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Emerging Markets PSPTier-2

AstroPay

Emerging Markets PSP headquartered in London, UK. 100+ countries (LATAM focus). Cash-based & wallet-driven, LATAM specialist, Low decline rates

4.4(4.4/5 Trustpilot)
London, UK Visit website

Overview

AstroPay is a UK-based payment processing company headquartered in London. Founded in 2009, AstroPay has built a strong presence in emerging markets — particularly Latin America — by specialising in cash-based and wallet-driven payment methods that serve unbanked and underbanked player populations.

The company operates across 100+ countries with a particular focus on LATAM, where it provides local payment methods including bank transfers, cash vouchers, and its own AstroPay e-wallet. AstroPay's deep regional acquiring relationships enable low decline rates and high conversion in markets where traditional card processing is limited.

AstroPay's platform is designed for the realities of emerging market payments: it supports cash-based deposit methods (where players pay cash at a local agent and receive credit online), local bank transfers, and e-wallet transactions. This makes it particularly valuable for iGaming operators targeting LATAM player bases.

Features & Capabilities

LATAM Local Payment Methods

AstroPay provides deep coverage of Latin American payment methods including PIX (Brazil), SPEI (Mexico), PSE (Colombia), and local bank transfers across the region. Its cash-based deposit options serve unbanked players who cannot use cards.

AstroPay E-Wallet

The AstroPay e-wallet allows players to store funds and make deposits across multiple gaming sites. The wallet supports instant deposits and rapid withdrawals, and is a recognised brand among LATAM gaming customers.

Low Decline Rates

AstroPay's local acquiring relationships in LATAM enable low decline rates compared to international card processing. This is a key conversion driver in markets where cross-border card declines are common.

Emerging Market Focus

Beyond LATAM, AstroPay is expanding into Africa and Southeast Asia, bringing its cash-based and wallet-driven payment expertise to new emerging markets with similar unbanked player profiles.

Notable Features

Cash-based & wallet-driven, LATAM specialist, Low decline rates

Pros & Cons

Pros

  • Deep LATAM coverage with PIX, SPEI, PSE, and local bank transfers
  • Cash-based deposit methods for unbanked players
  • AstroPay e-wallet — recognised brand among LATAM gaming customers
  • Low decline rates through local acquiring relationships
  • Expanding into Africa and Southeast Asia

Cons

  • Limited gaming platform connectors compared to iGaming-native PSPs
  • Primary strength is LATAM — less differentiated in mature card markets
  • Wallet fees may apply for end users
  • Not a full-stack fiat + crypto solution

Frequently Asked Questions

Key Facts

TypeEmerging Markets PSP
TierTier-2
Founded2009
HeadquartersLondon, UK
Coverage100+ countries (LATAM focus)
Trustpilot4.4/5

Specialties

CardsBank TransfersE-wallet (AstroPay)Local Methods

Integration Depth

LATAM acquiring native

Gaming Platforms

Limited gaming platform connectors

Visit AstroPay