New online USA casinos that accept Visa cards appear every year. Visa cards remain the most popular means of deposit among players and the most common way to make a deposit among top Visa casinos. The brand began in 1976, and to this day, Visa offers players around the world reliable deposit options. The most notable exception is the United States, where a 2006 federal law prohibited financial institutions from processing such transactions.
Choice of Visa card
More than 60 billion transactions are made each year using various Visa cards. Most of them can be used as a means of payment at top Visa online casinos, so let’s take a look at the main options available:
Credit cards are the standard means of payment for most people in the civilized world. Once your account information has been recorded, the purchase amount is added to the next statement for payment. Of course, failure to pay the full amount results in penalties, and this practice has led to financial problems for an unfortunate number of customers.
Debit Cards – Transactions with this type of card charge money directly from your bank account, so I suggest using this method for online gambling with caution. Be careful and cautious, especially if you are an emotional gambler, as you risk draining all the funds in your account and going bankrupt.
Business – more money can be charged to such an exclusive credit card, and cardholders get extra bonuses. The average player is unlikely to be able to afford such a card, but they are quite common among the big players.
Prepaid cards – These cards are “loaded” with money, and the customer can use them until the balance is depleted. Once that happens, more money can be put on the card and the cycle continues. This is quite a safe option for the cautious player, as running out of balance naturally stops any gaming session.
Why you should use Visa
Most of the pros of using a Visa card are obvious. However, for those who prefer a ready answer, we list all of the significant benefits below.
Popularity – Year after year, Visa processes nearly three times as many transactions as their closest competitor. When a brand is that popular, you can be sure they know their job.
Widespread in casinos – Because Visa is one of the most well-known brands on the planet, almost all Visa online casinos accept their cards. This is especially convenient for players who are registered at multiple gaming sites.
Quality service – I’ve been using a Visa card for two decades, and have always been pleased with their service. Several times I faced the problem of unauthorized transactions, and it was always easy to deal with them: the transactions were cancelled and new cards were sent to me. This kind of service promotes customer loyalty.
Extended Credit – While the term is rarely associated with anything positive, I like that Visa allows me to carry over my debt to the next month. American Express, for example, requires that your debt be paid each time you get a credit account statement.
Why it’s best to avoid using Visa cards
Only U.S. residents should avoid Visa cards for casino payments. Since the passage of the Unlawful Internet Gambling Enforcement Act of 2006, financial institutions are prohibited from processing online gambling transactions by U.S. citizens. And since the company doesn’t want to anger the Department of Justice, they have no choice but to comply.
Some US states have passed laws allowing regulated online gambling as long as (a) the player is within the state, and (b) the casino is properly licensed. Even when these conditions are met, large financial institutions often do not take up gambling transactions because they are still afraid of being the target of a federal investigation. For this reason, revenue from licensed gaming in Nevada and New Jersey has been much lower than expected, but the situation is expected to improve over time.
Visa is a major option when it comes to credit purchases or deposits for online gaming. Every new virtual gambling establishment adds to the list of online casinos accepting Visa, as the industry appreciates the fast service and reliable transactions of this brand. If choosing a credit card for online gambling, my choice is obvious.