Visa Electron is a very popular debit card (also available as a credit card in exceptional circumstances), available in most countries except the United States, Ireland, Canada, and Australia.
On this page, you will learn:
- What a Visa Electron Online Casino is
- What the best Visa Electron online casinos are
- How and why you should use Visa Electron at online casinos
Our 5 top rated casinos Supporting Visa Electron
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Use Visa Electron at Online Casinos
Visa introduced the card in 1985, and since then, it has served as a sister card to the Visa debit card. The difference lies in the fact credit cannot be exceeded, and a negative balance is not possible. Essentially, the payer uses his own money for his purchases, no more, no less!
Visa Electron is one of the most used debit cards in the world. The card is especially popular in Europe, Africa, and the Middle East. In the online gaming world, it’s hard to find casinos that don’t allow this payment method. Unfortunately, the same cannot be said for many online stores and offline payment terminals. This method isn’t supported there because it’s not possible for the systems to check whether or not you have sufficient credit in your account.
How Does Visa Electron Work?
Visa Electron works the same as the regular Visa card. Every transaction must be approved electronically. This is an essential advantage for online players because it allows them to gain more control over their spending. Mainly, you never spend more than you have at your disposal.
Are you making a payment? With Visa Electron, the money is directly debited from your checking account. Since you can only use your account, no interest is charged. For players who want to control their spending, Visa Electronic is the ideal payment method. This level of control over your spending is unparalleled as other payment options cannot match that.
Processing Times
Payment processing times are top-notch. Customers have to confirm every transaction, but once that’s done, the money is transferred immediately and without further ado. When you make a transfer to an online casino, it’s processed quickly and deducted from your checking account, giving you, as a player, complete control over your spending. You never spend more than you can afford. However, some casinos may require a minimum deposit amount for Visa Electron users.
When a payout is made from a casino to Visa Electron, the balance on the casino’s account is usually updated immediately, although this may vary from one casino to another. Each casino has its procedures, and up to a maximum of five working days (depending on the casino) may be required to credit your account. Again, expect a minimum and maximum payment limit at most online casinos. Where possible, read the terms and conditions to avoid disappointment.
Deposit with Visa Electron
- Head to the banking section of your online casino, then select the relevant depositing option.
- If this method isn’t specifically offered, contact customer support first, to make sure it’s accepted.
- Fill in a few details, including your name, account number and the CVV number.
- Submit the depositing request and the money will be transferred into your casino account immediately.
- Normally, there are no additional costs involved in making transfers using this method.
Visa Electron Withdrawals
Unfortunately, these cards can’t be used to withdraw money from online gambling sites. Instead, when you’re ready to withdraw, you can choose another withdrawal option, such as a different type of VISA card, or e-wallet.
Support
On the Visa website, you can contact the customer service team by clicking on the ‘contact us’ option. However, the contact us option is not a 24/7 live support system. As a user of Visa Electron, the best way to get in touch with customer service is by contacting the nearest Visa provider, as they make the terms and conditions, and not by the Visa offices.
Is Visa Electron the future?
Visa Electron offers customers the possibility of withdrawing cash from ATMs, even abroad. This is made possible by the fact that Visa Electron cards are linked to the Visa PLUS interbank network.
It’s also important to note that in the United Kingdom the card is far from being accepted everywhere, unlike the Visa Debit card. Since 2015, most banks in the United Kingdom have stopped using Visa Electron. Of all the big names in the banking world, Halifax is the only one who still works with Visa Electron; the others work with Visa Debit. Lloyd TSB (now Lloyds Bank and TSB Bank), Barclays, Santander and Co-operative Bank have shifted their attention to ‘all authorized’ Visa debit cards for their regular account holders.
Ease of Use and Safety
Although its future may be a little uncertain, Compare Casino recommends using Visa Electron for banking matters related to online casinos. The card is easy to use, safe, accepted in many places and also offers all kinds of deposit bonuses you can redeem at various online casinos. While e-wallets continue to grow in popularity to transfer money to online casino accounts, many casinos don’t allow their players to cash out in the same manner. Casinos that accept Visa Electron are plentiful and will usually allow players to withdraw cash to their debit card.
Play at Online Casinos with Visa Electron
After reading this page, we hope to have informed you sufficiently so you can play an online casino with full confidence and make big winnings. Whatever game you play at CompareCasino, you’ll find all the explanations, strategy and tips you need to boost your bank account. We’re always ready to help you if you can’t figure it out on your own. Feel free to contact us by e-mail. One of our enthusiastic team members will get in touch with you directly and solve your problems immediately. Furthermore, we wish you lots of happiness and fun.
Online casinos at CompareCasino.com
Online casinos have improved enormously, and offline casinos can hardly compete with the technology, speed, and bonus payments online casinos offer today. That is why CompareCasino has been releasing articles and reviews to help you (the player) make the right decision.
What are we helping with? Which online casino is best? We look at security, reliability, payments, promotions, software, design and games. After reviewing these categories, we will give them a score and put them on our top list. This way, you can see which is currently the best online casino in your country of choice.
All casinos offered on CompareCasino.com have been tested and approved by our experts. For the best online casinos, you’ll also find an icon at the beginning of the review indicating that we highly recommend the casino. If you have any problems with a casino, please contact us immediately.
Pros & Cons
Pros
- Widely available at online casinos and exceptionally easy to use.
- Emergency Cash Advance Service.
- Established reputation and secure payments.
- Almost instant deposits.
- No extra fees.
- Complete control over your transactions.
Cons
- Can’t be used to withdraw money at online casinos.
- Keeping track of finances slightly difficult.
- Players must fill in all banking details.
Visa Electron Online Casinos FAQ
Should I Opt for Visa or Mastercard?
We would recommend Visa. This because, while both are similar, Visa has an edge as it is slightly more universally accepted and offers deposits and withdrawals more frequently.
What’s the maximum deposit and withdrawal with Visa?
This is hard to answer as it will usually depend on the casino but ultimately, it can be tens of thousands of your chosen currency. By far, Visa offers the highest limits of all the banking methods found online.
Is Visa the best casino banking option?
We would strongly advise it, yes. The only downside would be the withdrawal times but for the added convenience and security it provides, it certainly has an edge.
