Pros and cons of Visa
Visa: Pros & Cons
- Outstanding security features
- Accepted by most casinos
- No fees for debit cards
- Fast deposits
- Withdrawals take up to 5 days
Sign up process for Visa – a simple step-by-step guide
Visa offers many products in the form of debit, credit, and prepaid cards. There are a few basic steps that you can follow to get a Visa product.
Choose the right Visa product
First, you will need to choose which Visa card is suitable for your needs. You will have the option of debit cards, credit cards, and prepaid cards. Each Visa card has different monthly fees, and if you want a credit card, Visa offers excellent options.
Apply for the card
Most banks will allow you to apply for a Visa product online, but if you want more information, you could always go to your nearest branch. To apply, you’ll need to fill in the Visa card application form and provide the bank with some personal information. If you apply for a credit card, you can refer to our online casinos with a credit card guide for the step-by-step process. After applying for your Visa product of choice, the bank will process your application.
Visa card on the way
When your Visa card application is approved, the bank will issue you with a Visa-branded card. The application for a debit card is a bit easier than a credit card, as you only need a bank account. Once you have your Visa card, you can head over to the online casino operator of your choice.
Making a payment with Visa – just fill in a few fields
You’re well on your way to depositing at your Visa online casino, but first, you need to open an account and verify it. Let’s walk you through what will happen next.
Create a new online casino account
Once you are at the online casino of your choice, look for the “Register” or “Sign up” button on the main page if you’re signing up as a new customer. To create an account, you can now use personal information such as your email, date of birth, country of residence, mobile number, and email address. You will also need to set a safe password.
Your online casino of choice verifies your identity through a know-your-client (KYC) process. You may need to provide the operator with photos, recent proof of residence, and a form of government-issued ID. The process can take up to 48 hours for the operator to verify your identity. Online casinos with Venmo as a payment method also have a similar KYC process that you can read more about in our Venmo guide.
Once your account is verified, you can make a deposit. Look for the “Deposit” option in your account section. You will be able to choose the payment method you want to use. You can select your card type (debit or credit), enter the amount, card number, expiration date, and security code, and hit the deposit button.
Withdrawal and deposits with Visa: average time scales – widely accepted and fast
In this section, we will look at the deposit and withdrawal speeds when using your favorite Visa cards.
Visa card deposits – quick and painless
Just like the process for using online casinos with PayPal, depositing at a Visa online casino couldn’t be easier. After you’ve signed up with an online casino, you can go to your account’s dashboard. As explained above, look for the “Deposit” option and choose the Visa card option (debit or credit card). Insert the necessary information and confirm the deposit. The deposit time is on par with other top payment providers like PayPal.
Visa card withdrawal – bank processing times included
When it comes to Visa withdrawals, the picture looks a bit different. After you make a withdrawal request, your funds will hit your account in around 3 to 5 business days. eWallet withdrawals are, on average, much quicker than those of Visa cards, but both are among the most secure options.
If you find yourself waiting more than 5 working days for your withdrawal, contact your online casino’s customer support for a follow-up.
Here we’ve distilled some information around timeframes and payments for Visa cards. Keep in mind that payments and timeframes could still depend on the limits set by the online casino provider.
| Visa | Deposits | Withdrawals |
| Timeframes | Almost instant | 3 – 5 business days |
| Minimum Amount | Online casino specific, usually $10 | Casino specific |
| Maximum Amount | Casino specific | Casino specific |
Visa verification requirements – get ready to roll after your application is approved
As an extra security feature for the customer, Visa has developed a verification system used mostly in conjunction with mobile banking. The system is called “Verified by Visa.” Its main mission is to prevent fraud and ensure that only authorized users at Visa online casinos make deposits and withdrawals.
When you want to make a deposit, the Verified by Visa system will direct you to an online portal via their web browser or a notification on their mobile banking app. You will be asked to enter an OTP or a one-time pin sent to your email or via text on your mobile device. If you use the banking app, you will need to log into the app with biometric security and confirm the purchase in the app.
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The history of Visa – they’ve come a long way
It’s good to know the background of the payment provider you’re using to get an idea of their credibility. This is one you’re already very familiar with. But for fun, before you play at online casinos with Visa cards, here is a brief overview of the evolution of Visa:
Early history
In 1973, the precursor protocol language for VIsaNet was launched. A year later, Visa spread its wings to reach a global audience and went on to develop its first debit card in 1975. In 1976, the company we know as Visa was officially born.
More recent history
2002: Visa went public in the biggest IPO merger in US History, when Visa Canada, Visa International, and Visa USA merged into a single public entity trading on the US stock exchange.
Visa compared to other providers – massive infrastructure to back it up
As promised, we compared a few other payment providers with Visa to see where its strengths and weaknesses lie. Online casino payment methods differ in speed, security, and other aspects. Let’s look at some other payment methods:
eWallets like Venmo and PayPal
When it comes to depositing speeds, Visa is right up there with any eWallet, providing virtually instant payments. However, it loses out regarding withdrawal speeds, as eWallets generally take 24 to 48 hours. On the other hand, the Visa name is globally accepted at almost all online casinos, while some casinos do not accept Venmo at all. If you look at those that accept PayPal, some do not allow withdrawals using this eWallet.
Bank Transfer
Deposit speed can be an issue when making a bank transfer deposit. It can take 5 business days to show in your account, while Visa cards deposit immediately. Visa also offers exceptional security with the Verified by Visa service, putting it on par with the security offered by a bank transfer. All-in-all, Visa online casino deposits, and withdrawals are very safe.
The best alternative payment methods to Visa
Three essential facts about using Visa – make a mental note
When playing at Visa online casinos, there are some important facts about the Visa payment method you may want to keep in mind:
There may be some charges from your bank
When you make deposits and withdrawals with your Visa debit card, most online casino operators will not charge you any fees. However, the bank that issued you the debit card could charge you a fee for the transfer. Make sure to check the transfer fees for your Visa debit card.
Interest on Visa credit cards
Check the credit agreement you signed with the bank when you applied for the Visa credit card. The bank will charge you credit on your credit card balance at a certain rate. Be aware of this and try to settle the account every month.
Deposit and withdraw using the same Visa card
Many online casinos will only process a withdrawal if you request to withdraw with the payment method you used to make the deposit. Remember that you also have to request the withdrawal to the Visa card you used to deposit in these cases.
Conclusion – a global giant
Let’s wrap up our Visa online casino guide with a few key points to take with you. First, you can trust Visa as they have proven themselves as a reliable global company with a massive footprint and infrastructure. Second, they have excellent security measures in place to prevent fraudulent activities. Third, you can look forward to instant deposits and being able to play at a massive choice of online casinos. Finally, you can unlock cool welcome bonuses as Visa deposits will almost always trigger bonuses. That’s a pretty solid payment provider!
The best online casino bonuses for Visa payment
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Visa online casinos FAQ
✋Where can I find online casinos with Visa payments?
Every online casino operator offers different payment methods to their users. In our many reviews, we discuss each operator in detail and tell you which payment providers are supported by the online casino operator. You can always check our reviews for more information.
💲Is Visa a legit payment method for online casinos?
The concept of Visa started in 1958, and it’s grown to become a globally recognized and accepted method of payment. You can look at our Visa online casinos review for a detailed layout of Visa’s legitimacy.
💳How quick is withdrawal with Visa at online casinos?
The withdrawal time at online casinos varies depending on the method of payment used. Take a look at our reviews and guides where we detail these times and compare payment methods, such as how long it takes to withdraw at online casinos with Mastercard. This will help you to get a sense of what to expect.
