Navigating Bank Account Opening for iGaming Entities
The cornerstone of iGaming business operations is the efficient management of funds. This involves not only collecting monies from players through Payment Service Providers (PSPs) but also handling operational expenses and other financial transactions.
The journey to open bank accounts, a mandatory step for iGaming entities, is fraught with challenges. Mainstream financial institutions, wary of risks, often shy away from associating with iGaming ventures. This reluctance stems from a combination of their risk management policies and a lack of insight into the iGaming sector’s potential.
Plex Gaming steps in to bridge this gap. Our expertise and network enable us to guide iGaming businesses through the labyrinth of bank selection and account opening, ensuring a smooth and efficient process.
Services
Plex Gaming is adept at facilitating the opening of accounts across a spectrum of financial entities, including:
- Banking institutions
- Electronic Money Institutions (EMIs)
- Payment Institutions (PIs)
- Crypto Providers
- Payment Service Providers (PSPs)
- Card Providers
- Processing companies