What Luxon Pay Is
Luxon Pay is a multi-currency eWallet. You fund it from a card, a bank or a local payment method, hold your money in one of more than 38 currencies, and use it to pay supported merchants or send money to other Luxon Pay users. The service is closely tied to poker, from online deposits and withdrawals to buy-ins at live events.
The company behind it, Luxon Pay Ltd, is registered in Canada. According to Luxon Pay, it is authorised as an Electronic Money Institution by the UK Financial Conduct Authority, licensed in the EU, registered as a Money Service Business in Canada and authorised to provide payment services in the USA.
Luxon Pay And Poker
Many online poker players like to keep their poker money apart from their everyday bank account. A wallet such as Luxon Pay gives you one place to hold it and an easy way to move it between poker sites and your bank.
Luxon Pay says it is integrated with the world's leading poker sites, and it runs regular promotions for players who deposit through it. Whether a particular site accepts Luxon Pay depends on the site and on your country, so look for it in the site's cashier before you sign up.
It reaches live poker as well. At some of the big live festivals, Luxon Pay players can buy in with their wallet, in some cases from inside the event's own app, and have their winnings paid back into the wallet afterwards. Luxon Pay also sells a point of sale system to the organisers of live events, covering entry fees and payouts.
The Luxon Pay VIP levels follow the same pattern. Your level rises with the deposits you make at eligible online and live merchants, and buy-ins at live events count towards it.
How Luxon Pay Works For Poker Deposits
Create an account in the Luxon Pay app for iPhone or Android, or on the Luxon Pay website.
Verify it. Luxon Pay asks for a photo ID and a proof of address, and says it usually reviews them within 24 hours.
Add money to your wallet. The deposit methods you see depend on your country, and include cards, bank transfers and several local options.
Choose Luxon Pay in the cashier of a supported poker site, enter the amount and confirm. Luxon Pay says deposits are instant.
To cash out, withdraw back to your wallet from the site's cashier, then move the money on to your bank or card.
Currencies, Fees And Limits
You can hold and exchange more than 38 currencies, which helps if the poker sites you play on use a different currency from your bank. According to the Luxon Pay fees page, currency exchange is charged by VIP level and the fee drops as your level rises.
The same page lists no Luxon Pay fee for deposits to and withdrawals from merchants, whichever VIP level you are on. Funding the wallet can carry a fee depending on the method, and your bank or the poker site may add its own. Luxon Pay says any charge is shown before you confirm.
Your limits depend on how far your account is verified and on your merchant activity. Higher limits can be requested through Luxon Pay support.
Safety And Regulation
Luxon Pay offers two factor authentication by SMS, email or an authenticator app. It says it does not store card data and that its support team will never ask for your password, PIN or card details. Support is available through live chat at any hour.
As with any financial service, read the terms before you sign up and use only the official app and website. Luxon Pay publishes its fees, limits and terms on its own site.
Before You Use It
Luxon Pay is a payment service, not a poker site. Whether it is available to you, which deposit methods you get and what limits apply all depend on your country and your account. Online poker is for adults only. Set limits that suit you and play only with money you can afford to lose.
Universal Poker And Luxon Pay
Universal Poker has partnered with Luxon Pay. We will add the details for our players on this page once they are confirmed. Until then, our poker deals page lists the sites we work with.
