Visa Casino Deposits
Deposits via Visa are pretty straightforward. All you need to do is select Visa from the casino banking page. You will be required to enter the credit/ debit card number, as well as the CVC code (the three digits on the back of your card). Depending on the authentication service you use, you might receive an SMS, email or a phone call, containing a code needed for transaction confirmation. Your funds should be instantly credited to your online casino account.
It is critically important to use a Visa card that has the name of the casino account owner written on it. You must not use your spouse’s or next of kin credit/ debit card to fund your own casino account. If you do that, your winnings will be forfeited once the casino management figures out the violation.
Visa Casino Withdrawals
Due to anti-money laundering policies, online casinos require players to withdraw their winnings via the same payment method they used for depositing. Therefore, if you have made a deposit via VISA, you must select a withdrawal to VISA from the available cashout options.
Withdrawals to Visa are both a blessing and a curse. On one hand, this is one of the most secure payment methods. On the other hand, the transaction must be processed by the bank that has issued your Visa card. This may result in delays due to weekend and holiday closures. More often than not, it takes 5-7 business days for the money to show up into your bank account.
*Please note that if this is your first-time withdrawal request, the payout will not be processed before the completion of the identity verification procedure. You need to send the casino officials a picture of the Visa card you used for depositing, a proof of address, a paid utility bill, etc.
Fees with Visa deposits & withdrawals at online casinos
Casinos rarely impose fees on deposits and withdrawals via Visa. However, your bank might charge you for the transaction. Also, keep in mind that you will be charged a separate currency conversion fee if your VISA card is in a currency different from the primary currency you set upon opening your casino account.
Countries Where Visa is Available
Visa is available on all continents except for Antarctica. You should have no issues whatsoever making Visa deposits and withdrawals at the largest European casinos.
Advantages of using VISA
High level of security
Globally accepted payment method
Disadvantages of using VISA
Withdrawals take up to a week
