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Visa is a private membership association jointly owned by more than 20,000 member financial institutions around the world. Visa develops common standards and specifications to facilitate commerce and provide member financial institutions with global payment platform development, 24/7 operation of the payment processing system, and management of the Visa brand.
Most online casinos have been assigned an "online gaming" merchant code by Visa. This electronic code is attached to every credit card transaction the company makes. Most US banks and financial institutions automatically reject all transactions with this code, so American players are generally unable to use Visa to make deposits. However, most European players can use credit cards to make deposits.
Visa is a private, membership association jointly owned by over 20,000 member financial institutions around the world. The organization serves those members, their cardholders, and their merchant clients by facilitating payments.
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