In these days when debit and credit cards of the popular payment systems are available worldwide, you have a possibility to make financial transactions with your Visa Electron card online.
Bookmakers, poker rooms, and online gambling sites accept this method of payment eagerly. This is probably the main reason for Visa Electron and other debit cards to be the most convenient and secure way to make online transaction. When it comes to the transparency in the relationship between customers and bookmakers, nothing can compare to Visa Electron. In order to get this card, you need to go to one of the banks approved by Visa and to make an agreement with this bank. This is the best known way to protect you, as well as online gambling sites and other service providers, from any kind of fraud or hacker attacks.
You should note that before you will be able to use your Visa Electron, a bookmaker can ask you to send a scan copy of this card. This is usually done to make sure that the information you have submitted is valid and that the card actually belongs to you. Hence, you will be asked to scan both sides of your card. But as long as you do not want to expose the three-digit security code (CVV2 or CVC2) located on the back of your card, you need to cover this code when scanning your card. Bookmakers, in their turn, must ensure the safety of such information. In case you are not sure if the online gambling site is trustworthy or not, do not provide any information related to your debit or credit cards to the site owners.
After you receive confirmation from the online bookmaker, you will have a possibility to deposit and withdraw money with you Visa Electron card. Remember that each payment transaction online is usually followed by the commission fee (1% to 2.5%). Your debit card allows you to use the amount of cash you have on your card account. If there is not enough money on your card account, you will not be able to play casino games. In fact, you will have to upload money before you will be able to make any transactions. There is no way for you to exceed the limits, because your bank will not allow you to do it.
It is also important to remember that not all international debit cards are suitable for online transactions. If you want to make direct payments, you need to purchase Visa Classic, Visa Gold or Visa Internet. Visa Internet is an analogue of Visa Classic, but it is a virtual card. You do not get any plastic card when buying Visa Internet. You just get pin code and other information about your payment card. Visa Electron, in its turn, is a debit card. As long as it does not have any CVV2 or CVC2 code, you only can withdraw money from ATMs. The same is true for Maestro by Master Card. The only way to pay for casino games with these cards is to do it via such payment systems as Moneybookers or Click2Pay.
Online gamblers would always do anything to find the best online casino deposit method. This is an important consideration because putting in money in a quick and secure manner can have an impact on a memorable gambling venture. Before you can gamble in online casinos, it is vital to make a deposit first.
One of the most common forms of online casino deposit method is using Visa credit cards. However, you need to be careful when you are considering using this mode of transfer.
If you intend to make a deposit with your Visa card, all you have to do is proceed to the banking section of the casino where you are playing in and input your credit card details. It is vital to provide the complete card number, 3-digit security code, and the entire date of expiration in their corresponding fields. Likewise, the name on the card must be identical to the one in the casino account. Otherwise, your transaction could be declined.
Moreover, you may have to pay charges and interests if you will use credit cards to make your payments. The usual rates may range from 1.5% to 3% when you finance your account. The interest rate for cash advance is much higher than standard interest rates.
When using Visa as an online casino deposit method, the currency indicated in your card should match the currency in the account as well. For instance, if you prefer to play in British Pounds, you will not be allowed to transact with a Visa card based on US Dollars. Conversely, if you intend to play for US dollars, you can use your Visa card to make online casino transactions.
Prior to using their credit cards, American players should clarify with their provider if the transaction will be acknowledged. Most major card providers allow deposits to online casinos, but it is better to be sure.
Using Visa as an online casino deposit method has its pros and cons. One of its advantages is that you can easily access your funds and the transactions are secured. However, Visa charges huge interest rates and there are limitations in using the card.
So take advantage of the benefits of online casinos using your Visa credit card.Share on: