Bambora

Bambora was established in 2015, intending to simplify payments for businesses. To do this, the company worked hard to build payment solutions for in-store and online merchants. The company also has excellent support for online casinos, which is why many operators opt to use it. Bambora’s success has led to its acquisition by the Worldline group in November 2020. Though the company remains separate for now, there are plans to merge the two companies eventually.

The service is geared towards merchants and online casinos. Through Bambora, websites can offer many trustworthy international and local payment methods. Bambora services are available on different platforms, so you benefit from them on personal computers and mobile devices.

Operators are choosing Bambora because it is secure and convenient. As such, it is present in more and more online casinos. Read on for a detailed overview of this banking option and everything it offers.

What is Bambora?

Bambora serves as a payment gateway between clients and merchants. Through its service, users can pay through various bank cards, e-wallets, mobile payments, bank transfers, and more. Following the acquisition, Bambora and Worldline combined to cater to more than 20,000 merchants and partners.

Besides occasionally seeing the powered by Bambora message, most players will not see much of the service. As a payment gateway, you do not actively interact with the company. You get the same page from which you pick payment methods and carry out deposits and withdrawals. However, you get the upsides of Bambora integration since you will have more payment methods available.

Bambora offers over 45 card acquirers and 100+ worldwide alternative payment providers through its PaymentIQ system. PaymentIQ is a one-time integration that makes handling various banking options easy. It also has a unique and advanced rules engine that helps reduce fraud. Bambora’s PaymentIQ system is also integrated with leading KYC providers, allowing casinos to verify signups’ identities more easily.

Bambora Account

Unlike many other banking options, Bambora does not require you to have an account or to download an app. For casino members, the process of deposits and withdrawals remains the same.

Company

Bambora is a Swedish company launched in 2015. The company built its brand on simplifying payments for businesses both online and in the real world. In just a few years, Bambora had become quite popular among online stores, especially casinos. The fantastic support for various currencies and local banking options ensured growing interest and support for the payment gateway.

The company’s growing value and popularity led to its acquisition by the French company Worldline in 2020. As part of Worldline, Bambora became part of the largest European payment services company. Despite the purchase, Bambora continues to operate semi-independently, with plans to integrate into the Worldline brand fully.

Bambora’s services are used by over 500,000 users every day. The company is available in over 50 countries, focusing primarily on the Nordics and North America.