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Visa: A Brief History

As a company, Visa carries a legacy stretching all the way back to 1958, when Bank of America launched its very first consumer credit card program. In 1975, the very first debit card was launched and in 1979 Bank of America became Visa, a name pronounced exactly the same in all countries, thus entrenching its ability to appeal to an international audience. In 1983, Visa launched the first ATM (Automated Teller Machine) to offer cash availability 24/7 and in 1995 the first chip cards were unveiled. In 2007, the company restructured itself to become a global corporation known as Visa Inc. 2008 was the year in which it launched its first mobile platform. Today Visa offers its services to over 200 countries and is one of the most common means by which players are known to make deposits and withdrawals at online casinos.

General Online Casino Withdrawal Information

It’s worth noting that a withdrawal is not necessary after each gaming session. Instead, you can maintain your account with a positive balance which will be recorded by the casino’s server. This way you save on processing costs which are always hidden somewhere, be it on behalf of your bank or your e-wallet. It is also worth noting that not all payment mechanisms will have a processing fee, but let’s be frank, this is still banking, and banks and financial institutions always have ways of making money off you. So, in essence, only withdraw when you need to.

All your withdrawals are made through the casino software. All you need to do is click on the ‘bank/cashier’ button, then on ‘withdrawal’ and enter in the amount you’d like to take out. The withdrawal amount is then recorded and processed within anything between 2 – 3 days. Thereafter the process of the cash reaching you can be 1 – 6 business days. In the case of Visa it’s usually 2-6 business days.

Countries to Which Visa Withdrawals Cannot be issued:

  • Colombia
  • Hong Kong
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Malaysia
  • Venezuela

Making a Deposit with your Visa Card

Making a deposit at an online casino in NZ with your visa is the easiest thing in the world, and if you’ve done business with other websites then your casino experience will be exactly the same or very similar. Simply click on Banking and then on Deposit. You will then be directed into the casino banking lobby and before you will appear all the options. You will find all the Visa options under ‘Credit Cards and ‘Debit Cards’. Click on the ‘More’ key to reveal the full extent of the Visa options and choose your preferred one. Once you’ve done that you’ll need to key in your Visa card details which will entail the following:

•    Card Number

•    Expiry Date

•    Card Holder’s Name

•    Bank Name

•    If Card is prepaid or virtual

•    CVC Number

Click ‘Next’ to confirm the amount and the transaction to be completed. You will now have online casino credits to use on whatever game you’d like. Something worth noting when it comes to Visa is that there will be times when you might get a rejected purchase despite there being money on your account. This is due mainly to the fact that banks aren’t always that keen on transactions with online casinos – it’s why e-wallets and things of that nature are often recommended as better alternatives. However, in the case of your Visa deposits, the best advice we can give you is to simply deposit in odd increments instead of flat, even ones. Thus, don’t deposit NZ$ 20 but instead deposit NZ$ 20.99. A simple change like this improves the likelihood of an accepted transaction.

FAQs

While you’re more than likely familiar with using Visa as a means of making transactions at your favourite merchant or online casino, there’s always a chance that you may have a few questions. Below, we try and answer some of the most commonly asked ones. Should you have any further concerns, we advise chatting to your banking institution directly, or the customer support team of your favourite online casino.

How quick are Visa transfers?

When it comes to making a deposit using a Visa card, funds will generally reflect in one’s casino account instantly. When it comes to making withdrawals to a Visa account, this can generally take between 2 to 6 days – but it is important to know that, while different online casinos may have different pending periods and processing timeframes, there are similar processes on the bank’s end. As such, the time it takes for funds to reflect back in a player’s bank account will depend not so much on the online casino in NZ, but the banking institution itself. 

How does Visa compare with other credit cards?

It goes without saying that Visa is one of the most famous credit card brands in the world, next to Mastercard. Their products have expanded to include debit and even prepaid cards, too. You would be hard pressed to find an online merchant that doesn’t offer Visa as a payment option, and while different people may prefer other brands, what sets Visa apart is its reputation and worldwide recognition. What’s more, it can (more often than not) be used to make both deposits and withdrawals at various online casinos in NZ.

Is Visa a safe form of payment?

Yes. Visa itself is a highly reputable brand, and one that is used around the world for all means of online banking. What one should always be mindful of, however, is the destination at which they choose to transact. Not all online casinos are licensed and registered, so as safe as Visa itself is, it’s always important to play one’s favourite online pokies and other online casino games at a destination that is deemed safe and fair.

Are there any casinos that offer bonuses when I deposit with Visa?

While there are some online casinos out there that might occasionally offer bonuses for specific payment methods, either as part of a welcome offer or special promotion, you’re certain to find a safe and secure online gaming hub that offers bonuses for deposits made with Visa. An example of one of the best online casinos in NZ that does so is, of course, JackpotCity casino. NZ players can use their Visa card to make deposits, and all new players are treated to a generous welcome bonus. Plus, with special daily match offers to look forward to as well, those Visa deposits can certainly reap some extra benefits. That being said, Visa is not the only payment option at JackpotCity – this hub offers a massive range of other methods, but Visa remains a popular choice.

Can I withdraw my winnings with Visa?

At many online casinos in NZ, JackpotCity included, Visa can be used as both a deposit and withdrawal method. Some online casinos offer certain banking methods for only one type of transaction and not the other, but JackpotCity sports both. Of course, given worldwide regulations and legislations, and the fact that these are always subject to change, it’s a good idea to try and keep up to date with your preferred online casino and its banking methods. Most of the time, important updates will be communicated to you, especially if you have opted into correspondences.