Visa deposits at online casinos
Depositing money with Visa at online casinos is the most popular method for real money players. The fact is most Kiwis have a credit card and it’s the most timely method to get started playing casino games.
NZD deposits to online casinos via credit or debit card should be instant and attract minimal bank fees. While most online casinos will accept debit cards, not all cater for Kiwis.
What is Visa?
It’s a common misconception that Visa offers a payment service to people. Rather it offers the technology to various banks and other institutions around the world.
So for instance in New Zealand, ANZ Bank of NZ might offer customers Visa cards, but though it carries the same branding (Visa) as other banks, it has little to do with other carriers of Visa.
Visa is the biggest payment system in the world with more than 1.6 billion cards issued worldwide, with at least 200 countries’ banks issuing this type of card.
How to use Visa at an online casino
The first thing you need to do is find a casino that accepts Visa (which is nearly all of them). Make sure during the sign-up process you put in your correct details otherwise you may run into trouble when you’re depositing or worse still, when you’re withdrawing winnings.
You then need to visit the cashier section of the casino and select Visa as your deposit method. You will then be prompted through the steps, with your Visa number, name, expiry date and CVC code some of the details you will require.
Once you have completed these details you will be asked how much money you wish to deposit. Usually NZD credit and debit cards will have a cap on how much money you can spend in a day but this will vary from person to person and from bank to bank.
Often the online casinos will also have a cap on how much they allow you to deposit with Visa. This ranges from anywhere from NZD $500 to unlimited.
Online casinos allow you to withdraw money from your account back to your Visa card. These transactions are generally processed within 24 hours and the money should be in your account within 72 hours.
Popular NZD Visas accepted at online casinos
You would be hard pressed to find a New Zealander who doesn’t have a Visa card. Many of Australia’s leading banks also operate in New Zealand, so there is plenty of selection when it comes to choosing a bank.
- Bank of New Zealand
Staying safe with Visa
It’s not so much what method of depositing money at online casinos you use, it’s more where you are sending your money. You need to play at trusted online casinos that are accredited in respected jurisdictions. If this is the case you will find they are audited by independent bodies such as eCOGRA which is a UK-based gambling body that ensures play safety and fairness.
Do your research before depositing money with Visa at online casinos. Read about the casino you want to play at before you do anything. Make sure they have a good reputation and the reviews are positive. Be aware there are plenty of affiliate sites out there that don’t give a damn about the players; they just want the sale.
Another safety measure is to make a small deposit and withdrawal before you commit a larger sum of money. You might deposit $20 and then withdraw it immediately to test out the process.