Major credit and debit cards have long been a popular method of banking when it comes to online casino players, with Visa being perhaps the biggest operator in this area. The convenience and security of visa cards means that they handle a large proportion of deposits and withdrawals in the UK, with transactions being processed easily and quickly too.
Visa cards are accepted by almost all online casinos today, with players simply having to add their card information in order to make an opening deposit. Deposits made using this method are instant, allowing players to gain instant access to their money and the variety of games in which their bookmaker offers. Meanwhile, the UK Consumer Credit Act means that any payment over £100 is protected against scenarios such as casinos going bankrupt or losing your cash.
Visa cards are also used to process a large number of withdrawals, with casinos generally recommending that players use the same method when it comes to both depositing funds and withdrawing winnings. Those who deposit using visa and then look to withdraw using an e-wallet will often find that transactions take longer and they are required to give a greater amount of information.
A large number of banks in the UK now treat deposits with online casinos in the same way as they do with cash advances, meaning that they do not enjoy the same interest free period as regular purchases and sometimes come with an additional fee. As a result, it is recommended that players check with their bank before using Visa cards online. Meanwhile, some Visa cards will not be available to use with online casinos, however there are still a number of options available to those looking to play their favourite games. One of the most efficient methods is by using a prepaid Visa card, allowing players to load their card with funds, before using it as a regular credit or debit card.
Gambling Responsibly Using Visa Cards
Whilst using Visa cards in order to fund your casino account is convenient and secure, there are some potential risks that must be taken into consideration. Credit cards allow players to gamble using credit, meaning that there will be times when you do not actually have the money to fund your gaming. This is never a good idea, with the playing of casino games being centred around enjoyment and entertainment, rather than incurring debt. This is why all respectable online casinos allow players to set themselves spending limits, whilst they also promote responsible gambling at all times.
Visa was first established in 1958 in the US, aiming to serve the state of California. However, having grown in popularity after partnering with a host of other states, Visa has become one of the biggest credit card company in the world, with over 1.5 billion cards being in circulation today. Online casinos were quick to support the use of Visa cards as a form of payment, helping to offer one of the most secure and efficient deposit and withdrawal options for players today.