Xace

The dream of every gamer out there is to have a secure payment option that will allow him to focus less on his funds and the ways he can deposit and withdraw money. Normally, each player wants solely to concentrate on playing his favorite casino games. Bearing that in mind, plenty of companies that deal with alternative payment accounts want to offer their services to online gamers.

The goal is to connect gamers, online casinos, software providers, esports, in other words, the entire iGaming industry, and to provide all of them with a unique payment gateway. One of the companies that are trying to do this is Xace, a London-based team that started its business in 2020.

What is Xace?

Do not confuse Xace with a bank. They will always say that they never wanted to be “a traditional high street bank“. They prefer to be called a Small Payment Institution that provides unique products and features to its consumers. The list of products includes accounts for gaming, gaming affiliates, esports, competition & giveaways, white-label casinos, and iGaming software providers.

When you open an account with Xace, you can benefit from plenty of features, regardless of whether you are an enterprise, SME, sole trader, or freelancer. It does not matter where you are based, Xace will have account options available. With headquarters in London, they also have offices that deal with the EU countries, Europe & Balkans, the USA, South America, and Oceania.

Given the fact that Xace was established in 2020, they are relatively new in the business but are expanding rapidly. The company is registered in England and Whales, and, for the EU market, it acts as an outsourced partner of Modulr FS Europe Ltd.

Among many of the benefits, Xace includes UK and EU-based support, top-notch security, and a dedicated relationship manager. Whether your industry is tech, gaming, or esports, you will be able to open your business accounts and acquire virtual debit cards that act the same as debit cards from brick-and-mortar banks. Different payment options are available, such as SEPA, SWIFT, CHAPS, and UK Faster Payments. Also, Xace accepts multiple currencies, such as EUR, USD, and GBP.

Xace Account

If you are a software supplier, white-label casino, or gaming company, for example, then you will need to create an account with Xace in order to use its services. As for regular online casino players, opening an account is unnecessary. Make sure that you use the payment option that is supported by Xace to deposit or withdraw your funds. Also, check the list of available currencies that you may use.

Facts

Payment Type	Payment gateway
Headquarters	London, UK
Launched	2020

How to Deposit with Xace

You do not have to be a rocket scientist to understand how to deposit with Xace. It is quite simple, really. Go to the cashier page and find Xace. Enter the amount you wish to deposit and click on the “Deposit” button to start the transfer process. After that, you’ll need to pick one of the payment options that are available in your region. You’ll be redirected to your online banking page, where you’ll have to log in and confirm the transaction.

How to Withdraw with Xace?

This is also an easy process. When you go to „Withdrawals“ at your online casino, find Xace. After that, you are required to enter the sum you want to withdraw. The final step for the transaction is the selection of the desired banking option.

FAQ

When was Xace established?

Xace started operating in 2020, with headquarters in London, UK.

What currencies does Xace offer?

At Xace, you can use EUR, GBP, USD, local EU currencies, Faster Payments, SEPA, Swift, and FX solutions.

Does Xace accept payments from major gaming payment processors?

Yes, it does. Xace accepts payments from Neteller, Skrill, Paysafe, and PayPal, among others.

Transfer Time and Fees

In most cases, depositing money to your casino balance does not take plenty of time. Usually, the funds will be there instantly or in a matter of minutes. Withdrawals come with a different story and the processing time varies.

For example, the amount of money you want to withdraw can determine the transfer time. Most casinos have daily, weekly, and monthly limits and reserve the right to further inspect your transaction if it exceeds a certain amount. Next, there is the approval of the selected payment option.

Xace does not charge players any transfer fees, meaning you can deposit and withdraw your money cost-free. Even so, you have to take into consideration that your selected online casino or a certain payment option may charge you a processing fee.

Security

You do not need to worry about your money and data with Xace. This company is regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 as an authorized payment institution. All transactions are conducted under the watchful eye of Xace, making sure there is no risk of fraud. We are positive that the company uses a state-of-the-art security system that is there to protect its clients.

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