Overview
Payhound, at a glance.
Payhound is a crypto payments provider headquartered in Malta, regulated by Malta Financial Services Authority. The company behind Payhound is PAYHOUND LIMITED. Business accounts cost €33.33 a month. Opening an account takes 3–5 days.
Payhound is not a bank. It is authorised by the Malta Financial Services Authority as a crypto-asset service provider under MiCA and as a financial institution for e-money and payment services, and says client funds are segregated. No IBAN or account details of its own are published: crypto received is converted to euros, pounds or dollars in your Payhound account. E-money and crypto are not covered by deposit insurance.
Why businesses pick Payhound
- Crypto and stablecoin deposits converted on arrival to EUR, GBP or USD, so you carry no price risk
- Licensed in Malta under MiCA and as a financial institution for e-money and payment services
- Built for iGaming: player deposits in crypto, payouts and winnings in the player's coin
- Mass payouts in crypto or fiat by CSV upload or API
- Account fees published: €400 to open, €100 every 3 months, nothing to close
Watch out for
- No IBAN or account details of its own published: you still need a bank account
- Transaction and conversion fees are set case by case in a schedule shared at onboarding
- Prohibited countries and industries are kept in lists it does not publish
- €100 a month if the account is dormant for more than 9 months
- USDT is not available to clients in the EU or EEA
Business fit
Will Payhound 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 Payhound's published rules
Needs review
Payhound works with iGaming, but does not publish the countries it accepts companies from.
Payhound 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 Payhound publishes about the businesses it takes on.
Who Payhound serves
- iGaming
- Affiliate marketing
- Forex
- E-commerce
- Financial institutions
- Travel
- Crypto
All 11 industries on Payhound's accepted list
- iGaming
- Fintech
- E-commerce
- Service providers
- Affiliate marketing
- Forex
- Payment service providers
- Luxury services
- Travel
- Real estate
- Investment firms
Not supported
Industries and countries Payhound does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Payhound?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
EUR, GBP and USD
Fiat · 3 currencies
- EUR
- GBP
- USD
Crypto · 9 currencies
- BTC
- ETH
- SOL
- TRX
- USDC
- USDT
- POL
- BNB
- EURC
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Payhound 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
€400
Monthly fee
€33.33
Conditions
Dormant account fee: €100 a month after 9 months without activity
Business account
€33.33 per month
€400 setup · €799.96 in year one
Transaction fees
Other fees
Crypto
| Cost | Listed amount | How it is charged |
|---|---|---|
| On-ramp (fiat to crypto) | Not published | |
| Off-ramp (crypto to fiat) | Not published | Set case by case in the fee schedule shared at onboarding |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Register
Sign up on the Payhound platform or contact the sales team.
- 2
Company and people
Give the company's details and the basic information asked for.
- 3
Verification
Upload proof of identity, proof of address and the company's documents.
- 4
Account live
Once approved, the client portal and API open for crypto and fiat payments.
Documents you need
- Proof of identity
- Proof of address
- Business documents
FAQ
Your questions, answered.
Is Payhound a bank?
No. Payhound Limited is authorised by the Malta Financial Services Authority as a crypto-asset service provider under MiCA (since 24 November 2025) and as a financial institution for e-money and payment services (since 2 March 2026), authorised person ID MLIM17.
What does Payhound cost?
€400 to open the account and a monitoring fee of €100 every 3 months; €100 a month once an account has been dormant for more than 9 months, and nothing to close it. Transaction and conversion fees are set case by case and shared at onboarding.
Does Payhound give me an IBAN?
No account details of its own are published. Crypto your customers pay is converted to euros, pounds or dollars in your Payhound account, from which you withdraw or pay out.
Does Payhound work with iGaming operators?
Yes. iGaming is the first industry it names: operators take player deposits in crypto, converted to fiat on arrival, and pay out winnings in the player's coin. Its terms refuse only illegal gambling.
Alternatives
How Payhound compares.
If Payhound is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 PayhoundThis pageCrypto payments provider |  | iGamingMalta |
 InxyCrypto payments |   | StablecoinsPayouts |
| BVNKE-money institution |  | StablecoinsEnterprise |
 KeytomMoney services business | | High-risk industriesCrypto |
 KeaPayment service provider | | StablecoinsNot onboarding |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.