Bank of Cyprus
Bank
Bank of Cyprus is the largest bank in Cyprus and one of the main banking partners for licensed iGaming operators registered on th…
Banking directory
Banks & payment systems for iGaming
51 entries (12 banks + 39 payment systems) serving the iGaming industry. Compare corporate accounts, merchant processing, e-wallets and crypto payment solutions.
Card schemes classify iGaming as high-risk, so most retail banks decline gambling businesses outright. Operators instead work with a small set of iGaming-friendly banks (mostly in Cyprus, Malta, the Baltics and the UK), electronic money institutions (EMIs) for multi-currency IBANs and payouts, and payment service providers (PSPs) for card acquiring. Opening an account needs a valid licence, beneficial-owner documents, a business plan and source-of-funds evidence, and companies usually spread balances across several institutions to reduce freeze risk. Most e-wallets and crypto methods listed here are for player deposits and affiliate payouts rather than the operator’s own corporate banking.
51
Total entries
12
Banks
39
Payment systems
17
Countries covered
Showing 51 entries
Hellenic Bank
Bank
Hellenic Bank is the second-largest bank in Cyprus and serves iGaming operators among others within corporate banking. It provide…
Eurobank Cyprus
Bank
Eurobank Cyprus is the Cypriot unit of Greece's Eurobank group, offering corporate banking with relatively fast onboarding for li…
HSBC UK
Bank
HSBC is one of the largest banks in the UK and the world, providing corporate banking including to iGaming operators licensed by …
Lloyds Bank
Bank
Lloyds Banking Group is one of the largest banking groups in the UK, providing corporate banking to iGaming operators registered …
Credit Suisse
Bank
Credit Suisse was historically one of the largest Swiss banks; it was absorbed by UBS in 2023 and client servicing is gradually m…
UBS
Bank
UBS is the largest bank in Switzerland and one of the world's leading wealth managers, holding a dominant position on the Swiss m…
Julius Baer
Bank
Julius Baer is one of the largest Swiss private banks, specialising in wealth management for high-net-worth clients. In iGaming t…
Bank of America
Bank
Bank of America is one of the largest US banks and provides corporate banking to iGaming operators in the states where online gam…
Mercury Bank
Bank
Mercury is a US digital bank (banking services provided by partner banks) for startups and technology companies, including iGamin…
TD Bank
Bank
TD Bank is one of the largest banks in North America and serves iGaming operators on the legal markets of the US and Canada. It p…
LHV Bank
Bank
LHV Bank is one of the largest banks in Estonia and works actively with iGaming operators and technology companies. It offers mul…
Skrill
Payment System
Skrill is one of the most widely used e-wallets in iGaming, operating since 2001 and owned by the Paysafe group. It supports more…
Neteller
Payment System
Neteller is an e-wallet for iGaming transactions operating since 1999 and, like Skrill, part of the Paysafe group. It is accepted…
EcoPayz
Payment System
PayZ (formerly ecoPayz) is an e-wallet platform widely used in iGaming for deposits, withdrawals and affiliate payouts. It suppor…
MuchBetter
Payment System
MuchBetter is a mobile e-wallet designed specifically for iGaming, with lower fees than classic wallets. It works through iOS and…
Jeton
Payment System
Jeton is a multi-currency e-wallet supporting both fiat currencies and cryptocurrency, with a notable presence in iGaming. It off…
Paysafecard
Payment System
Paysafecard is a prepaid payment method that lets players fund gambling accounts without a bank card and without disclosing payme…
Bitcoin
Payment System
Bitcoin is the first and best-known cryptocurrency, widely used in iGaming for deposits and withdrawals, especially at Curacao-li…
USDT (Tether)
Payment System
USDT (Tether) is the most widely used stablecoin in iGaming, pegged 1:1 to the US dollar. For players it is a way to use the spee…
Ethereum
Payment System
Ethereum (ETH) is the second-largest cryptocurrency by market capitalisation, accepted by many crypto-focused iGaming operators, …
Litecoin
Payment System
Litecoin (LTC) is a cryptocurrency with a block confirmation time of about 2.5 minutes, which makes it convenient for fast iGamin…
WebMoney
Payment System
WebMoney is a payment system historically popular in Russia, the CIS and Eastern Europe, including for gambling deposits and affi…
Capitalist
Payment System
Capitalist is a payment system built for high-volume online businesses, including iGaming and traffic arbitrage. It supports fiat…
Wise
Payment System
Wise (formerly TransferWise) is a fintech with multi-currency accounts and transfers at the mid-market exchange rate with no hidd…
Payoneer
Payment System
Payoneer is a payment platform widely used by iGaming affiliates and contractors to receive commission payouts from affiliate net…
Bankera
Payment System
Bankera is a Lithuanian fintech offering digital banking and crypto payments for businesses, including iGaming. Its services cove…
Genome
Payment System
Genome is a Lithuanian electronic money institution (EMI) providing digital wallets, multi-currency IBAN accounts and merchant pr…
Wallester
Payment System
Wallester is an Estonian fintech specialising in issuing virtual and physical cards, including for media buying in iGaming and tr…
Solidgate
Payment System
Solidgate is a payment platform providing merchant accounts and card processing for online businesses, including iGaming operator…
Nuvei
Payment System
Nuvei is a Canadian payment technology company (listed on Nasdaq and TSX) that provides card acquiring, alternative payment metho…
Trustly
Payment System
Trustly is a Swedish open-banking payment provider widely used in iGaming for account-to-account deposits and fast withdrawals wi…
ClearJunction
Payment System
ClearJunction is a UK-based payments company (FCA-authorised EMI) that provides banking-as-a-service, dedicated IBANs, SEPA and S…
Paysera
Payment System
Paysera is a Lithuanian EMI offering multi-currency IBAN accounts, SEPA and SWIFT payments, card acquiring, mass payouts and paym…
emerchantpay
Payment System
emerchantpay is a global payment service provider offering card acquiring, alternative payment methods and a payments gateway to …
PXP Financial
Payment System
PXP Financial is a payment service provider that combines acquiring, a gateway and alternative payment methods for merchants in t…
CoinsPaid
Payment System
CoinsPaid is an Estonian crypto payment processor with a strong focus on iGaming. It provides deposits and withdrawals in 20+ cry…
AstroPay
Payment System
AstroPay is a wallet and prepaid-card provider strong in Latin America, India, Africa and South-East Asia, and widely accepted at…
MiFinity
Payment System
MiFinity is an e-wallet with a large iGaming footprint, offering instant deposits and withdrawals, the eVoucher for card-free fun…
Praxis Tech
Payment System
Praxis Tech is a payment-orchestration platform built for iGaming. Its Praxis Cashier connects an operator to hundreds of PSPs, a…
Corefy
Payment System
Corefy is a payment-orchestration platform that unifies PSPs, acquirers and alternative methods behind one API and dashboard, wit…
Trust Payments
Payment System
Trust Payments is a UK and Malta-based payment service provider offering card acquiring, a gateway, alternative payment methods a…
payabl.
Payment System
payabl. is a Cyprus-based payment company holding both an acquiring licence and an electronic money institution licence in the EU…
Rapyd
Payment System
Rapyd is a UK-based fintech-as-a-service company providing card acquiring, local payment methods, multi-currency wallets and mass…
Aircash
Payment System
Aircash is a Croatian electronic money institution licensed in the EU, with a wallet, prepaid Mastercard and cash-voucher network…
Piastrix
Payment System
Piastrix is a multi-currency wallet and payment aggregator widely used across the CIS and in a number of emerging markets, includ…
Perfect Money
Payment System
Perfect Money is an offshore electronic-currency system used in the CIS, Middle East, Asia and Africa, including at online casino…
B2BinPay
Payment System
B2BinPay is a crypto payment processor for businesses, including iGaming operators, offering deposit and withdrawal acceptance in…
Volt
Payment System
Volt is a UK open-banking payment provider offering real-time account-to-account deposits and instant payouts without cards, acro…
Airwallex
Payment System
Airwallex is a global fintech offering multi-currency business accounts, local collection details in 20+ currencies, borderless c…
Revolut Business
Payment System
Revolut Business provides multi-currency accounts, local IBANs, corporate cards, expense management and payout APIs for companies…
Frequently asked questions
Banking, EMIs and payment processing for iGaming operators and affiliates.
Why is iGaming high-risk for banks?
Gambling carries elevated regulatory, AML and reputational exposure, higher chargeback rates and cross-border complexity. Card schemes tag the merchant category as high-risk, and many banks apply blanket restrictions rather than assess each operator, so the pool of willing institutions is small.
Bank vs EMI vs PSP — what is the difference?
A bank holds deposits and issues an IBAN under a full banking licence. An EMI (electronic money institution) offers multi-currency accounts, IBANs and payouts but cannot lend or take deposits in the banking sense — onboarding is faster and more flexible for higher-risk sectors. A PSP handles card acquiring and alternative payment methods for player deposits and withdrawals. Operators typically use all three.
What does an operator need to open a corporate account?
A valid gaming licence, the ownership structure with ultimate beneficial owners, a business plan and description of the monetisation model, source-of-funds and source-of-wealth evidence, and often audited financials. Timelines and approval odds depend on the licensing jurisdiction, target markets and the company’s history.
Which jurisdictions are most bank-friendly for iGaming?
Cyprus and Malta are the established hubs for operator and holding accounts thanks to local banks that understand the sector and favourable tax treaties. The Baltics (Estonia, Lithuania) are strong for EMIs. UK banking is available mainly to large UKGC-licensed operators. Offshore-only structures are the hardest to bank.
Can players deposit directly through these banks and wallets?
The e-wallets and crypto methods (Skrill, Neteller, MuchBetter, USDT and similar) are widely used for player deposits and withdrawals. The banks and business EMIs (Wise, Mercury, Airwallex, Revolut Business) are for the operator’s or affiliate’s own corporate banking — several explicitly prohibit gambling transactions on business accounts.