iGaming Payment Solutions
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 (Honest Take)
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 | 20+ European |
| Bank Connections | 12,000+ | 3,800+ |
| Users Processed | 112M+ | 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 | 7.2 | 6.6 |
Trustly
Top PickBest for: Medium-to-large EU operators, Nordics-focused, UK affordability needs
Brite
RecommendedBest 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 | <5% | Emerging | Instant (PIX) | PIX = de facto OB |
| US | <3% | Limited | 1-3 days | Very early |
| Asia/Africa | <2% | Minimal | N/A | Not viable |
OB as a Compliance Tool
UK Affordability
UKGC requires affordability checks at £125/mo net loss. 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 niche or regional alternatives.
| Provider | Focus | Markets | iGaming | Notable |
|---|---|---|---|---|
| Volt | A2A payments | EU, UK, Brazil | Partial | Brazil Open Banking: rare |
| Noda | OB gateway | EU, UK | Partial | UK-focused, competitive |
| TrueLayer | OB infrastructure | UK, EU | Partial | Strong UK, compliance tools |
| Yaspa | Pay by bank | UK | Yes | 20% deposit share within 3 months at some operators |
| Zimpler | OB + wallet hybrid | Nordics, EU | Yes | Popular in Sweden |
| Aeropay | Pay by bank | US | Yes. US focus | Only in-house A2A for US iGaming |
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
FAQ
Compare Open Banking Providers
Read the full Trustly and Brite reviews with scoring across 6 criteria.
Trustly Review
Brite Review