ecoPayz vs NETELLER: Introduction
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).
ecoPayz vs NETELLER: Fee comparison
|specific VIP status in (bricks)||(silver; gold; platinum; VIP)||(bronze; silver; gold; platinum; diamond)|
|Easier VIP upgrade possibilities||
|Available accounts per customer||1 account
(3 different free currency accounts)
(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:
|unused for 14 months:
|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%)|
|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)|
|– bank transfer||free||free|
|– instant bank deposit||free||1.50%|
|– credit card||1.69%||1.75 – 4.95%|
|– 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 Prepaid MasterCard – “ecoCard”||
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
|– 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|
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
- 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.
- 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.
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.