Praxis Tech
Praxis Tech was founded in 2016 and is headquartered in Limassol, Cyprus. It serves Europe, Latin America, APAC and global operators with a payment orchestration layer and hosted cashier built specifically for iGaming and other high-volume online verticals.
Its scale is public: 600 PSP connectors, more than 1,000 payment methods, over 4.5 billion dollars in approved transactions in 2023, and publicly referenced clients including Stake and Codere Online. It holds PCI DSS Level 1, ISO/IEC 27001:2022 and Visa Verified Service Provider status.
For operators
For casino and sportsbook operators Praxis Tech aggregates cards, Apple Pay and Google Pay, the gambling e-wallets Skrill, Neteller, MiFinity, Jeton, MuchBetter, Payz and AstroPay, paysafecard, bank methods including Trustly, iDEAL, Sofort, BLIK, Przelewy24, Interac, open banking and bank transfer, and Bitcoin and USDT. The hosted Praxis Cashier handles deposits and payouts with routing and rules, and 54 ready platform integrations with SOFTSWISS, Playtech, BetConstruct and others mean a new brand can launch with a full method list without separate PSP builds.
Integration
Praxis Tech publishes a REST API with webhooks and three cashier modes: hosted Praxis Cashier as iframe or redirect, Hosted Fields and Direct server-to-server. Pricing is a setup fee plus a monthly subscription, averaging around 8,000 dollars per month according to a review, with no percentage of volume.
Licences & compliance
Praxis Tech lists PCI DSS Level 1, ISO/IEC 27001:2022 and Visa Verified Service Provider status. As an orchestrator it does not hold funds or acquiring licences; those sit with the 600 connected PSPs.
- PCI DSS Level 1
- ISO/IEC 27001:2022
- Visa Verified Service Provider
Pros
- 600 PSP connectors, 1,000+ methods and 54 casino platform integrations
- Subscription pricing with no percentage of volume
- PCI DSS Level 1, ISO 27001:2022 and Visa Verified Service Provider
Cons
- Monthly subscription averaging around 8,000 dollars suits larger operators
- Operators still need their own contracts with underlying PSPs
- Exact pricing on request
Verdict
Praxis Tech suits mid-sized and large casino and sportsbook operators, especially those on SOFTSWISS, Playtech or BetConstruct, that run many PSPs and want a proven cashier with routing and fixed software pricing. Small brands with low volume may find the subscription heavy relative to a single PSP.
Frequently asked questions
How is Praxis Tech priced?
A setup fee plus a monthly subscription, averaging around 8,000 dollars per month per a review, with no percentage of transaction volume.
Which casino platforms does Praxis integrate with?
It lists 54 platform integrations including SOFTSWISS, Playtech and BetConstruct.
How many PSPs can Praxis connect?
600 PSP connectors covering more than 1,000 payment methods, including gambling e-wallets, local bank methods and crypto.