iGaming in Cyprus
iGaming Consultancy
Cyprus as a Strategic Hub for Payment Processing in Online Gaming
Establishing a Cyprus-Based Payment Processing Agent
To streamline payment acceptance, online gaming operators can establish a Cyprus-based subsidiary to act as a Payment Processing Agent. This company serves as an intermediary between players and the gaming platform, facilitating secure transactions on behalf of the parent gaming entity. In return for this service, the Cyprus company earns a service fee, a structure that helps align with international tax compliance requirements.
These agents are crucial to online casino operations. By integrating with multiple Payment Service Providers (PSPs), they offer players seamless deposit and withdrawal options while minimizing financial fraud risks and optimizing transaction security.
MORE THAN PAYMENTS
Cyprus Companies for iGaming Marketing & Development
In addition to payment processing, Cyprus-based entities can be effectively used for marketing, affiliate management, customer acquisition, business development and software development in the online gaming ecosystem. These functions are critical to the success of any gaming platform and can be outsourced or centralized through a Cyprus company for strategic, operational, and financial benefits.
Why Cyprus?
Cyprus stands out as a top-tier jurisdiction for setting up a payment processing company due to:
- Attractive corporate tax rates
- Access to EU-accredited credit card processors
- Compatibility with acquiring banks and EMIs (Electronic Money Institutions) across Europe
This makes Cyprus an ideal location for iGaming companies seeking efficient, EU-friendly payment and banking solutions.
