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Iris Betting Sites in Spain

Last update at 25 May, 2023

Iris is a payment solutions company that provides punters with an avenue to make transactions for sports betting activities convenient. This payment method directly debits with your bank account using web banking. Users of web banking will gain access to Iris services. This includes many known banks in the country.

Using this payment service helps to smoothen the process of payments. You go through fewer steps using betting payment options Iris compared to traditional methods. The service allows users to complete transactions with ease.

List of Bookmakers that accept Iris

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Why Use Iris at Online Bookmakers in Spain

To gamble on online bookmaker sites in Spain, you need funds in your account. The only way to deposit money is through available payment methods. Depending on your betting platform, there are various options you can choose from. Make sure to choose the right one. Payment methods betting sites Iris is a popular option for punters.

Iris Betting Overview
Lower fees and chargesβœ…
Real-time transactionsβœ…
Reliable companyβœ…

Is Iris Safe and Secure for Betting in Spain?

Iris betting sites

Iris payment services ensure users' safe and reliable payments. They use a combination of both biometric authentication and blockchain technology to protect your data. It is considered one of the world’s safest payment-processing ecosystems.

They directly debit from and towards your bank account for fast transactions. Confirmation of payment will be sent in real-time to verify the purchase. The best part about using Iris is that you don’t need an account to use their services. As long as you are a Greek web banking user, you will be able to use Iris.

How to Bet With Iris

Betting with Iris is simple. All you have to do is select Iris as your preferred payment method. You will be redirected to the page of the bank of your choice (should be an Iris-partnered bank) where you have to log in with your e-banking details. From there, you have to indicate the amount you wish to deposit or withdraw and press β€˜done.’

  • Check our bookmaker list
    step 1

    Your first step is to figure out which betting sites accept Iris. The list of bookies accepting this payment option is available on our bookmaker list. This will help you decide which betting sites will work best for you in line with your preferences. It's important to remember to choose a Bookmaker with a license from the Directorate General for the Regulation of Gambling (DGOJ).

  • Get used to your bookmaker
    step 2

    The next step will have to focus on getting used to your bookmaker. Create an account on the bookmaker you've selected and spend your time exploring its various offers. Know how to use the site's deposit and withdrawal features. Look into their promotions page and loyalty program to see which bonuses you can claim to boost your chances of taking home big prizes.

  • Deposit funds
    step 3

    Before you can place your bets, you have to transfer money into your betting account. To deposit funds with sportsbook payment methods Iris, find out if there are a few terms and conditions with the bookmaker or not. You will then have to select the preferred mode of payment and indicate how much you want to deposit.

  • Start betting
    step 4

    Now that you have money in your sportsbook, you should think about looking at all of the promotions that are offered on the site. Find the one that appeals to you, claim it, and then place your wager. Don’t forget to set limits to avoid overspending and check the wagering requirements.

How Deposit and Withdrawal limits work

The payment method, rather than the sportsbook, determines the majority of the deposit and withdrawal limits. In this case, Iris will inquire about the amount you wish to send when you deposit or withdraw money. If you exceed the cap, your transaction will not go through.

The bookmakers in Spain have not integrated this payment method into their systems yet. Nevertheless, let's take a look at the options that Iris offers:Β 

How IRIS works

Deposit time

Withdrawal time

Commission fee

Min/max transfer amount


Up to 5 days

€5/€500 per day

€5/€500 per day

How to Withdraw Money From a Bookmaker to Iris in Spain

Iris Bookmakers in Spain

Withdrawing money with Iris follows similar steps to depositing it with them. The most important step of this process is that you are using a bank that uses Iris’s services. From there on, withdrawals are easy to do.

  • How to Withdraw Funds

There are always several steps involved in withdrawing funds, but the majority of sportsbooks follow these steps:

  1. Go to your sportsbook account
  2. Press the withdraw button
  3. From there, you have to look for Iris and choose it as the preferred payment method
  4. You will be redirected to a page where you will have to input bank details
  5. Set the amount you wish to withdraw and press done.
  • Canceling Your Withdrawal Request

If the transaction is still pending, you can simply click the cancel button. You must email customer care or use the website's chat feature if the website doesn't provide you with the opportunity to cancel.

  • Don't Withdraw All Your Funds at Once

Sportsbooks set a limit on withdrawals and deposits. Withdrawing all your winnings at once is not the best choice. This is to avoid losing your money because of an error. Better to try a small amount first. If the transaction is successful, then proceed to transfer the remaining amount.

Pros and Cons of Betting with Iris

  • Does not require registration
  • Secured transactions
  • Directly debits to your bank account
  • It does not support direct withdrawals from other wallets or gambling websites
  • Does not support cross-currency payments
  • Limited to Greek web banking users
Stephen Olayanju
Professional casino content writer with 5 years of experience. He has been privileged to work with many popular casino brands, which are mostly ghostwritten. He’s a casino player and punter too, and has helped many players to get most out of gambling.
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