ecoPayz vs NETELLER

 
 
 

ecoPayz vs NETELLER: Introduction

ecoPayz vs NETELLER

ecoPayz is growing steadily and therefore it is time to offer a detailed comparison about ecoPayz vs NETELLER as well as our new comparison ecoPayz vs Skrill.

Our comparisons of NETELLER, Skrill and Paypal were one of the most visited pages on our website and has helped a lot of customers to make the right decission and choose the best eWallet for their needs.

Last updated: June, 2016.

ecoPayz vs NETELLER: VIP programs

It is hard to compare the VIP Program at ecoPayz with NETELLER, as it is quite different compared to Skrill or NETELLER.

While Skrill and NETELLER have a similar system, which is based on a high transfer volume and special requirements, ecoPayz clients can start with the Gold VIP status right after their account verification if they register with our eWO Bonus Program.

The time period to meet the requirements are also very different. While it is on a yearly basis at NETELLER and quarterly basis on Skrill, you don’t have a specific time frame at ecoPayz. Once you hit the next level, you’ll keep it.

The following tables will give you a detailed overview about the different limits, fees and conditions between ecoPayz and NETELLER:

ecoPayz VIP NETELLER VIP
Bronze VIP n/a 10,000 USD/year
Silver VIP n/a 50,000 USD/year
Gold VIP Right after account registration with eWO. 100,000 USD/year
Platinum VIP After transferring 50,000 EUR in total. 500,000 USD/year
Highest VIP level “VIP” level: after transferring 250,000 EUR in total
(or manual upgrade after 10,000 EUR Transfers with eWO).
2,000,000 USD/year

ecoPayz vs NETELLER: Fee comparison

ecoPayz vs NETELLERecoPayz ecoPayz vs NETELLER
NETELLER (VIP)
specific VIP status in (bricks) (silver; gold; platinum; VIP) (bronze; silver; gold; platinum; diamond)
Easier VIP upgrade possibilities
  • Instant gold VIP after account verification.
  • Manual upgrade to highest VIP status after 10,000 EUR transfers to merchants.
    only with eWO.
  • Instant silver VIP after account verification.
    only with eWO.
Available accounts per customer 1 account
(3 different free currency accounts)
1 account
(1;2;2;2;2 different currency accounts)
Available account currencies 45 22
One time Signup Bonus n/a n/a
Account management fees free free
Account unused unused for 12 months:
1.50 EUR/month
unused for 14 months:
1.80 EUR/month
Exchange fees (FX) 2,99% (2,99%; 1,49%; 1,49%; 1,25%)
1,49% with eWallet-Optimizer
3,99% (3.79%; 3,19%; 2,79%; 2,39%; 1.29%)
Receive money free free
Send money (p2p) free 1.9% up to 20 USD (1% up to 10 USD for bronze and silver; 1% max 2 USD as gold, platinum & diamond VIP)
Deposit fees
– bank transfer free free
– instant bank deposit free 1.50%
– credit card 1.69% 1.75 – 4.95%
Withdraw fees
– bank transfer 5.90 EUR 7.50 EUR (free)
– cheque n/a 7.50 EUR
– prepaid card at the ATM 2% (minimum charge 1.50 EUR) 1.75% (1.75%; 1.75%; free; free; free)
– to merchant site free free
Prepaid Card ecoPayz vs NETELLERecoPayz Prepaid MasterCard – “ecoCard” ecoPayz vs NETELLER
Net+ Prepaid MasterCard
– fee to order & annual membership free 10 EUR (10; free; free; free; free)
– costs at points of sale free free
– balance inquire free free
– online bank statement free free
– new PIN 0.50 EUR (PIN reminder) 15 EUR
– new prepaid card 12.50 EUR 10 EUR
– cash withdrawal at ATM limits/24h 750 EUR (750; 1,500; 1,500; 1,500)
1,500 EUR/day for eWO Clients
750 EUR (750; 750; 2,500; 2,500; 2,500)
– points of sale limits/24h 2,000 EUR (2,000; 4,000; 4,000; 4,000)
4,000 EUR for eWO Clients
2,250 EUR
– delivery time 5-10 business days 5-10 business days
– available currencies EUR, USD, GBP EUR, USD, GBP, CAD, SEK, DKK, AUD, JPY
– validation 4 years 3 years
– virtual MasterCard 1.80 EUR/card up to 4 cards/day for eWO Clients free NETELLER Net+ Virtual Prepaid Mastercard
Cashback & Promotions none none (0; 0; 0; 0.25%; 0.5%)
– promotions (regular low-prize draws) none (regular low-prize draws)
up to 1.2% with eWallet-Optimizer up to 1.1% with eWallet-Optimizer
Two factor Authentication
Two-step Authentication Two-step Authentication
– fee to order free app free app
– delivery time right after app installtion right after app installation is completed
– battery life span completed n/a
– Money-back guarantee in case of fraud for all ecoPayz users for all NETELLER users
Link to Terms & Conditions ecoPayz Terms of Use NETELLER Terms of Use

 

ecoPayz vs NETELLER – Development

Similar to Skrill, NETELLER currently is one of the biggest names on the eWallet market. Launched in 1999 and offering their services only in a few countries, customers from over 200 countries can now use NETELLER to transfer money to different merchants and enjoy a high availability especially in the onling gambling and forex trading sector.

Although ecoPayz is also part of the eWallet market already since 2000, they are not as well known to most customers. The main reason is a lack of availability and merchant distribution in some markets, but also that they’ve started their affiliate program only a year ago.

However, they are already working on adding more merchants and with an increase in availability it is just a matter of time before ecoPayz and their market share start growing rapidly.

ecoPayz vs NETELLER – Benefits

Benefits NETELLER:

  • Account Security:
    NETELLER offers a Money-back guarantee in case of fraud for all users if the Two Factor Authentication (2FA) was activated.
  • Higher VIP MasterCard ATM withdrawal limits and no fees:
    VIP clients can withdrawal up to 3,300 USD (standard for eWO clients) with their NET+ MasterCard. Gold and higher VIPs can also request a refund for their paid ATM withdrawal fees, while non-VIPs, Bronze and Silver VIPs only need to pay a small 1.75% fee on their withdrawal amount.

Benefits ecoPayz:

  • Free Multilple Currency Account with very low FX fees:
    Different to NETELLER, ecoPayz customers enjoy the opportunity to use up to 45 currency accounts right after their verification while FX fees are also very low (at 1.49%) compared to NETELLER’s conditions (1-3.39%).
  • Account Security:
    ecoPayz clients can activate the Two Factor Authentication (2FA) by using the Google Authenticator App, to increase their account security.
  • Status upgrade to highest VIP Level:
    eWO clients can get upgraded to the highest VIP Level after transferring only 10,000 EUR to any merchant.
  • 3 free ecoPayz MasterCards:
    Our clients are allowed to get 3 free ecoPayz Prepaid Mastercards (EUR, USD, GPB) with a 1,500 EUR/daily ATM limit.
  • Fast and reliable support:
    ecoPayz normally answers within 1 business day latest and takes care of verifications 24/7. While NETELLER’s needs usually longer to respond to their customer’s emails. However, ecoPayz and NETELLER offer a live chat, which is the fastest way to contact the support.
  • Highest eWallet Cashback on the net:
    With ecoPayz customers can benefit of the highest cashback program on the web (0.6% to 1.2%) while the cashback at NETELLER is at 0.5%-1.1%.

Get additional Bonuses & Support for free

It doesn’t matter if you go with ecoPayz or NETELLER, make sure to register with eWallet-Optimizer to enjoy additional bonuses, higher transfer limits, lower fees and personalized support.

Join us for FREE

If you have any questions about the ecoPayz or NETELLER eWO Bonus Program and their benefits, please do not hesitate to contact us.

We are here to help you.