Payhound
Payhound directly supplies crypto payment infrastructure to approved iGaming operators. Its current product supports player crypto deposits, address mapping, crypto payouts, conversion into fiat, fiat settlement, wallets, and API-based transaction handling.
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Payhound Limited, Malta company number C 86493, operates Payhound and enters the client relationship. It holds Malta payment and crypto-asset permissions. The executed Payhound Services Agreement controls each merchant's approved products and markets.
Buyer decision brief
Use this summary to decide whether the offer belongs on your shortlist and which terms need a written answer.
Fit and use case
Editorial fitLicensed iGaming operators that want direct crypto deposits and payouts while settling incoming player funds in fiat.
Primary offer: iGaming Crypto Payment Processing
Primary offer delivery
- API
Integration boundary: The operator signs a Payhound services agreement and completes KYB and merchant review.
Critical contract questions
Start with unresolved terms, negotiated terms, and dependencies that need a named owner.
Resolve before shortlist
No usable standard answer is available on the public terms.
- Pricing, reserves, and limitsNot disclosed
- iGaming Crypto Payment Processing · Commercial terms
- Balance and record exitNot disclosed
- iGaming Crypto Payment Processing · Exit and portability
Fix in the signed order
The answer changes by operator, market, package, or negotiated order.
- Merchant, market, and asset approvalSet in contract
- iGaming Crypto Payment Processing · Market and approvals
- Merchant relationshipSet in contract
- iGaming Crypto Payment Processing · Contract and supplier
- Custody, screening, and player dataSet in contract
- iGaming Crypto Payment Processing · Operating responsibilities
- Deposit, payout, and settlement scopeSet in contract
- iGaming Crypto Payment Processing · Implementation
- Conversion, fiat settlement, and reconciliationSet in contract
- iGaming Crypto Payment Processing · Operations and service
- Transfer exceptions and disputesSet in contract
- iGaming Crypto Payment Processing · Operations and service
Next buyer step
Ask Payhound to resolve “Pricing, reserves, and limits” and “Balance and record exit” before moving iGaming Crypto Payment Processing to a commercial shortlist. Then compare the answer with the complete product record below.
Confirm every selected term in the proposal and signed order. No price, market approval, availability, or contracting entity is implied unless it is stated above.
What this provider offers
1 offering- TypePayments · Multi ProductOwnership and packagingFirst Party · StandaloneDeliveryAPICompare in
- iGaming Payment Providers · Service Provider
- Crypto Payment Gateways for iGaming · Service Provider
iGaming Crypto Payment Processing
Multi ProductFirst PartyAvailability: StandalonePayhound directly supplies crypto payment infrastructure to approved iGaming operators. Its current product supports player crypto deposits, address mapping, crypto payouts, conversion into fiat, fiat settlement, wallets, and API-based transaction handling.
Payhound Limited is a Malta financial institution and MiCA crypto-asset service provider. That authorization does not approve an operator's gambling activity: the operator still needs its own gambling authority, Payhound onboarding, and written market and product approval.
Products
Integration: The operator signs a Payhound services agreement and completes KYB and merchant review. Payhound's APIs then handle player address mapping, deposits, conversion, settlement, and payouts within the approved account scope.
Delivery options
API
Delivery modelDirect crypto payment integration for an iGaming operator accepted by Payhound Limited.
- Operator license
- Operator
- Merchant of record
- Unknown
- Player data controller
- Unknown
Included
- + Crypto and stablecoin pay-ins
- + Player address mapping
- + Crypto payouts
- + Crypto-to-fiat conversion and fiat settlement
- + Wallet and transaction reporting functions
Not included
- ! Gambling license
- ! Guaranteed merchant approval
- ! Universal asset or country support
- ! Fixed settlement or reserve terms
Procurement record
Current product boundaries and the terms that still have to be fixed in the signed order or service agreement.
Known is usable now. Contract specific changes by order or market. Not disclosed has no usable standard term. Unknown remains unresolved. Outside provider scope is handled by the operator or another supplier.
Contract and supplier
- Contracting and regulated partyKnown
- Payhound Limited enters the client relationship and supplies the approved payment, wallet, transfer, conversion, and crypto-asset services. The executed services agreement must define the operator's exact products, entities, countries, currencies, assets, networks, and transaction directions.
- Merchant relationshipContract specific
- The operator completes KYB and gambling-business review for a direct Payhound account. Payment and crypto authorization covers Payhound's financial service, while the operator remains responsible for its gambling license, domains, players, and lawful transaction flow.
Implementation
- Deposit, payout, and settlement scopeContract specific
- The approved API configuration can include player crypto addresses, deposits, winnings payouts, crypto-to-fiat conversion, fiat settlement, and wallet functions. Assets, networks, currencies, address model, confirmations, limits, and directions must be scheduled.
Operating responsibilities
- Custody, screening, and player dataContract specific
- Payhound controls personal data within its payment and wallet services. The merchant terms still need to allocate custody, safeguarding, blockchain screening, Travel Rule work, player notices, controller and processor roles, subprocessors, retention, breach response, and operator access.
Operations and service
- Conversion, fiat settlement, and reconciliationContract specific
- Incoming crypto can be converted and settled in fiat, while approved winnings can be sent in crypto. Pricing source, spread, confirmations, settlement bank, cutoffs, payout funding, exceptions, and reconciliation exports must be fixed in the services agreement.
- Transfer exceptions and disputesContract specific
- The operating schedule must cover wrong-network payments, underpayment, overpayment, screening holds, failed conversions, rejected payouts, refunds, compromised credentials, beneficiary errors, and irreversible blockchain loss.
Commercial terms
- Pricing, reserves, and limitsNot disclosed
- Payment, conversion, network, wallet, payout, settlement, minimum, reserve, collateral, volume, and termination charges are not published for one iGaming account.
Market and approval scope
- Merchant, market, and asset approvalContract specific
- Approval must cover the operator entity, gambling license, domains, player countries, products, currencies, assets, networks, and transaction directions. Payhound's EEA permissions do not approve the underlying gambling activity.
Exit and portability
- Balance and record exitNot disclosed
- Asset withdrawal, fiat conversion at closure, pending transfers, screening holds, reserve release, wallet and transaction exports, address continuity, retained compliance data, and termination assistance are not established outside the services agreement.
Strengths
- + Gaming1 uses Payhound in an operator-facing iGaming payment flow.
- + The named legal entity holds both payment-institution and MiCA crypto permissions.
What to verify in procurement
- ! Older Class 3 VFA wording remains alongside current MiCA language. The executed agreement must use the current permission and service scope.
- ! Asset, network, settlement, custody, safeguarding, and gambling-market scope must be confirmed for the actual merchant configuration.
- ! Payhound's controller role is broad; the operator contract still needs to allocate player-data and travel-rule responsibilities for the selected flow.
Reference documents5
Key public documents supporting the company identity, primary offer, delivery route, and highest-priority questions above.
- DocumentBank of Lithuania — lb.lt / sfi financial market participants / payhound limited
- DocumentPayhound — payhound.com / general terms and conditions
- DocumentPayhound — payhound.com / industry / igaming
- DocumentPayhound — payhound.com / blog / payhound partners with gaming 1
- DocumentPayhound — payhound.com / privacy notice