Gambling Banking Alternative

Xace™ provides payment accounts & IBANs to gaming and gambling businesses industry wide. Multiple currencies, multiple banking rails and multiple gambling business accepted.

Manage 20 Global Currencies from Gambling Sources with a Xace Business Account

We realise that opening a gaming payment account for an online casino, betting site, or business associated with gambling can be difficult. Additionally, on occasions businesses who successfully open an account can face problems with keeping their account open as risk appetite changes.

Xace was setup to be a gaming and gambling friendly banking alternative – removing barriers that currently exist in the gaming industry.

Xace’s compliance team review a wide range of casino & sportsbook related businesses daily. We understand the complexities involved and ask specific, tailored questions to assist with on boarding. We pride ourselves on a professional and prompt on boarding process.

We answer your most complex gaming questions in our gaming FAQ with some account specific FAQs below.

Xace provide gambling payment accounts in the customer’s name.
Multiple Global Currencies
20+ more
Multiple Banking Rails

Why Xace gambling accounts?

UK based, a worldwide presence, Xace brings a new world of account options.
  • Global icon orange
    Gambling Friendly to Licenced / Regulated Casinos
  • Indepth industry knowledge
  • Personalised support
  • Seamless Onboarding
  • SEPA, Swift, Target2, UKFP and more
  • Virtual Debit Cards* (for online purchases)

Xace accepts payments from major gaming payment processors

Receiving funds from gambling payment processors into your payment account is currently a headache for many online iGaming providers and White label casinos. Your Xace payment account will enable these transactions from industry payment gateways.

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Gaming friendly payment accounts, without barriers to managing your finances

Personal Account
Most Recent
Shops ltd
Business Account
Most Recent
Biz Dev Ltd
IT Service

Why Xace gambling accounts?

Instant switching between separate accounts to keep your business or current account organised
Manage unlimited accounts
Push notifications
Spending alerts
Manage unlimited accounts
Push notifications
Spending alerts

Send & receive payments, recurring payments & batch payments

  • Receive gaming related payouts

  • Download pre-configured transactions & statements

  • Select & pay chosen beneficiaries

Current Account
Select Beneficiary
Step 1
Michael scott
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Michael Scott
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Michael Scott
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Michael Scott
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Your payment
Step 4
Michael Scott
45### 5673
Confirm Payment
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Gaming Payment Accounts

Obtaining payment solutions for gambling sites has never been easier. We process countless payment transactions relating to gambling on a daily basis. We can also issue a virtual debit card, making online payments seamless.

Business Payment Accounts

Xace staff have many years’ experience across the gambling industry covering online casinos, betting sites, sports books, poker, gaming software developers and payment gateways. We are happy to accept applications from a wide range of businesses in the gaming sector requiring banking alternatives.

Account & Transaction Fees

Our fee structure depends on the volume and number of transactions processed through the account. Once an initial onboarding process has been completed, an onboarding manager will confirm the exact fee schedule.

Monthly Fee
Gaming Payment Account
£POA joining fee & £250 a month per account
Business Payment Account
£POA joining fee & £250 a month per account
Transaction Fees
Gaming Account
From 0.2%
Business Account
From 0.125%

Am I eligible for a gambling account?

Xace are gambling friendly - we accept only licenced online gaming websites, casinos and gaming site players with suitable AML & KYC compliance in place. If you wish to discuss your specific eligibility, please apply.

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Payment Accounts

Esports Payments

Online Payments

Gambling Accounts

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iGaming Conferences

SBC Digital Payments (online)
CasinoBeats Slots Festival (online)
Prague Gaming Summit (online)
EGR Portugal Virtual Briefing 2021 (online)
iGaming NEXT: Bright Future (online)

Esports Events

MLT Racing League
SiGMA Europe
European Esports Gaming
Malta National League Season 3
Red Bull Strijders Rocket League

Gaming payment account FAQs

Does Xace accept Cash/Cheque Payments?

Xace does not presently accept payments made via cheques or cash deposits.

Who should I contact if I have questions about my Xace application?

You can contact our Onboarding Team for any questions you may have about your Xace application. Once you have completed the onboarding process, you will be assigned a dedicated Account Manager who will be your main point of contact.

What is the process for applying for an account with Xace?

To apply for an account with Xace, you can submit an application online through our website at Our onboarding team will respond with the next steps within 24 hours of receiving your application.

What is the timeline for opening an account?

Upon submission of your application, Xace will conduct an initial assessment within 24 hours and request any required documents. If you provide all necessary information and documents promptly, a full review is usually completed within a week.

Is Xace Regulated?

Xace Limited is regulated by the Financial Conduct Authority, FRN 948213, under the Payment Services Regulations 2017 as an Authorised Payment Institution, providing payment accounts. *Xace Limited is an EMD Agent of Modulr FS Limited with FRN 902828 providing payment accounts and virtual debit cards.

What are Xace's business hours?

Xace's business hours are from Monday to Friday, 08:00 - 18:00 CET.

Does Xace provide virtual cards?

Xace offers virtual cards at no additional cost for clients located in the UK. Virtual cards for EU clients will be available in the near future. To learn more about virtual cards, please reach out to our Support team.

Do you offer segragated accounts?

Yes, in compliance with FCA regulations, all customer funds held by Xace are kept in segregated and safeguarded accounts with an authorized credit institution. These accounts are separate from Xace's operational funds and the funds of other Xace customers.

Do you offer player funds accounts?

Yes, Xace offers Player Funds Protection. If you would like more information about our Player Funds Protection, please reach out to our Support Team or your designated Account Manager.

Is Xace a bank?

Xace is not a bank and was not established as a traditional high street bank. Xace operates as a Payment Institution and serves as an EMD Agent of Modulr FS Ltd.

What payment methods are available on Xace?

UK Faster Payments, CHAPS, SEPA and SWIFT

What currencies does Xace offer?

Xace provides standard currency options such as EUR, GBP, CAD, USD. Other major currencies are available and can be issued based on account eligibility.

What are Xace account transaction limits?

Xace can provide payment accounts tailored to your business. During onboarding we will ensure the account works for your business needs.

Can I use a Virtual Debit Card with my gambling account?

Yes, Xace Virtual Debit Cards are available for gambling and gaming payment accounts, both GBP and EUR.

Can I send funds from a payment processor into my Xace account?

Yes, one of the key features of a Xace account is we are happy to accept gambling related payments from payment processors, such as the ones processing Visa, Mastercard, Amex and other debit and credit cards.

My casino has a subsidiary company that processes payments, can I onboard this company?

Yes, Xace are able to review applications from subsidiary companies (paying agents) if they are located in the EEA.

About us

Our entire platform has been built to give our customers a wide range of payment options, across a wide range of sectors.
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Have a question?

We have a dedicated FAQ section, full resources section, and, if that doesn’t answer your question our support team are on hand to help.
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For questions relating to active accounts, please log in and access the messaging centre, available 24/7.

Join Xace and simplify the way you manage your money with a wide range of business payment solutions.

Need help? Contact Support