How open banking might finally solve refund problems in iGaming
barry675 said
October 28th
I had this annoying situation last month. I withdrew some winnings from an online sportsbook not a huge amount, but enough to make me happy and the refund took five business days to reach my card. The support team kept saying processing delay, but honestly it just made me not want to deposit again. A friend mentioned that sites using open banking dont have that issue because money moves instantly both ways. Ive heard of it in e-commerce, but does that actually work smoothly in gaming too? And what about people worried about connecting their bank account directly is that safe enough?
Grey88 said
October 29th
Yeah, totally feel you on that. Refund delays are such a mood killer. Theres a breakdown here https://flixpress.com/how-open-banking-is-blowing-up-igaming/ that actually explains how open banking lets operators send payouts directly to verified accounts, skipping card processors and middlemen. I work with payment integrations for a small gaming operator, and once we switched to A2A transfers, withdrawal complaints dropped to almost zero. Funds usually land within a minute, and the risk of sending to the wrong account is basically gone because verification happens through the banks own API. Players love it and we save on processing fees too.
Emma555 said
October 29th
Just dropping by. I dont gamble much, but I can totally relate waiting days for refunds from anything online feels ancient. If banking APIs can finally fix that for iGaming, good for everyone. Still, I hope sites keep the option to choose traditional cards; some users are just not ready to connect their bank directly yet.
Gold365india said
October 31st
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I had this annoying situation last month. I withdrew some winnings from an online sportsbook not a huge amount, but enough to make me happy and the refund took five business days to reach my card. The support team kept saying processing delay, but honestly it just made me not want to deposit again. A friend mentioned that sites using open banking dont have that issue because money moves instantly both ways. Ive heard of it in e-commerce, but does that actually work smoothly in gaming too? And what about people worried about connecting their bank account directly is that safe enough?
Yeah, totally feel you on that. Refund delays are such a mood killer. Theres a breakdown here https://flixpress.com/how-open-banking-is-blowing-up-igaming/ that actually explains how open banking lets operators send payouts directly to verified accounts, skipping card processors and middlemen. I work with payment integrations for a small gaming operator, and once we switched to A2A transfers, withdrawal complaints dropped to almost zero. Funds usually land within a minute, and the risk of sending to the wrong account is basically gone because verification happens through the banks own API. Players love it and we save on processing fees too.
Gold365 makes online gaming simple and enjoyable with its well-designed interface and fast performance. The Gold365 login feature allows quick access to your account anytime, anywhere. I like how the platform supports a variety of games while maintaining security and speed. Perfect for anyone looking for an easy and fun betting experience online. Visit https://gold-365.ind.in/