Payment options at online casinos are among the most crucial aspects for the gambler. To be able to make an informed choice about whether an online casino is worthy of one’s time and money, one should be able to assess the platform - and the payment options it offers, as well, Visa being one of them.
Canadian gamblers have numerous options for online gambling, and for online payment processing companies available to them. However, even such globally available methods like Visa cards may have some limitations, so Canadian gamblers should be aware.
Visa Inc., a US financial corporation, has been on the market since 1958. While Visa products are popular and used by many people, Visa is more business to business company collaborating with other companies. It does not issue plastic cards on its own, it only offers support, high quality, data protection, etc. Due to its reliability, experience, and reputation, many companies collab with Visa and offer products backed by this corporation.
Today, really very few countries do not have Visa service. Visa is the world’s second card payment organization, able to process around 100 billion transactions per year. There are about 300 million cards by Visa only in US, and around 800 million cards outside the US.
There are tons of benefits and perks that make Visa a nice option for online payments.
Finding an online casino accepting Canadian gamblers and also offering them Visa as a payment method is actually the hardest part of the task. Yet, even if you manage to spot such a platform, there are still some things you should keep in mind before you dive into real money gambling.
Creating Visa Account
Visa is a huge corporation, and it does not issue cards on its own. So, there are two ways to get a Visa-branded card for payments. One way is to visit Visa official website, and check what companies in your country collaborate with this corporation. Then, go and order a card from one of these local companies. Or, you can go the other way round - go and check what financial institutions in your country offer Visa-branded products, be it plastic cards or online accounts like Visa Electron. Then, go and order the product you want. Please keep in mind that these financial institutions take security and legitimacy seriously, so you will have to provide a bunch of documents, and go through a verification process.
Deposits via Visa
If you are able to deposit via Visa, the process itself is simple. You go to your casino Balance page, click Deposit, indicate the sum, and choose Visa in the drop-down menu of available methods. Then confirm the transaction, and your money will arrive in your casino balance in a matter of minutes; in rare cases, it will take a few hours.
Bonuses
We have never seen any exclusive online casino bonuses for players depositing specifically via Visa, so you are unlikely to enjoy VIP casino treatment because of your payment method. But you will most likely be eligible for other promotions, and most of them can be claimed before depositing, or rather, in the process of depositing. So check the Promotions page before making a deposit, maybe you will find a bonus you would like to claim.
Withdrawals via Visa
If you can deposit with Visa, you may not be able to withdraw onto the Visa card. Banks can be really picky about transactions from online parlours. So, make sure you double-check the rules of the parlour, and the laws in your jurisdiction. If you request withdrawal to the Visa card and it is not allowed, your withdrawal will be rejected, it will take many days to get the money back onto your casino Balance, and you will have to think of a different withdrawal method for the parlour. So, avoid this headache if you can. In case withdrawal is possible, it is easy - click Withdraw, indicate the sum, and place a request. The parlour will check and confirm your request, and you will get your money in several days.
Visa Commissions
Banks and other financial services that use Visa apply around 1,5% fee, on average, to all transactions. However, the rules may differ depending on the financial service you use. The parlour itself must not apply any additional fees to withdrawals, so watch out it would not do that.
Visa Mobile
Most online parlours for Canadians are already fully mobile-compatible, and many of them have official casino mobile applications available. However, it depends on the online payment processing service you use for Visa payments, whether you will have a mobile app for your payments, or not. Maybe this is a question to research beforehand.
Visa is a reliable and secure company, and it collaborates only with the most reputable partners. So, in the majority of cases, your money is safe with a financial service that has Visa-branded products. The other question is whether the online parlour of your choice is secure. To make sure, check its license, certification, and reputation in the web. This small research will prevent you from registering and risking your money at a scammy parlour.
If the online parlour is licensed - preferably holding a license by the Kahnawake Gaming Commission - it is legal for Canadians to gamble at such a platform.
Pay attention to online casino sites that have licenses and certifications. They should offer a wide choice of banking methods, and have at least 500+ game titles in the lobby. Check if the games are backed by several software providers, not just one.
Using VPN for real money gambling online makes no sense, because the parlour will sooner or later - and mostly sooner - find out that you are not eligible for real money play due to your location, and will block your account. Maybe it will send your deposit back, maybe not, but it is better to avoid such risks, and gamble at sites legally available to you.
Most often yes. Payment processing companies that have Visa-branded products are usually very careful in choosing merchants that connect their services. So it is almost impossible to accept Visa payment illegally.
Almost every casino online Visa offers some casino games in Play for Fun mode, meaning the player may not risk their money to make bets, and enjoy the games as much as they want. However, the drawback of Play for Fun mode is that the player wins no real cash. If you want to play free of charge and yet win real cash, you need to find a parlour that has No Deposit Bonus promotion.
If there are Live Dealer Games at casino Visa Canada lobby, you will most likely to able to play those, regardless of your preferred payment method.
If the Visa casino online of your choice is a real money casino and not a social one, you can definitely win some real cash playing games. All you need is to make a real money deposit, follow the casino’s rules, and be lucky enough to win.
If the Visa casino online of your choice is a real money casino, and not a social one, you can definitely win some real cash playing games. All you need is to make a real money deposit, follow the casino’s rules, and be lucky enough to win.
If a casino with Visa has No Deposit bonus among its promotions, and you are eligible for it according to the rules, then yes, you can try and claim it. Just read all Terms and Conditions that apply, in order to make an informed choice.
Safe Canadian casino Visa should have a license, better by the Kahnawake Gaming Commission, partner with a healthy number of payment processing companies, have a decent reputation, and provide data protection for the users’ data.
Visa casino Canada can be rigged in theory, but such parlours do not exist very long. If you are not sure about a particular site, check its legal information, research reputation in the web, and read some online casino reviews. Such a careful approach will help you stay on the safe side.
Reviewed by - Mike Hunter
Hi there hunter. I’m Mike, gambler and casino expert. Subscribe, grab your rifle, and let’s hunt down some juicy prizes!
