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Payhound

Product sources reviewedIdentity not reviewed

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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Provider facts
Record typecompany
Identity checknot separately reviewed
Websitepayhound.com
Product review2026-07-11
Review due2027-01-11
Main hubiGaming Payment Providers
These modules are our normalized view of the provider's current products and services. A vendor source confirms what the company publishes; it does not independently prove performance, availability in every market, or contract terms. Claim status and unresolved responsibilities stay visible below.

iGaming Crypto Payment Processing

Multi ProductFirst PartyAvailability: Standalone

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.

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 in this module
Crypto deposits: Player deposits through generated or mapped crypto addresses, with transaction status returned to the operator.
Crypto payouts: Operator-initiated crypto withdrawals, winnings, and rewards in approved assets and markets.
Conversion and settlement: Crypto-to-fiat conversion and fiat settlement so the operator does not have to retain the incoming asset.
Wallet and account infrastructure: Custody, wallet, payment-account, and transfer services within the approved Payhound setup.

Integration: The operator signs a Payhound services agreement, completes KYB and merchant review, and integrates Payhound's APIs for player address mapping, deposits, conversion, settlement, and payouts.

Delivery options

API
Delivery model

Direct 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
  • ! Publicly fixed settlement or reserve terms
Best for: Licensed iGaming operators that want direct crypto deposits and payouts while settling incoming player funds in fiat.
Strengths
  • + A current named Gaming1 engagement shows the product in an operator-facing iGaming payment flow.
  • + The regulator record confirms both payment-institution and MiCA crypto permissions for the named legal entity.
What to verify in procurement
  • ! The public iGaming page still contains older Class 3 VFA wording alongside current MiCA language. Procurement should rely on the current regulator record and executed agreement, not the older label.
  • ! Asset, network, settlement, custody, safeguarding, and gambling-market scope must be confirmed for the actual merchant configuration.
  • ! Payhound's privacy notice describes its controller role broadly, but the operator contract still needs to allocate player-data and travel-rule responsibilities for the selected flow.
Module reviewed 2026-07-11Source labels and methodology
  • PayhoundVendorchecked 2026-07-11Current iGaming page documents crypto deposits, player-address mapping, crypto withdrawals and winnings, crypto-to-fiat conversion, fiat settlement, and direct API integration.
  • PayhoundVendorchecked 2026-07-11November 2025 terms identify Payhound Limited, Malta registration C 86493, and its MiCA-authorized custody, transfer, and exchange services; a separate services agreement and onboarding approval are required.
  • Bank of LithuaniaRegulatorchecked 2026-07-11Official EEA passport record lists Payhound Limited, registration C 86493, as a Malta electronic money institution and crypto-asset service provider authorized for payment transactions, crypto exchange, order execution, custody, and transfers.
  • PayhoundVendorchecked 2026-07-11April 29, 2026 announcement names Gaming1 and describes player crypto and stablecoin deposits with fiat settlement for the operator.
  • PayhoundVendorchecked 2026-07-11Privacy notice identifies Payhound Limited as a controller for personal data it collects through its payment, wallet, and merchant services, including data received when people use merchant services.

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