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How to choose the best open banking provider for iGaming operators

5 reasons to rethink your igaming payments strategy — new research from YouGov

iGaming operators: why open banking is part of our strategy

Instant deposits and withdrawals with Pay by bank that your players will love.
TrueLayer enables your players to deposit and withdraw winnings in seconds
Removing complexity while keeping the adrenaline and excitement
iGaming in Europe is an ever evolving €42b+ market. Stay ahead of the game with an open banking partner that’s trusted by top brands to build best-in-class products and seamless player experiences.
Players won’t settle for a clunky experience. Cards take upwards of three to five days to settle in a player’s bank. Not great when 55% of players are very happy to switch to platforms that provide instant withdrawals. With Pay by bank, your players use their bank app to deposit and withdraw quickly and easily. No more friction, no more plastic — just the instant experience users want.
Processing card payments is expensive and settlement can take days. Move more of your players’ payments to Pay by bank and have more money in the bank to reinvest into your product and operations from savings generated from eliminating card fees and streamlining your payment systems.
Build resiliency with an alternative payment for your deposits and withdrawals to better adapt to environmental crisis such as card payments going down. Providing Pay by bank is also a way to recover sales at checkout when other payment options fail.
Fraud especially from card use, multi-accounting and poor compliance to regulation can be very expensive for iGaming operators. Protect your business and your players by leveraging bank grade security that people trust with Pay by bank. Your players approve payments through their bank app and there’s no need to hold onto sensitive card data.
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