Setup Direct Debits for subscriptions
Payment gateway friendly
Create and store Beneficiaries
New markets are often unknowns in finance, making opening accounts challenging and causing friction within your own business processes. Working with a payment provider who is sensitive to the needs of your business, while understanding your target markets in detail, will enable greater control over your finances.
Xace was setup in the UK to be friendly to new markets– encouraging business growth by removing barriers to account ownership.
With a compliance team committed to bringing industry specific solutions to business customers across the UK, with decades of gaming expertise in-house, communication of requirements will be clear and relevant to you own needs. Our onboarding process has been developed around the very business you're operating, making the transition from application to account opening a smooth one.
We answer your most complex gaming questions in our gaming FAQ with some account specific FAQs below.
Your account in your name, from IBAN EUR accounts to GBP accounts with FX services.
If you're operating an competition ecommerce platform, you will no doubt be making use of a payment processor or gateway. Many platforms make use of providers who are less well known to high street accounts, making integration and withdrawals particularly difficult. Our knowledge of payment gateways, not only in the giveaway market but across the global gaming market, giving you piece of mind while operating with such providers.
Playing and taking part in online competitions can be considered gambling by many account providers. At Xace we've taken the time to understand the industry at length, alongside our existing gaming regulation expertise, making a Xace account the most suitable solution for regular players.
Explore our business accounts and content in more detail, where our commitment to providing the best products to companies like yours. With features from Direct Debits and Virtual Cards to management and compliance teams with significant business and accounting backgrounds ensuring the best possible customer service.
Our fee structure depends on the volume and number of transactions processed through the account. Once an initial onboarding process has been completed, an onboarding manager will confirm the exact fee schedule.
Xace are gaming friendly, but we're also attuned to the needs of those operating legally outside of gaming licenses. If you have a legal opinion on your operating standards, this will significantly improve the chances of securing an account.