Following the announcement made by the UK Gambling Commission in January 2020, the use of Visa credit cards at online casinos and sports betting websites has been banned. The ban comes into effect immediately as of 14/04/2020. All UK-licensed casinos have disabled funding and withdrawing using Visa credit cards, including the funding of e-wallets. Visa debit cards will remain active, players can continue to safely deposit and withdraw using their Visa debit card with no restrictions.
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In fact, not only do online casinos tend to accept Visa as a payment method, but there are several Visa Online Casinos that will reward players for using Visa when making deposits by offering an extra deposit bonus.In short, Visa Online Casinos are not very hard to find and they normally allow both deposits and withdrawals using Visa.
Because of this, there are countless Visa Online Casinos out there, which gives Visa users the opportunity to pick and choose – according to the lowest house edge, the best games, the best promotions, the safest, etc. – from among the best online casinos on the web.
First of all, it is good to note that Visa facilitates online casino banking through its wide product range. Visa offers credit cards, debit cards, pre-paid cards and gift cards and each of these comes with its own strengths and weaknesses when banking at Visa Online Casinos. For example, while the pre-paid card and gift card allow the player to set limits on his or her bankroll at the outset, they are not normally allowed by Visa Online Casinos for making withdrawals. Please note that as of 14/04/2020, the use of Visa credit cards has been banned from UK-licensed online casinos.
So each player must weigh his or her options carefully when picking the ideal Visa product to suit his or her needs. But regardless of the Visa product you choose, the process by which to bank at Visa Online Casinos is more or less the same. Here, we go through the process of banking at Visa Online Casinos using a Visa debit card.
Making a deposit is just like purchasing anything else online. Your first step would be to access the cashier section at your Visa Online Casino of choice and select Visa as a banking option. You will then be asked to enter your debit card details, which would include the sixteen-digit number on the face of your Visa card, the expiry date, the cardholder’s name, and the three-digit CVV number at the back of the Visa card. Once you’ve entered the card details, you’ll be asked to specify the amount you wish to deposit into your Visa Online Casino account, and once you confirm the deposit, you should receive a pop-up message stating that your deposit has been processed successfully.
Making a withdrawal is even easier, as it does not require you to re-enter your card details. Simply access the cashier section at your Visa Online Casino of choice, select Visa as a withdrawal option, specify the amount you wish to withdraw, and wait for the transaction to be processed. It’s as easy as that.
One of the major advantages of using Visa to bank at online casinos is the transaction processing speed involved. Deposits from your bank account to your Visa Online Casino account, once approved, should take place instantaneously, meaning that players affecting a deposit into an online casino account using a Visa should be playing their favourite casino games within minutes of making that deposit.
Withdrawal speeds when using Visa are also relatively fast. While players would normally be made to wait for up to ten business days when cashing out using methods such as Bank Wire Transfers, or up to 5 business days when withdrawing through some e-wallets, withdrawals using a Visa would normally only take up to three business days to be processed. In many cases, Visa withdrawals will only take two business days to be processed and there are some casinos that will even process Visa withdrawals instantaneously. This depends on your Visa Online Casino of choice, and if transfer times are a major issue for you, we suggest you take the matter up with your chosen Visa Online Casino prior to making a deposit.
Visa Online Casinos are among the safest online casinos on the internet. Despite many players’ anxiety associated with using credit cards at online casinos, it is actually safe to do so. Any online casino worth its salt uses advanced SSL encryption technology and the latest firewalls to protect users’ sensitive personal and banking information.
So, yes, you’d have to exchange your credit card details when opting for a Visa Online Casino, but you may rest assured that your information is safe and with Visa, you’re always in good hands should a situation arise.
As we stated earlier, Visa Inc. does not actually issue Visa cards directly to Visa users. Instead, it always uses third party banks to whom it provides the rights to issue cards under its brand name. In other words, any Visa holder would always have gone to his or her local bank in order to acquire his or her Visa card. Because this is always the case, it is recommended that users who wish to gain client support when an issue arises seek support from the institution that would have issued their Visa card in the first place. This is because people tend to have developed personal relationships with their local bank, who in turn is always willing to help when credit card or debt card issues arise for their clients.
Having said all this, Visa Inc. does provide direct client support and the relevant information is listed on the company’s official website. On its ‘contact us’ page, Visa Inc. lists a number of direct links for users requiring different issues to be dealt with. It also lists international toll-free helpline numbers for users to make use of should they require it. In short, with a Visa card in your pocket, you may rest assured that you’re well taken care of.
We find it hard to believe that there is any web surfer that has not yet heard of Visa, but here’s a brief introduction to the financial conglomerate. Visa Inc. is an American financial giant with a worldwide reach, with its headquarters situated in California, USA. Visa’s primary business involves the facilitation of electronic fund transfers by means of its issued credit cards and debit cards.
The company has been around for just under 60 years (est. 1958) and was first established under the name BankAmericard by the Bank of America. Today, Visa is a publicly traded company on the New York Stock Exchange which last year, registered a total net income of over $6.3 billion. Its operations span across the whole of Europe and Africa, Central, North and South America, Australia, Oceania, India, the Asia-Pacific and the Caribbean!
Although its primary business involves the facilitation of electronic fund transfers through its credit and debit cards, Visa does not actually issue cards itself. Instead, it uses third party financial institutions that are licensed to issue cards with the Visa brand name.
In many markets across the world, Visa is the first bank card brand name to come to the average person’s mind. In fact, in 2009, there were 62 billion financial transactions processed by Visa Inc. worldwide and these totalled over £3 trillion.
Players who opt for a Visa Online Casino have a lot going for them. Firstly, they’ve got a wide product range to choose from, with each option having its own particular strengths and benefits. Secondly, with Visa being such a popular online payment method, users have an array of Visa Online Casinos to choose from.
Thirdly, banking with Visa is safe and secure, not to mention relatively fast. Fourthly, the process by which to bank using a Visa is very simple and not unlike making any other online purchase. Fifth, there are ample rewards in the form of extra deposit bonuses at several Visa Online Casinos for players to increase their bankroll and even decrease the house edge.
If you want a hassle-free banking experience at online casinos, Visa Online Casinos are certainly the way to go.