AstroPay India – A Guide on How to Open an Account and Deposit
As we chart a new course for a new decade, you must find secure and safe ways of funding online casino accounts and forex trading platforms. In light of this, more Indians are turning to payment methods that don’t require their bank account details to enjoy the perks these internet platforms have to offer.
AstroPay card checks all the boxes and allows transactions on international websites using local payment methods. What’s more, you can fund your account with Indian Rupees.
Are you intrigued yet? Let’s take a closer look at what AstroPay is, what it has to offer, and how you can use it for forex trading and online gambling.
Why use AstroPay?
Before we get to the why, let’s have a quick look at what it is and how it works.
Think of AstroPay as a virtual prepaid card company. It is owned by the AstroPay LLP Group and was founded in 2009. It has its headquarters in the UK, but it offers payment services to individuals all over the world. As a result of its widespread service, it offers multiple currency options, including USD, GBP, EUR, BRL, RMB, TRY, ARS, INR, JPY, and more. With such diversity, you can tell that the company’s focus is on convenience, ease of use, and user satisfaction.
The main product they offer is a virtual prepaid card. Since it’s prepaid, users need to decide how much they will deposit in the card. And the term virtual means you don’t get a physical card, but you receive card details similar to those on physical cards.
As a payment method, AstroPay basically acts as a middle-man between your bank account and your forex of the online casino account. This means that you get an added layer of security and privacy. All the transactions you complete with your AstroPay card, including the card balance, are recorded on your AstroPay account. Therefore, you need to log into the account to manage the card. But if you are on the road, you can download the AstroPay card app on your Android or iOS device.
With that said, below are the reasons you should prefer AstroPay:
- No local taxes – the AstroPay card avoids tax charges.
- Doesn’t need credit approval – AstroPay doesn’t mind if you have a bad credit rating. If you can fund the virtual card, then you can use the service.
- No payment rejections – provided you enter the card details correctly, the payment will be accepted.
- Secure – when depositing money, you don’t have to share personal banking details with your casino.
- Instant – the deposit you make reflects immediately.
- No fees – no transaction charges for the customer and registration is free.
- Sensible – with a prepaid card, your spending cannot get out of control since you can only use the money available.
- Accepted in India – many online casinos in India accept AstroPay India as a deposit method.
But it’s not all good. Unfortunately, many online casinos do not accept AstroPay as a withdrawal method. Therefore, if you want to withdraw your winnings, you’ll need to use a different payment option.
How to Use an AstroPay Virtual Card
To use the AstroPay card, you’ll first go through a series of simple registration steps. Below is a detailed overview of what to do.
Step 1: Open an AstroPay Account
To open an account, you can use the desktop website or download the AstroPay app from the Apple Store or Google Play Store.
On the website, choose your country if it doesn’t pick up on your location automatically.
Click on ‘Login’ at the top right corner and click on ‘I am new here, create an account’ at the bottom of the form.
In the next form, enter your details, including your email and name, and create a password. Before the process is complete, you’ll be prompted to review the terms and conditions that apply. Although it is good practice that you read these instructions, it’s not mandatory.
Step 2: Buy an AstroPay Card
Now that you have an account, you can proceed to buy a card. The process is easy and straight forward.
Click on ‘Buy Card’ and complete the checkout process.
From the page that follows, choose the card amount. The amounts you choose are either $5, $15, $30, $50, $100 or $200 or their equivalent in INR. And since you cannot reload the card after purchase, it’s important that you choose the amount carefully.
Click on ‘Continue’ to progress. On the next step, you’ll choose the payment method for the card purchase that you prefer. The payment methods available depend on the services available in your country. In your case, you’ll have the option to use;
- Google Pay
- Cryptocurrency, including Ripple, Litecoin, Ethereum, and Bitcoin.
We chose Neteller for this guide. Click on ‘Checkout’ to proceed to the last step.
Step 3: Select your AstroPay Casino or Forex Broker
Once you have bought an AstroPay virtual card, it’s time to choose an online casino or a forex company that you will join.
At this point, we should stress that even though there are many online casinos and forex brokers that accept AstroPay cards, not will suit your needs. Below are the top platforms in each industry that we recommend.
1. Pure Casino – The Best Indian Based Casino
Unlike most casinos operating in India, Pure Casino is only open to players in India and Bangladesh. The casino is run by Hero Island NV and has a license from Curacao. So far, Pure Casino follows in the footsteps of other brands under Hero Island, which only means great success awaits the casino at the finish line.
Part of the site’s allure comes from its extensive games portfolio powered by popular software gaming companies including:
- Evolution Gaming
- Play’ n’ Go
- Pragmatic Play
- Real-time Gaming
Frankly, it’s the extensive game collection that has players hooked to the platform. Pure Casino offers a choice of slot games, progressive jackpots, Blackjack, Roulette, scratch cards and Western table games. You’ll also fall in love with the Indian themed games category and to top it all, Pure Casino has over 71 live casino tables to choose from.
When you finally decide to join the platform, Pure Casino offers a generous welcome bonus. This bonus is a 100% match deposit capped at INR 10,000. This bonus is subject to a 35X wagering requirement, which is standard when stacked up against other platform offers. Aside from this, loyal players benefit from weekend promotions and bonuses.
To claim the welcome bonus, you can deposit money through several platforms, including cryptocurrency, Skrill, Neteller, Bank Transfer, CryptoPay, Litecoin, EcoBanq, Mastercard, AstroPay, and Visa.
And in case you get stuck, you can contact support through live chat or email. The support team will solve your problems with minimal delays.
- Supports multiple deposit options
- A wide range of games
- Indian theme games
- Low minimum deposit at INR 250
- It doesn't have telephone support
- No loyalty program
2. XM – Great for Beginners and Expert Traders
XM is touted to be the next-gen forex broker in the online forex trading industry. What’s more, XM Global Webtrade is presented as the best choice for both seasoned and beginner traders. On the platform, you can choose to start with a real trading account or, like most beginners, use a demo account to test the waters. The demo account comes with $100,000 virtual money. Some of the many perks of the XM platform is that it has no hidden fees; it features auto trading and executes its orders fast. Usually, 99.35% of the trades are completed in under a second.
XM Global started operations in 2017 and has a license from the IFSC. To date, it has over 1.5 million clients from over 196 countries. To gain so many people, XM focuses on being human, fair, and big. As a result, the company has great customer service. The support staff employ a customized approach for every client that reaches out, enhancing the experience even further.
Now, the real and demo accounts both use the MetaTrader 4, which supports stop, market, limit, and trailing of orders. On the other hand, it also has MetaTrader 5, which supports access to precious metals, stock indices, and stocks. The good news is that both platforms are available on iOS and Android devices.
On XM, you can trade over 1000 financial instruments, including Stock CFDs, Forex Trading, Precious metals CFDs, Equity Indices CFDs, and Energies CFDs. The forex trading comes in over 55 pairs and includes JPY, EUR, GBP, and USD pairs. Unfortunately, it doesn’t offer futures of binary options.
- Has a full-service education on forex for beginners
- Excellent customer support and experience
- Supports multiple languages
- Support is only available on weekdays
- The accounts are almost identical
Step 4: Fund Your Online Casino and Forex Accounts
Now that you’ve settled on the platforms to use and have an AstroPay card, here’s how to fund the respective accounts.
First, you need to log into your account.
Next, navigate to the deposits page usually labelled ‘Payments’ or ‘Deposits.’ From the menu that pops up, select AstroPay Card payment.
This option will take you to a page where you will enter the AstroPay virtual card details including:
- Card number
- Security code
- Expiration date
- Deposit amount
You will have to specify the amount you need to deposit.
Once this is done, confirm your payment, and the money will be available immediately in your account.
The first step is creating an XM account. For purposes of this guide, we created a real account. However, if this is your first-time forex trading, we urge you to start with a demo account. Use the money and the educational resources to learn the ropes before finally upgrading to a real account. Once you create an account, you’ll receive a code that you will use to log in.
To deposit funds into XM, click on ‘deposit’ and then navigate to AstroPay. When you click on the payment method, you’ll need to enter the AtstroPay card details, just like you would with a physical card, specify the amount to deposit and then check out.
Step 5: How to Withdraw Funds to AstroPay
Unfortunately, AstroPay doesn’t support withdrawals from the casino account. This is primarily because the AstroPay cards do not support reloads. Once the virtual card is loaded, you have to use it within a year.
However, for the few online casinos and forex brokers that support withdrawal, the process involves buying a new AstroPay card. The process is as follows;
- Click on ‘Withdrawal’ on the platform.
- For XM, choose the trading account to withdraw funds from and then specify the currency and the amount to withdraw. Click ‘Next.’
- A summary of the transaction will popup. Enter the verification code that’s sent to your email or SMS depending on the security protocol you setup. Click ‘Confirm Withdrawal.’
- This process will have AstroPay issue a new card. After confirmation of the withdrawal transaction, you’ll have two options to receive the new card details via the AstroPay app or on email.
- Choose whichever option suits you best and confirm the request.
The withdrawal should reflect in your new card in a couple of minutes.
Step 6: How to Withdraw from AstroPay to your Bank
For the withdrawal process, you can complete the process directly from the AstroPay app. You can send the remaining balance to your bank account provided you bought the card from an AstroPay partner site or directly from the company.
AstroPay Card Expenses
You’ll be pleased to note that creating an AstroPay account is free, and you don’t need annual maintenance. There are also no card fees of charges for deposits to casinos and forex brokers. However, you might experience fees imposed by the broker, online casino, and banking institution.
There is no doubt AstroPay offers a unique way of completing online payments and though the platform offers a new layer of safety and security to online payments, it has some restrictions, including the fact that the virtual cards are not reloadable. As such, not all casinos support withdrawal to AstroPay cards.
All in all, it is a great option for those looking for a new payment method and those who don’t want to use bank accounts for online transactions.
Our Recommended AstroPay India Casino
- Biggest Choice of Slot Games, Progressive Jackpots, Blackjack, Roulette and Western Table Games
- Has over 71 live casino tables to choose from
- Great Welcome Bonus - 100% Match Deposit of Up To ₹ 10,000
- Supports AstroPay, Neteller, Skrill, Cryptocurrency, Bank Transfer, EcoBanq
Our Recommended AstroPay India Forex
- Highly Adaptive Trading Platform And a Friendly User Interface
- Fastest Trade Execution Speeds, Eliminating Requotes And Slippage
- Highly Attractive Leverages of 1:888
- Has a Full-Service Education On Forex for Beginners
Can I use AstroPay as a payment method on mobile casinos?Yes, you can. AstroPay can be used on multiple mobile devices, including tablets and smartphones. AstroPay has an app that integrates perfectly with mobile casino punters.
What are the minimum and maximum amount limits for a deposit?The minimum amount you can deposit into your AstroPay Card account is $5, and the maximum is $200 (or their equivalents in INR).
Do I qualify for a forex broker and online casino promotions and bonuses?Yes, as a legit payment method, you can claim bonuses of monies deposited through the AstroPay card. However, you need to read the fine print before jumping in on the platform. On the bright side, some online casinos offer extra promotions to players who use AstroPay to encourage its use.
What are the alternatives to AstroPay?You should think of AstroPay cards like virtual prepaid cards. This way, you get to learn of numerous payment alternatives in the same category, including PaySafeCard. Aside from this category, other options include e-wallets, gift cards, cryptocurrency, debit and credit cards, and more.
Where can I see my AstroPay card data?Once you purchase your card, you'll get an email with the card details. Alternatively, you can check for these details through your account under 'My Cards.'
Does the AstroPay Card have an expiration date?Unfortunately, it does. Each card lasts for 12 months from the date of purchase. Any money that is not spent before expiration is retained by the company.
Can I receive the card at my house?No, you cannot. The AstroPay Card is a virtual card. As such, all relevant card details are sent to your email.
Can I make multiple deposits to my online casino or forex broker account?Yes, you can if you have enough funds. However, once the funds are depleted, you will have to purchase another card for your transactions.
ThaduesView all posts by Thadues
Thadeus Geodfrey has been a contract writer for Lernbonds since 2019. As a fulltime investment writer, Thadeus oversees much of the personal-finance and investment-planning content published daily on this site. With a background as an iGaming expert and independent financial consultant, Thadeus’s articles are based on years of experience from all angles of the financial world.Scroll Up