14 Nov 20231 min. read

PayMatrix has implemented "AcquiringXP" technologies to facilitate payment processing in the high-risk sector

written and last updated by Sam Smith at 14 Nov 2023 Journalist, Editorial Department

PayMatrix has launched "AcquiringXP," a platform designed for processing payments in the high-risk sector. Currently, the system operates in Russia, India, Kyrgyzstan, and Belarus. The platform is built on P2P (Person-to-Person) technology. According to PayMatrix, the service utilizes popular local transfer methods for each currency. For instance, in Russia, it supports SBER, Tinkoff, and the Faster Payments System (FPS).
Previously, PayMatrix handled high-risk payments through traditional banking gateways. The new platform claims to offer 24/7 technical online support and assumes all risks related to the security of funds. High-risk projects are provided with a comprehensive API for quick integration and customization to accommodate any volume of daily transactions. Additionally, PayMatrix's UX designers have revamped the payment interface that users see when making payments, aiming to increase the success rate of transactions (conversion).
According to the PayMatrix website, service fees start at 4% of the total incoming payment volume, with rates varying by currency and decreasing as daily turnover increases. PayMatrix is currently working on expanding its services to new locations, including Uzbekistan, Kazakhstan, and Turkey.
This article serves as a news report. No professional recommendations, assessments, or guarantees regarding the service's compliance with specific requirements or standards are provided.

Blog

Explore more interesting news

04 Dec 2025 Games from the provider Amigo Gaming have been added to the Elantil platform

Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...

03 Dec 2025 Brazilian authorities have decided to implement a modest increase in tax rates for the gambling industry

The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...

02 Dec 2025 The provider Pragmatic Play has signed a multi-product agreement with the Peruvian operator Loterías Torito

Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...

01 Dec 2025 Revenue at Jeju Dream Tower Casino surged by 96.9% in November 2025

Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...

Genting Malaysia, the casino operator, reported significant improvements in the group's financial performance for the third quarter of 2025

28 Nov 2025 Genting Malaysia, the casino operator, reported significant improvements in the group's financial performance for the third quarter of 2025

Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...

27 Nov 2025 A player at the online casino DraftKings has hit a record jackpot on the slot machine Huff N’ Even More Puff

A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...

26 Nov 2025 The provider Amigo Gaming has entered the Peruvian gaming market in partnership with operator Meridianbet

Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...

25 Nov 2025 Land-based casinos and online gaming platforms contributed to a significant increase in tax revenues for Brazil in 2025

The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...

24 Nov 2025 Finnish authorities have unveiled plans to establish an open iGaming market in the country

Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...

21 Nov 2025 Aviamasters by BGaming has been awarded the title of Best Casino Game of 2025 at the SiGMA Central Europe Awards

BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...

20 Nov 2025 Ontario's gambling industry reached record highs in October 2025

The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...

19 Nov 2025 Game content developer Booming Games is continuing its European expansion with a new launch in Portugal

Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...