Satchel vs Traditional Banks & Standard PSPs
Choosing the right payment provider is critical for high-risk and regulated businesses. Many traditional banks and generic payment service providers are not equipped to support industries such as iGaming, crypto, betting, or adult.
Use the comparison below to see where Satchel typically fits best.
Satchel
 High-Risk Support (iGaming, Gambling, Crypto, Adult) |
| Gambling & Betting Friendly (Curaçao, Anjouan & more) |
| Crypto-Friendly Business Accounts |
 Fast Account Onboarding |
 Dedicated Account Manager included |
| SEPA Instant Payments Supported |
| SWIFT Transfers supported |
 Physical/VirtualMastercard |
| White-Label Solutions |
 Advanced APIs & automated IBANs |
 20+ Currencies Supported |
 Global Coverage: EU, UK, APAC, LatAm, Australia |
Traditional Banks
 High-Risk Support OftenDeclined |
| Gambling & Betting Typically Not Supported |
| Crypto Accounts Often Not Supported |
| 🐢 Onboarding Slow (Weeks–Months) |
| Rare account management |
 SEPA Instant Payments Varies by bank / jurisdiction |
| SWIFT Transfers Supported |
| Cards Restricted for high-risk industries |
| No White-Label Solutions |
| No API & IBAN Generation |
| Limited multi-currency support |
| Often local / region-limited coverage |
Standard PSPs
| High-Risk Support Limited / Case-by-Case |
| Gambling & Betting Restricted |
| Limited Crypto Accounts |
| Onboarding Medium (varies) |
| Typically no account management |
| Limited SEPA Instant Payments |
| Limited SWIFT Transfers |
| Cards Often virtual only |
| Limited white-label solutions |
| Basic APIs Generation |
| Limited multi-currency support |
| Region-restricted |
Frequently Asked Questions
Satchel is a European digital banking and payment solutions provider offering business accounts and payment infrastructure for high-risk and regulated industries.
Yes. Satchel works with online casinos, sportsbooks, and betting operators licensed in jurisdictions such as Curaçao and Anjouan, subject to compliance review.
Yes. Satchel specializes in high-risk industries including gambling, crypto, gaming, and adult entertainment.
Satchel offers SEPA Instant payments, SWIFT transfers, physical and virtual Mastercard cards, white-label payment solutions, API-based IBAN generation, and crypto-friendly services.