Open banking deposits use Payment Initiation Services (PIS) authorised under the UK's Open Banking framework. Instead of entering card details, you authorise the deposit directly from your banking app, which initiates a real-time bank transfer to the casino's merchant account.
Open banking is now the leading deposit method at UK casinos. Q1 2026 share sat at 42% of UK casino deposits, up from 31% year-on-year. Debit cards have fallen to 38% (down from leading), and e-wallets sit at 11% combined.
Leading PISPs (Payment Initiation Service Providers) in UK gambling: TrueLayer, Tink, Volt, Trustly. All are FCA-authorised and operate under PSD2 / UK PSR equivalent. Deposits are typically free, instant, and avoid the card-issuer block on gambling that some UK banks apply.
Example usage
- Trustly Pay N Play (one-step deposit + KYC)
- TrueLayer-powered deposits at most UKGC operators
Related terms
- E-wallet — A digital wallet (PayPal, Skrill, Neteller) that holds funds and routes deposits/withdrawals between bank accounts and casinos.
- FCA (Financial Conduct Authority) — The UK's financial-services regulator, which oversees e-wallets, open-banking PISPs and electronic money institutions.
- KYC (Know Your Customer) — Identity verification required before withdrawals — proof of ID, address and sometimes payment method ownership.