Industry Online payments
Financial services
Founded 2000 (2000)
Headquarters Horsham, England
Number of locations
Key people
Phil Davies
Tony Davis
Craig James
Products Digital wallet
Prepaid card
Virtual prepaid card
Contactless payment
Services Payment service provider
Payment gateway

ecoPayz is a payment solutions provider offering payment services to businesses and customers around the world in 159 countries and in 45 currencies. ecoPayz is a brand of PSI-Pay Ltd, an FCA regulated company that provides an instant, secure and private means to send and receive money globally, offering bespoke virtual and physical card programs for companies and individuals worldwide. These include corporate expense management and remote staff payment schemes that utilise PSI-Pay's self-card and account issuing facilities.


Regulation and accreditations

PSI-Pay Ltd, the owner of ecoPayz is regulated by the FCA under the Financial Services and Markets Act 2000 as well as the EU Directive on electronic money. The company is authorised by the Financial Conduct Authority to issue electronic money (FCA register number 900011).[6] ecoPayz is a principal Member of MasterCard, licensed to issue branded and unbranded payment cards, including contactless products. It is fully compliant with Payment Card Industry and Data Security Standards, registered with the Information Commissioners Office (ICO) under the Data Protection Act 1998 and is member of the Electronic Money Association.[7]



PSI-Pay offers Fraud Detection Engine, which is a unique web based tool that has been developed in-house. It features a secure and reliable rules based system that brings maximum protection for online merchants, combining analysis of transactional and behavioural data to combat online fraud. In addition, PSI-Pay uses a host of third party data brokers to verify the identity of its account holders. PSI-Pay also employs an in-house team of risk and data analysts, dedicated to identifying and investigating suspicious behaviour and financial transactions, with the objective of minimising exposure to fraud. PSI-Pay's Fraud Detection Engine was Nominated ‘Anti-Fraud/Security Solution’ of the Year in the Payments Awards 2014 and in the FSTech Awards 2015.[14][15][16]

See also


  1. "Fees & Limits – Business Account Fees & Limits – ecoPayz". Retrieved 2015-03-30.
  2. "ecoCard rebrands as ecoPayz". 2013-07-01. Retrieved 2015-03-30.
  3. "ecoPayz launches ecoAccount app for customers". Retrieved 2015-03-30.
  4. "History – ecoPayz History". Retrieved 2015-03-30.
  5. "ecoCard renamed as ecoPayz". 2013-07-01. Retrieved 2015-03-30.
  6. "Company | PsiPay". Retrieved 2015-03-30.
  7. "Accreditations – ecoPayz Accreditations – ecoPayz Memberships". Retrieved 2015-03-30.
  8. "FAQ Client Account Levels & Upgrades - ecoAccount FAQ Centre - Account Levels & Upgrades - ecoPayz". Retrieved 2016-06-30.
  9. "Fees & Limits - ecoAccount Fees & Limits - ecoPayz". Retrieved 2016-06-30.
  10. "ecoPayz vs NETELLER Comparison". eWallet-Optimizer. Retrieved 2016-06-30.
  11. "Services – Send money – Pay Securely – ecoCard – ecoVirtualcard – Multicurrency Payments – Pay on the Move – ecoPayz". Retrieved 2015-03-30.
  12. "ecoPayz Business Account – Make Payments – Manage Expenses". Retrieved 2015-04-29.
  13. "ecoPayz Merchant Account – Accept Payments – Merchant Account Fraud & Security Tools". Retrieved 2015-03-30.
  14. "Fraud detection engine | PSI-Pay". Retrieved 2015-03-30.
  15. "Payments Awards 2015". Retrieved 2015-03-30.
  16. "FStech Awards". 2013-04-17. Retrieved 2015-03-30.

External links

This article is issued from Wikipedia - version of the 9/2/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.