Visa Introduction

Visa Inc, a multinational corporation is commonly referred to as VISA (Visa International Service Association). This corporation has a listing in the NYSE under the name V. VISA is the world’s largest electronic payment network and manages payments for financial institutions, merchants, consumers, businesses and even some government entities.

VISA was originally launched in 1958 as the BankAmeriCard as part of the Bank of America’s credit card program. The credit card was the brainchild of one of the bank’s branch managers who realised that it would be relatively simple for the bank’s computer systems to prepare customer’s bills across a wide array of businesses instead of individual merchants preparing these accounts manually. The idea proved to be brilliant, and according to the Nielsen Report in 2006, Visa held 44% of the market share in credit cards and 48% of the debit card market share in the United States. The corporation operates out of San Francisco in California.

How does Visa Work?

The Visa credit cards work on the same principle that governs other credit card. The cardholder’s application needs to be approved by Visa before the cardholder can use it to make transactions. All purchases made in an online casino known as CNP or Cardholder Not Present transactions.

Once the cardholder enters the credit card number, VISA uses the additional security provided by a tool called ‘Verified by Visa’ to establish whether the customer has a valid card with sufficient credit, the transaction is approved by Visa. In order for the transaction to be completed, the cardholder either confirms it with a signature or a Personal Identification Number to verify ownership of the card.

Every month, the cardholder is issued an account statement that details the purchases made during that billing period, any outstanding fees and the total amount due. The cardholder can choose to pay the total bill amount or a certain minimum amount payable by the due date to avoid late fines.

The Visa Corporation also offers a debit card for its clients. Like most other debit cards, this card can function as a credit card for online purchases as well as an ATM card. The debit card is slightly different from a credit card because it has direct access to your bank account. As soon as a purchase is made using a debit card, the purchase amount is immediately deducted from the bank balance. This ensures that your spending does not exceed your bank balance. These transactions are usually secured with PIN authentication.

Visa Pros and Cons

The VISA card has only one visible drawback, and that is the high rate of rejection for credit card transactions in many casinos. Apart from this, the, with a VISA card, you will find it simple to transfer funds to an online casino. Not only does it facilitate ease of use, but it also has proved to be extremely safe. As for fraud management, the Verified by Visa system has prevented many fraudulent transactions from being completed. Overall, the VISA card provides the consumer with a reliable platform for all online transactions, and online casinos are no exception.

Related Reading

Bonuses if you deposit with Visa

Genting Casino

Exlusive Bonus
100% up to
£
1000
Sign Up Bonus -
UK
  • 50xB
    lowest WR

Wagering Requirements

  • 50xB
    slots
  • 200xB
    baccarat
  • 200xB
    poker games
  • 200xB
    sicbo
  • 500xB
    other blackjack
  • 500xB
    video poker
Games that do not count towards completing the wagering requirement: Classic Blackjack, Casino War, Other Blackjack,Sic Bo, Video Poker, American Roulette, Craps, Other Roulette, Baccarat, Poker Games, Parlor Games
Note:
Game contribution: Baccarat (all variations), Pai Gow, Sic Bo, Red Dog, Spin-a-Win,  Stravaganza and Wild Viking 25%; Ugga Bugga, Tres Amigos, Ocean Princess, Funky Monkey, Triple Profits, Jungle Boogie, Cinerama, Video Poker and Blackjack (all variations except Blackjack Surrender and Blackjack Switch) 10%. This Offer is valid from 00:00 on Tuesday 2nd February 2016 to 23:59 GMT on Wednesday 31st October 2016 (“Offer Dates”).

Lincoln Casino

Exlusive Bonus
100% up to
$
1000
Sign Up Bonus
 
  • 20xBxD
    lowest WR

Wagering Requirements

  • 20xBxD
    slots
  • 57xBxD
    poker games
  • 57xBxD
    casino war
  • 200xBxD
    classic blackjack
  • 200xBxD
    other blackjack
  • ... + 3 more
  • 200xBxD
    video poker
  • 200xBxD
    craps
  • 200xBxD
    baccarat
Games that do not count towards completing the wagering requirement: Classic Blackjack, Casino War, Other Blackjack,Sic Bo, Video Poker, American Roulette, Craps, Other Roulette, Baccarat, Poker Games, Parlor Games
Note:
This bonus is available for valid credit card purchases only. 100% up to a maximum bonus of $1,000 on your first 5 deposits! 5x$1,000. In order to claim this bonus; check the appropriate box in the cashier when purchasing your credits. The bonus funds will be automatically added to your account immediately once your payment is authorized.

769 Casinos Found

Refine Results
Sort:

Refine Casinos

rating

Overall Ratings

5.0
/ 5
From one vote

Member's Feedback (1)

  • Josh2

    LCB Admin

      admin
    • male
    • online

      Know your limits!

      I hope you enjoy the new site!
      • 66
        thanks given
      • 254
        thanks received
      5.0
      / 5
      Awesome
      Always easy to use Visa and super convenient if the casino can deposit the funds back to it.

    Highest Community Rated Online Casinos

    Swipe left or right to see more

    Latest casino forums

    • Hi Casinista932, This is Jack Jelinek from Winaday Marketing Department. First off, many thanks for chosing our casino site among many others in order to deposit, and have fun playing our games, furthermore congrats...
      Winaday...but not today! :|
    • Index
      Hi MzCoraE, This is obviously an error since tourneys from certain casinos are added to our list automatically. This error has been reported to our admins and will be removed shortly. Please note that we do not...
      Exclusive Tournaments from Other Sites
    • Index
      This topic has been moved to Complaints. https://latestcasinobonuses.com/onlinecasinobonusforum/player-complaints/rival-casinos-0622dd64-0561-49a0-82b2-54a584df0965
      MOVED: rival casinos

    lcb activities in the last 24 hours

    • 22
      new members
    • 489
      members online
    • 9303
      guests online
    • 107
      new posts
    • 2648
      free games played
    Join the club

    Join today and start earning rewards

    You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
    S logo

    Select Language

    Search

    Search Results

    39012170