Are Banks Allowing Transactions with Visa?
One of the most convenient and safest deposit options for an online casino or online pokies player is Visa. Almost everyone already has a Visa, and almost everyone knows how to use a Visa to fund an online transaction. But how easy is it to use a Visa at an online in actual practice? Are banks allowing Visa transactions to go through at online casinos? This page takes a look at the answers to these questions.
A Little Backround about Visa
Visa is a company specialising in financial services. The corporation is headquartered in the United States, in California. Their primary service to consumers is to smooth the way for funds transfers via electronic means. This is usually accomplished via their brand of credit and debit cards, which are called, naturally enough, “Visa cards”. One might think that Visa, Inc. issues credit cards or extends credit to consumers, but one would be mistaken. What Visa actually does is offer their branding to other financial institutions (like banks or credit card companies) so that they can offer credit and debit cards. Almost half of the credit and debit cards used throughout the world are Visas, and they use Visa’s global electronic network to process transactions. These transactions number in the billions. The total dollar amount of these transactions is in the trillions.
What this means for Australian gamblers is that it depends on the card issuer whether or not a gambling-coded transaction is declined or not. Some card issuers are more strict about declining transactions coded in this manner than others. For that matter, some online casinos are less specific about how they code such transactions. So it’s often a safe and convenient way to fund your Internet casino account, but you can’t be 100% sure that your deposit will go through.
If your Visa does decline when you try to use it to deposit money at an online casino, don’t panic. They’re not going to cancel your card or send some kind of legal enforcement authority to your door to punish you. The card issuer is just worried about the relatively higher rate of chargebacks on such transactions, so they’ve decided to decline them. The best thing to do in this case is to contact the casino’s customer service department to see if they can help you to get your transaction to go through. It’s possible they could try from a different account or use a different code to get past the credit card’s approval process.
None of this advice will help you deposit money using a Visa card at an online casino if you don’t have the funds or credit available on your Visa card. This advice is only useful (and even then, it’s only useful in a speculative manner) if your card declined because of the nature of the transaction (i.e. “for gambling purposes”.) And even then, you might not achieve success in getting your deposit to go through. Luckily, most casino customer service departments have alternatives to offer Visa customers having trouble with their card declining.
How to Make a Deposit Using Visa
The first step to making an online casino deposit using a Visa card is to check the cashier page at your online casino to see if Visa is listed as one of the deposit options available. It will almost always be available. It’s a deposit option at all of the four casinos I recommend at this site:
If you find an online casino that doesn’t include Visa as a deposit option, you might find it worthwhile to investigate the safety and legitimacy of that property before playing there. Visa is the most common way players make deposits, so it would be unusual to find a casino that doesn’t offer it as an option–unusual enough to make me want to get more details about the casino before trusting them with my funds.
Making the deposit is as simple as entering the deposit amount, your credit card number, the expiration date, and your name as it appears on your Visa card. You’ll probably also need to include your billing address and possibly the three digit security code on the back of the card. Once the card clears, the funds become available in your account, and you can start playing.
What Alternatives to Visa Are There?
Even if you can’t get your Visa to go through, you can find ways to fund your online casino account. Some of the better alternatives to Visa include:
PayPal is an online wallet used to transfer funds from one individual to another. Some online casinos accept this as a deposit and withdrawal method; others don’t. If you already have a PayPal account, this can be an easy and painless alternative to Visa.
POLi is my favorite Visa alternative. I describe how POLi Payments works in detail on this page. You can use POLi to facilitate financial transactions with a minimum of hassle and with no transactions fees. It’s also completely safe.
Neteller is an online wallet, similar to PayPal, which specializes in online gambling transactions. Their service fees are slightly higher than PayPal’s, but they’re also accepted at more Internet casinos than PayPal is.
Ukash is a prepaid card that works like a Visa card, only you have to pay for it upfront before using it. If you have a spotty credit history, Ukash might be a good option, although transaction fees and a surcharge usually apply.
Skrill is another Web wallet similar to PayPal or Neteller.
Ecocard is another Web wallet option.
Bank transfers and e-checks are slower ways to deposit to online casinos, but their failure rate is almost nonexistent, assuming you have the money in your bank account to cover the transfer or check amount.
You’ll find other options available depending upon the casino, too.
Visa is a legitimate way to fund an online casino account, but it’s not foolproof, for various reasons. Whether or not your Visa card is declined depends on the card issuer. If for some reason you can’t get your Visa to go through, call the casino’s customer service department or use one of the alternative deposit methods available.