ecoCard becomes ecoPayz

The rebranding is made to reflect added services and payment solutions

ecoCard, the reputed alternative payment solutions provider since 2000, has now also taken on a processing role in the market and has subsequently rebranded itself ecoPayz. The rebranding comes with two sub-brands namely:

ecoPayz Business Account: Includes ecoAccount and ecoCard

ecoPayz Merchant Account Merchant Account Merchant accounts are component of the payments ecosystem that are essential for the brokerage business. These allow the company to accept multiple types of payments but namely credit and debit cards. In contrast to a traditional bank account, the regulations for merchant accounts are less stringent. A merchant account is established between the company accepting the payment and a merchant acquiring bank. Per merchant agreement directly with an acquiring bank or via an aggregator, ay agreement c Merchant accounts are component of the payments ecosystem that are essential for the brokerage business. These allow the company to accept multiple types of payments but namely credit and debit cards. In contrast to a traditional bank account, the regulations for merchant accounts are less stringent. A merchant account is established between the company accepting the payment and a merchant acquiring bank. Per merchant agreement directly with an acquiring bank or via an aggregator, ay agreement c Read this Term (the new portfolio): Includes the processing arm of the business which manages the payment gateway for merchants and retailers.

Phil Davies, managing director of ecoPayz, stated: "The logic behind the rebrand is simple - we needed a brand that would represent our growing portfolio of innovative payment solutions."

"Over the last few years we have significantly grown and extended our range of payment solutions to incorporate a range of virtual payment mechanisms, not just physical cards, so the name EcoCard just didn't fit anymore. Launching ecoPayz as our new group brand enables us to offer a flexible and responsive approach to merchants by offering them the best solutions to meet their needs."