The iGaming industry is fast-paced, heavily regulated, and often underserved by traditional banking. Operators dealing in sports betting, online poker, lottery, and casino games face significant challenges in maintaining reliable, compliant payment operations—especially when handling high volumes of player deposits, withdrawals, and partner payouts.
A leading iGaming operator partnered with Monetum to overcome persistent roadblocks in banking access, transaction speed, and crypto integration. Here’s how they streamlined operations and enhanced user satisfaction through a purpose-built payment infrastructure.
The Challenge: High Risk, Low Access
Despite strong growth and solid compliance practices, the iGaming company faced repeated banking issues:
- Denied or frozen bank accounts, due to its classification as a “high-risk” sector.
- Slow SEPA payouts to players, damaging brand reputation and trust.
- Lack of crypto options, limiting deposit methods for international users.
- Cumbersome onboarding and KYC processes for new financial providers.
These obstacles not only stalled operations but also put customer relationships at risk.
The Monetum Solution: Inclusive, Instant, Integrated
Monetum offered a comprehensive solution tailored to the unique needs of iGaming businesses:
- Dedicated EUR IBANs to receive and send SEPA payments instantly, with no delays or banking bias.
- Batch payment tools, automating large-scale withdrawals, affiliate rewards, and vendor payments.
- Crypto wallet integration, supporting deposits and withdrawals in USDT, BTC, and ETH with real-time EUR conversion.
- Fast and open-minded onboarding, with support from a dedicated account manager who understands the sector.
- Open Banking payment options, offering cardless, direct-from-bank alternatives for European customers.
All of this was managed via a single, secure dashboard—with API access for full back-end integration.
The Impact: Trust, Speed, and Profitability
- 85% faster player payouts, improving retention and trust.
- Over €150K in annual savings through lower transaction and FX fees.
- Expanded deposit options, attracting new users who prefer crypto.
- Operational clarity, with transaction data centralized and accessible in real time.
By removing the usual banking friction, Monetum helped the platform scale quickly and meet strict compliance demands, without sacrificing user experience.
Why It Matters
The global iGaming market is projected to reach €130 billion by 2027, yet many businesses struggle with basic banking access. Monetum offers a lifeline: a compliant, flexible, and inclusive financial platform designed for industries that don’t fit the traditional mold.
If your iGaming business is ready to break free from payment limitations, Monetum can help. From SEPA to crypto, batch payouts to Open Banking—we offer fast, compliant solutions tailored for growth.
