Visa

Visa Inc. is an international financial services corporation with its headquarters in California. NetEnt online casinos worldwide allow their players to make deposits using Visa-branded credit/debit cards. Visa supplies branded payment products to banks and financial institutions enabling them to issue credit/debit cards and prepaid cards bearing the Visa brand to consumers who apply for them.

According to the Nilson Report of 2015, VisaNet, the international network of Visa, processed transactions worth US$6.8 trillion. The transaction volume of this network is thrice that of MasterCard and 14 times that of American Express. Visa operates in countries all over the world except Antarctica. Visa Europe is Visa Inc.'s exclusive licensee in the European Union, focusing on issuing Visa Credit and Visa Debit cards.

Most of Visa's international transactions are processed through VisaNet and transferred to secure data centers located in Colorado and Washington D.C. These data centers are well-protected from terrorism, natural disasters, and crime. They are equipped to operate independently and handle as many as 30,000 transactions simultaneously.

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What is Visa?

The working of Visa is slightly difficult to understand. To use Visa at NetEnt casinos, customers should first get hold of a Visa credit, debit, or prepaid cards from a bank, financial institution, or credit card company. These cards are essential to load a NetEnt online casino accounts.

To make a payment, card holders have to provide card details such as card number, name of card holder, CVC number, and card expiry date. Customers have to input the amount they have to pay and hit the submit button. The merchant's website will then forward an authorization request to the consumer's bank.

The bank takes a few seconds to process the request and then sends a response approving or declining the payment. Later, the merchant's website will send a message so that fund transfer from the consumer's account to the merchant's account can be initiated. Merchants do not receive the full amount because a certain part of it will have to be paid as fees to all the parties involved in the process, including the bank and its partners. This fee is usually 3% of the amount received from the consumer as payment.

How to Make a Deposit Using Visa at NetEnt Online Casinos

Needless to say, NetEnt casino players need to have a Visa credit/debit card to load funds into their accounts. Depending on the NetEnt casino they have registered at, players have to select either Visa or credit cards as their preferred banking account. If they select credit cards, they will have to choose Visa from the options presented.

Next they have to provide card details such as the card number, name of the card holder, expiry date, and the CVC code at the back of the card. They also have to input the amount they would like to deposit to their accounts. The next step is to confirm the payment and hit the submit button. Funds will be instantly made available for real money gambling at the online casino.

Visa deposit limits also vary from casino to casino. In most casinos, players have to deposit at least $10, but can go up to $1000.

How to Make a Withdrawal Using Visa at NetEnt Online Casinos

To withdraw winnings to their Visa credit card, players have to visit the withdrawals page of their online casino and select Visa as a withdrawal method. They have to enter their card details just as they did while making a deposit.

Players should, however, note that not all casinos accept Visa as a withdrawal method. Players can make a deposit using Visa, but have to select a different payment method for withdrawals.

Withdrawal fees vary from one casino to the other. Some casinos allow players to make one free withdrawal per month, but charge fees for all extra withdrawals. Depending on their bank, players may have to wait up to seven days to get their winnings.

Fees

Some NetEnt online casinos do not charge players for using Visa, but some do. The fee varies from one casino to the other. If the service is not free, players will be charged anywhere from 2% to 3% of the deposit amount. Some casinos charge fees only for deposits below a certain amount.

Visa withdrawal fees too vary from one NetEnt casino to the other. In some casinos, it is absolutely free to use withdraw through Visa. In some others, only a specific number of withdrawals per month are free. The rest are charged according to the amount withdrawn.

Banks and credit card issuing companies may also charge a fee, but the exact amount varies from bank to bank.

Pros of Using Visa

• Easy - Funding one's online casino account with Visa is easy and hassle free.
• Instant - The funds are instantly transferred to players' accounts.
• Play on credit - Players can load their accounts with funds even if they do not have any money in their bank accounts. Of course, this is a loan supplied by the bank and players will have to repay it with interest.

Cons of Using Visa at Online Casinos

• Playing with credit - Since you can play with credit, you may lose control over the amount you gamble away at online casinos. If you want to establish control over your bankroll, you should use a Visa prepaid card or debit card.
• No anonymity - Many players are uncomfortable about revealing credit card details to third parties as it increases risk of fraud and cheating.
• Banks can decline payments - Sometimes banks do not approve card payments because of unfavorable gambling laws.
• Not free - Some casinos charge players for using Visa for making deposits and withdrawals.

NetEnt Casinos Accepting Payments through VISA

Finding a Visa casino is easy as it is one of the most popular payment methods in the world. Some of the most popular NetEnt casinos accepting payments through Visa are Guts Casino, GDay Casino, and Thrills Casino, to mention just a few.