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Complete Processing Time

2 months

Reputation

Established

Regulatory Requirements

Moderate

Coverage

Comprehensive

Streamlined Payment Solutions for iGaming Operators

A safe and easy payment system made for online gaming businesses.

BENEFITS

Core Advantages of Integrating Payment Systems in iGaming

Exceptional Approval Rate

A full refund is guaranteed if your application is declined without justification or was approved despite known risks.

Exclusively Verified Partners

We collaborate exclusively with proven experts in the gambling industry who prioritize security and reliability

Responsive and Mobile-Friendly

Players should be able to deposit and withdraw without a hassle. We focus on mobile-ready methods so the experience stays quick and easy.

Supports Cryptocurrency Payments

We provide on/off-ramp and blockchain-based crypto solutions with low fees (up to 0.4%), plus custodial wallets for seamless, flexible payments.

Reduced Chargeback Rates

Card payments such as Visa and Mastercard are often vulnerable to chargebacks, particularly when players dispute transactions after gambling. Our solutions offer safer alternatives that significantly lower this risk.

Advanced Security Infrastructure

All our payment methods adhere to the highest security standards, ensuring secure transactions and a smoother experience for both you and your players.

Made for Your Market

We recommend payment methods that are popular and widely used in your target regions—like PIX in Brazil, UPI in India, or Interac in Canada—ensuring they match your audience’s preferences.

Wide Range of Choices

With a network of over 160 partners, we provide access to 1,000+ payment methods, including cards, e-wallets, bank transfers, mobile payments, vouchers, and more.

Trusted and Functional Payment Methods

We match you with payment providers and cashier services tailored to your market and operational needs—everything you need to launch with confidence.

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DOcuments

Required documents for Payment Solutions for iGaming Companies

Provide business and financial documents for setup.

Simplify Payments. Grow Faster.

Managing payments in iGaming can be complex — but it doesn’t have to be. With our Cashier Service, you gain access to hundreds of global payment methods through a single, streamlined integration. Prefer full control? Our Direct Integrations option gives you flexibility to connect directly with providers.

What Are Payment Solutions?

Payments may not be the most glamorous part of your gaming platform — but they’re among the most crucial. When deposits and withdrawals are fast, smooth, and secure, players stay engaged. If payments are slow or unreliable, they leave.

That’s why successful platforms invest in offering a wide range of trusted payment options. This includes traditional debit and credit cards, alternative payment methods like e-wallets and cryptocurrencies, and even regional or cash-based solutions. The goal is to give players familiar, trustworthy choices — because when users see their preferred method, they feel confident and convert faster.

Behind the scenes, Payment Service Providers (PSPs) handle the technical work. But not all PSPs are transparent. Some charge hidden fees, limit access to your funds, or make reporting unnecessarily difficult.

If you’re a smaller or growing operator, choosing the right PSP can be challenging. That’s where we come in. MGL helps you evaluate, select, and implement the right payment strategy for your business — with no guesswork.

Who Needs Payment Solutions?

If you’re operating in the online gambling space — whether a casino, poker room, or sportsbook — you need a payment system that just works.

Players expect:

Instant deposits
Fast, hassle-free withdrawals
Transparent currency conversions
No surprise fees

Delivering this level of convenience builds trust and keeps players coming back. But beyond user experience, there’s also regulatory pressure: AML, KYC, fraud checks, and transaction monitoring must all be handled correctly to ensure compliance.

The right payment solution helps you stay ahead of these challenges — giving you time to focus on scaling your platform instead of getting caught in operational slowdowns.

We offer two tailored approaches depending on your goals and resources:

Cashier Service

Our Cashier Service is an all-in-one payment gateway that connects you to a broad range of providers via a single integration.

Instead of building 4–5 separate connections for each region or method, we simplify everything for you. You’ll be able to:

Offer localized payment options
Manage providers from a single dashboard
Monitor transactions in real time
Ensure compliance with local regulations

This is ideal for teams that want to launch quickly, expand efficiently, and reduce the burden of technical integration.

Direct Integrations

If your business is more advanced and you want full control, our Direct Integration model lets you connect to each payment provider individually.

This gives you:

Greater flexibility in terms of routing and fees
More customization over the user experience
Potential cost savings at scale

However, this option requires more internal resources and technical expertise. It’s best suited for operators with dedicated development teams and existing infrastructure.

Let’s Build the Right Payment Strategy

Whether you’re launching your platform or optimizing it for growth, we’re here to help you choose and implement the payment solution that fits your business best.

Let’s simplify payments — and let you focus on what you do best: building an engaging, profitable gaming experience.

Streamline Payments for Your iGaming Business

Unlock seamless, secure, and scalable payment solutions designed for the iGaming industry. From instant player deposits to global payouts — we simplify every step. Partner with trusted, iGaming-ready providers today.

Onboarding Requirements

Once your online gambling license is secured and your platform is ready to launch, the next critical step is integrating a reliable payment solution — especially when entering new markets.

The documentation required by payment providers is often similar to what you’ve already prepared during the licensing process. Here’s a summary of what you’ll typically need:

Personal Documents

Passport copies (for all company owners and directors)
Proof of address (utility bill or bank statement dated within the last 3 months)
UBO Declaration (confirms the Ultimate Beneficial Owner of the business)

Incorporation & Regulatory Documents

Certificate of Incorporation (legal proof of company registration)
Business License (authorization to operate)
Gaming License (issued by authorities such as MGA, UKGC, or Curaçao)
Articles / Memorandum of Association (AOA/MOA outlining company structure)

Compliance & Operational Documents

KYC & AML Policies (ensuring compliance with anti-money laundering regulations)
Risk Assessment Report (strategy for fraud detection and prevention)
Player Verification Procedures (to meet responsible gaming standards)
Bank Statements (typically for the last 3 to 6 months)
Proof of Funds (evidence of sufficient financial backing)
Merchant Account Agreement (terms of payment processing)
Chargeback Ratio Report (used to assess your risk profile)

Website & Technical Requirements

Fully functional gaming website with:
- Terms & Conditions
- Privacy Policy
- Responsible Gaming Policy
PCI DSS Compliance (secure handling of payment data)

How to Set Up Payment Solutions with MGL

We make the payment integration process easy, guiding you every step of the way.

Step 1: Initial Consultation

We begin with a discovery session to understand your goals, business model, transaction volume, and target markets.
Timeline: 1–3 business days.

Step 2: Tailored Solution Selection

Based on your needs, we recommend suitable payment providers or aggregators. For example, if you opt for a Cashier Service, you can integrate multiple payment methods through a single gateway — streamlining your operations. Alternatively, we can help set up direct connections with specific providers of your choice.

Timeline: 2–10 business days, depending on the solution and complexity.

Step 3: Integration & Onboarding Support

Once the provider is selected, we coordinate your onboarding with them. This involves sharing the necessary documentation, completing compliance checks, and finalizing account setup.

We remain involved throughout the process to ensure a smooth experience.
Estimated timeframe: 2–12 weeks, depending on provider and jurisdiction.

Confused? Let’s Clear It Up!

Ask your questions, get expert answers, and gain clarity—all in one place!

Banks We Work With

At MGL, we partner primarily with reliable European financial institutions based in Lithuania, Spain, and the Czech Republic. These banks and Electronic Money Institutions (EMIs) have been thoroughly vetted and are currently used by many of our clients — consistently providing stable, uninterrupted service.

Why EMIs Over Traditional Banks?

In the iGaming industry, high-risk categorization often makes it difficult to work with traditional banks. That’s why we focus on EMIs — regulated financial institutions that are more flexible and open to gaming-related businesses. EMIs offer the same essential banking functions, including IBANs, SEPA/SWIFT transfers, and online account management, without the red tape of traditional banks.

Our Policy on Offshore Banks

We do not work with offshore banks, and we typically advise our clients against them. Offshore accounts often face restrictions when interacting with European banking systems, as many EU-based banks refuse to accept payments from these jurisdictions due to concerns around transparency and compliance.

Offshore Entity? Here’s a Smart Workaround

If your company is registered offshore — in jurisdictions like Belize or Curaçao — but you need access to EU-based banking services, we offer a compliant solution.

We help you establish a payment agent company in Cyprus, which serves as your operational gateway to the EU banking system. Here’s how it works:

The Cyprus company issues a management fee (typically 3% of your total income).
Cyprus taxes that fee at 12.5%, resulting in an effective tax of only 0.375%.
The remainder of the revenue is transferred to your offshore entity.

This structure not only simplifies banking and regulatory procedures but also provides operational separation:

The Cyprus entity manages your payments and interacts with EU banks.
The offshore entity holds the gaming license and receives the remaining funds.

This approach ensures compliance, enhances transparency, and creates a clean, efficient structure that regulators and payment providers are more comfortable working with.

Insider Access Now!

Stay updated with the latest gaming industry news, licensing insights, and expert advice. Connect with professionals and grow your business!

Challenges with Bank Accounts for Online Casinos

Opening a bank account for an online casino or iGaming business is rarely straightforward. As a high-risk industry, iGaming operators face unique banking challenges that require careful planning and reliable support. At Anjouan Gambling, we understand these obstacles and help our clients navigate them with confidence.

1. Finding the Right Banking Partner

One of the biggest challenges is identifying a bank that’s not only open to working with gambling businesses but also remains committed long-term. Some banks accept iGaming clients initially and later change their internal policies without notice. This lack of consistency creates unnecessary risk and uncertainty for operators.

2. Ensuring Stability and Continuity

Getting an account approved is just the start. Ensuring the bank is stable and reliable is crucial. We’ve seen situations where accounts were:

Frozen without warning
Funds held during unannounced reviews
Services abruptly terminated
International transfers delayed due to SWIFT issues

These disruptions can severely impact your cash flow and operational stability — especially when you rely on fast, global transactions.

3. Dealing with Stringent Compliance Procedures

Banks working with high-risk sectors typically require comprehensive documentation to comply with regulations. This often includes:

Transaction histories and invoices
Proof of incoming and outgoing payments
Justification for fund flows
Identification of beneficiaries and business relationships

Even relatively small transactions can be flagged if they appear unusual, leading to delays or account reviews. In some cases, banks may freeze the account until the necessary checks are completed.

Our Recommendation: Diversify and Prepare

At Anjouan Gambling, we recommend maintaining 2 to 3 banking or EMI accounts. This layered setup helps protect your operations if one account becomes temporarily unavailable, ensuring continuity in transactions and customer service.

By working with us, you gain access to a network of reliable financial partners, expert guidance through compliance requirements, and strategies tailored to the unique demands of the iGaming sector.

WHY Anjouan Gambling

Top 5 Reasons We’re the Right Partner for You

Efficiency

1 Form to get started
30 minutes of your time to begin
1–3 days for company setup
6–7 weeks to complete licensing

Real-Time Communication

Average 1-hour response time
Connect anytime via WhatsApp, Telegram, Skype, or Email

Transparency

Upfront Pricing — no hidden fees
Detailed Cost Breakdown for full clarity

Industry Expertise

Team of seasoned experts with decades of combined iGaming experience
Insightful strategies beyond just paperwork

Problem Solvers

Led by an ex-McKinsey consultant
9 out of 10 client challenges resolved through a consulting-first approach
Ongoing support for long-term success

Tailored Solutions

No cookie-cutter approach — we tailor each licensing and setup plan to fit your unique goals, operations, and jurisdiction requirements.

FAQ

We'll answer any questions you have

Everything you need to know about Our company. Can’t find the answer you’re looking for? Please chat to our team.

What payment methods can be linked to an iGaming company’s bank account?

Payment methods that can be linked to an iGaming company’s bank account include cards, e-wallets, vouchers, bank transfers, and mobile payments, accessible through a single integration via Cashier Service or direct connections to individual providers.

Do you offer multi-currency bank accounts for gambling businesses?

Yes, we offer multi-currency accounts for gambling businesses. USD and EUR are the main currencies — others depend on the bank and availability.

How long does it take to set up a bank account for an iGaming company?

The whole process usually takes from 3 to 7 weeks, depending on the bank and how prepared you are.

Are bank accounts for gambling companies available internationally?

Gambling companies can open bank accounts internationally, but the choices are limited. Strict regulations and compliance demands make many banks hesitant to work with the industry.

Which currencies are available for iGaming company bank accounts?

Common currencies available for iGaming company bank accounts include EUR and USD, depending on the bank and jurisdiction.

What compliance requirements exist when opening a bank account for a gambling company?

Banks will typically ask for a valid gambling license, clear AML and KYC policies, a responsible gambling policy, and will require you to undergo enhanced due diligence (EDD).

Can an iGaming company open a business bank account online?

Yes, technically speaking, an iGaming company can apply for a business bank account online, but there aren’t many options. Many banks still require in-depth compliance checks, and in most cases, you’ll need to go through extra verification or speak with someone directly.

Is it difficult to obtain a bank account for a gambling business?

Getting a bank account for a gambling business isn’t easy. The industry is considered high-risk, so banks apply extra attention, tighter compliance checks, and more paperwork than usual.

What documents are required to set up a bank account for an iGaming company?

To open a bank account for an iGaming business, you’ll need to provide a mix of company and personal documents. On the company side, that usually includes the Certificate of Incorporation, Articles of Association, a valid gaming license, and a UBO declaration. Some banks might also want to see audited financials, recent bank statements, a business plan, internal compliance docs, AML/KYC procedures, a responsible gambling policy, and your tax ID.

For the people behind the company—directors, shareholders, or owners—you’ll generally need to provide a passport, proof of address, and a CV. Some banks may also ask for reference letters or background checks, depending on the case.

How can I open a bank account for a gambling company?

Start by finding a bank that works with gambling or other high-risk businesses. They’ll want to understand your setup, so have your documents ready. Once you apply, expect some back and forth while they review your company, licensing, and compliance practices. When that’s done, your account can be activated. We, at MGL, can assist you and speed things up.

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