Visa International Service Association was founded in 1958 in Fresno, California, by the Bank of America (BofA). Over 20,000-member financial institutions are licensed to issue Visa cards under their names. This makes Visa the second most popular card payment method, after UnionPay. It came about when BofA launched credit cards for middle-class consumers and merchants in the USA.
In 1974, they expanded the service to other continents and introduced a Visa debit card in 1975. Regional enterprises across the globe joined forces to form Visa Inc, which was declared a publicly held company in 2008 in of the biggest ever IPOs across the board.
Is Visa popular? What are the Payment Options?
Today, Visa offers its services through cards, mobile devices, and computers in over 200 countries. Member banks issue Visa cards with their own terms and conditions, e.g., interest rates and annual fee. They can also contact merchants with payment requests for Visa purchases. Its universal utility makes it a go-to option for casino enthusiasts.
Customers with Visa-branded credit cards, debit cards, and prepaid cards can fund esports Visa bets within minutes. You can easily find an online casino accepting this method from our list. All you need is to enter the card information and a security code.
Using Visa in online bookmakers
Make sure you have chosen a reputable online casino, then proceed to sign up for free. You can manage your funds with a mobile banking app designed explicitly for Visa. The app is connected directly to your bank account. To play esports with Visa, you need to add money to your casino account, and this should take a few simple steps.
You need a 16-digit card number, name, CVV code, and expiry date to make the first deposit. The information is saved on the casino site, so you don't need to provide it whenever you want to increase the bankroll.
How to make a deposit with Visa
Here are the steps to making a quick deposit.
- Find the cashier section of the bookmaker
- Choose Visa as your preferred payment method
- Enter the card information and how much to transfer
- Complete the security details and confirm the transaction with a unique code that is sent by mail or text message
Daily limits on Visa cards are meant to improve security and prevent fraud. If you use a Visa debit card, check the maximum amount you can transfer online from your bank. Most debit cards allow cardholders to use up to $1,000 per day.
How to make a withdrawal with Visa
Many bookmakers support Visa for payouts. That way, you don't have to worry about using a different option if you have Visa as your preferred deposit method. With its high-security standards, you'll receive funds without compromising your confidential data. Before requesting a payout, make sure the name on your Visa Card matches that of your casino account.
Also, confirm from your card issuer provider if your Visa card qualifies to receive payments from gambling platforms. Top esports Visa casinos hardly charge customers for withdrawing. They might ask for additional documents to verify your identity for security purposes.
- Login to your casino account
- Navigate to the cashier page
- From the list of banking methods, pick Visa for cashing out
- Enter the winnings you want to redeem
- Follow prompts to confirm your identity
Visa casinos usually approve withdrawal requests within 48 hours. It can take one to five working days for the money to reflect on your Visa credit card. Casino withdrawals can start from $20 to over $5,000, but VIP accounts enjoy a higher withdrawal limit. Withdrawing on your smartphone is much easier if you're playing at a mobile casino.
Pros and cons with Visa
Knowing the benefits and drawbacks of using Visa cards in a casino is crucial to responsible gambling. You must be cautious when using a Visa credit card to avoid falling into a debt cycle. But Visa debit and prepaid cards are much safer because you will not accumulate loans. Luckily, Visa allows you to track your online expenditure with a monthly statement.
- Visa has some of the strongest security protocols
- Deposits are instant and free
- Widely accepted at most online bookmakers
- One of the easiest payment methods
- Visa is eligible for bigger bonuses in some casinos
- Visa withdrawals are not the fastest
- Some casinos reject Visa cards from certain countries
- Requires input of card details and your real name
Visa account opening process
Since only financial institutions give Visa cards, you need to open a savings or checking account before applying for one. Most banks accept online applications on their official websites. If you already have an account with the bank, you are only a few steps to having a Visa account. Documentation is mandatory for KYC compliance. Generally, applicants must be 18 years and above to acquire Visa accounts.
How to set up a Visa account
Visit your bank in person or the official web portal to submit your applications. You need:
- A proof of identity (National ID card)
- Current address
- Passport-sized photographs
Check with your banking provider to see if they need extra documents. Most banks have an annual fee for maintaining your Visa account. If you have chosen Visa as your payment method for gambling, find out how many transactions you can carry out per month to avoid extra charges. You will not attract interest or delayed payment fees for funding a casino account when using a debit card.
The deductions are made directly from your bank account. However, a Visa credit comes with interest, which you must pay in time to avoid penalties. To be on the safe side, apply for an international Visa card so you can access your money and continue betting when away from your home country.
Visa customer support options
Sometimes, you need more information about your Visa card account. You can find the provider's contact details at the back of the card, official site, Visa statement, or emails from the issuing bank. The most popular options to get in touch with the customer care department are:
- Chat system
- Telephone number
- FAQ section
- Online support center
Your email can take about 48 hours to get a reply. The available phone number is usually toll-free, and you get to talk to a Visa representative directly. Before calling or sending an email, check the support center where customers post queries concerning Visa cards. In the FAQ section, you will find updated guidelines on Visa usage.
About the author
Tendai Moyo, a spirited Zimbabwean linguist, combines her rich cultural heritage with an astute understanding of gaming. As a master in English content localization, she tailors online casino guides to the pulse and preferences of Zimbabwean enthusiasts.