BLOG
The Kingdom Bank – Revolutionising Global iGaming Payments
One of the biggest challenges that the iGaming industry is facing these days is payment processing. Each country and jurisdiction has separate laws and regulations regarding these online payments, and as such, not every operator is able to meet the expectations of players.
There are also multi-currency demands, and if a certain payment provider doesn't accept a selected currency, players usually have to pay a currency conversion fee. The Kingdom Bank is an innovative company that's looking to connect traditional financing with modern assets and provide both players and iGaming operators with efficient solutions.
Table of contents
Click on a title to jump to a section
The Kingdom Bank at a Glance
The mission of the Kingdom Bank is to improve the global accessibility of banking services. In doing so, they aim to deliver cost-efficient and fast financing solutions. This is one of the few banks in the world that openly specialises in iGaming operators.
Finding a banking solution that’s both trustworthy and truly global has always been a challenge. The Kingdom Bank is set to tackle that issue. The bank has a presence in over 80 countries, and that includes the biggest economies in the world.
It’s compliant with AML standards and it’s fully regulated by the FSU, meaning that it adheres to international regulations and prevents any potential risks of fraud.
The Problems iGaming Operators Face Today
As a bank that specialises in iGaming operators, The Kingdom Bank aims to make the industry much more efficient and cost-effective. At the moment, gambling websites that operate internationally face a plethora of problems.
One of the biggest is cross-country payment delays. Solutions such as SEPA and SWIFT allow international payments, but the processing is relatively slow. In many cases, it can take up to 8 business days for a simple payment to be processed and approved.
The number of concerns related to fraud is rising because if a banking solution has accreditation to operate in one jurisdiction, that doesn’t mean that they can offer their services or that they comply with laws in every other jurisdiction in the world. As such, safety is a growing problem.
Banks today don’t support all currencies, and that’s a major problem for iGaming operators who want to offer their services to a global audience. Users often end up having to pay extra fees, or they’re not even able to make casino payments if a certain currency isn’t supported by their bank.
Not knowing how the iGaming industry works means that banking partners aren’t able to adhere to their wishes and thus, they can’t provide expert service. This costs both operators and players who are part of the iGaming industry.
How The Kingdom Bank Solves These Problems
The Kingdom Bank plans to tackle every single issue that iGaming operators face with bank partners today. They aim to revolutionise multi-currency payments by having a system that accepts over 40 currencies, including the most commonly used ones – USD, EUR and GBP.
Efficiency will be increased with the introduction of batch payments, which allow numerous transactions to be processed simultaneously. At the same time, the payments will be stored in one file, making the process much easier for those who send payments regularly.
Comprehensive invoice and expense management programs will allow operators to track their expenses with ease, ensuring that all transactions are handled accurately and efficiently.
Bank users can receive virtual and physical cards, which will allow them to spend with flexibility and gain worldwide access. Users can create multi-currency accounts, and The Kingdom Bank will provide them with the best IBAN solutions.
Potential fees will be competitive. Those who make more frequent transactions will pay lower fees. As for safety and security, The Kingdom Bank uses transparent AML/KYC processes and minimises the threat of fraud.
What Sets The Kingdom Bank Apart
The Kingdom Bank is able to stand out from the competition in three areas. The first one is efficiency – its system allows much faster money processing compared to the likes of SEPA and SWIFT. Secondly, high-volume operators gain access to competitive fees, which enables a low-cost structure.
Unlike global banks that have no knowledge of the iGaming industry, The Kingdom Bank creates solutions that are specifically designed for gambling operators, and they tailor their services according to their needs.
These three key areas are what set The Kingdom Bank apart from every other bank institution. When combined with safety and privacy, operators can reap the greatest benefits and create a sustainable system of payments that prevents any fraud.
The Kingdom Bank & iGaming Operators: A Perfect Fit
By partnering with The Kingdom Bank, operators can reap several benefits. One of the biggest is efficient payments, which not just satisfy the needs of operators, but also keep their clients happy. Players are constantly on the lookout for gambling websites that can give them fast payouts, and that’s what The Kingdom Bank can provide them.
The simplified cross-border operators make it easy for gambling brands to handle international payments and thus, enable a much smoother environment. These two benefits lead to better cash flow management.
Add the fact that The Kingdom Bank’s money savings program allows clients to have crypto and fiat flexibility, and one receives a winning recipe for money services.
All of these features help iGaming operators to create a much better gambling environment for their clients, but the most important part is that The Kingdom Bank doesn’t plan on stopping here.
Latest Updates (2025 Announcements)
- August 21: Avalanche is the latest crypto addition to The Kingdom Bank;
- August 15: Users can earn 5% cashback in TON Coin when using The Kingdom Bank card;
- July 30: The Kingdom Bank partners with Binance
- July 29: The Kingdom Bank adds Bitcoin Cash to its platform
The Kingdom Bank – Why Operators Should Care
The Kingdom Bank offers much more than bank services to iGaming operators. It creates a strategic partnership that allows iGaming brands to perform better and thus, increase their reputation and trustworthiness. These advantages lead to more satisfied customers and much better exposure on a global level.
In addition, The Kingdom Bank is the first Official Banking Partner of West Ham United, including support for the West Ham United Women’s team. This partnership underscores the bank’s growing international presence and credibility, offering iGaming operators the added confidence of working with a bank recognised on a global stage.
Discover how The Kingdom Bank can transform your iGaming financial operations today.