Compliance Updates
Game Payment cashless App secures Tier 1 UK bank approval ahead of ICE London debut

One week ahead of its debut appearance at ICE London the Game Payment Technology (GPT) cashless payments App has confirmed a payment acquiring agreement with one of the top three UK acquirers. This concludes months of intensive work led by the payment’s team from GPT’s JV partner, Polar Moment and represents the first such deal with a Tier 1 UK bank for cashless gaming in pubs and other venues.
GPT Director John Rozek believes the agreement represents a major endorsement of the cashless payments solution which has been under development since Summer 2019. He stated: “As we anticipated, we have secured card processing services with one of the top 3 UK acquirers – a nationally recognised brand. This is a testament of the acquirer’s confidence in GPT’s business plans including the product, the financial structure, the skills within our team and our ability to professionally manage a gambling e-wallet.
He added: “Financial directors understand the expectations and obligations a Tier 1 acquirer demand and it will give potential customers both here and internationally huge confidence in GPT. It is a major achievement and one which demonstrates that we are a professional payments organisation, respected in both the gaming and payments sectors, and able to manage the complexities of a gaming e-wallet service. It confirms we are ready for real players to start enjoying playing without cash in their local pub!”
The four month process involved scrutiny of the GPT business and financial plans, confirmation of Directors backgrounds and experience in both the gaming and payments sectors, risk assessments, compliance reviews as well as anti-money laundering and counter terrorism policies control and procedures. Rozek concluded: “Of course it’s fantastic to have secured a Tier 1 acquirer ahead of ICE which represents the last hurdle before we go live. It will provide visitors with great confidence in the GPT brand as well as the strength of the infrastructure and the people behind it.”
Game Payment Technology will be appearing on the Reflex Gaming stand S8-220 at the ExCeL Exhibition Centre.
-
Latest News4 days ago
Slovakia Publishes Groundbreaking Report on Illegal Online Gambling
-
Latest News4 days ago
Best Altcoins & Crypto Casino Sites for Safer Gambling 2025 Ranked
-
Latest News4 days ago
Best Online Casinos in Europe | Listed Top 10 European Casino Sites for 2025
-
eSports4 days ago
Lim “Ulsan” Soo-hoon Fights off the Competition to Reign as TEKKEN 8 at 2025 Esports World Cup Champion, Securing Back-to-Back EWC Titles
-
Latest News4 days ago
7777 gaming teams up with Winpot to enhance online casino experience in Mexico
-
Latest News4 days ago
Nexus International’s H1 2025 Revenue Doubles to $546M, Cementing Place Among Global Gaming Leaders
-
Press Releases4 days ago
Kiwis Deserve Safe Gambling That Gives Back
-
Latest News4 days ago
SOFTSWISS Heads to SBC Summit Lisbon 2025 with Driven & Ambitious Mindset