PayKings
PayKings was founded in 2011 and is headquartered in St. Petersburg, Florida, US. It is not an acquirer itself but a high-risk merchant-account broker with relationships across more than 20 acquiring banks, serving 50 or more industries that mainstream processors avoid.
Its positioning is matchmaking plus tooling: PayKings finds a bank willing to underwrite a given high-risk merchant, including online gaming and sports betting, and provides the gateway and terminal layer on top. Its coverage is North America.
For operators
For online gaming and sports betting merchants PayKings offers Visa and Mastercard processing and bank transfer via ACH, with a payment gateway and virtual terminal. The advantage is placement: with more than 20 bank relationships the broker can usually find an underwriter for a gambling merchant that a single acquirer would decline. The method list is card and ACH only, so operators needing wallets or international local methods will need additional providers.
Integration
PayKings provides a developer API, a payment gateway, a virtual terminal and ACH processing. Pricing is published: from interchange plus 0.80 percent with no setup fees, although final rates depend on the bank placement and merchant risk profile.
Licences & compliance
No licences are published for PayKings in our facts. As a broker it relies on the licences and sponsorship of the acquiring banks it places merchants with, so operators should ask which bank will hold the merchant account and what reserves and terms that bank imposes.
- Not published
Pros
- Published pricing from interchange plus 0.80% with no setup fees
- Access to 20+ acquiring banks increases placement odds for gambling merchants
- Developer API, virtual terminal and ACH included
Cons
- North America only; no European or LatAm coverage
- No licences published; it is a broker, not an acquirer
- Cards and ACH only; no e-wallets or local alternative methods
Verdict
PayKings suits US-facing online gaming and sports betting merchants that need a merchant account placed with a willing bank and want transparent starting pricing. It is not a fit for operators outside North America or those that need a multi-method cashier.
Frequently asked questions
Is PayKings an acquirer?
No. PayKings is a high-risk merchant-account broker that places merchants with more than 20 acquiring banks and provides the gateway and terminal tools.
What does PayKings charge?
Published pricing starts from interchange plus 0.80 percent with no setup fees; final rates depend on the bank placement and the merchant's risk profile.
Which gambling verticals does PayKings serve?
Online gaming and sports betting are among the 50-plus industries it supports, within North America.