Pay4Fun
Pay4Fun was founded in 2018 and is based in Brazil. In July 2022 it became the first payment institution serving the betting segment to receive authorisation from the Central Bank of Brazil, and it focuses exclusively on Latin America.
Its positioning is a player-facing wallet and digital account built for betting, with a network of more than 500 integrated gambling sites and over 2 million users. Our source confidence is medium.
For operators
For betting operators Pay4Fun offers bank transfer deposits and payouts through its Pay4Fun digital account and wallet, which players fund and then use across integrated sites. The wallet model gives operators a recognised local brand at the cashier and the Central Bank authorisation gives compliance teams a licensed Brazilian counterparty. Cards and crypto are not listed in our facts.
Integration
Pay4Fun offers API and cashier integration alongside the Pay4Fun digital account and wallet for players. Pricing is on request.
Licences & compliance
Pay4Fun is authorised by the Central Bank of Brazil as a payment institution since July 2022, the first institution serving betting to receive that authorisation.
- Central Bank of Brazil payment institution (Jul 2022)
Pros
- Central Bank of Brazil authorisation since July 2022
- Betting-focused wallet with 500+ integrated sites and 2m+ users
- Local brand recognition at the Brazilian cashier
Cons
- Brazil and LatAm only
- Bank transfer and wallet only; no cards or crypto listed
- Pricing on request and medium source confidence
Verdict
Pay4Fun suits operators in the regulated Brazilian betting market that want a licensed, betting-native wallet with an existing player base alongside Pix and card providers. It is not relevant for operators outside Latin America.
Frequently asked questions
Is Pay4Fun licensed?
Yes. It has been authorised by the Central Bank of Brazil as a payment institution since July 2022.
How many sites use Pay4Fun?
More than 500 integrated gambling sites, serving over 2 million users.
What does Pay4Fun offer players?
A digital account and wallet funded by bank transfer and usable across integrated betting sites.