Visa Electron is a debit card method of payment which is less frequently used than other kinds such as regular Visa and Maestro yet is still used by some and it can be found at a range of different casinos as a possible payment choice for deposits and withdrawals. Electron was first introduced in 1985 by Visa Inc. and was available in many countries with a view exceptions including the United States, Canada, Ireland and Australia.
What is Visa Electron?
Visa Electron is a special kind of debit card which is available in most countries and has been since 1985. It is a sister to the regular Debit card from Visa but works in a slightly different. The Electron is a very basic bank card which requires all of your funds to be available when a transfer is made. This means this type of card account can never be overdrawn, not even by 1p. It is a payment method which is not accepted everywhere but it does have its benefits, particularly if you are worried about your spending habits and need to curb yourself.
The History of Visa Electron
Electron was launched in 1985 as part of the much larger Visa Inc. As part of such a huge network it benefits from being part of one of the largest electronic payment companies in the world, and this has been the case since its first inception. Being part of Visa has allowed this card to be available around the world and it is available in 170 different countries and territories around the globe. The Visa Inc. Network has more than 30 million shops, merchants and online companies which accept Electron and is still a relatively popular use for casino deposits.
From the UK market perspective this type of card is becoming less and less common and most UK banks donāt offer it anymore. The only major UK bank which is still offering this card is Halifax whereas most others offer Visa Debits instead for their most basic account holders. As early as 2009 news reports were suggesting the Electron card was being phased out but there are still some out there and if you have one and want to enjoy online gambling then you need to know where the card can be used.
Making a Casino Deposit with Visa Electron
Like any other debit, credit or any kind of card payment into your casino account paying money in with this method is quick and easy. Simply enter the Deposit section of the Cashier or Banking area of your chosen casino and then select this payment type. On the first time of doing this you will need to enter all your details but once youāve registered your card you will then just need to tap in a few details, your CVC details usually and the amount you want to deposit.
Whilst Visa Electron isnāt as popular as it once was there are still cards out there and if you have one and want to enjoy the online gaming scene then you can visit any of the casinos listed below.