Khipu

Khipu has become one of Chile’s most recognizable digital payment names, bridging the gap between banks and the online economy since its launch in 2011. Built by local fintech entrepreneurs Roberto Opazo and Emilio Davis, the service was designed to simplify transfers by letting people pay directly from their bank accounts with a few clicks. More than a decade later, Khipu has grown into an open-finance company with millions of monthly transactions, trusted not only for e-commerce but also for casino deposits and other online payments. Its appeal lies in a mix of speed, transparency, and the security of two-factor bank authentication, making it a preferred option in Latin America’s fast-expanding digital betting market.

Khipu

Number of Games

Type

E-wallet, Mobile Payment

Fees

0.9%-1%

Processing time

Instant

Casinologia/Khipu

Alex Yanev

Specialist Content Contributor

18.09.2025

Updated

Key Facts

Company

Khipu Corporation SpA

Headquaters

Santiago, Chile

Established

2011

Number of users

2,000,000+

Khipu Markets:

Argentina

Bolivia

Chile

Online Casinos Accepting Khipu

Many casinos targeting Chile and Latin America list Khipu in their banking options. Its reach is broad, with millions of users and thousands of merchants already connected. For players, deposits clear instantly, and for casinos, offering Khipu means tapping into a trusted local system.

Below is the casino listing that highlights where Khipu is accepted.

Filter

Casinos: 0

Bonus Amount

500

Free Spins

500

Welcome Bonus Percentage

100

Total Bonus Percentage

200

Bonus Types

Software Provider

Payment Method

License

Languages

Accepted currency

Live Game

0 / 0 0%

What Is Khipu and How It Dominates Online Casino Payments?

Khipu SpA, founded in 2011 in Santiago by Roberto Opazo and Emilio Davis, is a Chilean open-finance company that built its name on simplifying bank transfers. It connects players directly to their banks through a secure interface that uses a personal PIN and two-factor authentication. Reports estimate over three million users in Chile alone rely on Khipu each month, with more than 2,500 businesses accepting it for payments. In gambling, the method stands out because deposits settle instantly in local currency without conversion fees or extra charges from the casino. Banks may apply a small transfer fee, but for most players the service is effectively free. By combining speed, scale, and low cost, Khipu has positioned itself as one of the most practical payment choices for online casino deposits in Latin America.

Interesting Facts About Khipu

Khipu has grown from a local startup into one of the most trusted financial tools in Chile and is now expanding its influence across Latin America. The company has managed to embed itself into daily life, powering payments for everything from cinema tickets to government services. Its connection to local culture, innovation in open finance, and role in shaping digital payments in Chile make it more than just another bank-transfer tool.

Founded in 2011 by Roberto Opazo and Emilio Davis in Santiago, Chile
The name “Khipu” comes from the ancient Andean system of knotted cords used for record-keeping
Serves more than 2,500 businesses, including cinemas, utilities, and online platforms
Handles millions of transactions each month, with over three million users in Chile alone
Expanded to Argentina and Bolivia, aiming to cover more of Latin America
Introduced open-finance services such as scheduled payments and financial APIs
Partnered with Western Union in 2024 to strengthen cross-border money services
Once clashed with BancoEstado, one of Chile’s largest banks, but resolved the issue through a cooperation agreement in 2023
Plays a key role in helping Chile prepare for regulated online gambling, as lawmakers move closer to legalizing and taxing web-based betting

Is Gambling with Khipu Legal?

Khipu itself is a legal payment processor, and using it is no different than making a standard bank transfer. The legality comes down to the casino’s license and the laws of the player’s country. In Chile, regulation of online casinos is still being finalized, while in Argentina certain provinces already license operators. Khipu transactions remain lawful, but players must check if the site they use operates under valid rules.

🌍 Khipu Gambling Legality by Region

Region	Khipu Use for Gambling	Notes
Chile	Widely used for deposits	Online casinos not yet fully regulated, but new legislation is advancing. Khipu is legal as a payment service.
Argentina	Available in provinces with regulated casinos	Provincial laws apply. Some regions allow licensed operators, others rely on offshore sites.
Bolivia	Limited but growing presence	Khipu has expanded into Bolivia, though gambling market integration is still early.
Rest of LatAm	Rarely supported	Outside Chile and Argentina, most casinos do not list Khipu as an option.
Europe/North America	Not supported	Khipu is a local solution with no reach in foreign regulated markets.

Fees, Delays, and Hidden Costs

Khipu is built to keep payments fast and inexpensive. Deposits reach the casino account instantly, and in most cases players are not charged extra fees. The transfer happens in local currency, which avoids conversion costs. Banks may charge a small handling fee, but this is usually minor. The only drawback is that many casinos allow Khipu for deposits but not for withdrawals, which forces players to pick another method for cashouts.

Deposits post instantly with no delays
Most casinos apply no added fees
Transactions stay in local currency, avoiding conversion costs
Small bank fees may apply depending on the institution
Withdrawals are often unsupported, requiring another payout method

How to Use Khipu to Gamble Online

Depositing with Khipu is quick and secure. The process takes place through your own bank account, with Khipu acting as the bridge that confirms and clears the transfer instantly.

Step 1

Choose Khipu in the Casino Cashier

Log in to your casino account
Go to the deposit section
Select Khipu from the list of payment methods

Step 2

Enter Deposit Amount

Type in the amount you want to deposit
Confirm the amount before continuing

Step 3

Redirect to Khipu Secure Page

The casino redirects you to Khipu’s secure payment portal
Choose your bank from the list

Step 4

Log in to Your Bank

Enter your online banking credentials
Confirm access through your bank’s security system

Step 5

Authorize the Transfer

Approve the payment using two-factor authentication or PIN
Double-check the recipient and amount before confirming

Step 6

Instant Deposit Confirmation

Funds appear in your casino balance right away
You can start playing immediately

Step 7

Withdrawals (When Supported)

Open the withdrawal page in the casino cashier
Select Khipu if available
Enter the amount and confirm, subject to KYC checks

New Online Casinos That Accept Khipu

casino icon

New operators targeting Latin America often add Khipu early to attract players in Chile and Argentina. Since millions already use it for everyday purchases, listing it in the cashier gives casinos immediate credibility with local audiences. The integration process is simple, and fintech partnerships make it easier for new sites to plug Khipu into their platforms. For players, this means that most modern casinos serving the region now highlight Khipu alongside cards and e-wallets, ensuring fast and familiar deposits without added setup.

Below is the list of new casinos that accept Khipu.

Sportsbooks That Accept Khipu

sports betting icon

Sports betting sites that focus on Chile and Argentina frequently include Khipu among their banking options. Gamblers can move assets from their bank accounts directly into their sportsbook wallet in seconds, which makes it easier to place wagers without card details or third-party wallets. This local trust is key for bookmakers trying to reach Latin American users, and for players it removes the friction of international transfers. The one limitation is that cashing out with Khipu is less common, so most users deposit with it but withdraw through another method.

Check them out below:

Live Casinos That Support Khipu Payments

live streaming

Live dealer platforms also integrate Khipu in the same way as standard casino sites. Players can fund tables like blackjack, roulette, or baccarat instantly by approving a transfer through their bank. The process mirrors any other Khipu payment, making it straightforward for those who already use the service in daily life. Casinos benefit by offering a local method trusted by millions, while players gain a secure way to load their accounts without exposing sensitive card details. Withdrawal options remain limited, but deposits are seamless and fast.

Below is the list of live casinos that support Khipu payments:

Khipu Gambling Compared to Other Banking Methods

comparison icon Khipu works like an instant bank transfer, which sets it apart from credit cards and e-wallets. Deposits clear faster than traditional bank wires and carry lower costs than international cards, since payments stay in local currency. Unlike e-wallets, no separate account or balance is required, and security is handled directly through the player’s bank. The main trade-off is that withdrawals are not widely supported, while cards and some e-wallets usually allow both directions. For players in Chile and Argentina, the convenience of instant deposits often outweighs this drawback.

Khipu vs. Other Payment Methods

Criteria	Khipu	eWallets	Cryptocurrencies
Deposit Speed	Instant	Instant to a few minutes	Instant to a few minutes
Withdrawal Speed	Rarely supported	Often within 24 hours	Often within minutes
Fees	Usually none, possible small bank fee	Possible service fees	Network and exchange fees
Currency	Local (CLP, ARS)	Multi-currency	Digital coins only
Availability	Mainly Chile and Argentina	Global	Global
Security	Bank login + 2FA	Account + password, sometimes 2FA	Blockchain with private keys
Chargebacks	Not available	Limited	Not available
Ease of Use	Very simple, no extra account needed	Requires creating and funding an account	Requires wallet setup and understanding of crypto
Casino Bonuses	Usually accepted	Sometimes excluded	Usually accepted but varies

Khipu Card Types Compared – Credit vs. Debit vs. Prepaid

credit card icon

Khipu does not issue cards, so the usual split between credit, debit, and prepaid does not apply. Instead, it acts as a direct channel between your bank account and the casino. This design removes interest charges, balances, or top-ups. Every payment is an immediate transfer of funds you already hold, making Khipu closer to a real-time debit system than any card product.

No credit option, payments only use existing funds
No debit card, but functions like instant bank debit
No prepaid balance or reload system
Always tied to a linked bank account
Works only with local currency transfers (CLP or ARS)

Security, Chargebacks, and Disputes: How Safe Is Khipu for Online Gambling?

Khipu payments run through a player’s bank account, which means the same login, PIN, and two-factor authentication protect every transfer. This direct link makes unauthorized charges highly unlikely, since no payment is processed without explicit approval. All transactions are encrypted and confirmed in real time, reducing the risk of fraud or data theft.

The main limitation is the lack of chargebacks. Unlike credit cards, once a Khipu payment is sent, it cannot be reversed by the bank. Disputes with casinos must be resolved through the operator’s support team or regulatory channels. This setup places extra importance on choosing licensed, reputable casinos, where the likelihood of needing a reversal is minimal.

Payment Transparency – Are Khipu Casinos Clear on Terms?

Most casinos that list Khipu present their terms openly, but players should still review the details before depositing. Limits, fees, and bonus eligibility vary, and understanding these points helps avoid surprises later.

Transparency

Casinos usually state minimum and maximum deposit amounts for Khipu
Information on fees, if any, is published on the cashier page
Bonus eligibility rules are normally listed in the promotions section

Clarity

Payment pages outline processing times, which are typically instant
Terms often specify if Khipu deposits qualify for promotions
Some casinos make clear that Khipu is deposit-only

Terms

Standard deposit limits apply, often starting at a low threshold
Withdrawals may require a different method if Khipu is not supported
Verification (KYC) is needed before withdrawing by any method

Disputes

Khipu itself does not offer chargebacks
Disputes must be raised with the casino directly
Licensed casinos provide regulator or mediation contact details for unresolved cases

Philosophical Note – Should Rational Gamblers Use Khipu?

Khipu promotes a style of play grounded in control. Since deposits draw only on existing bank funds, players avoid the debt risks tied to credit cards. The instant process removes waiting times but also places responsibility on the gambler to manage their bankroll wisely. Without chargebacks, mistakes are final, so discipline matters. For those who value simplicity, security, and spending within their means, Khipu aligns well with a rational approach to gambling.

Online Casinos Accepting Khipu – FAQs

Yes. Deposits are completed as soon as the player authorizes the transfer in their bank. The funds reach the casino wallet right away, which allows immediate play. If there is any delay, it usually comes from the casino’s internal processing, not from Khipu.

Some casinos allow withdrawals through Khipu, but many treat it as deposit-only. In those cases, players must select another payout variant, such as a direct bank transfer or e-wallet. When Khipu withdrawals are available, the casino will require identity verification before approving the payout.

No. Casinos do not add hidden charges for Khipu transactions. Payments move in local currency, avoiding conversion costs. Some banks may charge a small handling fee for transfers, but this is usually minimal and displayed upfront.

In most casinos, Khipu deposits count toward welcome or reload bonuses. Each casino sets its own rules, so players should always confirm that Khipu deposits meet the requirements. Reading the promotion terms or asking support is the safest way to check.

The casino only receives confirmation that the payment succeeded, along with basic transaction details such as name and amount. Bank login credentials, PINs, and account balances remain private. The sensitive steps happen inside the secure Khipu environment, not on the casino’s servers.

No. Khipu is a regional service with focus on Chile and Argentina. It will only appear at casinos that target those markets. In Europe, North America, or Asia, players will not find Khipu as an option.

Khipu is very secure because each transfer requires bank login and two-factor authentication. This makes unauthorized use nearly impossible. The downside is that unlike credit cards, Khipu does not support chargebacks, so payments cannot be reversed once approved.

The main issue is the lack of withdrawal support, which forces players to switch methods for payouts. Occasionally, a bank update or downtime can interrupt Khipu access, though these cases are rare. Past disputes with certain banks caused temporary blocks, but they have been resolved through agreements.

Khipu does not have a built-in block, but some banks allow customers to restrict transfers to certain categories. Players who want to limit gambling spend need to set restrictions with their bank or use the casino’s responsible gambling tools.

Yes. Transactions appear as standard bank transfers, often labeled with Khipu or the merchant’s name. Anyone reviewing the statement will see the amount and the payment reference.

Check that you selected the correct bank and entered the right details. Make sure you have sufficient funds and that your bank is not experiencing downtime. If the transfer fails again, contact the casino support team. They can confirm if the issue lies with their system or if another payment option is needed.

Alex Yanev

Specialist Content Contributor

Alex is a dedicated casino reviewer and writer with a fascination for the intersection of logic, philosophy, and gaming culture. Influenced by classical thinkers like Aristotle and Socrates, he brings clarity, depth, and structure to every review, transforming complex systems into accessible insights. With a research-driven mindset and a refined writing style, Alex aims to elevate the conversation around online casinos. When off duty, he finds inspiration in cinema, travel, and the quiet patterns of everyday life, believing that curiosity is a full-time vocation, not just a job description.