Finding an online casino not willing to accept VISA deposits is a rare thing; this global leader is welcomed throughout the online gaming world and frequently favored by both players and operators over its main competitor MasterCard.
One can track VISA’s origins back to 1958 when Bank of America launched the first consumer credit card program. International expansion started in 1974, and the first debit card hit the market one year later.
The company has since continuously grown to become the No 1 in the global card market. They reached 1 billion issued cards in 2001 and increased this number to as many as 3.3 billion cards by the end of 2017.
Today VISA operates in more than 200 countries and its accessibility makes it one of the most frequently used online payment tools.
The company’s portfolio includes a number of credit, debit, prepaid and gift cards. Their credit card range alone counts 30 different products tailored to clients’ needs and preferences.
VISA’s mobile platform was first launched back in 2008, and since 2014 Visa Checkout offers customers on the go a safe and easy way to pay online via any device. Instead of having to pull out a card from a physical wallet, the new solution has enabled them to execute transactions with nothing more than a username and password.
Users need only create an account once and can then go through checkout with a single login instead of having to re-enter card details every time they wish to pay. The company also provides a wide variety of special offers related to travel, dining, shopping, sports, entertainment and more.
A whole range of advanced security measures is what keeps your private information and your money safe. An embedded microprocessor protects payments by generating a unique, one-time code, so that even if your data gets stolen, it’s nearly impossible for hackers to use them for creating a counterfeit copy of the card.
Encryption protects data travelling through the payment system, an easy way to track spending allows cardholders to quickly identify suspicious transactions, and the company’s sophisticated anti-fraud detection system uses predictive analytics to identify potentially fraudulent activity in real-time. Verified by Visa makes online purchases even more secure by ensuring that payments are made by the actual account owner.
The system normally works behind the scenes and will only ask for additional confirmation in case of a doubt, such as when using a new device or making an untypically large purchase.
As industry leader, Visa continuously pioneers innovations and markets new and better technology-enabled solutions. One such example is a pilot of biometric payment card launched in the US to test the use of fingerprint as an alternative to PIN and signature authentication.
Making a VISA casino deposit to play slots online is no different to using the card to pay for any other kind of products and services online; if you’ve purchased a single item over the internet, you’ll know how to fund your casino account without any additional instructions.
Start off by selecting VISA among offered payment options, and then input your card number and expiration date, your name as it appears on the card, and finally the 3-digit CVC security code displayed on the back. All that remains is to choose deposit amount and seconds later you’ll be able to place real money wagers.
Making a VISA withdrawal is just as simple: decide how much you want to cash out, enter the same card details as above, and verify the information.
Following the casino’s processing period, it will take between 2 and 7 days for funds to reach your credit card. Online operators tend to favor VISA and frequently make it available for both deposits and withdrawals. In a rare event the latter is not available, you’ll be offered more than one alternative option to use as a cash-out tool.
There aren’t any major disadvantages to using credit cards for online casino payments unless the site in question doesn’t support them, but with VISA that almost never happens. Even when MasterCard is a deposit-only option, you’ll find VISA available for moving money either way.
The process itself is easy and quick, requiring nothing else than the actual card. Many players consider this to be a major advantage over 3rd party providers such as Skrill and Neteller which require that you set up an account before you can use their services.
The only downside is that eWallets tend to transport the cash a tad faster than any credit card, but once the money arrives, you can pick it up at any ATM in the neighborhood. VISA’s multiple advanced security measures safeguard your cash throughout the payment process.
You’ll find the casino’s transaction limits attached to VISA much friendlier than for other banking methods and payments are usually fee-free.