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VISA Debit in South Korean Casinos
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As an online casino player from South Korea, you know that you are not really allowed to gamble online. But if you still do, then the best way to do it is by using VISA Debit as your payment method. Considering that this debit card is offered by no one other than VISA, it is a solution worth considering, as it comes with more perks than you can count. First of all, it is offered all over the world, South Korea included, and secondly, it is incredibly easy to get started with and use. Then, it allows you to transact in your native currency, the won, and transactions with it are instant, giving you an advantage as an online casino player. So, if you're eager to learn more about it and eventually start using it across online casinos, make sure you stay with us. What is VISA Debit and why use it across online casinos that cater to South Korean players?
Online Gambling Regulation in South Korea
South Korea is certainly an interesting case to examine when it comes to gambling and online gambling. Land-based gambling is legal in the country, however, it is an option in one casino only. What's more, locals are not allowed to access it or any other casino, for that matter, so, for South African players, basically, land-based gambling is off-limits, and only tourists are allowed to access the games offered in that one particular casino.
They are not allowed to frequent online casinos, either, though. Online gambling is strictly forbidden in the country, and the authorities have no intention to ever legalize it. In fact, you will hear about raids in South Korea to root out the online gambling habits of many South Korean players who decided to still gamble online, despite the ban. Yet, operators based across different countries in the world continue targeting South Koreans and giving them free access to their sites.
This has put authorities in a difficult position and they’ve been doing everything they can to wear Koreans off their world of online gambling. So, they took some pretty tough measures to tackle the online gambling addiction. South Koreans who dare to gamble online are faced with penalties, and internet censoring is in full swing, helping the authorities to track down illegal activities and block the IPs of all those international sites still trying to target South Korean players. There were even rumors that, with the authorities’ command, some financial institutions have been blocking transactions to and from websites even remotely connected to online gambling.
This brings us to our subject: what to do as a South Korean player still wishing to gamble online? Well, first of all, since your access to most international sites is blocked, you’ve probably found a way to access online casinos, and maybe even joined one. Now, assuming you have, you need to consider the payment method you’ll be using to conduct your online gambling transactions with. While it is not wise to use credit cards, as your credit history will be checked, you might want to consider using VISA Debit. This is a debit card offered by the one and only VISA, one of the biggest names when it comes to card brands, which is offered in South Korea, and all around the world for that matter.
Plus, it allows you to transact in your native currency, the South Korean won, and transactions with it are processed instantly. What more can one ask for? Add to that the fact that every second, if not every single, online casino you get access to offers it, and there you have it, the recipe for success. So, make sure you continue reading to find out more about it and see why it is a great option for you to consider using across the online casinos that cater to South Korean players.
Using VISA Debit Across South Korean Online Casinos
VISA emerged in 1958 as a credit card program launched in the US, offering an alternative to cash. Initially, it was only an option in the States, but with time, interest in it sparked across many other countries, and today, this is a global brand, offered literally everywhere, in every country in this world, South Korea included. It was around that time the company debuted its first debit card product, in 1975. The VISA Debit card was designed with a specific user pool in mind: those who do not have a clear credit history.
For the VISA Credit card, users needed to have a stellar credit record, to be eligible to get the loans from the bank that credit cards offer. But with the VISA Debit card, since you cannot take loans, but only use the money you have in your bank account, your credit is not reviewed. That being said, you still need to have a bank account in order to be able to use your debit card. Since virtually all banks in South Korea are authorized to issue VISA Debit cards, you shouldn't have any obstacles to get started with it regardless of the bank you have an account with. And if you're unbanked, you just need to visit the nearest bank, swiftly open an account in your name, and while there, on the spot, apply for your debit card.
On that note, to apply for the card, you do need to go to your bank, regardless of whether you already have an account or you need to create one. You need to fill out an application form with the needed personal details and then select the type of card you’re applying for, in our case, the debit card. Then, without providing any further documents but your ID, and without having your credit history checked, you will receive the bank’s approval and be asked whether you wish to pick up your card at the bank, once ready, or get it via mail.
Either way, the card will be ready within a week, in a sealed envelope. With it will arrive verification codes you’ll be using in the future. Once you receive your card, make sure it didn’t arrive with the wrong name on it, and check whether the envelope it came in contains the needed verification codes. In case you see something is missing, make sure you go back to your bank to check what happened. The chances of that happening are slim, but just in case, be prepared to check everything the envelope contains, as the card needs to be in your name and you need to have the verification codes in order to be able to use the card properly.
Assuming all is in order and your card arrives successfully, it's time to give it a try at your favorite online casino. Stay with us as in the next section we'll tell you what you'd need to do to start successfully depositing and withdrawing with your VISA Debit card.
Depositing and Withdrawing with VISA Debit
Fly Casino, Rooster.bet and WinPort are just some of the online casinos listed here at WoO that you can check out since they both cater to South Korean players and offer VISA Debit. Should you wish to expand your search, you are welcome to explore other sites of the over 70 listed that you can join as a South Korean player and VISA Debit user.
Once you find the right casino for you, the next step will be registering an account with it. You will need to provide some basic personal details to do it, and then follow these steps to successfully make your first deposit with VISA Debit:
- Access your registered player profile and look for the Banking/Cashier page.
- Find the VISA Debit's logo on the list of Deposit Methods and select it.
- Enter the needed card details in the pop-up, such as name, number, and expiry date.
- Set the amount you want to deposit in the appointed field.
- Confirm the transaction, authenticate it, and watch the funds arriving in your balance in an instant.
Theoretically, VISA Debit can be used for withdrawals, too. But the thing is, it is at the operator's discretion whether or not they will offer it as an option. So, the wisest thing to do is to check whether it is an option or not even before you join the casino you want to.
If it is an option, the withdrawing procedure will go as smoothly as the depositing one. You will basically need to repeat most of the same steps, but instead of looking for it on the Deposit Methods list, look it up on the Withdrawal Methods list. Find it, press its logo, and in the pop-up, enter the same card details as before. In step 4, set the amount you wish to cash out and confirm your request. The operator will take it from there and ensure everything is okay with your request, and you're meeting the criteria to cash out as much as you requested. Once you get the approval, in about 24 to 48 hours, the funds will become available on your card in no time.
Conclusion
VISA Debit is certainly a great method to consider using across online casinos as a South Korean player. With it, you will be making conversion fee-free deposits and withdrawals in your native currency, and your transactions will be super-quick. It is an option across a decent number of online casinos that cater to South Korean players, so the minute you get access to the site you’re eyeing, give it a go.
Visa Debit is popular in these countries
Casinos for Players from Korea, Republic of that Offer Visa Debit
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FAQs
It is legal to gamble online in South Korea?
No, actually, it is not. South Korea banned online gambling as soon as it appeared, and players are not allowed to frequent online casinos. Access to offshore online casino sites is blocked and players are penalized if caught gambling online.
Do many South Korean players join international online casinos?
Despite the ban and the penalties, still, many South Korean players are joining international online casino sites on a daily basis. They go around the blocks and get access to sites that accept South Korean players and enjoy their time just like players from other countries do.
Will I find VISA Debit across many online casinos that target South Korean players?
Indeed you will. The solution is offered across more than 70 online casinos here at WoO alone. These are all sites that both accept the solution but also accept South Korean players, so feel free to explore our list to find the exact casino for you to join.
Is VISA Debit accepted for withdrawals by default across South Korean online casinos?
Not necessarily. You need to double-check first, before you join the casino you intended to. The casino operator is the one deciding which methods will be offered for withdrawals, and even though VISA Debit offers the functionality, it doesn’t necessarily mean that the casino will offer it for withdrawals by default.
Will I be able to use VISA Debit to make a deposit at a South Korean casino via my mobile device?
Why not? If you managed to join the casino you wanted via your mobile device, you can certainly make a deposit with your debit card with it. You just need to enter the needed card details in the appointed fields and that would be it, regardless of the device you're using.