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New Visa Online Gambling Withdrawal Policy

New Visa Online Gambling Withdrawal Policy  

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Dec 30, 2003, 13:28 

 

Thanks to Hampton Casino for this announcement

Visa Card International has instituted a new policy which, from January 1 2004, will restrict your ability to withdraw money back to your Visa card. As such, casinos will not be able to credit withdrawals back to Visa cards.

However, we would like to point out that this new circumstance is not a particularly negative development for you. When players have made withdrawals back to their credit cards, casinos could only credit back the same amount of money a player deposited from the card - the balance of the withdrawal (usually the bulk of it) was then mailed to the player by check.

With Visa Card's new restrictions, there are TWO alternatives open to you:

  1. Open an Alternative Payment account - Neteller, InstaCash or FirePay - in order to receive withdrawals back to those accounts. AS LONG AS YOU HAVE ONE OF THESE ACCOUNTS YOU WILL BE ABLE TO WITHDRAW MONEY INTO IT REGARDLESS OF HOW YOU MADE YOUR DEPOSITS.
  2. Open an Alternative Payment account to make deposits and withdrawals.

VISA CARD'S NEW POLICY IS SIMPLY ONE MORE STEP ALONG THE WAY TO BANKS COMPLETELY RESTRICTING THE USE OF CREDIT CARDS FOR ONLINE GAMING.

You can avoid complications with deposits early on by opening an Alternative Payment account.

NETELLER is an online payment transfer service where you can open an account, deposit money into it with your credit card or bank account and then use it to make purchases from online vendors. Neteller provides same-day payments for US residents and is available to most countries around the world.

NETELLER INSTACASH is the fastest and most secure way to transfer money from your bank account to an online merchant. You do not need a special bank account – any valid checking account will work. You can Register in under 2 minutes but this service is only available to US residents.

To open a Neteller account, please go to www.neteller.com.

Neteller Contact Details
Email: support@neteller.com
Toll Free: 1-888-258-5859
International Tel: 1-403-233-9466
Fax Toll Free: 1-888-678-2128
International Fax: 1-403-277-6265

FIREPAY is a popular payment method similar to a debit or credit card in that you deposit funds into your account in order to make payment or transfer funds on-line. You can fund your account either directly from your bank account or via ACH or e-checks. To open a FirePay account, please go to
www.firepay.com.

FirePay Contact Details:
Email: info@firepay.com
Toll Free: 1-866-525-4694
International Tel: 1-514-380-2777

 

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