Worldpay Gambling
- Start taking payments online using Worldpay's fast and secure online payment gateway. Choose from a simple pay page, an integrated pay page or a virtual terminal service.
- WorldPay is particularly popular in the Philippines, as it can be used for much more than just online gambling. This shows the big value this service has around the world. As one of the world’s top payment options, WorldPay has already helped countless players get the most out of their online gambling.
- The partnership will enable seamless transactions, reduce operating costs and allow universal payment acceptance, leveraging Worldpay's deep sector expertise and optimized credit card processing.
An overview of the payment remittance services that Worldpay AP provides.
Worldpay’s clients include online gambling companies, state lotteries and land-based casinos. The merger values Worldpay at about $43bn, including debt, which FIS said that it expects to refinance.
SEPA payments
SEPA (Single Euro Payment Area) is a European regulatory initiative to create a standard format for processing Euro transactions across 47 markets in Europe. Our SEPA section explains the recipient bank details that we must capture to execute Euro (EUR) payments to SEPA countries and territories.
Domestic payments
In countries where we have an active bank partner and operating account, payments can be made directly into the local clearing system.
This has a number of advantages in terms of costs and efficiencies but requires that the payment request contains the recipient bank account details in a format consistent with the demands of the local bank clearing policies. The domestic payments section:
Defines the required recipient bank account details
Identifies the API fields that should be used when submitting payment instructions to the Worldpay AP interface
International payments
For countries where we do not have an active bank partnership, we facilitate a worldwide payment remittance service by utilising the international payment capabilities provided by our bank partners.
The international payments section also describes the recipient bank information required for payments that must be routed by this international capability.
Risk and compliance considerations
General limit guidelines
We operate some general limit guidelines. There is a third party pay-out limit of EUR 50, 000 or currency equivalent per transaction / per individual-legal entity. It is possible for us to process larger values but we may require:
Additional due diligence
Information on source and application of funds
Gambling restrictions
We do not support any gambling or gambling-related transactions to or from restricted countries (listed below) due to the current regulatory and legal environment.
For more information and advice, contact your Relationship Manager or email helpdesk@fisglobal.com.
The following countries are restricted for gambling payouts:
- Argentina
- Brazil
- China
- Croatia
- Egypt
- Hong Kong
India
Indonesia
Israel
Malaysia
Mexico
Morocco
Philippines
Singapore
Switzerland
Thailand
Turkey
United States (Subject to review and approval)
Vietnam
Country Risk Policy
Worldpay Gambling Winnings
We do not make international payments to the countries specified in our Country Risk Policy either because:
Worldpay Gaming Solutions
We do not have the ability to do so (our bank partners do not have the appropriate reach)
The country is on a restricted list
We have tried to make our Country Risk Policy as comprehensive as possible. However, you should check with us if you would like to make payments to one of the emerging market countries.
Marina
Administrator
Following the removal of the ban for offering sports betting and online gambling services in several states, the demand for safe, fast and trustworthy payment methods has increased. These two global payment providers have decided to provide the online gambling world precisely that: a payment option they can trust in.
The US iGaming is in a phase of significant growth following the US Supreme Court’s decision to authorise sports gambling earlier this year, making the potential market opportunity for these two giant companies massive. Based on the American Gaming Association's report, the US sports betting market is forecast to be $150 billion in gross offline and online gaming revenue. In fact, it could become the largest, most powerful betting market in the world, so Worldpay and Paysafe’s partnership will be exclusively focused on the US Sports Betting and iGaming market. Their competitive operations in other territories and industries will not be impacted or changed in any way.
What Will This Payment Option Offer?
Considering both party’s aim to boost payment choice range of players, which will ultimately lead to better retention and conversion, the US crafted solution is expected to deliver smooth and uninterrupted connectivity, all via a single integration point, extensive-ranging payment options and services such as digital wallets, ACH, credit card processing solutions and almost instant push-to-card and cash payments.
It is widely known that the Paysafe Group is already well-established in the online gambling industry, with over 20 years of experience, as it provides online gambling digital payment, which is something really useful for the online casino players. Its Neteller eWallet and Paysafecard online cash payment options are being used more than any other payment option in the last decade. They provide fast and secure transactions, and this is something every online casino player needs.
On the other hand, Worldpay’s fast-fund payouts, optimised credit card processing and a range of payment solutions and treasury will allow seamless transactions, will reduce the operating cost and will allow universal payment acceptance.
The Statement Issued by Paysafe Group’s CEO
The CEO of Paysafe Group, the group that offers players Neteller, Skrill, Paysafe: cash, Golo and Paysafecard, commented that with this partnership Paysafe and Worldpay will be able to satisfy the needs and demands of players and iGaming operators in the US, providing them with a cost-effective, secure and highly configurable payments platform. This platform will deliver an unrivalled online gaming experience for the player.
Expressing his excitement for once again getting behind a growing sector, Paysafe’s CEO Joel Leonoff explains that this partnership will make transactions of any type possible, since their innovative approach will support all transactions, no matter how much the player is comfortable to pay in order to play.
Paysafe connects consumers and businesses across 200 payment types in more than 40 currencies and countries around the world. Via its integrated platform, Paysafe offers mobile-initiated transactions and the convergence between land-based and online casino payments. Its core aim is to enable seamless transactions through industry’s leading online cash, digital wallet, payment processing and card issuing solutions.
Worldpay’s Statement
Worldpay completed the combination with Vantiv to form Worldpay, Inc. on January 16, 2018. With this move, the company became even stronger and globally-recognized, and Worldpay, PayPal, Square and Globalpayme payment options’ reputation grew even more.
Shane Happach, the Head of Global Enterprise eCommerce for Worldpay commented on the partnership with Paysafe, saying that as a leading payment method provider for iGaming companies, land-based casinos and state lotteries, Worldpay is extremely excited about the enhancements the partnership will bring for maximising payment acceptance, minimizing fraud risk, enabling new digital wallets and lowering the cost of the services for the iGaming industry.
He added that Worldpay and Paysafe’s combined capabilities and strengths will simplify gaming operators’ payments, while also continuing to show their focus on responsible gaming and their mission to protect and secure the integrity of every transaction.
Worldpay powers global Omni-commerce and with its integrated technology platform, it offers a rich suite of services and products through a single provider.