Overview
Luxon Pay, at a glance.
Luxon Pay is an e-money wallet headquartered in Canada, regulated by FCA, FINTRAC. Pricing is agreed with each client. Opening an account takes 3–5 days.
Customer funds are held in a pooled client account with a recognised bank, separate from Luxon Pay's own money. No deposit guarantee is mentioned.
Why businesses pick Luxon Pay
- Hold and exchange 38 currencies in one wallet
- Free transfers to other Luxon Pay users
- Free SEPA withdrawals to your bank at every level
- Built for gaming: deposits and withdrawals at online and live gaming merchants, with terms for gaming operators' payouts to players
- The exchange fee falls from 2% to nothing as quarterly merchant deposits pass €30,000
- Trustpilot score of 3.7 from 109 reviews
Watch out for
- The business account is opened through the sales team and has no separate business price list
- Currency exchange costs 2% at the standard level
- SWIFT withdrawals cost €20 below the Premium level
- No cards yet
- The business terms are with Luxon Pay Ltd of Canada, a FINTRAC-registered money services business; the FCA authorisation belongs to Luxon Payments Limited in the UK
Business fit
Will Luxon Pay accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Luxon Pay's published rules
Needs review
Luxon Pay works with iGaming, but does not publish the countries it accepts companies from.
Luxon Pay does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Luxon Pay publishes about the businesses it takes on.
Who Luxon Pay serves
- iGaming
- Forex
- E-commerce
- Event organisers
Not supported
Industries and countries Luxon Pay does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Luxon Pay?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
38 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- AED
- BHD
- BRL
- CZK
- DKK
- HKD
- HUF
- IDR
- ILS
- INR
- JOD
- KRW
- KWD
- MAD
- MXN
- NOK
- NZD
- OMR
- PHP
- PLN
- QAR
- RON
- SAR
- SEK
- SGD
- THB
- TND
- TRY
- TWD
- VND
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Incorporated companies
Pricing
What does Luxon Pay cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
Not published
Standard
Custom
No merchant deposit threshold
Classic
Custom
€3,000 to €9,999 of merchant deposits a quarter
Premium
Custom
€10,000 to €29,999 of merchant deposits a quarter
Noir
Custom
More than €30,000 of merchant deposits a quarter
Transaction fees
| Cost | Standard | Classic | Premium | Noir | How it is charged |
|---|---|---|---|---|---|
| Incoming | |||||
| From another Luxon Pay account | Free | Free | Free | Free | No charge |
| Outgoing | |||||
| SEPA | Free | Free | Free | Free | No charge |
| SWIFT / international | €20 | €20 | Free | Free | Fixed fee |
| To another Luxon Pay account | Free | Free | Free | Free | No charge |
Other fees
Currency exchange (FX)
| Cost | Standard | Classic | Premium | Noir | How it is charged |
|---|---|---|---|---|---|
| FX markup | 2% | 1% | 0.5% | Free | Percentage of the amount |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | Not offered | Not available · Listed as coming soon |
| Physical card issue | Not offered | Not available · Listed as coming soon |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Contact sales
Send the contact form on the business page; the sales team replies within 24 hours.
- 2
Company and people
Provide the ownership chart, main shareholders and directors, and incorporation documents.
- 3
Identity
Verify the applicant with a government photo ID.
- 4
Account live
Once verified, the wallet is ready to use.
Documents you need
- Government photo ID (passport or driving licence)
- Ownership chart
- Main shareholders and directors
- Certificate of Incorporation, Articles of Association and/or latest audited annual report
- Business address
FAQ
Your questions, answered.
Is Luxon Pay a bank?
No. It is an e-money wallet. The business terms are with Luxon Pay Ltd, registered in Alberta, Canada as a money services business with FINTRAC (M22974394). Luxon Payments Limited in the UK is an FCA-authorised e-money institution, reference 900929. Customer funds are held in a pooled client account at a recognised bank.
How much does Luxon Pay cost?
The fees depend on VIP level, set by quarterly deposits at gaming merchants. Currency exchange costs 2% at Standard, 1% at Classic, 0.5% at Premium and nothing at Noir. SEPA withdrawals are free, and SWIFT withdrawals cost €20 below Premium. Transfers to other Luxon Pay users are free.
Who can open a Luxon Pay business account?
Fully incorporated, active companies registered in an eligible country, with the applicant living in one. Charities, public-sector bodies and cooperatives are not supported. The eligible regions are the UK, EU, EEA, rest of the world and the USA, excluding sanctioned countries.
Which currencies does Luxon Pay support?
38 account currencies, including EUR, USD, GBP, CAD, CHF, AUD, JPY, AED, SGD and ZAR.
Does Luxon Pay offer cards?
Not yet. Physical and virtual cards are listed as coming soon.
Alternatives
How Luxon Pay compares.
If Luxon Pay is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Luxon PayThis pageE-money wallet |   | 38 currenciesSales-led |
 Skrill BusinessE-money institution |   | Merchant wallet40+ currencies |
 NetellerE-money institution | | Merchant wallet30 currencies |
 LumonE-money institution |  | FX60 currencies |
 WittixE-money institution |  | Local IBANsBulk payments |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.