Visa is one of the biggest financial services companies in the world. Since launching in 1958, the company has become a global powerhouse in electronic fund transfers.
The company’s most popular product is its electronic cards attached to bank accounts. It is estimated that more than a billion Visa debit and credit cards are circulating worldwide and that an estimated $6.8 trillion safe and secure transactions are made with these cards yearly.
Naturally, with Visa debit and credit cards being so popular, many vendors offer it as a valid payment form. This list includes several online casino gaming and sportsbook sites. Most gambling sites allow you to make deposits with Visa unless the site is cryptocurrency specific.
Gambling Sites That Accept Visa: How to Deposit
Making instant deposits at a gambling site for the first time may seem scary. But the process is effortless. Just follow these steps, and you’ll soon be making your first bets:
Sign up for an account.
Head to the site’s deposit/cashier/banking section.
Choose Visa from the list of deposit methods provided.
Put in your Visa card number, the expiry date, the cardholder name, and the CVV number.
Enter the deposit amount you would like to transfer to your account.
Follow the next few prompts to complete your transaction.
Your money should instantly transfer into your account, as should your deposit bonus if you claimed one.
Visa Gambling: How to Cash Out
Cashing out takes a bit longer than depositing money, but the process is still relatively simple. You can expect to wait about two weeks to get your money. To get the transaction started, follow the steps below:
Log in to your gambling account.
Go to the casino’s payment options section.
Select the Visa withdrawal option.
Enter the amount you would like to withdraw.
If you did not save your details when you made the deposit, enter these details too.
Wait for the transaction to be processed.
Advantages of Visa Casino Payments
Here are some of the pros of using a Visa card to make casino and sportsbook payments:
Most casinos accept Visa. You really won’t have trouble finding a casino that takes your Visa debit, credit, or prepaid card.
If you have bought something using a credit card online before, you know how the whole payment process works.
Deposits are processed instantly. This means that there is no delay between you making a deposit and your betting.
It is one of the most secure methods of payment. Unless you share your card details with a shady site, you should have no safety and security issues.
Disadvantages of Visa Casinos
Everything that has its pros also has its drawbacks. Here are some of the cons associated with using Visa cards at gambling sites:
Withdrawals take very long. It takes at least seven days to be processed by your bank. Contrast this to an e-wallet where withdrawals are processed instantly, and you’ll understand why this is annoying.
You have to share your card details with the casino or sportsbook. While some gamblers don’t really care about this, others aren’t exactly so excited about sharing such personal information.
Visa online gambling restrictions are real. If you live in a country where it is illegal to bet online, you could have an issue depositing with your Visa credit or debit card. This isn’t always the case, but you never know when you will be affected.