Visa cards became a convenient form of online payment in the 90s. Visa is considered one of the safest ways to pay online, including for online gambling transactions. Canadian gamblers pay with Visa whenever they want a quick, secure and traditional payment method. A lot of us still prefer to leave the fancy eWallets behind, and use the best-tried and time-honoured practices of payment because hey – we’ve got nothing to hide when gambling for fun and don’t need a maze of complicated blockchains.
Below, our team of igaming professionals will explain the following:
- Basic Visa know-how
- Deposit and withdrawal guides
- Fees, processing time, and other regulations for our Canadian clients
All of the recommended online casinos on our website are carefully selected on the following criteria:
- Return to player percentage
- Fast payouts
- Gambling licenses
- Customer service & Reliability
The Best Visa Online Casinos in Canada - September 2023
Visa Online Casino Knowledge - Why & How
Visa holds a long history of innovation – it’s probably younger than you think! It’s amazing that a company that’s become such a household name in Canada and around the world only started in 1958. Before it was known as Visa (that wouldn’t happen until 1979!) it was a card issued by Bank of America in California and was known as Americard. In 1979, it separated from Bank of America and became known as Visa.
So what about Canada? If you’re old enough to have a job and a wallet in 1977, you might remember a card called “Cardex”. This was a Visa card issued by an alliance of banks – but called by a different name. The banks were Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Bank of Nova Scotia, and Banque Canadienne Nationale.
This is when Visa really went global and turned the marketing on. Credit cards inhabited became a dog-eat-dog financial world that began to thrive on innovation, safety, and versatility more and more over the years. Visa began its journey to the international markets, allowing for safer transactions abroad. In fact, Visa still issues traveler checks, even though most people either don’t remember them or don’t really know what they are to begin with. Don’t worry, Gen Z, you’re not missing anything.
What about online casino transactions in Canada?
In 1994, Visa was used to process the world’s very first online transaction – for Sting’s CD “The Summoner’s Tale”. Say what you may about the buyer’s music taste, but this was a transaction that made history and opened the floodgates. We’d need better security (the first transaction was made using something called PGP, or Pretty Good Privacy, something that sounds rather terrifying today), and faster processing times. The first transaction took days to be received by the seller.
Canadian online transactions weren’t far behind, as this way of doing business began to drive the global economy. We cannot imagine the change in the international markets, import, and export of goods that this simple Visa transaction started years ago.
Visa and Online Casinos Gambling Transactions in Canada
Of course, transactions for gambling weren’t too far behind, as gambling is one of the world’s oldest pastimes. It’s also a pastime that takes advantage of any new technology it finds interesting and potentially profitable. It never ages – people of all age groups, nationalities, and beliefs love to gamble.
Online gambling came to the web in the mid-90s. A short time after an incredible boom in the 2000s, many governments, especially in America, became concerned about the practice, especially since there were no formal rules for online gambling. Online casinos found themselves in danger – either shut down or prosecuted.
The online gambling story happened quite differently in Canada, as gambling is legal here, and has been since 1985. Canadians are tough customers when it comes to online gaming because they never felt the thrill of doing something illegal – they were normal customers and they were looking for the best and the safest way of gambling online, and using Visa or other credit cards to do it.
Today, online casinos that accept Visa have become so prolific that we actually couldn’t find one that doesn’t accept Visa deposits or Visa withdrawals.
Today, the online gambling scene is quite different. Controlled by different entities, both casinos and online game developers have to be on their tip-toes to stay certified and legal. When entering one of our online casinos in Canada, you can be sure that they have been tested, vetted, fair, and safe no matter if you pay with a Visa card or any other payment method.
Getting a Visa Card in Canada: a Short Guide for Beginners
There’s a first time for everything. Some Canadian youngsters get a “practice credit card” or a charge card from their parents as early as high school. This is how they learn how to manage money. Of course, today, when all cards can be connected to banking apps that make it easy to control finances, save, invest and keep track of a budget it’s much easier than even 15 years ago.
All bank cards issued today have a credit card system associated with them – so you can use your bank card like a credit card at any online store, or brick-and-mortar store – the same as any online casino or a brick-and-mortar casino.
If you have something other than a Visa card and have never actually had a Visa – but you want to use it for online gambling payments, you don’t have to wait long. If you want, you can get a Visa card in one day without applications or waiting.
Types of Visa Cards You Can Use for Gambling in Canada
Prepaid Visa Cards in Canada
Visa prepaid cards are a great way to control your budget. These are ideal to give to a child whos just learning about budgeting - but also to a gambler! If you want to control your gambling budget or have a detached transaction method that’s completely separate from any of your bank or credit accounts this one should be your choice.
A pre-paid Visa card can be refilled at any time - and can be used anywhere a Visa transaction is available. This means you can get a coffee, gasoline, order pizza - or join a BetSquare casino of your choice!
You may have to pay some fees for using this card.
Debit Visa Cards From Canadian Banks
A Visa Debit Card is issued by your bank, and is connected to your main bank account. You can use it anywhere a visa is accepted.
If you bank at institutions like ITB, CIBC, Connect First Credit Union, ICICI Bank, or RBC, you can get a Visa debit card. Check with your bank if they have that option, and you’re ready to go!
Visa Credit Cards in Canada
There are a ton of choices when it comes to getting Visa Credit Cards in Canada - check with your bank if they offer this service. If they do, some of your choices may include Visa Classic, Visa Gold, Visa Platinum, Visa Infinite, or Visa Infinite Privilege.
The different tiers of credit depend on your credit eligibility, earnings, and credit score. Of course, higher tier cards like Platinum or Infinite and Infinite Privilege offer more “perks” and higher spending limits.
Get these through Chase Canada, Imperial Bank of Commerce, Manulife Bank, Royal Bank of Canada, or TD Canada Trust.
eWallet Visa Credit Cards in Canada
Almost any eWallet can be connected to a Visa Card. But what about the other way around? Some eWallet systems like PayPal can issue physical prepaid cards. This is a great option to connect your eWallet to your physical wallet.
If these pre-paid cards are Visa, you can use them the same way you’d use any Visa Card.
Gift Cards From Canadian Businesses
Last but not least, there are Visa Gift Cards. The days of getting a custom paper gift certificate are almost gone. It’s become popular to give out plastic gift cards, as they’re much handier and easier to keep track of. Not to mention rechargeable.
A gift card can be easily bought online - it’s a simple visa card with a pre-paid amount, that a person can spend anywhere they like. It’s better to give someone a Visa gift card because of the sheer versatility. You can go out to a restaurant or shopping - or just sit back and play some exciting poker.
Some gift cards usually cost a small fee - from 2 to 3 dollars, depending on the card.
How to Join a Casino With a Visa Card - Step by Step
So you have your Visa Card in hand – now what? We’re going to explain, step by step, how to join any of BetSquare’s thrilling casinos using this card as a payment and deposit method. Watch and learn!
How to sign on with a Visa Card:
- Pick a Visa casino on the BetSquare page.
- Open your account and go to the depositing section.
- Out of the options, pick “Visa” and pick a payment amount .
- Confirm the payment.
The whole process is straightforward and intuitive – no need to overthink it. If you’re having any trouble at all, contact support and they will give you a hand.
Online Casino Withdrawals With Visa
How to withdraw money with a Visa Card:
- Enter your verified account.
- Choose “Visa,” and make sure they still have your information from when you made the deposit.
- Pick the withdrawal amount and be aware of any limits in place.
- Confirm withdrawal and wait for the funds to arrive.
For your safety, withdrawal transactions take longer than deposits. You should check with your casino how long they expect for a withdrawal to arrive in your account.
Advantages of Using Visa at Canadian Online Casinos
Visa has always provided quick, safe transactions. When you use a large company like Visa for your purchases, you can feel safer from hackers, security breaches and other unforeseeable and worrying circumstances.
Keep in mind that some overseas casinos out there may be used for a different type of client – having a Visa card puts the power in your hand in case of any need to dispute payments. Having said that, BetSquare always picks the best casinos that satisfy all of our strict safety requirements.
Aside from gambling – the use of a Visa Card in Canada can actually earn you more than you bargained for – a lot of Visa Credit Cards have perks, because they are attached to frequent flyer miles, travel perks and upgrades, or gas station reward points – so the more you spend, the more you earn through your bonus programs.
Some may also argue that the limits you can arrange on a Visa Card (a per day, per week or per month spending limit) may help you to gamble responsibly and manage your budget better.
- Visa is accepted at pretty much all online and brick-and-mortar casinos in Canada
- Transactions take seconds
- Visa provides safe withdrawals
- There are extra perks for Visa users at some casinos
When it comes to popular payment methods, Visa is definitely one of the safest and most trusted out there. If you like to put your luck to the test every once in a while, you can do it comfortably at the best Canadian online casinos that accept Visa payments. Check out more articles on our site to learn more about the best licensed online casinos and all the games you can play. Good luck!
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Lisa works as a content writer and specializes in delivering top tier i-gaming content which is why her articles and blog posts are always very engaging and informative. Well spoken, and does her research very well in an industry where transparency, honesty and constant follow up is a rarity.