Making a Payment With Visa – A Step By Step Guide
The process of making payments with Visa at online casino Canada is wonderfully simple, something we’re going to break down in just a few, simple steps.
Step 1 – Register and sign-in at your casino – simply follow the casino’s prompts from their register or sign-up buttons.
Step 2 – Next, make a deposit either during the sign-up process or via your account’s banking section.
Step 3 – To make visa casino payments Canada, simply select Visa in payment method options, then add card details; number, expiry date, 3-digit CVC/CVV and amount to deposit.
Step 4 – Deposits are instant at most online casinos so your account should show your deposit almost immediately.
Step 5 – With starting a withdrawal using Visa at online casino Canada, you need to go into banking and select withdrawal. Some casinos don’t allow Visa withdrawals, but most will allow withdrawals to the same method as you used to deposit. Simply select Visa, add withdrawal amount and follow the instructions.
Step 6 – At some point during the process, you may be required to verify your account and Visa card. This is something that we will cover in its own section.
And be sure to check out our guides to credit cards and debit cards, along with the guide to the Visa prepaid paysafecard for online casino Canada and our look at Visa’s long-time competitor in our MasterCard online casino Canada guide. Finally, if you’re one of American Express’ customers, you’ll want to read our guide to Amex online casino Canada.
Average Time for Visa Deposits and Withdrawals
When you use Visa for online casino Canada payments the payment times are some of the quickest of all payment methods.
Deposits for almost all payment methods, including Visa casino payments Canada, are instant and should be in your account almost immediately. With withdrawals, you will sometimes find that visa online casino Canada debit card withdrawals are slightly faster, with the best casinos getting your money to you within one day. Industry-standard for withdrawals is between 3-5 working days. If it’s your first withdrawal, this may be delayed due to the verification process.
Visa Card Verification Requirements
As we said, there may be Visa verification required at some point in the process of signing up, depositing or withdrawing at a Visa online casino Canada.
There are two different verification processes that you may have to complete, from either the Visa provider or the casino, perhaps both. Verification adds another layer of security and anti-fraud protection to the Visa casino payments Canada system, a system that’s already very secure anyway.
A casino may ask you for proofs of identity, residence, possibly even address. You will need to upload at least a scan of a valid government-issued photo ID but might need a proof of residence or proof of address, such as a utility bill.
If the Visa provider asks for verification for Visa casino payments Canada, it will be by the ‘Verified by Visa’ scheme. You must enter part of your online security or enter a code sent to your mobile or email. This is a simple thing, doesn’t take more than a minute, and adds 2-factor authentication to any transaction, greatly increasing the security involved.
The Glorious and Esteemed History of Visa!
The Visa organisation came about in 1970, but the origins of Visa come from the first credit card launched by Bank of America to compete with the original Diners Club credit card that launched in 1949. To compete with Diners Club, BoA licenced their credit card to other banks – and it was this licencing operation that became the Visa organisation.
In 1970, BoA set up Visa Inc. as a separate company to allow the new company to expand the roll-out of Visa cards to be licenced to various banks, credit card providers, and financial institutions across the USA and the world.
The Visa brand includes the cards Visa, Visa Electron, Visa prepaid cards, and the Visa Gift Card casino Canada option, all of which we’ll explain later in a section below on Visa Variants! It’s a hugely successful brand and company because it provides a much-needed service and does it safely and well.
Visa Compared to Other Payment Methods And Providers
Using Visa casino payments Canada, whether that’s a credit or debit card, pre-paid Visa cards, or the newer Visa gift card, we really don’t believe you can go far wrong. The reasons for us heartily recommending Visa as your best way to play online is down to the combination of security, convenience, ubiquity, and speed.
Visa is an implicitly safe payment method, with safeguards integral to the systems’ operation. As you’ve seen, it’s a fast system, with the only slightly slow part of the whole Visa casino payments Canada process being the 3-5 days for withdrawals to be processed.
The only real issue with Visa is one that’s a product of the gambling industry evolving and the reactions of the authorities and financial regulators to gambling. Increasingly, you will find casinos promoting cryptocurrency payments, which have the advantage of zero fees and instant clearance.
However, Visa still stacks up wonderfully well against the other competing payment methods. It’s more convenient than e-wallets such as Skrill and Neteller as you transfer directly between your bank account and your casino account rather than using the third party e-wallet. It’s more widely accepted than cryptocurrency, it’s faster than bank transfers or E-checks.
Most Popular Payment Methods – including Visa!
With so many different online casinos, it’s no wonder that there are so many different payment methods. But as with so many things, excellence wins out and you’ll find that the most popular payment methods are also those that serve us casino bettors best.
Obviously, you need to be looking for the best casinos no matter what payment method you choose, so be sure to look for fully licensed and regulated casinos – UK Gambling Commission, and Malta, Gibraltar, Isle of Man are prime examples of this. As with payment methods, so it is with regulation – the better it is, the more authority and regulation it has, the better your experience will be.
Popular options that we’d recommend include e-wallets such as Neteller, Skrill, and EcoPayz, as well as the well-known PayPal – make sure you check out our guide to PayPal online casino Canada. Pre-paid cards are increasingly popular, including the Visa paysafecard and the Entropay card. And then there is the option of tried and tested cards, credit and debit, with Visa and MasterCard the most universally accepted. Financially secure, fraud protection included, working with properly licenced casinos, some of the lowest fees and the best speeds of transfer – that’s why Visa online casino Canada is such a popular choice!
The Visa Card FAQ – Answering Your Top 5 Visa Questions!
Visa casino payments Canada is, as we’ve shown you, one of the simplest and most secure payment methods for your online casino experience. But there are always going to be questions you want to ask about – so here are our top 5 FAQs for using Visa casino payments Canada.
It’s always a major concern for Canadian players, particularly with the on-going issues with UIGEA in the USA, but as of 2020, online gambling at Canadian casinos or offshore casinos is completely legal for Canadian players. Go Canada!
Yes, that’s the simple answer. For a lot of casinos, both in Canada and worldwide, credit cards are perfectly acceptable forms of payment.
Yes, it’s completely safe to use Visa at a properly licensed casino. Visa itself uses secure encrypted technology and anti-fraud measures and has a justified reputation for safety that has come from its years of providing excellent and safe service to Canadian cardholders. As for the casino themselves, you must ensure you look at the casino and ensure they are properly licensed.
No, not all casinos accept Visa. You will find many well-established sites use Visa debit and credit and perhaps Visa pre-paid cards, but more and more new sites, often licenced through lesser regulatory bodies such as Curacao, have no Visa provision, preferring to use e-wallets and cryptocurrency.
Sometimes, but it depends on the casino. There are some casinos that allow deposits via visa casino payments Canada but do not offer withdrawals to your Visa card. This is something to check at your preferred site.
This one is more complex so we will go into more depth in the section below. If your Visa card payment is declined by either your betting site or your card provider, it may be down to a simple reason (are you sure you entered your card details correctly?) or more complicated reasons to do with both regulations and attitudes towards online betting.
Paying With Visa? Canada, We May Have A Problem!
As we mention in the FAQ above, there are various on-going issues with Visa casino payments Canada.
One problem comes with customers of the Bank of Nova Scotia (Scotiabank), who do not accept visa online casino Canada payments to and from offshore casinos, despite it being perfectly legal to do so. A second problem is for those Canadians who use debit or credit cards issued by US-based banks and credit card providers. This is because of a US crackdown on financial transactions to/from offshore betting sites following the passage of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). So, if you have a Visa card issued from a US provider, you may find transactions are blocked or declined for offshore betting sites.
Visa Variants – What Other Visa Products Are Available?
We mentioned before, in the brief history of Visa, that there are more to Visa payments than simply Visa debit and credit cards.
You have the Visa Electron card, which functions exactly the same as a Visa debit card with one exception – you are not allowed to go overdrawn and you have to verify every online casino Visa Electron Canada transaction. So, when you bet at an online casino using Visa Electron Canada, you can only bet what you have and no more – a good budgeting feature should you need it!
Next, the Visa Prepaid card system, a Visa card where you add funds to the card rather than tying the card to a bank account. This gives added security and privacy to your Visa online casino Canada betting
Finally, the Visa Gift Card casino Canada option. Essentially this works like a pre-paid card, but is a single-use card and cannot be topped up.
Visa is a big name in online betting for a reason. It’s long-established as a secure, trusted payment method and, when you use a Visa card online at casino Canada and worldwide, you will find it is available at plenty of online betting sites, here and offshore, it is easy to use and transactions are some of the fastest available.
All of these factors make Visa cards a perfect payment method for your casino betting – it certainly is for our casino betting!