Canada Visa Debit Poker Sites

Canada Visa debit card online poker sites accept transactions using debit cards issued by Visa Incorporated. In contrast to Visa credit cards, which use money that the card holder does not actually have, Visa debit cards are issued for online poker players that hold a checking account or online payment account with a bank or financial company. In the same way as electronic checks, a Visa debit card deposit to a Canadian poker site grants the poker site the power to extract the funds that you promise from your account and place it in their own. As you already have the funds, you are not expected to pay them back in the future and they are simply deducted from your balance.

Using Visa Debit Online

Visa Inc. does not control the money that you use to deposit at Canadian online poker sites. Your money is typically being held by your bank or payment company until you decide to use it. One of the reasons, however, that debit card transactions are processed so quickly is that Visa or your bank can check that you have the available funds and pay the online poker site themselves until they have the opportunity to extract the funds from your account. This is also the reason that your Visa debit card deposits to Canada debit card poker sites might not immediately appear on your online financial statement.

Why Use Visa For Online Poker?

Some advantages of using a Visa Debit card at Canada online poker sites include:

• Instant processing times for all transactions.
• No deposit fees on Visa Debit card deposits.
• Low minimum deposit limits on Visa Debit card transactions.

Canadian Visa Poker Options

When depositing at a Canada Visa debit online poker site, the information that you provide is essentially the same as with a Visa credit card transaction. In addition to your name as it appears on the card and the amount that you wish to deposit, you must provide the 16 digit card number on the front of the card, the expiration date and the security code. All of this information must be provided regardless of whether you have the physical card in your possession. Of course, this makes it very important that you protect your card and your financial information when making online payments. Although Canada debit card poker sites are safe, other transactions might endanger your payment information.

Most Visa debit cards are provided by banks outside of Canada. In fact, there are currently no financial companies in Canada that issue the Visa Debit brand - although it is available to Canadians and advertised there. For this reason, most Canadians that use Visa Debit to deposit at Canadian online poker sites accepting debit cards do so because they hold an account at a bank or payment company located outside of the country. Although Canadians typically do not pay a fee for making a deposit using Visa Debit at a Canadian online poker sites that accept Visa Debit, the poker site itself is charge a fee for each transaction - the reason why they enforce minimum deposit limits. This fee is typically around C$0.50