Ecospend

Ecospend is a UK open banking payments and data provider, now a Trustly company, authorised by the Financial Conduct Authority for payments and data. For iGaming operators it offers real-time pay by bank deposits, direct bank payouts, instant account verification for onboarding and affordability checks using verified bank data, and it says its payments can cut transaction costs by up to 80 percent and remove chargebacks. Ecospend also serves credit and lending, digital banking, e-commerce, utilities and the public sector, and its pay by bank service is used by HMRC, including for Gaming Duty and Bingo Duty. The company says it has full UK bank coverage and its own proprietary technology.

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