Together with Mastercard, Visa is a globally-recognized brand that offers payment processing services for its millions of merchants and customers. It’s the largest global card network when it comes to online transactions and one that’s backed by decades worth of experience. Offering credit and debit cards to its customers, the company provides a secure and seamless way of completing payments online.
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You can use your credit and debit card to pay for travel tickets, for hotel and restaurant reservations, for online shopping, and even in funding sportsbooks accounts. But before you use this for online sports betting, check out first this brief guide on the payment option and a few tips on how to complete your casino deposits and withdrawals.
Why Should You Sign Up for an Account in Visa Betting Sites
At Indian sportsbooks, you will find several types of banking options that can process your deposit and withdrawals. However, not all have the same experience and integrity that are often associated with Visa. Compared to other payments companies, it brings a solid experience on the table dating back to 1958 with BankAmericard of the Bank of America. Initially, this was designed as a consumer credit card for the country’s middle class. It also helped grow the small businesses during this time. By 1976, the company was renamed to ‘Visa’ and soon it expanded its reach and allowed for simplified transactions online.
Aside from experience, this card provider also boasts a fully encrypted facility that helps protect all online transactions. It uses its proprietary Visa Secure technology that ensures all your transactions are safe. For example, it may use several tools to confirm your identity like a one-time passcode or biometrics. Also, sportsbooks that accept visa are highly regarded because of the fast services that it offer to players. Deposits that are made using the credit card are often credited within 24 hours. And withdrawals are also processed within 1 to 3 days. Although the process is not as fast compared to e-wallets, it’s good enough for many punters who want a secure way of making fund transfers.
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Here’s How You Can Deposit and Withdraw Using this Payment Option
Once you have a credit card that has been activated, then that’s the time you can now use it in many Indian casinos and sportsbooks. Just follow the general steps indicated below to fund your account and to start betting on sports.
- With your user name and password, login to your preferred Indian sportsbook.
- Visit the site’s ‘Banking’ section and choose ‘Deposit’ to start the transaction.
- Choose the amount that you want to deposit and enter your credit card details. In some sportsbooks, you may be requested to verify your name and address by submitting a photocopy of certain documents.
- Complete the transaction and start betting on sports.
As a matter of policy, deposits are credited within 24 hours. Withdrawals, on the other hand, are credited in 1 to 3 days. Often the first withdrawal will take time thanks to the Know Your Customer or KYC requirements where the operator verifies your credentials. You can withdraw through a variety of means. For example, you can complete skrill withdrawal to visa card.
🤔 Can I use my credit card to bet in Indian bookmakers?
Yes. You can now find dozens of sportsbooks that accept visa and allows you to bet using this banking method. Just like your card and choose this during your deposit transaction.
❓ What is the standard processing time for a Visa card deposit and transaction?
In most Indian sportsbooks, deposits are normally credited within 24 hours. The withdrawal request, on the other hand, is completed in 1 to 3 days.
💸 Can I transfer funds to my Visa?
Yes. It’s possible through the Visa Direct platform. However, you can only do this using bet banking, mobile, or ATM. You cannot directly transfer visa to skrill or other e-wallets.