Praxis Tech partners with Stake to expand global payment orchestration in iGaming

chris-horton
By Chris Horton
Fri 07 Nov 2025 11:24
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  • Praxis Tech will provide Stake with enhanced global payment orchestration and localisation.
  • Partnership focuses on improving transaction speed, authorisation rates and regulatory alignment.
  • Reflects a wider trend of operators investing in payments technology to improve customer experience.
  • Focus on payment efficiency
  • Growing importance of payments infrastructure
  • Strengthening Stake’s global operations

Praxis Tech’s partnership with Stake reflects a growing industry shift toward integrated, compliant and high-performance payment solutions in iGaming.

Payments-technology company Praxis Tech has announced a global partnership with online gaming operator Stake, aimed at improving transaction speed, localisation, and compliance across multiple markets. 

The collaboration will integrate Praxis’s orchestration platform into Stake’s global operations to optimise payment approval rates and streamline local payment options for players.

Both companies said the initiative is designed to deliver a more seamless and transparent payment experience for users while strengthening regulatory adherence in the jurisdictions where Stake operates. 

The partnership will also support Stake’s expansion strategy by connecting its existing payments infrastructure to additional local banking networks and alternative payment methods.

Focus on payment efficiency

Payment orchestration platforms have become a key component of the iGaming ecosystem, allowing operators to route transactions through multiple payment-service providers and local payment rails. 

The technology helps improve authorisation rates, reduce transaction declines and simplify regulatory compliance by consolidating payment flows through a single platform.

Praxis Tech said its solution will help Stake reduce friction in deposits and withdrawals while ensuring transactions align with evolving financial-compliance requirements. 

By leveraging Praxis’s multi-provider gateway, Stake can access region-specific payment options and improve conversion rates in markets with stricter banking rules.

In a statement, Praxis Tech said the partnership “represents a step forward in creating a more efficient and compliant payments environment for global operators”. The firm added that the collaboration will “enhance approval rates, reduce latency, and provide players with faster, more localised payment experiences”.

Growing importance of payments infrastructure

The iGaming industry has seen increased focus on payments performance as part of its customer-experience strategy. With acquisition costs rising and competition intensifying, operators are seeking to optimise every step of the player journey. 

Deposit speed, payout reliability and access to preferred local payment options are now viewed as critical factors influencing retention and trust.

Industry analysts have noted that improving transaction success rates can directly affect revenue performance. Data from recent market studies shows that operators achieving faster withdrawals and fewer failed payments report higher player satisfaction and longer account lifetimes.

The integration of payment-orchestration technology also supports stronger compliance frameworks. Regulators in major gaming jurisdictions have emphasised the need for operators to implement payment-system monitoring that detects suspicious transactions, fraud and money-laundering risks in real time. 

Partnerships with established payment-technology providers help ensure those requirements are met.

Strengthening Stake’s global operations

Stake, one of the world’s largest crypto-friendly online casinos and sportsbooks, operates across multiple regions including Europe, Latin America and Asia. 

The company said the partnership will help it expand access to local payment methods and strengthen its ability to process both fiat and digital-asset transactions under compliant frameworks.

Stake representatives said that working with Praxis Tech aligns with its focus on providing fast, transparent and user-friendly financial interactions. The collaboration is expected to improve the operator’s ability to serve customers in regions with diverse payment preferences and regulatory environments.

Praxis Tech, which already supports over 1,000 payment providers globally, described the partnership as an example of how payment orchestration can be applied to enhance both commercial efficiency and regulatory compliance in iGaming.

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