An overview of the payment remittance services that Worldpay AP provides.
SEPA payments
Worldpay Gaming Solutions
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
The partnership will enable seamless transactions, reduce operating costs and allow universal payment acceptance, leveraging Worldpay's deep sector expertise and optimized credit card processing. Our systems are running normally, safe and secure. 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. With the ability to process over 200 transactions per second, you never miss a transaction, even during high-volume events like the World Cup or Grand National. Our dedicated gambling team will work with.
In countries where we have an active bank partner and operating account, payments can be made directly into the local clearing system.
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
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
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.
For more information and advice, contact your Relationship Manager or email [email protected].
The following countries are restricted for gambling payouts:
- 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
Worldpay Gaming
Country Risk Policy
We do not make international payments to the countries specified in our Country Risk Policy either because:
- 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 Advice
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.