes security with features like 2FA, encryption, and identity verification.
Transparent Fees: The company provides a transparent fee structure, allowing users to understand potential costs.
Mobile App: The mobile app provides convenient access to eZeeWallet accounts on smartphones and tablets.
Currency Conversion: Users can maintain accounts in multiple currencies and convert funds as needed.
Online Casino Support: Many online casinos accept eZeeWallet deposits and withdrawals, often offering bonuses to users who choose this payment method.
Cons:
Transaction Fees: While eZeeWallet itself may not charge significant fees, some payment methods and online casinos may impose additional charges.
Currency Conversion Costs: Currency conversion fees may apply when dealing with multiple currencies.
Withdrawal Fees: Depending on the withdrawal method, users may encounter fees when withdrawing funds from their eZeeWallet accounts.
Limited Merchant Acceptance: While eZeeWallet is widely accepted at online casinos and gaming sites, its acceptance may not be as widespread as more common payment methods.
Inactivity Fees: Users who don’t use their eZeeWallet accounts for an extended period may be subject to inactivity fees.
Verification Process: Some users may find the identity verification process time-consuming.
Conclusion
eZeeWallet emerges as a versatile and secure e-wallet solution catering to users across nearly 200 countries. With support for over 50 local payment methods and a wide-ranging global presence, eZeeWallet has become a favorite among online casino enthusiasts. However, users should carefully review the company’s fee structure, as costs can vary based on the chosen payment method and transaction type.
With its commitment to security and a user-friendly mobile app, eZeeWallet stands as a competitive option in the e-wallet landscape. Before using eZeeWallet for online casino deposits or other financial transactions, individuals should confirm its availability in their region and familiarize themselves with the specific terms and conditions associated with their eZeeWallet account and any online casinos they intend to use.
As with any financial service, thorough research and consideration of individual needs and preferences are crucial when selecting an e-wallet provider like eZeeWallet.
FAQs
Is eZeeWallet available for online casino transactions only?
No, while eZeeWallet gained popularity in online casinos, it can be used for various online transactions beyond gaming.
What are the key security features of eZeeWallet?
eZeeWallet prioritizes security with measures such as two-factor authentication (2FA), data encryption, identity verification, and monitoring systems.
Does eZeeWallet support multiple currencies?
Yes, eZeeWallet allows users to maintain accounts in multiple currencies and offers currency conversion options.
Are there fees associated with eZeeWallet transactions?
Yes, eZeeWallet transactions may be subject to fees, including deposit fees, withdrawal fees, and currency conversion fees. Some online casinos may also impose charges.
Is eZeeWallet available worldwide?
eZeeWallet is available in nearly 200 countries, but its availability may vary by region.
What is the process for opening an eZeeWallet account?
Opening an eZeeWallet account involves prerequisites, filling out a registration form, verifying email and phone number, completing identity verification, setting up security features, funding the account, and using it for transactions.
How can I access my eZeeWallet account on a mobile device?
eZeeWallet offers a mobile app for Android and iOS devices, providing convenient access to account management and transactions.
Can eZeeWallet be used for both personal and business accounts?
Yes, eZeeWallet caters to both individuals and businesses.
Are there inactivity fees associated with eZeeWallet accounts?
eZeeWallet may charge inactivity fees for dormant accounts, with the fee determined by the account balance and duration of inactivity.
Does eZeeWallet support USD transactions?
No, eZeeWallet does not support USD transactions. Users can maintain accounts in various other currencies, but USD is not among them.
