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Established in 2010, in Palo Alto California, Stripe has surely been around for enough time to know what they’re doing. Join us as we take you through all the ins and outs of making use of Stripe as your preferred payment method when transacting at online casinos in India, including various bonuses you can expect to claim!
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How Stripe Works as a Payment Method
Payment processing company, Stripe, was established in 2010 in California. Although officially known as Stripe, it can be found as Stripe Payments or even Stripe Credit Card Processing on multiple websites. As an aggregator, this payment method provides companies with one account rather than providing them with several merchant accounts.
Stripe has some pretty big-name investors, such as Elon Musk who is also an investor of PayPal. There are multiple other platforms apart from casinos that make use of this payment processing company such as Twitter, Lyft and Reddit.
Knowing that Stripe is affiliated with so many big names should give you ease of mind when choosing it as your preferred payment method. This pay-as-you-go payment makes use of a flat fee of 2.9% + 30 cents per transaction. The great thing about this payment is that there is no monthly or yearly fee.
Funding your online casino couldn’t be easier. Once you’ve found your favourite online Stripe casino that accepts players from India, you’ll need to register with the said casino. Afterwards, you can head over to the Cashier section, click on Deposit, and select Stripe.
You’ll then need to insert how much you’ll like to deposit into your account and fill in the necessary details as requested on-screen. You should just bear in mind that each casino will have various minimum and maximum deposit limits you need to take into consideration.
Withdrawing your online winnings is just as simple as the deposit process and quite similar to it too. Once logged in, you’ll need to head over to the Cashier section, click on Withdraw, select Stripe as your payment method and follow the on-screen prompts.
You’ll once again need to keep the minimum and maximum withdrawal limits in mind. Upon your first withdrawal, many online casinos will also take you through a verification process to ensure you are who you say you are. This will require you to share certain documentation with the casinos.
Fun Bonuses at Stripe Casinos
We’ve not, as of yet, been able to find an online casino that offers exclusive bonuses for players that make use of Stripe as a payment. However, this doesn’t mean you won’t get to benefit from the available bonus! When making use of this online payment method, you can reap the rewards of multiple casino bonuses.
While there are some casinos that restrict Stripe players from claiming bonuses, there are many out there that are happy to reward you with bonuses. You’ll just need to do some research beforehand to ensure the casino allows you to claim its bonuses when using Stripe.
Below you’ll find just some of the amazing bonuses you can use to your advantage. You should just take note that before claiming any bonuses, you should always read up on the terms and conditions that go hand-in-hand with each bonus. This is where you’ll see what the wagering requirements are, what games the bonus is viable for and what the expiry date of it is if any.
Can You Gamble Safely at Online Stripe Casinos?
You couldn’t be in better hands when choosing to play at online Stripe casinos! In addition to being audited by a PCI-certified auditor, they are also certified as a PCI service provider level 1. This is one of the highest levels of certification one can achieve in the payments industry. As part of Stripe’s commitment to maintaining a high level of security, they use some of the best-in-class security tools and practices.
However, just because they makes use of some of the best SSL encryption technologies does not mean you’re out of the woods. You will need to do your research on the casino you’re looking to play at and make sure that not only are they reputable, but that they are also licensed by the necessary regulatory bodies and make use of SSL encryption technology as well.
If you play at a reputable Stripe casino that holds a valid licence, then you can be guaranteed your online safety as the casino will do their best to protect your personal and financial information.
Pros and Cons
It’s always best to weigh out the pros and cons of something before committing to it. Luckily for you, we’ve gathered up some of the advantages and downfalls that Indian players can experience when making use of Stripe at online casinos.
If you find yourself a Stripe casino that accepts players from India, then we feel that you’ve found yourself a gold mine. The pros outweigh the cons by far. If you find an online casino that doesn’t allow players from India, you can easily make use of a trusted VPN.
Breakdown of Alternative Payment Methods
|PAYMENT METHOD||FEES||DEPOSIT TIME||WITHDRAWAL TIME|
|Netbanking||Depends on Casino||Instant||Up to 7 Days|
Overall Thoughts on Playing at Stripe Casinos
There is a lot on offer when playing at Stripe casinos, such as the amazing bonuses and a wide range of exciting games. Despite this, we feel that everything on offer at these casinos can be found at any other online casino that offers more popular payment methods for you to choose from, that would be less hassle.
If you find an online casino that accepts both Stripe and Indian residents, then by all means, you should definitely go for it! But, if you find yourself struggling to find the perfect Stripe casino, then you should consider a different payment that has more casino availability.
Frequently Asked Questions About Stripe Casinos
You can fund your stripe account with multiple payment methods including all major credit and credit cards.
No. Not all online casinos that offer Stripe as a payment method with support INR as a currency. You will need to do some research on the casino you want to play at and see which currencies are supported.
Yes! You can legally make use of Stripe to fund your online casino account or withdraw money from the online casino without having to worry about any repercussions.
Yes. You will not be able to receive any payouts if there is no linked bank account to your stripe account.
This depends on you. While stripe is a secure and trusted payment method, the casino you choose to play at might not be. You should always try to play at online casinos that are licensed by the appropriate regulatory bodies in order to guarantee your online safety.
While most of the online casinos do offer their customers amazing bonuses, there might be some Stripe casinos that don’t offer any bonuses to Indian residents.
Yes. This pay-as-you-go payment makes use of a flat fee of 2.9% + 30 cents per transaction.
This will ultimately depend on which casino you choose to play at, but some of the bonuses you might come across include free spins, welcome offers, no deposit bonuses and even cashback bonuses.
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