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Account types

Account Types

What is a Master Account?

The Master Account is the main account that you can use to receive deposits, transfer funds, withdraw funds or allocate the ecoCards for expense purposes. Your Master Account can also be used to distribute funds between your expense accounts.

What is an Expense Account?

Expense Accounts are designed to separate the funds used for paying salaries/commissions and the funds that are used for the corporate expenses. The Business Account holder has an option to open up to 10 expense accounts and link the ecoCards to each of them.

What is a Member Account?

Member Accounts are designed to simplify the way how the payments to the affiliates or the employees are handled. With the Member Accounts the ecoPayz Business Account holder has all the necessary account information at one place saving the time spent on performing such daily activities as paying salaries or commissions.