Bet Online using your Visa Card

Visa-branded cards are among the most widely used around the world. Visa is nothing more than a payment provider company that issues credit and debit cards to various banks and other types of financial institutions. Both types of cards – debit and credit-are widely accepted in the world of online betting, making them one of the most popular methods among bettors.

In New Zealand, you may have noticed that several banks issue cards with this flag. If you have a bank account, for example, you may already have a card with this flag. If you don't, chances are you can ask for one. Depending on your bank credit, you may be able to opt for cards with different benefits.

For New Zealand there are also some restrictions on the use of Visa card in online casinos. These restrictions generally involve two separate factors: the country in which the company responsible for the gaming site is established, and the country in which the player lives. Based on these laws, your card may or may not be accepted at certain betting sites.

As in New Zealand online gambling still falls into a kind of “grey area”, which means that it is not fully legalized because it does not undergo any type of government regularization, New Zealand players may face negatives when trying to deposit or withdraw with their card.

Sometimes the impediment is caused by the site itself, which does not accept New Zealand players to use this form of payment. Other times, the impediment may come directly from the bank that issued your card and from your bank account, as some New Zealand banks do not allow transactions made to betting companies. But it is worth noting that it is credit transactions that suffer mainly from this limitation, debit ones not so much.

If you have a Visa and are unable to use it to place your bets, you can opt for an intermediate method such as Paysafecard and Astropay prepaid cards. With these cards in hand, you can deposit the amount you want on them through your Visa, and then use that balance at the casinos.

It is also worth mentioning that the use of the card for international transactions (as in the case of casinos and online betting sites, which are all foreign) entails the collection of certain fees and IOF (tax on financial operations).

The good news, however, is that if you manage to deposit through your Visa card at one of the online casinos we recommend , the speed of transactions is guaranteed. As happens when you make an online purchase, payment is immediate and in a few minutes you will be able to see the balance in your website account. Withdrawals, on the other hand, may take longer to process, as they involve internal security procedures, which we will talk about below.

Another advantage is that, despite the fees charged, some casinos offer small bonuses to those who make deposits with their credit card.

And if you are wondering about the security issues, know that o Visa card is reliable and one of the most widespread and secure payment providers in the world. It even includes the program Verified by Visa , which asks for an extra password to authorize the purchase every time you use the card, adding an extra layer of security and peace of mind to you.

In this sense, your payments are completely secure. But you also need to choose a gaming site that uses user security methods, such as the SSL certificate, which prevents third parties from stealing your card information and using it for their own benefit.

Visa is a credit or debit card (or both) issued by a financial institution. In this way, it will always be related to a bank account, with the exception of prepaid cards such as the Visa Travel Money, intended for foreign travel only.

For the use of cards in online casinos, remember that you can only use cards that are in your name, and never third-party cards. Using a card that is not yours will prevent you from making a withdrawal later, as you will need to prove that the money deposited is yours.

Let's now look at the differences between debit and credit cards when used as a payment method in casinos. Also check out our general guide on all payment methods accepted at online casinos for New Zealand players to know other payment options.

• Credit

  O Visa credit card it is widely accepted in online casinos. In New Zealand, there may be restrictions on its use, due to local legislation. In case your bank allows this type of transaction, making the deposit is easy. Just enter the card numbers on the page and choose the amount you want to deposit. The transaction is usually instantaneous, but fees and IOF will be charged as this is an international payment.

  With regard to looting, however, there is one important detail to consider. On sites that allow withdrawals to the credit card, only the amount deposited can be withdrawn, and nothing more than that. This happens because the withdrawal with the credit card is actually just a chargeback.

  In this way, it is not possible to withdraw more than the amount you have deposited. This limit can be quite uncomfortable for users. In the event that you receive a profit on the bets that is greater than the amount you deposited, you should contact support to find out by which method you can make the withdrawal.

• Debit

  Generally, debit card is less accepted in online casinos. It is only a valid form of payment if you have access to your online bank account, that is, if you have online banking . If you have, you can use the debit to deposit without any problem. The amount will come directly from your current balance.

  The transaction time for the deposit is usually instantaneous, and no IOF will be charged, but the fees imposed by the site persist. With regard to withdrawal, the process will be slower and you will need to verify that you are the legal owner of the account, as we have mentioned in more detail below.

Like any payment method, Visa has some advantages and some disadvantages. It can be a quick way to make deposits, but more complicated to make withdrawals. Due to the restrictions imposed by the banks and the casinos themselves, the New Zealand bettor can be held hostage by inconvenient rules and fees, making him opt for another method.

Check out below a little more about the pros and cons of using this card, which are similar factors to using other credit cards, such as Mastercard and American Express.

ADVANTAGE

• If you use online banking , you can make quick Deposits via debit card.
• Transactions for deposits are usually instant.
• Transactions for withdrawals can take a few business days, but are generally faster than those made through other payment methods.
• It is one of the most accepted cards in all parts of the world. There are a wide variety of casinos in New Zealand that we recommend accepting this payment option.
• It is a 100% secure method as the company uses the most advanced security technologies available.
• In the case of the Visa credit card, it is a flexible form of payment, since you can put the amount on the invoice to pay only on its due date. Pay attention, however, not to exceed the limit of your budget.

DISADVANTAGE

• Some Visa cards are not international and do not allow you to make transactions on foreign websites. However, you can contact your bank and ask for an international card, which shouldn't be a problem.
• Banks and casinos charge fees and taxes for every transaction you make with the card, either during withdrawals or during deposits. Therefore, if you intend to bet very high amounts in casinos, this may not be the most advantageous method.
• In casinos that use foreign currencies, such as the US dollar, and if you manage your bank account in Dollar (NZD), you will be subject to the exchange rates applied by the site.
• To have a debit or credit card, you must have a bank account with the Bank of your choice. This may not be a deterrent for you. However, some people don't like tying their bank accounts to casinos for personal reasons.
• When the credit card allows withdrawals, you will only be able to withdraw the same amount deposited, no more than that, according to the policies of the card itself.

Below, we explain the step by step to deposit and withdraw at online casinos with your Visa card . The process is quite simple and fast. If you are already used to using your card to make online purchases, for example, you will not have any difficulty in carrying out these transactions. You should only pay attention to choosing a site that accepts this type of payment. But don't worry: we have listed all the sites and casinos in a list further down.