If you’re experienced in searching for good casinos to join, you know that across the sites you’re exploring, you’ve seen VISA Electron credit listed as an accepted method. And you know well enough that VISA Electron is, in fact, a debit card brand, launched by VISA to cater to a distinct group of users across the globe, over 30 years ago. So, is there a credit card launched under the same brand now? Continue reading to find out. You can rest assured that you’ll find plenty of sites that offer this solution, so stay to find out more about it. What is VISA Electron credit and why choose to use it at an online casino?
About VISA Electron Credit
Launched in 1985, a year before MasterCard launched a similar product, Maestro, VISA Electron is a debit card rolled out by VISA, one of the world’s leading card brands with unrivaled global recognition. While VISA needs no formal introduction, since it is a name you’re seeing left and right, across online merchant platforms, land-based stores and restaurants and any type of establishment where cards are accepted for payments, VISA Electron credit does require some clarification.
What happens is that VISA Electron is a type of debit card, as we all know, issued by banks and financial institutions authorized by VISA to issue such cards. While VISA does offer a regular debit card, the Electron is far more accessible and available globally when compared to the regular card. And while the regular card allows you to pre-sign an agreement with a bank and spend more than you have in your bank account, with the Electron, you can only use the amount of money you have and that's it. Plus, the latter is far easier to apply for, since you don't need to meet any special criteria and to get issued with one.
And while it was a perfect solution for online casino players for ages, who were eager to use it to fund their accounts and cash out winnings from them with it, in 2023, it was announced that VISA would discontinue this amazing card as of 2024, April. And that’s when the first mentions of VISA Electron credit appeared. People who were using the Electron debit card realized that now they must switch to other VISA products when it gets canceled, so they coined the term VISA Electron credit. Such an Electron credit card does not really exist, and won't ever exist, so when you see a casino offering VISA Electron credit, know that you are exploring a casino that offers VISA credit.
And, as you know, VISA is one of the top choices among online casino players, with its credit card being a hit across online casinos, therefore, you will be showered with choices when you start looking for the most well-suited casino to join. Continue reading to find out how to get started with the card and use it across online casinos.
Getting Started with It
As you probably already know, to get issued with a credit card, you need to have a bank account active. Therefore, if you don’t, which is highly unlikely, you’d need to visit a bank that is authorized to issue VISA cards; trust us, they all are. So, create an account with the bank you chose and you’ll be ready for the next step. Before we get into it, though, we should mention here that, while with VISA Electron debit, there was no need for customers’ credit history to be reviewed and approved, for VISA Electron credit, it will be necessary, so be prepared to get your credit history inspected.
So, once you’ve got an active bank account, you are ready to ask the bank desk clerk to give you the application form to apply for your credit card. You’d need to share personal details and even attach proof of address and proof of income documents, as well as an ID document, to complete your registration form. The bank will check your credit history and see whether you’re eligible to get issued with a card. If yes, then, good; in no more than 7 business days, the card will arrive on your doorstep, in an envelope. There will also be some codes there, needed for transaction validation and authentication, such as the PIN code.
Make sure you keep this envelope safe because you never know when you’ll need those codes. As long as you’re fully equipped now and you have your credit card ready, it is time to learn how to start making deposits and withdrawals with it across online casinos.
How to Deposit at Online Casinos with VISA Electron Credit?
VISA and MasterCard are two of the most popular card brands across online casinos, offered across most, probably all, online casinos out there. So, you’ll have thousands of casinos at your disposal, legit sites that offer VISA Electron credit to check out. Once you select several to explore, based on your preferences, do a thorough review of what they have to offer.
The one site that meets your expectations will be the one you'd need to join. Create an account with that site, by entering some basic personal information, and you’ll be ready to start playing. To make a deposit with VISA Electron credit, do the following:
Jump straight to your chosen casino’s Deposits section on the Banking page.
Look for the VISA/VISA Electron credit logo and press it.
In the pop-up, enter the card details in the designated fields and the amount you wish to deposit.
Confirm the request and you’ll see the funds arriving on your balance immediately.
A side note: The card details that you'd need to share here are the cardholder name, card number, expiry that, and sometimes, even the CVV number on the back of the card, meaning, you must have the card in your hand physically, to provide these pieces of information.
How to Withdraw Winnings with It?
Withdrawals with the credit card are quite popular since the solution is a huge hit with players. Therefore, if you wished to use it as your withdrawal method, you'd need to go through some pretty similar steps.
You'd need to go to the Banking page once more and this time, select the solution from the Withdrawals section. Next, you'd need to enter the needed card details and the amount you wish to cash out. The casino will take its time to check your request to eventually approve it, and if all goes well, you'll receive the funds in your bank account in a few working days. From there, you can use them again via your card, or cash them out, as it pleases you.
Fees and Limits
Fees, as with any other card, apply when using VISA Electron credit. These are not transaction fees, but some charges by the issuing bank for some services you might want to use.
Therefore, you’d need to go to your bank to get more info on the fees. But, you can rest assured that, when you first get issued with a card, you won’t need to pay anything, and when you’re using the card at your issuing bank’s ATMs. Some services that further facilitate your banking with the card come at a cost, so if you wish to use them, consult with your bank about the cost.
Allowed Countries
VISA is a brand with global acceptance, without a doubt. You would think that for VISA Electron was by default the same, but no, it was not accepted in a few countries like Canada, Australia, Argentina, Ireland, and even the US.
But, since you'll be using a VISA credit card, you can rest assured that no matter where you're from, you will be able to use the card. Except, of course, in certain online gambling jurisdictions, where a ban was approved for credit card gambling, like Australia, the UK, and Germany. So here, you won’t be able to use it for deposits and withdrawals across online casinos, even though it is a solution offered in your country.
Accepted Currencies
All currenciesare accepted with the credit card. Considering you will be using your bank account to draw funds from when paying with the card, it means the currency of your bank account will be used automatically.
Whether that would be the dollar or the euro, it doesn’t matter; your native currency will certainly be an option when depositing and withdrawing with the solution. Add to that the fact that, if your native currency is accepted at your chosen casino, you’ll even avoid paying conversion fees, and there you have it, the most perfect solution to use.
Visa Electron Credit Casinos
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Are there many online casinos that accept VISA Electron credit?
Yes, there are plenty. You will find the credit card offered across all casinos really, since VISA is one of the most widespread payment methods across the online gambling industry. It is right next to MasterCard, and the two are offered across all casinos, bar crypto-only sites, so you’ll have plenty of sites to explore to find the one you join.
How do I know if VISA Electron credit is accepted at the casino I want to join?
You would need to check the Banking page or look for its logo at the bottom of the homepage, as it usually is displayed there. But as said, unless you’re eyeing a crypto-only site, you will certainly be able to use it.
Is there a Customer Support to get in touch with in case I have problems with my VISA Electron credit transactions?
Yes, sure. You can certainly get in touch with your issuing bank’s Support team, and they’ll help out as fast as possible. You can also try your chosen casino’s Support agents, as they are also trained in helping out players with any difficulties, but you also have VISA’s world-class Support Centre at your disposal.
Is the solution on social media?
Yes, of course. You will find VISA on LinkedIn, Instagram, Twitter, and Facebook. Follow any of these profiles and you'll be up to date with all the news introduced by it.
Do fees apply for each transaction I make with the credit card?
For transactions, no, no fees apply. But, as said, fees apply for certain services you might want to use, so make sure you get in touch with your bank to find out how big or small they are, depending on the services you’re using.
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