When it comes to making payments at an online casino it's important to find a method that suits you, is easy and provides the best overall service.
There are plenty of different ways you can make both deposits and withdrawals and one of the best to date is Visa. Also fondly known as your flexible friend, thanks to a very successful advertising campaign, it has been used for moving money around since the late 1950's. Millions of dollars worth of transactions are made every year and there are a huge number of secure Visa online casinos.
The Advantages of Using Visa for Your Online Casino Payments
There are plenty of reasons why you should consider using Visa for casino payment option, but let's look at the main ones.
- Convenience – Making payments using a Visa card is one method that almost guarantees to be trouble free. It also brings a number of great benefits. For example, the costs of having and using this card are predictable and transparent, it's possible to use it for a range of different transactions both on and offline. And the associated paperwork is minimal.
- Security – As you'd expect from such a large financial services provider, Visa takes security very seriously and has very high standards. Security measured are clearly outlined and there are procedures to follow if a card is stolen or compromised. There are also a number of consumer protection programs attached to these cards.
- The possibility of credit – it's not a way of gambling that we'd recommend but Visa does provide the opportunity to access credit. And that can be a handy thing to have. Using a Visa card regularly and responsibly can also have a positive impact on your credit rating.
Using a Visa Card Is Easy
There are millions of people across the globe that have a Visa card, and for many of them using it to pay for goods and services is second nature. Another good reason for so many people to use them is that it is so easy. There's nothing complicated about it at all. Another valid reason is the lack of fees that are charged. We should, however, point out that this doesn't apply across the board and most card providers charge the payment receiver. Which in your case is the online casino. On the whole, this charge is not passed on to the players, but there are a small minority of casinos that charge for making payments using a Visa card. Details of any charges will always be found in the small print of the casino and the card issuer, so make sure you always read the terms and conditions.
Another factor that makes using a Visa card so easy is that it is universally accepted. Regardless of who issued the card, provided it has the Visa logo is will be accepted worldwide. Only someone who has been living in a cave for the last 50 years will fail to recognize the logo. Many people, however, don't actually realize what Visa is and many think it is a bank. Really it is only a kind of franchise and holds no cash and has no reserves.
The History of Visa and How It Became the Force It Is Today
The story of Visa starts way back in the 50's when people's wallets would be full of different cards. Using charge cards and store credit cards was a common occurrence, but each different provider or store would issue a separate card. The Bank of America came up with an idea that revolutionized card payment systems. It introduced a credit card that was known as the BankAmericard.
There were a few hiccups at the start, one of which was the large scale issuing of unsolicited cards. By the middle of the 1970s, banks has started branding their own versions of the card and the name was changed to Visa. From a very small concern and simple concept a product introduced by the Bank of America became a company in its own right. From here on in things really changed and Visa took off as a brand. MasterCard has long been a rival, but still today it is the only one. Nearly every credit or debit card, pre-paid or linked to an account, will be a Visa or MasterCard.
Getting a Visa Card Is Painless
It's quite a simple process to get a Visa card if you haven't already got one. First, you should contact your own bank, or contact one of Visa's recommended card providers in the country where you live. There will be a range of different options relating to both credit and debit cards and the application process will be very easy. In most cases at least. It should only take a couple of days for an application to be processed.
Using a Visa at online casinos is hassle-free unless you live in the United States. The passing of the Unlawful Internet Gambling Enforcement Act in 2006 has barred financial institutions in America from making payments that relate to internet gambling. The situation, however, is a little opaque because individual states are free to set their own rules. Generally, using Visa to fund online gambling in America will be very difficult and you run the risk of breaking the law if you try to do so. There are plenty of secure Visa online casinos but be aware of the risks.