SticPay is a global e-wallet service without the boundaries of locations. Through SticPay, your international transfers are faster and easier with minimum fees.
SticPay is an e-wallet service built with a clear idea: making international transfers easy. The e-wallet offers a competitive alternative to international bank transfers, drastically speeding up the process. SticPay’s ease of use makes it very popular for online casino transactions, which usually involve international transactions.
To use SticPay as a payment method, you must first add funds to your SticPay account. Once the money is available in your e-wallet, you can deposit in online casinos and claim promotions. SticPay offers near-instant deposits, allowing you to jump in and play whenever you want. Is SticPay worth using over alternative payment methods? We break down the pros and cons in this article to find out.
What is SticPay?
SticPay is an e-wallet service designed to speed up and simplify international transactions. It primarily operates in East Asia, though it has expanded its service to offer a more global reach. Using SticPay is straightforward: register an account and deposit funds into the e-wallet. You can deposit using bank transfers, credit or debit cards, or cryptocurrencies. SticPay does not charge fees when using its services. Instead, the e-wallet makes money by charging fees when you deposit or withdraw money from your SticPay account.
Unlike international bank transfers, SticPay transactions are completed in about a minute. The e-wallet is also not tied to your bank account or credit card, which makes it more secure. You can use the SticPay service to withdraw money from your casino account. Sticpay is popular for deposits at online gambling
SticPay Account
If you wish to use SticPay’s services, you will need to register an account on their website. You will need to give the company some personal information, including e-mail, first and last name, date of birth, and country. You will also need to provide them with your phone number for SMS verification. A freshly registered account is subject to some limitations. To remove these limits, you must verify your identity by uploading proof of address and legal existence documents.
Company
SticPay is a UK-based company run by Coopertoby Limited, established in 2018. The service was licensed by the Financial Conduct Authority one year later, which serves as a guarantee for customer protection and service legality. The success of the e-wallet led SticPay to branch out its services.
In 2020, it launched the SticPay card, a prepaid bank card tied directly to your e-wallet balance. Through it, you can enjoy offline transactions, including withdrawing money using an ATM. SticPay also won an award in 2019 for Payment Innovation: Best Digital Wallet 2019 Gold Winner at the Future Digital Award. It was also nominated for Online Payment Solution of the Year at the 2021 European Gaming Awards.
Facts
Payment Type
E-wallet
Headquarters
India
Launched
2017
Pros
Fast deposits
Secure transactions
Globally available with support for 200+ countries
Cons
Fees when depositing and withdrawing money into the e-wallet
How to Deposit with SticPay?
The first step to using SticPay is finding an online casino that supports the payment method. After registering an account, you will be able to deposit money using various banking options. Select SticPay on the cashier page and enter how much you plan to deposit. After initiating the transaction, you will be redirected to SticPay’s website to log into your account. After confirming the transaction, funds will be moved from your e-wallet to the casino. Make sure you have enough funds in your account, or the transaction will fail.
How to Withdraw with SticPay?
Cashing money out with SticPay works identically to deposits. Open the cashier or banking page, select withdraw, and pick SticPay as your payment option. Enter how much you plan to cash out and confirm the transaction. Once the casino clears the funds, they will be transferred to your e-wallet balance.
SticPay charges fees when depositing and withdrawing money from your SticPay e-wallet.
Transfer Times and Fees
Both deposits and withdrawals to and from casinos are pretty fast when using this e-wallet. Transaction times take a few minutes, though cashing out also requires waiting for the casino to approve the withdrawal.
Fees for deposits and withdrawals range from 1% to 5% based on the payment method, country, and currency. International bank transfers and cryptocurrencies offer the lowest fees when depositing. For withdrawing money from your e-wallet, the SticPay Card offers minimal fees, followed by cryptocurrencies.
Security
SticPay uses high-level encryption for its transactions and is regulated by the FCA. The company also employs additional security measures such as two-factor authentication to ensure no unauthorized transactions go through.