iGaming Payment SolutionsOpen Banking for iGaming
Open Banking is the fastest-growing payment method in iGaming. In the Nordics it handles 50% of deposits. In the UK it's growing 40% year-over-year. The SEPA Instant mandate (October 2025) is accelerating adoption across the EU. For operators: cheaper than cards, zero chargebacks, higher approval rates, instant payouts.
Two providers dominate: Trustly (12,000+ banks, 30+ markets, the Pay N Play architecture and Azura data engine) and Brite (3,800+ banks, 20+ markets, challenger pricing). Every page about Open Banking in iGaming is written by one of them. This is the independent comparison.
- 50%
- Nordic deposit share
- 0.5‑2%
- Transaction cost
- 0
- Chargebacks
- <6 sec
- Deposit speed
Trustly
Regulated-onlyTrustly is a Stockholm open banking PSP that takes deposits from players' bank accounts and pays winnings back to them across Europe and North America, at 0-1% per deposit with no rolling reserve and T+1 settlement. It fits mid-market and enterprise casinos and sportsbooks under an MGA, UKGC, Swedish, German, Dutch or US state license that move at least $300k a month, the contract floor, and can commit to a fixed 12-month term. Pay N Play, a single bank login that registers the player and takes the first deposit, runs in five markets. Payouts land in the player's account in under 6 seconds. Trustly carries one method, the bank payment, so an operator still needs a card processor and a wallet beside it, and it takes no crypto. The revenue base now leans on the Americas, which brought in 61% of group revenue in the second quarter of 2026 and grew 24% while Europe fell 9%. Trustly, Inc. became a co-defendant on August 19, 2026, in a Florida Attorney General suit that calls VGW's sweepstakes casinos illegal gambling. Being named in a gambling-legality case clashes with Trustly's rule of boarding only licensed operators.
Brite
iGaming-friendlyBrite runs instant account-to-account deposits and payouts for licensed gambling operators in 27 European markets, with no rolling reserve and no setup or monthly fee. It fits a casino or sportsbook licensed in Malta, the UK, Germany or Sweden that moves at least $200k a month through bank payments. Players get their winnings in under 10 seconds, the operator's money settles on T+0 to T+1, and the contract runs 6 months where Trustly asks for 12. Brite Play turns the first deposit into a bank-verified sign-up, which is Brite's Pay N Play. Brite takes no player outside Europe, and because it carries no cards, wallets or crypto, an operator whose players also pay those ways needs a second processor beside it.
Why Open Banking Is Beating Cards
| Metric | Cards | Open Banking | Advantage |
|---|---|---|---|
| Operator cost | 3-7% | 0.5-2% | Save 2-5% per tx |
| Chargeback risk | 2-4% ratio | 0% (irrevocable) | Eliminates chargebacks |
| Decline rate | 20-40% | 5-8% | 2-5x more deposits |
| Deposit speed | Instant (auth) | Instant (actual transfer) | Tie |
| Payout speed | 1-5 days or $1-3 push | Instant-1 hour | Dramatically faster |
| Settlement | T+2-7 | T+0-1 | Faster cash flow |
| Compliance data | Limited | Rich (income, spending) | Enables affordability checks |
| Regulatory trend | Credit bans expanding | Mandated (PSD2, SEPA) | OB is the direction |
Before: Card-Heavy ($1M/mo)
70% cards, 30% e-wallets
Cards: $700K × 5% = $35,000
E-wallets: $300K × 2% = $6,000
Chargeback losses: ~$7,000
Total: $48,000/mo
After: OB-Optimized ($1M/mo)
40% cards, 30% OB, 30% e-wallets
Cards: $400K × 5% = $20,000
Open Banking: $300K × 1% = $3,000
E-wallets: $300K × 2% = $6,000
OB chargebacks: $0
Total: $29,000/mo
Savings: $19,000/mo = $228,000/year
Why Cards Still Matter
Optimal: OB as primary for EU/UK, cards as secondary + global coverage.
Trustly vs Brite: Head-to-Head
| Trustly | Brite | |
|---|---|---|
| Founded | 2008 | 2019 |
| Markets | 30+ European | 27 European |
| Bank Connections | 12,000+ | 3,800+ |
| Users Processed | 120M+ | Growing |
| Deposit Speed | Instant | Instant |
| Payout Speed | Instant (most markets) | Instant (most markets) |
| Data Engine | Azura. 1.2B data points | Standard OB data |
| Pay N Play | ✓ Pioneer | ⚠ Supports similar |
| Affordability (UK) | ✓ Income/spending data | ✓ Available |
| API Quality | Mature, documented | Modern, lean |
| Integration | 2-4 weeks | 1-3 weeks |
| Pricing | Premium | Competitive |
| Clients | Betsson, Kindred, LeoVegas | Growing (newer operators) |
| Score |
Trustly
FILimitedBest for: Medium-to-large EU operators, Nordics-focused, UK affordability needs
Brite
FIStrongBest for: Smaller/newer operators, cost-sensitive, fast integration
Choosing between Trustly and Brite comes down to two questions. First: do you need Pay N Play (deposit + register in one step)? If yes, Trustly is the only real option. They invented it, they have the deepest integration, and it delivers measurable conversion uplift in Nordics. Second: is budget a constraint? Brite undercuts Trustly on pricing because they're in market-capture mode. For a mid-size operator launching in Nordics, that pricing difference compounds. The smart move for larger operators: use both. Trustly for Nordics (Pay N Play, deepest bank coverage), Brite for expanding EU markets (competitive rates, modern API). If one has downtime, the other catches deposits. Dual-provider only makes sense above $500K/month in OB volume.
Market Coverage: Where OB Works
SEPA Instant mandate (2025) will push OB from 10-20% to 30-50% across most EU markets in 2-3 years. If you're not on OB by end 2026 in EU, you're leaving money on the table.
| Market | OB Adoption | Bank Coverage | Payout Speed | Status |
|---|---|---|---|---|
| Sweden | 50%+ | Excellent | Instant | Mature |
| Finland | 40-50% | Excellent | Instant | Mature |
| Norway | 35-45% | Excellent | Instant | Mature |
| Denmark | 30-40% | Good | Instant-1hr | Mature |
| UK | 15-20% | Excellent | Instant-min | Growing fast |
| Germany | 15-20% | Good | 1-24hr | Growing |
| Netherlands | 10-15% | Good | 1-24hr | Emerging |
| Poland | 10-15% | Good | 1-24hr | Growing |
| Baltics | 15-25% | Good | Instant-1hr | Growing |
| Spain/Italy | 5-10% | Medium | 1-24hr | Early |
| Brazil | N/A | N/A | N/A | Betting banned |
| US | <3% | Limited | 1-3 days | Very early |
| Asia/Africa | <2% | Minimal | N/A | Not viable |
OB as a Compliance Tool
UK Affordability
UKGC light-touch financial vulnerability checks trigger at £150 net deposits in a rolling 30-day window (in force since February 2025). With OB: player consents → bank data pulled in seconds → automated assessment → instant decision. Without OB: manual document request → payslips → 24-48h delay.
Zero Chargebacks
Shift 30% from cards to OB → chargeback ratio drops 25-35%. Example: 0.9% ratio (danger zone) → 0.63% (safe). No fraud tool purchase needed for that portion.
KYC Enhancement
OB payment = bank-verified identity. Player logged into bank = confirmed identity holder. Some providers pass verified name, address, DOB. Strong first KYC layer.
Other Open Banking Providers
Trustly and Brite cover 90% of EU/UK use cases. These are the niche and regional alternatives, including Canada and the US, where pay-by-bank grew up outside PSD2. Scores come from the capability model behind every provider review, so a 5.4 here means the same thing it does on a provider page.
| Provider | Score | Focus | Markets | iGaming | Notable |
|---|---|---|---|---|---|
 Volt | A2A infrastructure | EU, UK, Australia | Partial | One API over nine real-time rails, plus VX2 stablecoin settlement | |
 TrueLayer | OB infrastructure | UK, EU, Nordics | Partial | bet365 made its Pay by Bank the recommended deposit method; bought Zimpler (closed March 2026) to take the Nordics | |
 Zimpler | OB + Pay N Play | Nordics, EU | Yes | Zimpler GO is the main Pay N Play alternative to Trustly, and the brand continues in iGaming after the TrueLayer acquisition | |
 Yaspa | Pay by bank + AI verification | UK, US entry | Yes | 20% deposit share within 3 months at some UK operators; affordability check in under 10 seconds; entering the US with Guaranteed ACH | |
 Noda | OB gateway | EU | Partial | Caution: UK entity (NaudaPay) in FCA wind-down, C-suite departures in late 2025, and the EU counterparty holds no payment license. Diligence hard before routing volume | |
 Aeropay | Pay by bank | US | Yes. US focus | Aerosync links 12,000+ US banks; instant RTP/FedNow payouts; gaming is ~80% of its revenue | |
 Payper | Interac / A2A | Canada | Yes | Weekend processing, sub-30-minute payouts | |
 Paramount Commerce | Pay by bank | Canada | Yes | Launched INSTADEBIT in 2004; one contract covers Interac, bank transfer, INSTADEBIT and iDebit; AGCO/AGLC-ready |
One thing the provider marketing never says out loud: you don't need a direct Trustly contract to offer Trustly. The rail is resold through Nuvei, Worldpay, emerchantpay and PXP, and orchestrators like IXOPAY and Praxis Tech route it as one method among many. For a smaller operator that won't clear Trustly's direct-deal size bar, that's the realistic way in. The trade-off is an extra margin layer and no Pay N Play.
The Banking Layer: Operator Accounts, Not Player Deposits
Two more catalog providers carry the open-banking tag but sit on the operator side of the flow: accounts and treasury, not the cashier. They complete the category picture. Weigh them against banking options, not against Trustly.
Xace
Gaming-focused business banking · UK, Malta, Canada
Genome
EMI with merchant pay-by-bank · EU (Lithuania)
How to Add Open Banking
Integration Timeline (4-8 weeks)
Choose provider
1-2 weeksEvaluate based on market coverage, pricing, features
Contract + onboarding
1-2 weeksKYC on your company, compliance review
Deposit integration
1-2 weeksRedirect flow → bank login → confirmation → webhook
Payout integration
1 weekInitiate payout → confirmation → webhook
Testing
3-5 daysReal bank accounts in sandbox/production
Cashier UX
1 week"Pay by Bank" placement, bank logos, mobile optimization
Go live
Same daySoft launch → monitor → full rollout
Cashier UX Best Practices
Open Banking News for iGaming
All 8 updates- Market rules
Brazil bans sports betting and online casino, closing its payment rails to bets
Brazil banned sports betting and online casino on September 25, 2026, under Provisional Measure 1.394, which covers offshore and licensed operators alike and bars new deposits to licensed operators from that day. Their sites and apps go offline on October 6, the banks and payment institutions holding their accounts refund bettors by October 14, and all 85 federal authorizations end on October 25 with none of the R$30 million authorization fees returned. Every bank, payment institution and payment scheme in Brazil, Pix included, may now process betting transactions only to close an operator's book and pay bettors back, so no Brazilian payment rail may carry a betting deposit.
Presidência da República, Medida Provisória 1.394 · Congresso Nacional, MPV 1394/2026 · Agência Brasil
- Licensing
The Noda brand no longer sits under a licensed payment institution
The counterparty for EU services is NODA HOLDING LIMITED, company number HE 428729 in Nicosia, a software technologies company that holds no payment license or PSD2 authorization. On the UK side NaudaPay Limited, FCA firm reference 832969, is in an orderly wind-down and no longer accepts or facilitates any new payment transactions or funds, including through payment initiation.
- Licensing
Brite holds a second license in its own name, an FCA electronic money authorization
The FCA register returns Brite Payments Limited against firm reference number 1033237, an authorized Electronic Money Institution. Until now the only license in Brite's own name was the Swedish PSD2 authorization.
FAQ
Direct bank-to-bank payments for casino deposits and withdrawals. Players authenticate with their bank, funds transfer instantly. No card data, no e-wallet needed. Enabled by PSD2 regulation in the EU.
Cheaper (0.5-2% vs 3-7%), zero chargebacks (irrevocable transfers), higher approval rate (5-8% vs 20-40% declines), and instant payouts. Cards are still needed for non-EU markets and as fallback.
Trustly: market leader, 12,000+ banks, Azura data engine, Pay N Play, proven at scale. Premium pricing. Brite: challenger, competitive pricing, modern API, fast integration. Smaller network (3,800 banks). Large operators or Nordics-focus: Trustly. Cost-sensitive or newer operators: Brite.
Yes, but under different names and without PSD2. In the US, pay-by-bank runs on bank linking instead of mandated APIs: Trustly Americas, Aeropay (instant RTP/FedNow payouts) and Yaspa's Guaranteed ACH all serve regulated operators. Canada built its own A2A world around Interac e-Transfer: Payper, Paramount Commerce, Gigadat. Brazil's Pix worked as a de facto open-banking rail for operators until September 25, 2026, when the country banned sports betting and online casino and closed every payment rail to betting, Pix included. Asia and Africa: not viable yet.
Yes: core advantage. With player consent, OB data provides income and spending patterns. Automated light-touch affordability assessment instead of manual document checks. Trustly's Azura engine and Yaspa offer this specifically.
Not globally. In Nordics it already has (50%+ OB). In the rest of the EU it will reach 30-50% with SEPA Instant. Globally, cards are still necessary for non-EU markets. OB reduces card dependency but doesn't eliminate it.
4-8 weeks total: 1-2 weeks evaluation and contract, 2-3 weeks integration, 1 week testing. Faster than adding a new PSP (6-14 weeks).
A Trustly innovation: the player deposits and registers simultaneously via bank login. The bank provides verified identity, enabling auto-registration and instant play. No forms, no waiting. Massive conversion uplift. Primarily in Nordics, expanding across the EU.
Compare Open Banking Providers
Read the full Trustly and Brite reviews with scoring across 5 criteria.