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9 Aspects to Look For in a Top iGaming Payment Provider
There are hundreds of iGaming payment providers out there. Which one will meet your demands? Many businesses ask this question. Not many get the right answer.
With the global online gaming market expected to reach $127 billion by 2027, getting the right iGaming payment services is paramount. Simply put, the better provider you have, the more customers you can serve, the faster payments will be, and the higher your income you will have.
Yet, choosing the right provider can be challenging, especially with the unique needs of high-risk industries like iGaming. In this piece, we will go through a nine-point checklist. These steps ensure you enter a pool of top iGaming payment providers.
So, buckle up.
1. Verify If an iGaming Software Provider is High-Risk Friendly
iGaming is a high-risk industry. That means higher fees and more scrutiny. Choose a provider specialising in high-risk sectors to avoid disruptions and reduce transaction rejections.
Keep note: Not all payment providers are willing to work with high-risk industries, leading to potential delays or increased fees.
The right iGaming payment provider must have these aspects to be truly high-risk friendly:
- Have no volume restrictions
- Understand the industry to the bone
- Provide a dedicated account manager with expert knowledge of the sector
- Support licenses in different jurisdictions
2. Check How Long It Takes for an iGaming Payment Provider to Open a Business Account
Now, you narrowed down the list of best payment providers for iGaming. The next important question to ask:
How long will it take to open a business account?
In most cases, when you need to open a business account, you can expect two challenges:
- Lengthy approval process.
- A lot of documents to provide.
Many banks does not understand industries like iGaming. That is why they ask tons of unrelated questions and require documents you don’t simply have. As a result, getting a business account can take weeks or months.
A good provider opens a business account for you in several weeks. A great iGaming software solutions provider opens a business account in about 48 hours.
https://account.paydo.com/en/auth/business/sign-up
3. Make Sure an iGaming Payment Provider Has SWIFT In Their Arsenal
For international transactions, SWIFT is a must. This scheme allows for faster, more secure iGaming transactions. It reduces delays and ensures smooth processing of player deposits and withdrawals.
Without SWIFT, iGaming operators risk slower processing times and dissatisfied players. Yet, the rule of thumb dictates that the more payment schemes you have access to the better.
4. Does iGaming Payment Provider Offer Multiple Currencies?
This should be your next question. Even if an iGaming payment provider is high-risk friendly, opens a business account fast, and is connected to SWIFT, this does not mean you get many currencies to work with. You still need to pay contractors in their local currency.
Also, setting up a multicurrency account can come at a significant cost. Banks and EMIs impose additional charges for each extra currency you might need.
5. Check If an iGaming Payment Provider Offers Merchant Services
If you have a website accepting payments, you need a good checkout.
What constitutes a “good” checkout?
In most cases, the number of chargebacks, holds, rolling reserves, as well as payment methods available. Besides, you want a checkout that can be easily integrated.
6. What About Mass Payouts?
Every iGaming operator knows how hard it can be to send multiple payments to several customers. When you don’t have mass payments with your iGaming provider, every payment must be made one by one. Without saying, it will take a lot of your time and nerve.
.
7. Confirm Whether an iGaming Payment Provider Have Virtual and Physical Cards
Virtual and physical cards allow flexibility for both business payments and player withdrawals. They can be used for payouts, ad spending, or corporate expenses. Besides, having a personalised plastic card speaks volumes about your brand.
8. Compliance With Global and Local Regulations
After going through the arsenal of services of a chosen best iGaming payment provider, the next logical step is to look at compliance. You must be sure a selected provider has the legal right to provide certain services and operate in partnership destinations.
To illustrate, as an iGaming payment provider, one should have at least these:
- The Financial Conduct Authority (FCA).
- Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
As an add-on, a good iGaming payment provider should have an Authorised Electronic Money Institution (UAB) license. This one allows the platform to issue electronic money and offer related financial services within the European Union (EU) and European Economic Area (EEA).
9. Double-Check the Security Measures an iGaming Payment Provider Implements
For top iGaming payment providers these security measures are non-negotiable:
- Built-in anti-fraud.
- PCI-DSS Level 1 compliance.
- 3D-Secure (3DS) technology.
- Anti-money laundering (AML) protocols.
- Automated KYC.
PayDo—All Payment Solutions in One Place
While all roads lead to Rome, all aforementioned aspects lead to platforms like PayDo.
PayDo is a payment ecosystem. It made sure all the aspects we talked about were covered. Namely, the platform is:
1. High-risk friendly:
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- No volume restrictions.
- No hidden fees
- No minimal commitments
- No minimal balances
- No nonsense requirements
- All iGaming licenses (Curacao included).
- In-depth understanding of high-risk industries.
- Curacao and other licenses supported
- A dedicated account manager with extensive experience in iGaming
- Momentary payouts
- Scheduled payments
- 140+ destinations
2. Business account opening:
-
- Takes about 48 hours.
- Completely remote.
- Requires a standard package of documents.
- Onboarding is as quick as verification.
3. Nine payment schemes:
-
- SEPA
- SEPA instant
- Fedwire
- Target 2
- FasterPayments
- Chaps
- BACS
- Kronos2
4. Multicurrency:
-
- Dedicated IBAN with 35+ currencies and 150 countries.
- Personal account with 12+ currencies.
- No extra charges for currencies.
5. Checkout:
-
- Zero chargebacks
- No holds or rolling reserve
- Easy API integration
- 350+ payment methods
- Localization
- Instant settlements
- Conversion rate > 98%
- Unlimited websites
6. Mass Payouts:
-
- Automatic payouts without any manual inputs.
- Customers receive their funds without fees.
7. Virtual and Physical Cards:
-
- Offer employees personalized cards.
- Improve corporate expense management.
- No limit on issuance.
8. Compliance and Security:
1.Licensed by:
-
-
- FCA.
- FINTRAC
- UAB.
-
2.Security measures:
-
-
- Built-in anti-fraud.
- PCI-DSS Level 1 compliance.
- 3D-Secure (3DS) technology.
- Anti-money laundering (AML) protocols.
- Automated KYC.
- Encryption.
- Safeguarding.
-
Besides, recently PayDo was nominated for the Payment Innovation of the Year award at a
reputable iGaming-focused SBC 2024 convention.
Finally, PayDo have become a SWIFT Direct Participant. Now the platform can send and receive messages directly through the SWIFT network without intermediary banks.
For PayDo clients, it means faster transaction speed and fewer delays.
Conclusion
When choosing a payment provider for iGaming, check these aspects:
- High-risk friendly;
- Business account opening;
- SWIFT availability;
- Multiple currencies;
- Merchant services;
- Mass payouts;
- Virtual and physical cards;
- Compliance;
- Security measures.
The list is that long because top iGaming payment providers like PayDo work hard to develop a solution that will stand out in a competitive market. With PayDo, you get the services of 8-9 payment providers in one place and under one contract.
Don’t hesitate to open an account right now. We are ready when you are!
The post 9 Aspects to Look For in a Top iGaming Payment Provider appeared first on European Gaming Industry News.
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
AU10TIX announced the launch of a free Child Safety Age Assurance Risk and Readiness Assessment and Age Assurance Readiness Guide designed to help businesses better understand their risk and tailor their strategy to meet regulatory obligations. They support AU10TIX’s Selfie-based Age Estimation service, which delivers the industry’s most precise and unbiased age assessment in just two seconds. In the US, federal legislation such as the Children’s Online Privacy Protection Act (COPPA) requires parental consent for users under 13, while the California Consumer Privacy Act mandates age verification for websites accessed by users under 16. Additionally, 19 U.S. states now enforce mandatory age checks for adult content and gambling platforms. Similar regulations are impacting social media and online services in the UK, EU and Australia.
Caesars Entertainment has launched its third fully in-house developed proprietary online casino title: Signature American Roulette. Now live in New Jersey, the game is available across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino, bringing another standout addition to the Company’s Signature table game series. Developed by Empire Creative, Signature American Roulette reflects Caesars’ growing investment in building its own proprietary content, a cornerstone of its online casino strategy aimed at delivering a best-in-class player experience. Signature American Roulette follows the recent launches of fan-favourite Signature titles, Caesars Palace Signature Multihand Blackjack Surrender in May and Signature Blackjack Surrender in June, both also developed by Empire Creative.
Novig announced the successful close of an $18 million Series A funding round. The round was led by Forerunner, with participation from existing investors Y Combinator, NFX, Perceptive Ventures and Gaingels. Founded by Jacob Fortinsky and Kelechi Ukah, Novig is reimagining sports predictions as a transparent and fair marketplace. Unlike traditional sportsbooks, Novig allows users to trade directly with one another, rather than against the house, eliminating hidden fees, biased odds and the risk of being penalised for winning.
Partnerships
IGT announced that it has secured a multi-year sports betting technology and services agreement with Hipodromo de Agua Caliente SA de CV and Distribuidora Internacional de Equipos de Juego, S. De R.L. De C.V. that will significantly extend IGT PlaySports’ footprint to Mexico and Latin America via Corporación Caliente. Per the agreement, 42 Caliente sportsbooks in Mexico will leverage the IGT PlaySports platform and services from the Company’s Trading Advisory Services Team. Through a phased rollout, Caliente will also be able to provide select sportsbooks operators throughout Latin America access to IGT PlaySports’ technology, extending the technology’s reach to more than 100 additional venues across eight countries.
CT Interactive has announced a strategic partnership with Ondiss. Through this collaboration, CT Interactive’s top-performing titles are now integrated into the Ondiss platform, significantly expanding the company’s reach within the region’s regulated iGaming market. This integration adds value to the broad Argentine audience of Casino & Hotel Casino Magic S.A., which successfully uses the Ondiss platform. With CT Interactive’s certified and player-favourite content now available, operators on the platform are empowered to diversify their offerings and meet the increasing demand for engaging, high-quality games.
The post Gaming Americas Weekly Roundup – August 11-17 appeared first on European Gaming Industry News.
Bundesliga International is strengthening its longstanding agreement with Sportradar Group AG (NASDAQ: SRAD) to further enhance the viewing experience, accelerate innovation through new exclusive data, and deliver next-generation digital experiences for the betting and gaming market.
Sportradar’s partnership with Bundesliga International dates back to 2005. Utilising the 3.6 million data points from every Bundesliga match, and harnessing Sportradar’s proprietary technology, a suite of engaging products has been launched ahead of the start of the 2025-26 Bundesliga season, and available to Sportradar’s global client base. These include:
Live Player Markets: Leveraging Bundesliga tracking data and Sportradar’s advanced AI capabilities in real-time will create approximately 240 additional opportunities to bet per match.
4Sight Streaming: Award-winning, next generation streaming technology allows betting operators to incorporate AI-driven animated overlays and actionable insights into a live stream, enriching the Bundesliga viewing experience by increasing understanding of live match action.
Enhanced Live Match Tracker: Powered by tracking data and computer vision which keeps fans engaged and provides in-play betting opportunities directly within the betting app.
“We are thrilled to further deepen our collaboration with Bundesliga, one of the most popular football leagues in the world,” said Patrick Mostboeck, SVP Fan Engagement at Sportradar.
“Over the course of our nearly twenty-year relationship, we’ve worked together to develop some of the most innovative and engaging football solutions for fans across the globe. And we continue to work together to power new ways to engage audiences and deliver unmatched value to the global football ecosystem.”
With coverage of more than 150,000 matches annually across 900+ football leagues, as industry leaders Sportradar offers the industry’s deepest and most comprehensive football portfolio.
“The Bundesliga is always looking to innovate and, working with Sportradar, we lead the way when it comes to enhancing our media product for the betting and gaming industry,” said Peer Naubert, Chief Executive Officer of Bundesliga International.
“This long-term relationship lays the foundation for creating new ideas and staying ahead of the curve, and we’re excited to see the fruits of that labour come to life with this latest launch.”
The post Sportradar introduces next gen Bundesliga products appeared first on European Gaming Industry News.
Vixio, a leading provider of regulatory intelligence solutions, has unveiled its 2025 Global Regulatory Awards (GRAs) shortlist.
Now in their ninth year, the GRAs continue to recognise and celebrate the achievements of individuals, teams, and organisations in the gambling industry that have excelled in compliance, corporate social responsibility, and safer gambling. This year’s awards shortlist features 21 award categories, over 190 finalists and more than 100 unique organisations represented. “Congratulations to all of this year’s finalists. Achieving a place on the shortlist is no small feat, especially in our most competitive year yet. The continued growth of the GRAs reflects how seriously the industry takes compliance and the ongoing drive for excellence in this field,” stated Mike Woolfrey, CEO of Vixio. Woolfrey added: “Our thanks go to the judging panel for their diligent and independent evaluation, which ensures the integrity of these awards. We look forward to celebrating with so many of you in November.”
The 2025 GRA presentation will take place on November 19, 2025, at the Grand Connaught Rooms in London. Due to the event’s popularity, the remaining tables will sell out fast. Vixio strongly advises booking now to ensure you don’t miss out. You can now secure your table online in minutes using Vixio’s quick and easy booking portal. Additional information on table bookings can be found here.
The GRAs 2025 shortlist is as follows:
| AML or MLR Professional of the Year | |
| 1 | Carlos Suárez, Catena Media |
| 2 | Cecile O’Connell, LeoVegas |
| 3 | Dave Foppert, DraftKings |
| 4 | Eleni Panagiotopoulou, SOFTSWISS |
| 5 | Georgi Iliev, Delasport |
| 8 | Kate Faulkner, BoyleSports |
| Award for Commitment to Compliance by a Supplier | |
| 1 | BETBY |
| 2 | Digitain |
| 3 | Docaposte |
| 4 | GBG |
| 5 | GeoComply |
| 6 | GeoLocs by mkodo |
| 7 | Kambi |
| 8 | OpenBet |
| 9 | Play’n GO |
| 10 | Pragmatic Solutions |
| 11 | Soft2Bet |
| 12 | Wazdan |
| Award for Commitment to Compliance by an Operator Sponsored by: Gaming Associates | |
| 1 | Betinia |
| 2 | CampoBet |
| 3 | DraftKings |
| 4 | Genting Casinos |
| 5 | LeoVegas |
| 6 | Tipico Games |
|
Chief Compliance Officer of the Year Sponsored by: eCOGRA |
|
| 1 | Abby Cosgrave, LeoVegas |
| 2 | Anton Sikström, Catena Media |
| 3 | Corinne Valletta, Betsson Group |
| 4 | Ed Bedrosian, Xpoint |
| 5 | Filippo Ferri, Delasport |
| 6 | Jennifer Aguiar, DraftKings |
| 7 | Lloyd Lemmon, Pragmatic Solutions |
| 8 | Ray Dunkle, Virginia Lottery |
| 9 | Sara Cass, IFX Payments |
| 10 | Sophie Bowler, Zodia Custody |
| 11 | Steve Richardson, Scientific Games |
| 12 | Tommaso Di Chio, Bragg Gaming |
| Compliance Innovator of the Year | |
| 1 | BetComply |
| 2 | BizAcuity Solutions |
| 3 | GeoComply |
| 4 | Mindway AI |
| 5 | OneComply |
| 6 | OpenBet |
| 7 | Rightlander |
| 8 | Sharp Vision |
| 9 | Soft2Bet |
| 10 | Xpoint |
| Compliance Professional of the Year | |
| 1 | Andrew Poole, Light & Wonder |
| 2 | Ardie Manuel, Virginia Lottery |
| 3 | Arshak Muradyan, Digitain |
| 4 | Bill Curtis, DraftKings |
| 5 | Christopher Lottering, Pragmatic Solutions |
| 6 | Denzil Mason, Genting Casinos |
| 7 | Jeremie Kanter, Continent 8 |
| 8 | Jessica Feil, OpenBet |
| 9 | Juan Jose Daruich, Daruich |
| 10 | Martin Crowe, NexaCompliance |
| 11 | Ryan Farrah, LeoVegas |
| 12 | Tatevik Grigoryan, BetConstruct |
| Compliance Rising Star Special Award | |
| 1 | Attila Hunter, Betika |
| 2 | Birgit Strauszberger, Greentube |
| 3 | Jasmine Yasin, Delasport |
| 4 | Kate Faulkner, BoyleSports |
| 5 | Kevin Kostreci, GLI |
| 6 | Kizzie Fenner, Evoke |
| 7 | Maša Tičar, Pragmatic Solutions |
| 8 | Medisha Moodley, Games Global |
| 9 | Robert Lo Giudice, BetMGM |
| 10 | Shacke Manukyan, BetConstruct |
| 11 | Sheena Patel, DraftKings |
| 12 | Vanessa Hurt, Paysafe |
| Compliance Team of the Year
Sponsored by: Docaposte |
|
| 1 | AGS |
| 2 | BetConstruct |
| 3 | Bragg Gaming |
| 4 | Continent 8 |
| 5 | Delasport |
| 6 | Digitain |
| 7 | DraftKings |
| 8 | OpenBet |
| 9 | Playtech |
| 10 | San Manuel Tribal Gaming Commission |
| 11 | Scientific Games |
| 12 | Wazdan |
| Head of Regulatory Affairs or Government Relations of the Year | |
| 1 | Carl Brincat, LeoVegas |
| 2 | Devon Dalbock, GLI |
| 3 | Emeline d’Ollone, Catena Media |
| 4 | Emőke Péter, Worldline |
| 5 | Filippo Ferri, Delasport |
| 6 | Hartwig Gerhartinger, Paysafe |
| 7 | Michael Karloutsos, Hard Rock International |
| 8 | Travis Foley, BMM Innovation Group |
| Legal Team of the Year | |
| 1 | Alea |
| 2 | Altenar |
| 3 | Betika |
| 4 | Betsson Group |
| 5 | Bragg Gaming |
| 6 | Catena Media |
| 7 | Kambi |
| 8 | LeoVegas |
| 9 | Light & Wonder |
| 10 | OKTO |
| 11 | Paysafe |
| 12 | Virginia Lottery |
| Marketing Compliance Team of the Year
Sponsored by: White Bullet |
|
| 1 | BetMGM |
| 2 | Better Collective |
| 3 | Catena Media |
| 4 | Gentoo Media |
| 5 | LeoVegas |
| Outstanding Contribution to Safer Gambling | |
| 1 | AiR HUB – UNLV International Gaming Institute |
| 2 | Betting and Gaming Council |
| 3 | Casino Guru |
| 4 | EPIC Global Solutions |
| 5 | Flutter Entertainment |
| 6 | GamProtect |
| 7 | Genting Casinos |
The post Vixio Announces the Finalists for the 2025 Global Regulatory Awards appeared first on European Gaming Industry News.
Gaming Americas Weekly Roundup – August 11-17
Sportradar introduces next gen Bundesliga products
Vixio Announces the Finalists for the 2025 Global Regulatory Awards
BGaming Marks the First Anniversary of Viral Hit Aviamasters™ with Record-Breaking Metrics
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Jackbit: The New Crypto Casino Shapes U.S. Gambling in 2025 with 7000 Games and No KYC
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CT Interactive Releases Lucky Clover 10
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