Online Poker with Visa
Visa’s global network processed over $6.8 trillion worth of transactions in 2015, making it the largest credit card association in the world.
For this reason, it’s also the most widely accepted charge card. This is also true when it comes to the online gambling industry, so it is by far the No.1 choice as a deposit method.
Is Visa secure?
The main reason why VISA is so popular among online gamblers is because it has the highest level of protection for both the funds and personal and financial information from unauthorized access.
A quick glance at some of Visa’s security measures:
VISA’s global secure network (VisaNet) offers multiple levels of protection to verify all of your online transactions. AND it does so in as little as 1.5 seconds! VisaNet employs a detection system that scans thousands of transactions per second and even the smallest of changes in spending patterns that could potentially indicate fraud would not go amiss.
Visa also encrypts transaction information between financial institutions and Visa’s network. This helps protect against counterfeit card fraud. On top of all that, they also have 3-Digit Security Code and Verified by Visa security measures.
Can I use Visa to make deposits?
Although the most widely accepted credit card around the world for all forms of businesses, for US gamblers there are certain limitations to using this form of payment to fund your online gambling.
Since the UIGEA was passed in 2006, it explicitly barred financial institutions in America from transacting business relating to internet gambling.
This means you’ll only be able to use VISA as a deposit option if you are playing from legal gambling states; namely Delaware, Nevada and New Jersey.
Advantages of using Visa
- Accepted on all US online poker sites.
- Ease of use.
- Deposits made using Visa credit card are instant.
- Visa card fees are normally waived by the poker site.
- Large signup bonuses.
Visa brands you can use in online poker sites
Visa offers their clients different types of cards to fund their online gambling, each with their own unique advantages. Below is a brief breakdown of the most popular ones:
Visa Credit Cards – The biggest advantage for this type of card is its unrivalled level of security protection. You’ll also have instant access to your funds once the deposit has been processed.
Visa Debit Cards – Essentially you’ll only be able to gamble with the existing funds you already have in your current account. This means, unlike credit card, you won’t run the risk of gambling on credit.
Visa Prepaid Cards – Just like debit cards, but to an even further degree, you are able to set a firm limit on your gambling budget, allowing you to manage your finances more effectively. For this reason alone, these cards are very popular among online gambling enthusiasts.
Visa Gift Cards – Similar to prepaid cards, but are not reloadable. These are for 1 time use only, and by and large are not as commonly used as the more flexible prepaid cards.
Frequently Asked Questions
Yes. But for USA gamblers, only those living in Delaware, Nevada and New Jersey may use this form of deposit method.
In most instances, you’ll find the funds in your poker account as soon as you’ve completed the deposit. Processing time for withdrawals is longer, usually up to a couple of days. This, however, does not only apply to VISA but any method of withdrawal across the board because most sites take several days to approve withdrawals. Once approved, the money is transferred straightaway.
YES! The one reason why Visa is trusted by millions is because of the level of security they offer. Both the poker site and visa use encryptions, as well as other safety measures to make sure your personal data and payment details are fully protected.
Unlike Mastercard, most major online gambling sites allows players to make withdrawals with Visa. Simply go to the cashing out section of your poker site and choose Visa as a withdrawal method. Follow the instructions and you should find the cash in your bank account in a couple of days.
One major advantage for using VISA is that most online poker sites don’t charge any fees at all. You are, however, responsible for any fees charged by the card issuer.
Most limitations, such as withdrawals and deposits limits, are set by the card provider rather than the gambling operator. Some poker sites may have initial deposit limits, but these are usually not hard set, and increases as you become a regular at the site.
Although deposits made with Visa are sometimes rejected, it does still have the highest acceptance rate of all credit card companies. This, coupled with its unparalleled security features and excellent customer service, makes it a highly recommended method for funding your online poker account.