Sticpay is an extensive global payment provider from London, United Kingdom. The company was established in 2017 and has rapidly grown to become a prominent figure in the online payment industry. The brand now works with more than 500 merchants and has been an innovator in iGaming.
Essentially, SticPay is an E-Wallet. This type of payment has always been popular in the casino industry for many reasons. The best feature is the layer of privacy it provides. By using an E-Wallet, you protect your bank/credit card details when you deposit at new sites.
This e-wallet offers various other features, including peer to peer transfers, support for 30 local currencies, and several deposit/withdrawal options, including cryptocurrency.
This multi-feature platform has become popular with online casino players, and in 2021 you can find over 50 SticPay casinos. Some top sites that accept this form of payment include Abo Casino, 1xBet, 22Bet, BetTilt, Betwinner, National Casino, Playamo, and Woo Casino.
Igaming businesses using SticPay appreciate the opportunity to offer services to players from different regions. With SticPay users in over 170 countries, this opens the doors for many gamers to test out the best casino sites, using a local bank & currency options.
A Brief History of SticPay
Coopertoby Ltd is the company that runs this service. They are registered with the Financial Conduct Authority in the UK and licensed to provide electronic money transfers & financial services with the number FRN: 902825.
The company has more than 50 employees, and its main office is in London. Michael Gabriel & Vallerie Palacios are the top Relationship managers for SticPay. Rough estimates put their revenue between $5-$10 million per year.
Stic Pay is an ideal payment solution for many regions, with the website available in 18 languages and 30+ currencies. It’s ideal for casino players from Asia, Australia, Canada, Europe, and the United Kingdom. However, there are some restricted areas, including countries in Africa, the Middle East and the USA.
The e-wallet can be accessed directly via their website, or quickly on mobile apps for Android and iOS phones/tablets. When you use this payment method, you gain access to some awesome extra features.
Currency Exchange: When you’ve got funds in your wallet, you can convert them to various traditional or cryptocurrencies. This is ideal if you want to use other forms of currencies online.
SticCard: This is a prepaid card product from SticPay that lets customers use their account for shopping online, cashing out at ATMs, paying at local shops and more. Now you can access your casino winnings anywhere in the world.
Online Gaming Cashback: SticPay has a rewarding online gaming cashback program with participating sites. By using SticPay to deposit with these partner sites, you can get 10% extra cashback. The top sites that are part of this cashback deal are 1xBet, 22Bet, BetWinner, BetTilt, Casinia, Rabona, and Trust Dice.
SticPay – Pros and Cons
- Secure E-wallet
- FCA regulated
- Cryptocurrency supported
- 170+ accepted countries
- 10% cashback on eligible betting & casino sites
- 30+ local currencies
- Deposit, transaction, and withdrawal fees
- Need to verify ID
How to use SticPay at Online Casinos
To start using Stic Pay at online casinos, you will need to create your account. Head over to SticPay.com and sign up. You will need to fill in your personal details, which must be verified before you can deposit. This is done with proof of address and proof of ID. This is so SticPay can comply with anti-money laundering guidelines. The company is licensed by the FCA and has top of the line security to ensure all personal details are kept secure.
Once you’ve verified your account, you can make a deposit. You can use international bank wire, domestic bank transfer, credit/debit cards, and cryptocurrencies. The minimum deposit via bank is $100, and there is a 5% fee. The minimum for other methods is $10.
Now you’ve got funds into your account, you’re ready to pick one of the best SticPay casinos, and sign up and start playing games. After you’ve logged into the casino, visit the Cashier section and find the Deposit option. Pick ‘StickPay’ from the list. Enter the amount you wish to deposit and your email address used with SticPay, click Deposit.
A new page/pop up will appear to log in to your Stic Pay account. From here, you can approve the transaction and the payment will be made. Funds are credited to the online casino account immediately. When transferring to a merchant, there is a 2.5% + $0.30 transaction fee.
When you want to cash out from the casino, simply head to the Cashier, select Withdrawal, and pick SticPay. Enter the amount you wish to withdraw and your email address with which you signed up for the e-wallet. Depending on the casino site, cash-out times will vary. Generally, most sites support withdrawals in the $20-$3000 range.
Once the funds are in your online wallet, you can process withdrawals from your SticPay account to your local bank, international bank or via cryptocurrency. The minimum bank withdrawal is $100, and the minimum for crypto is $10. Cashouts can also be made directly to a SticCard. There are withdrawal fees involved, like 5% for banks, 1.3% for SticCard, and 3% for crypto.
SticPay has done a fantastic job creating a multi-purpose e-wallet ideal for use with online casinos. The company is licensed and registered with the FCA in the UK, and offers a secure platform that caters to both traditional and cryptocurrency.
They’ve forged many partnerships with gaming sites like 1xBet and Betwinner to offer awesome cashback deals. These moves show Stic Pay has a long-term desire to service businesses in iGaming and become the top casino payment method.
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