Worldpay Gambling

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  1. The Company offers card machines, card reader, online payments, integrated card payments, email, and other payments solution. Worldpay serves customers worldwide.
  2. 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.
Worldpay Gambling

To make card payouts on a Merchant ID set up for Gambling (MCC 7995) payments, you must have: a Merchant ID enabled to use the Credit Fund Transfer (CFT) functionality a dedicated merchant code to. WorldPay is a payment processing company which facilitates the use of payments for online casinos, betting, poker and other gambling platforms. It offers global payment services in 40 countries, 12.

An overview of the payment remittance services that Worldpay AP provides.

With the purpose to provide a stable, safe and secure payment option for iGaming and sports betting, Paysafe and Worldpay have united. Their aim is to provide an industry’s leading standard in sports.

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.

WorldpayGambling

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

Gambling

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

Worldpay Gaming

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.

Worldpay Gambling Money

For more information and advice, contact your Relationship Manager or email helpdesk@fisglobal.com.

Worldpay Online Gambling

The following countries are restricted for gambling payouts:

Worldpay Internet Gambling

  • 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

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

Worldpay Gambling Support

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.