VISA. HISTORICAL BACKGROUND
The origin of Visa refers to the year of 1958. Bank of America started production of credit cards with mane BankAmericard on them. It took place in California, Fresno city. Since 1965 organization started to draw up agreements with different banks outside California with regard to usage of credit cards system. Spreading all over the world the name BankAmericard didn’t have a success for many reasons. It was changed to a shorter one and easily pronounced: “Visa”.
The founder of the Visa credit card association who invented this very name considered that it’s momentary rememberable and universal for people from all over the world. The first transaction with a card with a new logo was dedicated on July 26, 1976. Creating an easy access to cash Visa consolidated with PLUS ATM in1986. In October 2007, Visa Inc. was established as a separate legal entity. The company has several branches: Visa U.S.A., Visa International, Visa Canada and Inovant. Visa Europe did not become a branch, but remains owned and operated by European financial institutions – members of the association.
For the moment being payment cards are an essential means of calculation. It is being used by a lot of people all over the planet. It gives convenience and opportunities to pay instantly in a shop, or being far away as a remote payment. Whether you pay for goods or services – Visa cards are so universal for everything. Statistics says that approximately 2000000000000 (two trillion) cards in usage. Can you imagine such numbers?
ACCOUNT IN VISA CASINOS. SETUP
Entering the section with payments you will be offered two alternatives – Visa and the famous MasterCard being the greatest opponent. Visa allows not only to create deposits but withdrawal operations as well. Tap the button to choose the method and you will be redirected to the web-page where several standard questions require your bank information. After you specify your personal live data, you are ready to proceed to the game directly. The spaces to fill in are the following:
- full forename of the applicant
- sixteen digits’ number on the front side of the card
- card expiration date – MM/YY
- security code from the back side.
VISA CASINOS. ADVANTAGES OF USAGE
Visa is one of the world major company that provides quality of all activities. The big name speaks for itself and all technical processes are always under control. We can definitely call Visa fast and safe method to transfer your finances. When you desire to join any online casino with visa options you will experience how simple and fast the operations are. Creating gaming deposit will take just a moment. From your side you only need to fill in the data according to requirements. The card works itself if it’s possible to say so. In no time you are provided with a deposit and you are very welcomed to drawn in your successful game.
Undoubtedly safety is the most vulnerable question for almost every user of visa card. Systems and technologies providing security work 24/7. It is promised that private and banking information is kept inaccessible and no worries shall bother you.
Although on the other hand, being a counterargument, they say there is a slight possibility in theory that choosing visa method of payment as described above, may lead to security leakage and some personal information may be hacked by a system administrator who has access to the network. To some extent we may say that level of confidentiality is probable to be low. SMS confirmation code is an option for sure but you have to verify those casinos you desire to play in. In spite of all mentioned possible disadvantages, it is clearly seen that Visa services stay the most popular among all the others as people prefer digital payments nowadays especially making purchases online.
Talking about depositing and after withdrawal procedures, several moments shall be mentioned. Payment of online deposit for any casino is technically a purchasing process and the finances will be transferred immediately. Unfortunately cashing out on the contrary takes longer period of time. Sometimes it can reach a duration of a week or even more. In this case it doesn’t always depend on the Visa corporation but on casinos where you have an account. We strongly recommend to pay good attention to the reviews and reputation of a casino prior to entering it. Sometimes online clubs do not process withdrawals to Visa cards at all.
VARIETY OF VISA CARDS
As there are several types of issued cards which have their specific differences. First of all, of course, they supply different services. It depends on the level of card. Secondly, they differ visually by design and style. Visa Gold and Visa platinum are a good example of this. As it is worked out by the producer company, style and meaning usually go in pair. Both individuals and legal entities can obtain these cards without any difficulties. Also cards may be divided into classes according to the financial solvency of a customer. Cards are presented as:
- Business Electron Card;
- Business Credit;
Such a convenient type of a card as Visa Virtual has been issued for those who actually have no need in having a physical card itself. It is enough to have card number, the date of expiration and security code of course. This is a perfect alternative for constant internet users who prefer to shop online most of the times. Users of Visa may get some discounts or bonuses just because they own a card produced by Visa Inc. But the risk of lower security level in such cases is a bit higher.
We would like to draw your attention to the point that in case when an amount of money shall be used as a prepayment for a virtual card, this sum may be not possible to refill. At request Visa can provide its customers with virtual anonymous cards. On the other hand, whether you will be requested to verify the card by the means of user’s name, problematic situation may occur.en difficulties arising in systems that require a user’s name verification.