VISA credit cards are the most popular bank cards in the world. They are applied to make purchases both in real life and online. The user does not need any side services, which might take additional fees for transactions, while the operations of topping up are almost instant.
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It is enough to fill in the card number, the details about a cardholder, and CVV code. After this, the deposit is done. 99% of the casinos accept this deposit method.
It should be mentioned that recently some of the banks have started to forbid making deposits and withdrawals in the casino. One gambler can have no troubles with the operations, while the other one has them. It is better to issue a debit card. It provides the users with the opportunity to fulfill any payments on the Internet.
VISA’s advantages:
- The high speed of transactions,
- Reliability and security,
- Popularity,
- The high level of users’ support,
- The ease of transactions and the opportunity to make purchases on the Internet and in any shops with no cash payment,
- The opportunity to get the money through any ATM or to transfer the money to the account of any payment system.
VISA’s disadvantages:
- The necessity to pass the verification of the payment system (it takes about 3 minutes),
- The transactions are not anonymous,
- The fees for the withdrawals from some casinos are high,
- It is required selecting only reliable casinos because, in a case of hacking, the fraudsters will be able to use your personal data and financial information to steal your money,the withdrawal from the casinos usually takes up to 3 days.
How can you replenish VISA card?
You can top up a card in any bank office, through the bank terminal, by means of the card issued by the other bank or from the account of any electronic payment system.
While casinos are apprehensive towards Visa credit cards, they are more accepting of gift cards. Because casinos want to appeal to a larger audience, they have opened their doors to accepting gift cards.
Out of all the gift cards, the most popular used amongst players is Visa and MasterCard.
Since we’re talking about a virtual card here it works in a similar fashion to other e-wallet types of payment methods.
Though there are some differences worth noting. The biggest is that Visa’s virtual cards use advanced encryption. This means that in the event of a security breach for whatever reason, your data will be safe.
Regardless, to make the deposit, you’ll need to fill in some credit card data. It’s a simple, safe, and secure method so no worries there.
First off it’s worth noting that prepaid cards overall don’t accept huge payments. In other words, if you are depositing large sums of cash you may be denied at the transaction.
When it comes to getting any sort of winnings though you’re on your own. Unfortunately, the nature of prepaid cards, in general, makes casinos hesitant to paying out to prepaid cards at all.
Even though these cards are secure, most prepaid cards you pick up at the store are not connected to bank accounts.
Why does this matter?
Well, a casino needs to know your banking information in order to do any kind of transfer. That’s hard to get from a prepaid card that anyone can pick up and use.
While gift cards are cool, the actual credit cards have gotten a lot of restrictions over the years. At least in terms of online casinos.
In terms of online gambling, regular credit cards are riddled with multiple chargebacks and fraud. People make a deposit with a credit card, gamble way too much, lose and then spend more trying to get it back.
To avoid those sorts of scenarios, casinos are better off denying actual credit card users to deposit funds and look for other sources. Specifically, those that have a fixed amount like gift cards or other accounts that are hooked to a bank account.
No, it can’t. As mentioned above a casino can never put money back into a gift card. Though this is a virtual card we’re talking about, it behaves the same way.
How you got this card in the first place was that you applied for one online through Visa. Most of these virtual cards are not connected to a bank account so casinos will have a tough time moving money to that account.
Troubles with VISA application in online casino
The key thing is to play only in the reliable casinos, then, you will hardly face any problems with the security of your money on a card account.
Never use a VISA card owned by the other cardholder and never replenish the card owned by the other person from your card. The security service of the casino will find out this fact, which will lead to such problems as blocking your deposit and your account.