Introduction:  

Visa Inc is a global financial services company that does not issue visa cards, offer credit facilities or process financial transactions on its own but rather offers financial institutions across the world a wide range of Visa financial products which

Visa Inc is a global financial services company that does not issue visa cards, offer credit facilities or process financial transactions on its own but rather offers financial institutions across the world a wide range of Visa financial products which they in turn provide to their list of customers.

Visa Inc is a global financial services company that does not issue visa cards, offer credit facilities or process financial transactions on its own but rather offers financial institutions across the world a wide range of Visa financial products which they in turn provide to their list of customers.

Visa is one of the largest and most popular financial companies in the world and Visa cards are used throughout the globe by all of the leading banking and financial institutions. A Nielson Report which covers the credit card industry estimated that in 2015, the VisaNet global network processed more than 100 billion financial transactions that amounted to over $6.8 trillion.

Visa Card Benefits

✓  Multiple Cards:  Banks and financial institutions issue a number of Visa credit and debit cards which are used by players at online casinos. Banks issue multiple Visa cards with different features, benefits and restrictions based on an individual’s credit rating, savings balance and main purpose of using their Visa card.

Since Visa cards are used by financial institutions and banks all across the world, most online casinos accept Visa cards, making it easy for players from around the world to use their visa cards and make deposits.

✓  Security:  Visa cards have been issued for decades and have a strong reputation of being one of the best cards in the global market. Online casinos that accept debit and credit cards, usually have the Visa logo displayed on their payment processing page to inform players that Visa cards will be accepted.

✓  Perks: Most banks and financial institutions provide their customers with different benefits based on the Visa card they are allotted. There are different types and levels to each Visa card and each level comes with a different set of perks such as reward points. The reward points accumulated on Visa debit and credit cards can be used for a number of purposes depending on the card of choice. Some of these options include redeeming these reward points for air miles, gift coupons and for cash discounts.

Concerns

✓  Visa Card Swipe Fees: There have been issues in the past where customers have discovered that they were being charged swipe fees on their Visa debit cards. This resulted in an anti-trust lawsuit being filed against Visa in 1996. Players who use their Visa debit and credit cards at online casinos are always advised to check their charges before processing a transaction and also at the end of the month with their bank statements.

✓  Hacking: Visa Inc has been the target of online hackers on numerous occasions. In December 2010, the hacker group called Anonymous launched a DDoS attack on the Visa.com website and brought the Visa site down. Both Visa Inc and banks across the world invest heavily into online security procedures to ensure that such attacks are thwarted. Online casinos also have robust encryption services to protect their player’s financial information.

Summary

Visa debit and credit cards are one of the most widely used financial cards all over the world.