What is Visa?
Visa is the number one transaction mechanism around the world. It’s the ideal way to move money in and out of your online or mobile casino account and it is one of the safest ways to conduct your financial transactions. Visa’s reliability is such that most if not all web-based casinos accept and so business with it. The Visa brand avails itself as both credit and debit cards, not to mention its Electron division. Visa’s origins go all the way back to 1958, the year in which Bank of America unveiled the very first credit program aimed at middle-class consumers – a good bunch of years before MasterCard would follow a similar path.
How Does it Work?
While the intricacies of how Visa works is really not anything requiring an introduction, it’s still important to convey the fundamentals within the context of the online and mobile casino industry. Visa itself is spread across credit cards, debit cards and their Electron product with each one essentially adhering to the same technical specifications. Once you’ve signed up to a casino of your choosing, be that an online casino or a mobile casino, you’ll notice a lobby in which all the casino’s various parts can be accessed. Standard lobbies consist of games, promotions and banking. Within these three segments you’ll come across the rest of the casino’s offering. The banking lobby is the one you’ll be looking for. Clicking or tapping on the banking lobby will present you with a slew of banking options made up of well-established brands such as Visa and MasterCard. Look for Visa, click or tap it and then choose how much money you’d like to deposit into your casino account. It needs to be noted that our online and mobile casinos are SSL certified. This means that they provide players with a safe haven in which to conduct transactions. Mobile casino players from Canada will also be given the option of saving their banking details, thus making the depositing process easier during subsequent visits. The following information will need to be keyed in before confirming the deposit:
- The 16 digit number on the front of the card
- Your name precisely as it appears on the front of the card
- The expiry date of the card
- The CVC (Card Verification Code) as it appears on the back of the card
What are the Advantages?
The advantages to using Visa primarily concern safety, speed and convenience. Visa isn’t the leading banking option without reason and the three aforementioned attributes are a testimony to the company’s ability to provide users, and in this case, online casino and mobile casino players from Canada, with a banking option that is safe and fast. Quite often, in fact 99% of the time, Visa can be used to initiate deposits and withdrawals.
What are the Disadvantages?
There aren’t many discrepancies when it comes to Visa. In fact, it could be argued that due to Visa’s strengths, a player could actually get a little carried away. Put another way, if you are using your Visa card to transact with an internet casino, then it’s best to be vigilant and keep some kind of log of your deposits and withdrawals. On a final note, in the rare case of the casino refusing to pay back to your Visa card/account, then make sure you’ve got an alternative solution like an e-wallet.