Visa Debit Card Online Casinos
Visa Debit cards are issued by banks in many countries and can be used for depositing into, and sometimes withdrawing from, online casinos. The cards access your regular bank checking account to retrieve funds for purchases.
If you have an overdraft agreement with the issuing bank you may be able to spend more money than you have in your account. Otherwise, purchases are limited to the amount of cash you have on deposit.
Visa simply licenses its brand to issuing banks. The model has worked well for them as they were once the largest international financial services company in the world, followed by Mastercard and American Express. China's UnionPay surpassed the brand in volume in 2015 with the rise of the Chinese middle class in a flourishing economy.
Related Visa products that do not operate on credit are prepaid cards and gift cards. All work equally well at most online casinos.
Visa has processing centers all over the world and processes more than US$7,000,000,000,000 a year in transactions. Visa Debit is accepted everywhere you see the Visa logo which includes most online casinos.
Note: US players may find their card declined several times. If this occurs, simply talk to your casino host for an alternative method for using the card. Some sites may offer manual processing or gift card purchases. If you find your card locked, simply contact your financial institution to authorize international transactions. Depending on the bank, you may be asked to confirm the dollar amount of your last few purchases.
The first time you make a Visa Debit deposit you may need to go through a 3-D Secure process known as Verified by Visa. After that, the system will usually check for cookies or other data on your computer and authorize the transaction for you.
3-D Secure (Verified by Visa) adds a layer of security to online transactions. The security level is so high and effortless for consumers, that other major card companies use their own branded version of it such as Mastercard SecureCode, JCB International's J/Secure, and American Express SafeKey.
The three domain models (3-D) are:
- Acquirer domain (the merchant/casino and their bank)
- Issuer domain (the bank that issued your card)
- Interoperability domain (infrastructure supporting the 3-D Secure protocol)
In addition to other software providers, the process includes the use of the internet, the casino/merchant's Visa plug-in, and an access control server.
In a nutshell, it makes sure that nobody else should be able to use your card without proper supporting authentication and it assures the bank that you are, indeed, the person using the card. Perhaps most importantly, it keeps your personal details secure. All parties are protected.
Casino Deposits and Withdrawals
Before you deposit with Visa Debit: It's always a good idea to check with the casino to be sure they can send your winnings back to the card, or to arrange another withdrawal method. As long as you can get your money out, one way or another, it's very easy to deposit at most online casinos using a Visa Debit card.
Simply log in or sign up then enter the cashier section, choose Visa, select an amount, and deposit to begin playing immediately.
For US Players
As time goes by Mastercard, Visa, or American Express can become the preferred deposit method of your casino's financial processor. This is due to the cumbersome UIGEA of 2006 that made it difficult for offshore casinos to process payments to and from the U.S.
Most online gaming sites will have alternatives for you and some may offer bonuses exclusively for using a certain method. You may be able to purchase a gift card from a portal connected to the casino cashier, they may be able to process your transaction manually over the phone, or they may have another idea to help you deposit.
Your ability to "payback to card" may depend on your location. For the most part, payouts to Visa are easier than Mastercard or Amex. If you are using a prepaid card, even if it is connected to and draws from your bank checking account, you may not be able to withdraw to it. Cards that are issued by your bank and draw directly from your checking account have a better chance of succeeding when it comes time to withdraw.
After casino processing, it may take 3-5 days for your winnings to appear in your checking account.
Visa Debit Conclusion
Visa Debit is one of the most widely used and widely accepted cards for casino deposits. Players know their funds and personal details are secure. A debit card offers the advantage of setting a gambling budget ahead of time and locking it in at a certain amount.