PaymentIQ (Paysafe)
PaymentIQ was founded in 2015 and is headquartered in Gothenburg, Sweden. It began life within Devcode and was acquired by Paysafe in 2020, and is one of the longest-standing iGaming cashier and orchestration products in the market, serving Europe and global operators.
Its positioning is a mature, gambling-native orchestration layer with more than 300 PSP and APM connectors, now backed by a listed payments group. Our source confidence is medium.
For operators
For casino and sportsbook operators PaymentIQ aggregates cards, Apple Pay and Google Pay, the gambling e-wallets Skrill, Neteller, MiFinity, Jeton, MuchBetter, Payz and AstroPay, paysafecard, Trustly, Zimpler, iDEAL, Sofort, giropay, BLIK, Przelewy24, Interac, open banking, bank transfer and Bitcoin. The hosted cashier manages deposits and payouts, routing rules send traffic to the best-performing connector and retries recover declines, with a back office for operations teams.
Integration
PaymentIQ publishes a single REST API, a hosted cashier, routing and retry logic and a back office. Pricing is SaaS-based and on request.
Licences & compliance
PaymentIQ lists PCI DSS Level 1 certification. Acquiring and e-money licences sit with the connected PSPs and with its parent Paysafe rather than with the orchestration product itself.
- PCI DSS Level 1
Pros
- One of the longest-standing iGaming cashier and orchestration products
- 300+ PSP and APM connectors including Nordic and Polish bank methods
- Backed by the Paysafe group
Cons
- Ownership by a PSP group that also sells Skrill and Neteller may raise routing-neutrality questions
- Pricing on request
- Medium source confidence
Verdict
PaymentIQ suits established casino and sportsbook operators that want a proven, gambling-native cashier with broad connector coverage and the stability of a listed parent. Operators that prioritise an independent orchestrator may compare it with vendor-neutral platforms.
Frequently asked questions
Who owns PaymentIQ?
Paysafe acquired PaymentIQ in 2020; the product originated within Devcode in Gothenburg.
How many connectors does PaymentIQ have?
More than 300 PSP and APM connectors, spanning cards, gambling e-wallets, bank methods and Bitcoin.
What does PaymentIQ cost?
It is sold as SaaS with pricing on request.