🏳️ India | INR

↔️ Offer for traders

👋 Hello friends! We have now joined the platform and are actively looking for traders.

Traffic is currently stable, and we have good volumes of both Payin and Payouts available. We offer traders competitive commissions and excellent working conditions. 🌸

Our conditions:

📥 Payin: 3.5%
📤 Payout: 1%
↔️ Total Commission: 4.5%
💰 Minimum Deposit: 1,000 USDT
🔒 Security Deposit: 500 USDT + 500 USDT for traffic liquidity

🐂 If you perform well and can handle large traffic volumes, we will be happy to increase your commission further.
🤑 All operations are conducted in INR (Indian Rupees).
💳 Traffic: Gaming funds only (Trust Money / STD) — Games and Bets.

📞 Our team provides 24/7 traffic and support.

📱 If you want to join 🐙 please send me a personal message — @TravisTL

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🇰🇪 Kenya launches a digital gambling control system — and it changes the rules of the game for the entire market
The Gambling Regulatory Authority (GRA) of Kenya has introduced a new Gambling Management System (GMS) — a unified digital platform designed for gambling licensing and real-time supervision of operators.
What this means in practice:
➡️ All licenses, applications, and renewals will now be processed through a single online platform instead of fragmented manual procedures.
➡️ The regulator will gain real-time visibility into the activities of licensed operators, including betting companies, casinos, and lottery providers.
➡️ Enforcement against violations will become stronger, with faster responses to compliance breaches.
➡️ New mandatory requirements are being introduced:
• Age verification through ID or passport
• Player self-exclusion tools
• Separate player accounts
• Equipment certification
• Stricter advertising controls
This is part of the implementation of the Gambling Control Act 2025, which replaced the former Betting Control and Licensing Board with the new GRA.
Kenya is effectively moving from a relatively flexible supervision model toward a centralized, technology-driven regulatory framework.
⬇️ Why this matters for the industry:
1️⃣ For operators — this signals that licensing and reporting “gray areas” are closing. Transparency in documentation, reporting, and deadlines will become a two-way requirement: for regulators and for businesses.
2️⃣ For the market as a whole — Kenya’s gambling sector, especially mobile betting, has been growing faster than its regulatory framework could adapt. The GMS is an attempt to close this technological gap.
3️⃣ For payment partners and high-risk providers — stronger regulatory oversight usually means stricter requirements for:
• KYC/AML procedures
• Transaction reporting
• Ability to provide requested data quickly
⚠️ This is already beginning to affect the payments side of the market.
Many African PSPs are becoming more cautious when onboarding offshore merchants and are gradually reducing exposure to offshore traffic.
Higher transparency requirements and regulatory pressure make cooperation with foreign operators without local licensing increasingly risky for payment providers. Many prefer to avoid potential compliance issues rather than resolve them afterward.
This means that for companies entering Africa with an offshore model, the window of opportunity is narrowing.
Access to local payment infrastructure will increasingly require real localization, not just formal presence:
• Local licensing
• Local legal entity
• Full compliance with regulatory requirements
⚠️ The biggest risk for GMS is not the technology itself, but execution.
Real-time monitoring requires:
• Reliable data integration
• Strong cybersecurity
• Operator cooperation
• Technical maturity from the regulator
Without these elements, even an advanced system risks becoming only a formal requirement.

📌 Simple conclusion:
Access to the Kenyan market will increasingly depend not only on having a license, but on the operator’s ability to remain continuously transparent to regulators.
This shift is already influencing payment partners operating in the region.
For companies already active in African markets or planning expansion — Kenya’s case is worth monitoring now, not after GMS reaches full implementation.

#news #kenya #africa #gambling #igaming #onlinegambling #sportsbetting #regulation #licensing #compliance #kyc #aml #payments #paymentprocessing #fintech #psp #merchant #p2pprocessing #riskmanagement #gamingindustry #mobilepayments #digitalregulation #africamarket #highriskpayments

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🇺🇸 US SWEEPSTAKES SQUEEZE CONTINUES — WHAT IT MEANS GLOBALLY
The US is tightening restrictions on sweepstakes casinos — the legal gray area that has expanded in states where real-money iGaming remains unavailable.
⏩ Mississippi (SB2104), Iowa (SF2289), and Oklahoma (SB1589) have recently introduced tougher measures against sweepstakes gaming. Illinois alone issued 65 cease-and-desist letters to operators.
⏩ Prediction markets are also facing regulatory uncertainty: authorities and industry stakeholders continue to debate whether platforms such as Kalshi and Polymarket should fall under financial regulation or gambling legislation. Hawaii’s HB2198 specifically seeks to classify and prohibit them as illegal gambling by July 2026.
⏩ The broader pattern: as US states increase pressure on sweepstakes platforms and prediction markets, displaced user activity and operator interest often move toward less regulated jurisdictions — a trend previously observed with Brazil’s regulatory changes and the UK’s gambling tax increases.
⏩Global context: 2026 market forecasts suggest that “whack-a-mole enforcement” is becoming a permanent feature of the industry — regulators may not be able to eliminate black-market activity entirely, but can redirect it between jurisdictions.
Crypto casinos remain largely unregulated even in mature markets such as the UK, although the industry expects further regulatory action in 2026 to prevent younger users from moving toward unregulated platforms.
📌 For SEA merchants:
— US enforcement does not directly impact SEA payment processing, but it reflects the same global trend: stricter regulation in major markets pushes activity toward less-regulated corridors.
— Southeast Asia and South Asia remain among the most accessible payment processing regions globally.
— Continued growth in demand for alternative payment solutions is expected as more jurisdictions tighten their regulatory frameworks.

#news #usa #sweepstakes #gambling #igaming #predictionmarkets #kalshi #polymarket #regulation #compliance #payments #paymentprocessing #fintech #psp #merchant #p2pprocessing #riskmanagement #crypto #cryptocasinos #gamingindustry #sea #southeastasia #southasia #globalmarkets #onlinegambling

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⚡️ Today NEWS
🇹🇷 Turkey: 22 people were detained in connection with the financial operations of the illegal iGaming platform PEKINBET.
🎮 Duel: The founder publicly apologized for controversial live games broadcast shortly before the platform disclosed a $24.4 million security breach.
🇸🇬 Singapore: Nine people were arrested in connection with an international illegal betting network.
🇳🇱 Netherlands: The government reportedly lost around €100 million in expected tax revenue following the increase in gambling taxes.
🇷🇺 Russia: TENNISI will suspend betting operations on September 1, ending 27 years in the Russian market.
🇷🇺 Russia: According to market sources, Liga Stavok is shutting down its free prediction platform, Liga Market.
🇰🇷 South Korea: Authorities detained 172 people allegedly involved in a scheme that used bank accounts belonging to hearing-impaired individuals to fund illegal iGaming activity.
🇦🇪 UAE: Authorities extradited a Russian blogger to Russia, where she is accused of fraud related to sports betting.
📊 Polymarket: Announced the launch of a research institute dedicated to the study of prediction markets.
🎾 Russia: A Russian tennis player has been suspended for nearly five years for involving other players in betting activities and destroying evidence.
🎮 Ukraine: An esports player received a suspended sentence after earning nearly $9,000 by intentionally losing FIFA simulation matches.
🔒 NordVPN: Researchers uncovered the pwa_betterlinks scam campaign, which promoted unlicensed gambling websites through Facebook and Instagram.
🇦🇺 Australia: Players have lost access to gambling-related mini-games in GTA Online, including blackjack, poker, roulette, and other casino games.
🇬🇪 Georgia (Batumi): Authorities shut down an underground gambling streaming studio. The estimated damage caused by its operations amounted to 100,000 GEL.

#news #gambling #igaming #sportsbetting #predictionmarkets #payments #paymentprocessing #fintech #p2pprocessing #processing #regulation #compliance #aml #fraud #cybersecurity #riskmanagement #gamingindustry #onlinegambling #psp #merchant #crypto #matchfixing #esports #globalmarkets

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🔥 Payment companies push back against one-click checkout for UPI🇮🇳🤩

A debate has emerged in India around a new payment solution proposed by NPCI — UPI Checkout. The concept is based on saving a user’s preferred payment application, similar to the Card-on-File (COF) model.

Currently, for every transaction, customers manually select which UPI application they want to use (with dozens of UPI apps available in India). Under the proposed model, a merchant would be able to save the customer’s preferred UPI app or linked bank account, allowing users to proceed directly to PIN or biometric authentication without selecting an application each time.

However, payment companies including Paytm, CRED, and Super.money have reportedly sent a letter to NPCI warning that the proposal could negatively impact competition.

Their main concern is that once a customer saves a UPI ID with a merchant, they are unlikely to switch providers. This could further strengthen the position of the payment app selected during the initial setup.

From a conversion optimization perspective, the solution is highly attractive — one-click payments typically improve checkout completion rates. However, competition and anti-monopoly concerns remain a critical issue for India’s payment ecosystem.

The UPI market is already dominated by PhonePe (around 45% of transaction volume) and Google Pay (around 33%), which remains a concern for competitors and NPCI itself.

Payment companies are also questioning whether the feature is necessary at all, arguing that UPI is already one of the most convenient payment methods available.

So far, NPCI has not issued an official response.

#news #india #upi #payments #paymentprocessing #fintech #digitalpayments #npcI #paytm #cred #mobilepayments #p2p #p2pprocessing #merchant #psp #checkout #paymentinfrastructure #innovation #regulation #compliance #indiafintech #cashlesspayments #riskmanagement

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📊 Pennsylvania: Online Gambling Surpasses Land-Based Casinos for the First Time
Pennsylvania reported a record-breaking financial year — and for the first time in the state’s history, online gambling revenue has exceeded revenue from physical casinos.
→ Total gaming revenue: $7.01 billion (+9.7% YoY)
→ iGaming + sports betting: $3.60 billion — 51.3% of the entire market (up from 46.4%)
→ Casinos and table games: $3.35 billion, with their market share declining for the second consecutive year
→ iGaming revenue: +18.4% YoY, reaching $2.93 billion
→ Sports betting revenue: +35.9%, despite a decline in betting volume
The paradox of the year: traditional gambling in Pennsylvania is not disappearing. Slot revenue remained almost unchanged (+0.02%), while table game revenue declined for the fourth consecutive year.
The key factor is that the digital segment is growing significantly faster than traditional casinos can adapt to the changing competitive environment.
For PSPs, this is an important market signal: once online gambling accounts for more than half of total industry turnover, processing speed, payment reliability, and transaction performance become more important than physical casino presence.

#news #usa #pennsylvania #gambling #igaming #onlinegambling #sportsbetting #payments #paymentprocessing #fintech #psp #merchant #p2pprocessing #digitalpayments #gamingindustry #casino #regulation #compliance #riskmanagement #onlinecasino #usmarket #gamingmarket #analytics

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⚡️NEWS

1️⃣ Uzbekistan: The country’s first licensed bookmaker has started operating, more than a year after the legalization of the gambling sector.
2️⃣ Reuters investigation: A network of around 2,000 illegal iGaming websites allegedly used the Shelbit crypto exchange to process approximately $4 billion in transactions while bypassing sanctions.
3️⃣ Brazil: Licensed bookmakers will allocate up to 3% of GGR to support the Federal Police.
4️⃣ Poker fraud case: Four people have pleaded guilty in a fraudulent poker scheme linked to organized crime.
5️⃣ Konami: The company’s casino division reported a 65% quarterly revenue increase, reaching $76 million.
6️⃣ United States: The NFL has urged the CFTC to introduce stricter regulations for sports prediction markets.
7️⃣US market: Spending on sports betting in the United States has surpassed consumer spending on both music and movies.

#news #gambling #igaming #sportsbetting #payments #paymentprocessing #fintech #crypto #cryptoregulation #blockchain #compliance #aml #riskmanagement #predictionmarkets #cftc #regulation #gamingindustry #onlinegambling #casino #p2pprocessing #psp #merchant #digitalpayments #globalmarkets

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🗞 Top News of the Week: July 27–31

🇩🇴 Dominican Republic: The country moved one step closer to a regulated gambling market after the lower house approved a bill introducing licensing for both land-based and online operators. Licenses are expected to be valid for 10 years, while operating without a license could lead to substantial fines and prison sentences of up to 10 years.

🇧🇴 Bolivia: The country's largest private bank is launching the KOIN crypto wallet, supporting USDC, USDT, QR payments, internal transfers, and cash withdrawals. Visa will also enable stablecoin payments at merchants, highlighting how crypto is becoming a mainstream banking product rather than just an alternative payment method.

🇹🇷 Turkey: Authorities uncovered a network of 56 illegal betting platforms serving around 14 million accounts, with an estimated turnover of €4.5 billion. Cryptocurrency-based payment infrastructure played a central role, and 57 suspects now face prison sentences ranging from 6 to 39 years.

🇺🇸 X: The platform is launching X Money for paid subscribers, featuring a Visa debit card, P2P transfers, up to 3% cashback, and up to 6% annual yield with direct deposit. Elon Musk continues building a Western version of WeChat with an integrated financial ecosystem.

🇩🇴 Dominican Republic: The Central Bank is introducing the SGPI instant payment system, enabling transfers within 10 seconds, 24/7, across banks, credit associations, and other payment providers. Competition is increasingly shifting from access to payment rails toward convenience, security, and value-added services.

🇨🇳 China: Authorities are creating an international alliance to combat online fraud, with around 40 countries expected to participate. The initiative will primarily target cross-border scam centers operating in Myanmar, Cambodia, and Laos, where casinos are often used as operational infrastructure.

🇨🇴 Colombia: Lawmakers are once again proposing a unified 19% VAT on online gambling. The tax would apply to both domestic licensed operators and foreign platforms, while the key question remains whether it will be calculated on deposits, wagers, or GGR.

🇳🇱🇫🇮 Netherlands & Finland: Both countries continue tightening regulations for licensed gambling operators. Meanwhile, the legal market share in the Netherlands has already fallen to 49%, while Sweden’s black market is estimated at 20–25%, reinforcing the trend that stricter regulation of licensed operators can accelerate growth in unlicensed markets.

🇧🇷 Brazil: Regulatory action has affected 73 of the country's 85 licensed bookmakers. Over the past 18 months, the Ministry of Finance has launched more than 100 administrative proceedings and imposed $2.17 million in fines. While enforcement has so far focused mainly on warnings, stricter action is expected in the fourth quarter.

#news #digest #gambling #igaming #sportsbetting #payments #paymentprocessing #fintech #p2pprocessing #psp #merchant #crypto #stablecoins #regulation #compliance #aml #riskmanagement #digitalpayments #globalmarkets #latinamerica #europe #asia #onlinegambling #gamingindustry

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⚡️ NEWS
🇳🇿 New Zealand: The gambling regulator has banned references to luck, fate, rituals, and superstitions in gambling advertisements.
🇷🇺 Russia: Russian bookmakers generated nearly 190 billion rubles in revenue during the first half of the year.
🇬🇧 United Kingdom: Evolution received a £4.75 million fine for providing services to illegal operators.
🇲🇿 Mozambique: The country approved its first independent legal framework for online gambling, introducing a dedicated licensing regime for digital operators.
🇱🇦 Laos: 589 people suspected of organizing illegal gambling and online fraud were detained.
🇦🇱 Albania: New regulations for the online sports betting market have been approved.
🇮🇱 Israel: An Israeli WSOP champion has been charged with money laundering in Los Angeles.

#news #gambling #igaming #sportsbetting #onlinegambling #regulation #compliance #gamingindustry #payments #paymentprocessing #fintech #p2pprocessing #psp #merchant #aml #riskmanagement #moneylaundering #fraud #globalmarkets #digitalpayments #casino #betting #licensing #gaminglaw #iGamingNews

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🏴‍☠️ European Gaming and Betting Association (EGBA) 🇪🇺 files official complaint with the Bank of Lithuania 🇱🇹
The complaint concerns Walletto, a Lithuania-registered payment service provider. The regulator has been asked to investigate allegations that the company processed payments for illegal online betting operators.
🔺 According to the allegations, Walletto used merchant category manipulation, potentially allowing the real nature of transactions to be concealed when processed through major payment networks.
🔺 EGBA conducted its own investigation, analyzing illegal websites and mobile applications targeting European users. Researchers carried out test transactions and reportedly confirmed that Walletto’s services were used to fund accounts on several unauthorized gambling platforms. The payments involved cross-border transactions.
🔺 Context: Lithuania has become an important European hub for payment service providers seeking authorization to operate across EU markets. This has attracted increased attention from regulators, with enforcement based on frameworks including PSD2 and European anti-money laundering regulations.
🔺 The Bank of Lithuania has not yet issued a public response. The next step will be to determine whether the central bank launches an official investigation into Walletto and whether payment networks introduce additional compliance requirements for their participants.
🔺 EGBA is calling for stricter enforcement against payment providers working with offshore gambling operators, arguing that the complaint against one Lithuanian PSP reflects a wider compliance challenge across Europe.

#news #gambling #igaming #europe #payments #paymentprocessing #fintech #psp #merchant #p2pprocessing #compliance #aml #riskmanagement #regulation #onlinegambling #offshoregaming #gamingindustry #digitalpayments #crossborderpayments #eu #europeanmarket

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😼 Bulgaria 🇧🇬: Ministry of Finance, tax authorities, and Parliament prepare a comprehensive review of gambling legislation
The goal is to make the market environment easier for licensed operators while targeting the ecosystem that supports unlicensed gambling activity — and this extends beyond payment providers.
✔️ The problem: According to the Ministry of Finance, the unregulated segment may represent around 40% of Bulgaria’s gambling market.
✔️ A voice of reason:
✔️ Deputy Minister Petkova used this figure to highlight that further tax increases could potentially make the situation worse by pushing more activity into the gray market.
✔️ During interdepartmental discussions, proposals for additional gambling advertising restrictions were also rejected.
✔️ Shift in focus: Regulators are planning to concentrate more attention on affiliate marketing operators — including websites and other digital intermediaries that generate traffic for casinos and betting platforms in exchange for commissions.
✔️Affiliates should prepare: Measures discussed as part of the 2026 budget framework introduce a potential regulatory regime for individuals and companies promoting gambling operators. Foreign-based affiliates may be required to appoint a representative in Bulgaria for communication with administrative and judicial authorities.
✔️ What should be done? Affiliates may need to strengthen monitoring of the operators and domains they promote. The exact obligations will depend on the final legislation and official regulatory guidance.
✔️ Regarding payment providers: The proposed measures aim to prevent direct transactions with unauthorized operators. The National Revenue Agency (NRA) plans to publish a blacklist of websites and portals. If a court decision is issued under the Gambling Act, internet providers will be required to block access to those domains. Financial intermediaries may also receive technical criteria and procedures to help identify payment recipients correctly.

#news #bulgaria #europe #gambling #igaming #onlinegambling #sportsbetting #regulation #compliance #affiliate #affiliatemarketing #payments #paymentprocessing #fintech #psp #merchant #p2pprocessing #aml #riskmanagement #gamingindustry #offshoregaming #digitalpayments #europeregulation

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🐘 India 🏳️: CKYC Instead of KYC

India is set to launch Know Your Customer 2.0 (CKYC 2.0) in the near future. The new system will allow banks and insurance companies to share customers' KYC data through a single centralized database.

🔜 Why does this matter?
India already has around 1.2 billion KYC records, but many of them contain duplicate entries, missing information, and inaccuracies. As a result, regulators cannot fully rely on the existing database, forcing customers to complete the KYC process again every time they use a new financial service.

The new Central KYC 2.0 system will verify the accuracy of customer data and enable real-time updates. Customers will be able to authorize the sharing of their information using a one-time password (OTP).

😆 Interesting fact:
As of 2024, 89% of India's population had a bank account.

📲 Context:Since January, India has tightened KYC requirements for cryptocurrency platforms. Users are now required to complete identity verification through a live selfie, while crypto exchanges must also collect users' IP addresses and geolocation data.

The phased rollout of CKYC 2.0 is expected to begin this month. The new system is designed to bring even more people into India's financial and investment ecosystem.📷👤

#news #india #ckyc #kyc #aml #compliance #fintech #payments #paymentprocessing #digitalidentity #banking #digitalbanking #crypto #cryptoregulation #merchant #psp #p2pprocessing #riskmanagement #financialservices #indiafintech #onboarding #knowyourcustomer #digitalpayments #innovation

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⚡️Today News
🇰🇪 Kenya: Gambling companies have taken legal action following a 500-fold increase in licensing fees.
🇱🇰 Sri Lanka: Authorities expanded the list of blocked unlicensed iGaming websites to 146 in a single day.
🇨🇦 Ontario: Betty was fined $86,000 over accounts belonging to underage users.
🇮🇩 Indonesia: Authorities suspended food assistance for 1.5 million households amid suspicions of involvement in online betting.
🇺🇸 Michael Burry: The investor completely sold his DraftKings position and increased his stake in Flutter following the decline in gambling stocks.
🇰🇷 South Korea: Authorities uncovered a scheme involving the supply of bank accounts for illegal iGaming operations, resulting in the arrest of 200 people.
🇲🇩 Moldova: The country may introduce a 6% tax on gambling operators’ turnover. Citizens currently spend up to $577 million annually on gambling.

#news #gambling #igaming #sportsbetting #onlinegambling #regulation #compliance #payments #paymentprocessing #fintech #p2pprocessing #psp #merchant #aml #riskmanagement #gamingindustry #licensing #gamblingtax #illegalgambling #highriskpayments #digitalpayments #globalmarkets

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⚡️ Today NEWS

1️⃣ Bangladesh: Authorities arrested the organizer of a network consisting of 38 iGaming applications.
2️⃣ Bybit: Bybit has filed a lawsuit against North Korea, its Reconnaissance General Bureau, and the Lazarus hacking group over the theft of $1.5 billion last year.
3️⃣ Winna: The company received a $7.3 million complaint related to the disputed operation of the VIP version of the game Slide.
4️⃣ Brazil: Apple is facing a lawsuit over children's access to gambling applications.
5️⃣ Kick: Kick permanently banned a fake Roshtein account that was promoting the crypto casino Duel.
6️⃣ Russia: The FSB plans to install operational-investigative systems (SORM) on crypto exchanges and gaming platforms, including platforms such as Fortnite and PUBG Mobile.
7️⃣ Bangladesh: Three Chinese nationals were arrested in connection with an iGaming network reportedly generating approximately $20 million in monthly turnover.

#news #bangladesh #igaming #gambling #onlinegambling #sportsbetting #payments #paymentprocessing #fintech #crypto #cryptocurrency #cybersecurity #aml #compliance #fraud #riskmanagement #psp #merchant #p2pprocessing #gamingindustry #regulation #highriskpayments #digitalpayments #globalmarkets

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🗞 Main Weekly News: August 3–7 in Review

🇦🇪 An Iranian illegal betting network processed at least $4 billion through Dubai-based Shelbit. The unlicensed crypto exchange reportedly serviced around 2,000 betting websites, Iranian miners, and wallets linked to sanctioned entities. The VARA regulator ordered the company to cease operations over AML/CFT violations.

🏳️ EGBA filed a complaint with the Bank of Lithuania against payment provider Walletto. The association claims that test payments confirmed the processing of cross-border deposits for illegal operators and possible merchant-category manipulation. The regulator has not yet publicly responded.

🏳️ Ethiopia has completely shut down its legal betting market. Authorities accused industry participants of concealing more than $620 million in state revenue and moving funds through crypto exchanges and hawala networks. Local aggregators were also reportedly suspected of understating actual transaction volumes.

🇪🇺 From 2028, AMLA will begin directly supervising around 40 high-risk financial institutions. The selection may include banks, payment systems, EMIs, and crypto companies. From July 2027, businesses will also face greater difficulty taking advantage of differences between national interpretations of KYC and AML requirements.

🇨🇱 Chile is accelerating the adoption of its online gambling legislation. Foreign operators are already subject to a 19% digital VAT, including transactions from the previous 36 months, while payment providers face joint tax liability. The proposed framework adds a 23% GGR burden and introduces a replacement tax of 31% of gross revenue over three years for existing companies.

🏳️ Gambling generated $1.4 billion in tax revenue for Brazil during the first half of the year — 83% more year-on-year. At the same time, the GGR tax rate is expected to gradually increase from 13% to 15% by 2028, while offshore operators are already estimated to account for 41–51% of the market.

🏳️ India is launching CKYC 2.0. The new system is expected to clean up and centralize a database containing 1.2 billion KYC records, enable real-time data updates, and allow customers to confirm consent for data sharing via a one-time password.

🌎 Instant payments continue to become a national standard. Chilean banks are developing a QR-code and alias-based payment system inspired by Pix, while Wise has connected directly to Malaysia's PayNet, adding DuitNow transfers via phone number or ID as well as QR payments.

🇷🇺 Russia is designing its regulated crypto market as a centralized and fully monitored system. Depositories have been proposed to maintain four separate registers and record every transaction, while the FSB wants crypto exchanges and gaming platforms to install SORM systems providing round-the-clock access to user data.

⚠️ On the local market, subscribers reported non-payments involving Intouch, Major Payments, and RusPay. The total amount of reported claims exceeded $24,000, while one merchant reported that 16,843 USDT had been frozen. At the time of publication, representatives of the providers had not commented on the situation.

#news #digest #gambling #igaming #payments #paymentprocessing #fintech #p2pprocessing #psp #merchant #compliance #aml #kyc #riskmanagement #crypto #cryptoregulation #onlinegambling #sportsbetting #regulation #taxes #digitalpayments #instantpayments #highriskpayments #globalmarkets #india #brazil #chile #russia #europe #africa

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⚡️ #NEWS
🇵🇭 Philippines: Offshore operators are reportedly relocating their businesses to Sri Lanka amid increasing regulatory pressure.
🇮🇹 Italy: FONBET has been hit by a new wave of gambling-site blockings.
🇺🇸 United States: A US regulator has banned prediction market platforms from using bookmaker odds.
🇦🇺 Australia: Tabcorp is set to acquire BetMakers for $200 million.
🇰🇿 Kazakhstan: Authorities have placed a blogger suspected of recruiting 35 influencers to promote iGaming platforms on an international wanted list.
🇲🇲 Myanmar: 156 people were detained during a raid on an iGaming operations center, with 850 devices seized.
🇺🇸 United States: The illegal online gambling market grew to an estimated $97.4 billion in 2025.

#news #gambling #igaming #onlinegambling #sportsbetting #predictionmarkets #payments #paymentprocessing #fintech #p2pprocessing #psp #merchant #regulation #compliance #aml #riskmanagement #illegalgambling #offshoregaming #gamingindustry #highriskpayments #digitalpayments #globalmarkets #usa #asia #australia #europe

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🏳️ New UPI fees may be introduced🇮🇳

💳India’s Ministry of Finance is reportedly developing a new UPI pricing model under which P2P transfers and most everyday payments would remain free. However, merchant payments above ₹2,000 (~$20) could incur a fee of 0.25–0.5%.💰

The new rules would reportedly affect only around 5% of UPI transactions by volume, since smaller payments make up most daily UPI usage. However, these larger transactions account for roughly 65% of total transaction value, meaning merchants could still pay MDR on a significant share of overall turnover.📊

💼The proposed model follows the logic of Visa and Mastercard fees, effectively introducing an interchange-like charge. In 2020, India removed such fees to accelerate UPI adoption, while banks and payment providers received subsidies instead.

Now, India appears to be targeting international and larger merchants rather than applying fees across the entire ecosystem. The charges are reportedly expected to apply to businesses with annual turnover above approximately $180,000.✍️

In practice, this could lead to a noticeable increase in payment processing costs in India, as an additional “interchange” expense would be added to the payment-processing chain.🇮🇳

#news #india #upi #payments #paymentprocessing #fintech #p2pprocessing #p2p #processing #merchant #psp #mDR #interchange #digitalpayments #indiafintech #paymentinfrastructure #transactionfees #ecommerce #riskmanagement #compliance #highriskpayments #gamingpayments #igaming #gambling #sportsbetting

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🏳️ Kazakhstan’s national QR system processes $365 million in under a month

Kazakhstan’s national payment system processed 6.5 million QR payments and phone-number transfers worth 170 billion tenge — around $365 million — between its launch on July 19 and August 13.
The infrastructure is built around an interbank QR model. A customer scans a single QR code, while the system identifies the participating bank and routes the payment to the merchant, regardless of where either side holds an account.
The average transaction value reached approximately $56.
The same infrastructure also supports real-time transfers by phone number between customers of different banks. These transfers operate 24/7, settle instantly, and carry no fees.

Kazakhstan is moving away from bank-specific QR ecosystems toward a shared national payment layer that can serve customers and merchants across multiple banks.

#news #kazakhstan #payments #paymentprocessing #fintech #qrpayments #digitalpayments #instantpayments #p2p #p2pprocessing #processing #merchant #psp #paymentinfrastructure #interbankpayments #mobilepayments #cashlesspayments #fintechnews #emergingmarkets #centralasia #paymentrails #financialinfrastructure

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🗞 Top News of the Week: August 10–15 Highlights

💸🇷🇺 Binance has started enforcing new sanctions-related restrictions on crypto services connected to Russia. Some measures are already active, while others will take effect on August 23. Transactions involving related wallets may be blocked, and certain users could face additional compliance reviews and account restrictions.

🪆 Russian law enforcement raided crypto exchangers at Gorbushka Market, reportedly seizing more than 10 million rubles during the first hours of the operation. The investigation is linked to a courier for phone scammers who allegedly attempted to convert stolen funds into cryptocurrency.

🇷🇺 Starting in March 2027, Russian banks will be required to stop transfers if malware is detected on a customer’s device. The rule will apply to bank cards, electronic money, and the Faster Payments System (SBP).

🏳️🏳️ Crypto withdrawals are becoming slower due to anti-fraud measures. Japan’s FSA has proposed risk-based limits and waiting periods for newly added withdrawal addresses, while Brazil plans to introduce a 24-hour delay on certain international transfers and personal-wallet withdrawals from January 2027.

🇵🇱 BLIK will begin rejecting payments to illegal online casinos starting September 1, integrating directly with Poland’s Ministry of Finance blacklist.

🏳️ Brazilian banks closed 323 accounts suspected of being linked to illegal betting operations or payment mediation activities.

🇨🇱🏳️ Website blocking continues to expand. Chile introduced a permanent mechanism for identifying and blocking online casinos and mirror sites, while Italy ordered the blocking of an additional 190 gambling websites.

🎰 The illegal online gambling market in the United States is estimated at $97.4 billion, significantly exceeding the size of the regulated market according to some industry estimates.

💳 Visa is acquiring BioCatch for $2.4 billion. BioCatch specializes in behavioral biometrics and fraud detection, analyzing thousands of user behavior signals to identify suspicious activity.

🏳️ Brazil’s Central Bank is actively promoting the international expansion of Pix, which processed nearly 80 billion transactions worth $6.87 trillion in 2025.

🏳️ India is considering introducing UPI fees for large merchants, potentially applying charges of 0.3–0.5% on transactions above ₹2,000.

#news #digest #payments #paymentprocessing #fintech #p2pprocessing #p2p #processing #merchant #psp #crypto #cryptocurrency #aml #kyc #compliance #riskmanagement #fraud #cybersecurity #digitalpayments #instantpayments #pix #upi #binance #visa #onlinegambling #igaming #sportsbetting #regulation #globalmarkets #fintechnews

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🔥🇺🇿 Uzbekistan will ban P2P transfers through websites

Starting from November 16, new rules will come into effect in Uzbekistan, prohibiting payment companies from processing P2P transfers through websites. All P2P transactions will have to be carried out through mobile applications.

When a user logs into their account from a new device, linked bank cards will also be temporarily disabled. They can only be reactivated after the user confirms their identity with an OTP code.

Users will still be able to access their personal accounts through browser versions, but the transfer function will not be available there.

Payment companies that process transactions without additional identity verification measures may also be held responsible for customer losses resulting from fraud.

The new rules will apply to all banks and fintech companies, including Click, Uzum, Payme, and others.

#news #uzbekistan #payments #paymentprocessing #fintech #p2p #p2pprocessing #processing #merchant #psp #digitalpayments #mobilepayments #cybersecurity #fraud #otp #kyc #aml #compliance #riskmanagement #banking #fintechnews #paymentinfrastructure #centralasia #highriskpayments

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📱 TikTok is exploring P2P payments inside direct messages

TikTok is working on a feature that could allow users to send money directly through DMs.

References to P2P transfers were found in the US iPhone version of the app. The proposed flow is simple: the recipient would tap to accept the payment before it expires, while the sender would receive a status update. Users could also attach a message to the transfer.

Payments would be handled through TikTok Pay, which already supports purchases in TikTok Shop across Vietnam, Malaysia, and Thailand.

However, there is an important caveat: the feature is not currently being tested in any market, and TikTok has not confirmed that it will launch.
The direction still makes sense for the platform. TikTok already has a large internal payments ecosystem built around coins, virtual gifts, and commerce. In 2025, in-app purchases generated an estimated $3.3–3.7 billion globally, with around 40% coming from the US.
P2P payments could also keep more financial activity inside TikTok. Users already list services such as Venmo and Cash App in their profiles to receive money from followers, while an internal transfer tool could move those interactions directly into the platform.
The development also fits ByteDance’s broader fintech expansion. The company has been hiring former JPMorgan employees, building payment infrastructure, and has applied in Brazil for two licenses covering electronic money issuance and direct lending.
The market is already taking the possibility seriously: PayPal and Western Union shares fell following the news.

For now, this remains an early-stage product rather than a confirmed launch. But TikTok already has users, commerce, and payment infrastructure — adding P2P would bring another part of the financial flow inside the app.

#news #tiktok #bytedance #payments #p2p #p2pprocessing #paymentprocessing #fintech #digitalpayments #mobilepayments #psp #merchant #processing #paymentinfrastructure #ecommerce #socialcommerce #fintechnews #usa #brazil #southeastasia #venmo #cashapp #tiktokshop #tiktokpay #financialservices #innovation

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