Visa Declining Online Casino & Poker Deposits

Following in the footsteps of its competitor, Visa has recently also created new restrictions on payments going to online casinos or poker rooms.

Last month, MasterCard began restricting payments to online casinos and poker rooms by denying payments made with specific codes that indicated the payments were being used for gambling. Recently Visa announced it would follow a similar new strategy to restrict payments for online gaming.

Visa also announced that it would restrict payments going through e-wallet accounts, like Click2Pay or UseMyWallet, which some players use to bankroll their online gaming accounts. Some gambling officials say that Visa’s restrictions aren’t quite as harsh as MasterCard’s, but that the restrictions are limited to American players only and that the payment restrictions will make online play harder for American players.

The restrictions are thought to be an early response to new gambling laws set to take effect on June 1, which will restrict the ability of Americans to play at online casinos and in online poker rooms.

Some online casinos have discovered specific methods for coding the payments so the payments are processed without incident, and other sites recommend that players pay with e-checks, which take the money directly from a bank account rather than a credit card account.

More restrictions are likely to be set forth as credit card processors begin to comply with the new laws. It’s also likely that new payment options will become available to USA online casino players so they can continue to play even if their credit cards are no longer allowed at the sites.