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19998 UPI deposit not credited despite beneficiary bank confirming credit


3 weeks ago
I am filing this complaint regarding a UPI deposit of ₹19,997.98 made to Stake on 7 June 2026. The amount was successfully debited from my bank account, but it was not credited to my Stake wallet.

Transaction details:
Amount: ₹19,997.98
Date: 7 June 2026
UTR: 652400504495
Stake Transaction ID: 3515240124

I contacted Stake Finance regarding this issue. Stake initially stated that they had not received the payment and advised me to contact my bank.

I subsequently contacted my bank and requested an investigation. My bank contacted the beneficiary bank regarding the transaction. According to the information provided by my bank, the chargeback request was rejected because the beneficiary bank confirmed that the beneficiary account had been credited manually after reconciliation.

Therefore, there is a discrepancy between Stake’s statement that the funds were not received and the information provided by the banking side that the beneficiary account was credited after reconciliation.

I have already provided the transaction details and followed the instructions given by Stake, but the issue remains unresolved.

My request is that Stake investigate this transaction with its payment provid­er/­rec­onc­ili­ation team using the UTR 652400504495 and either credit ₹19,997.98 to my Stake account or provide clear evidence showing where the funds were ultimately credited.

I am attaching the relevant email correspondence and banking evidence supporting my claim.

I kindly request AskGamblers to assist in mediating this unresolved payment dispute.

Discussion

User name

Following a careful review and consideration of all the information, details, and proof presented by the parties during the complaint process, the AskGamblers Complaint Team has reached the conclusion that the disputed amount never successfully reached the casino's payment provider. Consequently, the casino has no means to track or recover the aforementioned funds. We strongly advise the player to seek further assistance directly with their bank or financial institution. Based on this confirmation, the AskGamblers Complaint Team considers this case resolved, and it is now officially closed. While we understand this may not be the outcome expected by the complainant, we would like to remind you that, in case of a disagreement with our decision, further assistance on the matter could be requested from the relevant regulatory body and/or appointed Alternative Dispute Resolution (ADR) entity.

User name
Dear Shivam S.,

As communicated through the relevant escalation ticket and via email, our payment provider has completed its investigation into Transaction ID 351*****24 and confirmed that the funds were not received by them.

We acknowledge the information you have provided regarding the outcome communicated by your bank and the beneficiary bank. However, following the investigation carried out by our payment provider, no corresponding funds have been identified on their side.

Given the discrepancy between the information provided by your bank and the findings of our payment provider, and considering that you have already contacted your bank regarding this transaction, we kindly ask you to request that the matter be formally escalated to the appropriate department in accordance with the applicable RBI guidelines.

As the funds were not received by our payment provider, we are unfortunately unable to credit the transaction from our side.

Thank you for your understanding.

Kind regards,

Stake Casino India Complaint Stats

Resolved 185 / 185
Avg. Amount $261
Avg. Complaint Duration 9 days
Avg. Response Time 2 days

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