User:Nastya.ananjina/sandbox

= ecoPayz = ecoPayz is a global payment solutions provider that allows payments and money transfers to businesses and individuals to be made through the internet. The online e-wallet is a secure and private method to send and receive money worldwide and customers can also apply for an ecoCard and ecoVirtualcard prepaid card. ecoPayz is a brand of PSI-Pay Ltd, a UK based company which is authorised and regulated by the Fi­nan­cial Con­duct Au­thor­ity under the Electronic Money Regulations 2011 (FCA register number 900011) for the issuing of electronic money.

History
The original ecoCard platform was created in the year 2000.

In 2008, PSI-Pay Ltd, the owner of ecoPayz, was regulated by the FCA under the Financial Services and Markets Act 2000 and the EU Directive on electronic money. The company became authorised by the Financial Services Authority to issue electronic money as a specialised electronic money issuer, as subject to regulatory requirements and supervision.

In 2009, PSI-Pay Ltd, became a principal member of Mastercard for the purposes of card issuing. In the same year, ecoPayz launched their first application for iPhone mobile devices.

In 2010, ecoPayz introduced 24/7 multilingual Customer Support, offering around the clock assistance to private and business customers worldwide.

In 2011, the ecoPayz Business Account solution was launched, providing an instant and cost effective means of paying salaries and expenses to staff, affiliates and individuals worldwide.

In 2013, ecoCard rebranded as ecoPayz in order to enable the Group to differentiate its solutions and brands. In the same year the mobile version of the site was launched.

In January 2014, the ecoVirtualcard prepaid card was re-launched. In May of the same year, the company launched its own ecoAccount application for Apple and Android devices.

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). 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.

ecoAccount
With an ecoAccount, customers can send money across the globe in any of 45 currencies with a private online account that can be topped up and used to pay directly on sites, without the need of entering personal financial details. Customers can also have up to three ecoCards in multiple currencies which can be used to send or receive funds securely from around the globe. ecoPayz also offers virtual one-use cards, which can be instantly acquired, topped up and used to spend online or over the phone, wherever Mastercard is accepted. Once used, it expires, eliminating the risk of being lost or stolen. Customers also have access to their online wallet through a mobile application, for Apple and Android smartphone users.

ecoPayz Business Account
The ecoPayz Business Account enables businesses to instantly pay salaries, commissions and one-off payments to companies and individuals around the world, as well as allocate online payment accounts and prepaid Mastercard cards to employees for expense purposes.

ecoPayz Merchant Account
The ecoPayz Merchant Account gives businesses an instant means of accepting payments from customers worldwide, with the added benefit of fraud and chargeback protection.

Security
ecoPayz uses the latest security and fraud protection technology to protect customers. They use a 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, ecoPayz uses a host of third party data bro­kers to ver­ify the iden­tity of its ac­count hold­ers. ecoPayz 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.