FAQs

Security is paramount, especially when you are building a trusted prediction market brand. So too is the speed of payment transactions, and the reliability of these services. Price and offerings are key of course too, such as API integrations and compliance.

Prediction markets should allow for a range of payment options for customers. Whether that is via traditional debit cards, ACH transfers or via SEPA. Prediction markets fall under the definition of gambling in certain jurisdictions, such as the UK. So credit card payments are prohibited as a form of payment, and identity verification is essential.

Payment solutions for prediction markets range from actual payment service providers (PSPs), to payment gateways, and payment settlement systems. They are digital services that allow for prediction market services to securely and quickly process payments made by credit, debit cards, e-wallets, e.t.c.

Yes, with Xace you are able to add additional users to your business accounts with specified roles as per your business needs.

Yes, Xace provides business accounts for various industries, including but not limited to Igaming, Casino, Marketing, and Affiliates. Xace business accounts cater to corporations, sole traders, freelancers, and self-employed individuals.

With Xace you can send payments via UK Faster Payments, CHAPS or SEPA.

Xace has offices located in both the United Kingdom and Malta.

Visit any of our Apply links and you will be directed to our onboarding section. From here you can fill in the relevant details we need to assess your application.

Each application is designated to a Onboarding Manager who will review the application and keep you fully informed of the progress. The Onboarding Manager will contact you if they need further information.

Yes, Xace's web application is fully responsive and optimised for mobile devices.

Yes, Xace statements can downloaded via csv file (excel) and pdf.

Unfortunately, Xace cannot accept cheques at this time.

Yes, Xace offer a multi-account function. This is particularly useful for businesses with multiple divisions, or for individuals looking to manage their finances. Currently you can open multiple payment accounts in GBP and/or EUR.

Almost all applications are reviewed within 1 business day for initial acceptability to Xace. After this, a full document request is provided, and the review phase can take around 1 week. Even in cases where the application is complex, your Onboarding Manager will keep you fully informed of the progress.