Key Moments:
- PAYSTRAX acquired Nochex in 2025 Q3, bolstering its UK operations and payment capabilities.
- The company supports over 1,500 merchants and maintains a presence in six international offices.
- Settlement is available in 17 currencies with support for stablecoins, helping merchants manage costs and speed.
Company Overview and Recent Expansion
PAYSTRAX, launched in 2018, operates as a specialist payment card acquirer with a focus on risk management and complex industries. The company holds Payment Institution licenses in Lithuania and the United Kingdom, which allows it to provide regulated services across the UK, EU, and EEA. With more than 1,500 merchants served, PAYSTRAX manages operations from offices in the United Kingdom, Iceland, Lithuania, and Malta. Its teams have significant expertise in supporting regulated high-risk markets, including iGaming.
In 2025 Q3, PAYSTRAX acquired Nochex, one of the UK’s original online payment providers established in 1999. This move enhances PAYSTRAX’s UK market strength, brings in local payment knowledge, and extends its capability to help merchants in regulated and complex business areas.
Payment Solutions for Complex and Regulated Markets
As a direct acquirer and principal member of both Visa and Mastercard, PAYSTRAX supplies card payment infrastructure tailored to online businesses that require stability, compliance, and scalability. The company’s approach centers on supporting merchants where regulatory scrutiny, high fraud risk, and large transaction volumes demand more than generic payment solutions.
Working closely with gaming companies, PAYSTRAX develops acquiring structures that match each client’s operational requirements, licensing obligations, and international ambitions. Every phase, from deposits to withdrawals, is designed to ensure smooth customer payment experiences.
Advanced Settlement and Fraud Prevention
Beyond card acquiring, PAYSTRAX offers merchants global payment acceptance in all ISO currencies, with settlements possible in 17 widely used currencies. Stablecoin settlements are also supported to minimize costs and delays. The company incorporates advanced fraud prevention and risk tools, building an infrastructure resilient enough for traffic surges and peak gaming demand. PAYSTRAX emphasizes 99.999% uptime to enable uninterrupted operations at scale.
Enhanced Card Payout Capabilities
In addition to payment acceptance, PAYSTRAX delivers card payout services through Visa Original Credit Transfer (OCT) and Mastercard Send. These options let operators disburse funds directly to player cards for withdrawals, refunds, and promotions while adhering to card network rules and regulations. Timely payouts are positioned to reduce player withdrawal friction and improve trust.
| Service | Details |
|---|---|
| Acquiring Coverage | UK, EU, EEA via Lithuania and UK licenses |
| Settlement Currencies | 17 major currencies plus stablecoins |
| Uptime | 99.999% |
| Number of Supported Merchants | More than 1,500 |
| International Offices | Six (United Kingdom, Iceland, Lithuania, Malta) |
Industry Engagement and Events
PAYSTRAX participates as a first-time exhibitor at ICE, aiming to meet current partners and engage with new clients at Booth 4J40. Attendees are invited to discuss bespoke payment solutions and take part in a scratch card lottery for prize opportunities.
- Author
Daniel Williams
