Visa is a global financial institution that provides fast and secure money transfers. The service can be successfully used for conducting standard transactions and solving complex business problems since it is considered reliable by millions of users all over the world.
The launch of a casino with the Visa payment system takes a minimum of time and is simple and flexible. Contact the managers of the Casino Market studio and find out more about the advantages of the financial gateway.
Visa International Service Association is an international payment service that has representative offices in more than 200 countries.
The vendor does not issue credit funds, accept deposits, or issue cards. Its main goal is to provide B2B partners (enterprises, individuals, issuing banks, and acquirers) with the best financial services in the industry.
The brand was founded in 1958 by a businessman Dee Hock. For a long time, the firm was part of the Bank of America conglomerate until Visa Inc. was established in 2007.
Basic information on the payment system:
Since 2007, the developer's shares have been traded on the New York Stock Exchange. Since 2013, analysts have been guided by the current value of shares when calculating the Dow Jones index. The metric analyses the financial situation of the 30 largest US companies, including Visa.
Entrepreneurs can integrate the payment system into casinos (land-based and online locations), websites for the sale of lottery tickets, sports betting platforms, and other gambling facilities. The service has proven its worth in many industries: from paid healthcare and insurance to logistics services and air communication.
Let us consider the key benefits of the described financial module:
The system is interconnected with more than 500 banks all over the world. These are international (for example, Raiffeisenbank) and local (for example, IdeaBank) commercial structures with local capital and foreign investments
Diverse product line
The company has developed useful solutions for small, medium, and large businesses, charitable foundations, startups, and other types of entrepreneurship.
The firm’s catalogue contains software for direct SWIFT transfers, traditional transactions between bank accounts, instant contactless payments, etc.
Useful business solutions
Operators can install a modern chatbot, a program to simplify purchases (Visa Purchasing), software for fast mobile transfers (Visa Checkout), and other support services
Good feedback from the audience
Visa is an international brand that is on everyone's lips. It is considered reliable by millions of gamblers from different countries who prefer to make deposits and withdraw funds with a minimum commission and as promptly as possible
It is possible to connect the Visa casino payment system in several ways:
The product supports fast and secure transfers to billions of endpoints, delivering funds to bank cards and accounts all over the world. It is a perfect option for the iGaming industry with the help of which it is possible to make mass payments, for example, within the framework of a bonus program or in cooperation with affiliates.
The installation of the Visa financial service will bring the following benefits to casino owners:
This is a non-card multilateral payment network for direct cross-border transactions between banks.
The solution is suitable for medium and large gambling businesses, which are licensed in several jurisdictions. The Visa payment system for online casinos is an excellent choice for small enterprises that open foreign representative offices (for example, a website that offers lottery tickets for sale and has registered a new legal entity).
Brief description of the software:
In 2007, the developer was the first in the world to announce such a function as contactless transfers based on RFID technology. The system was later renamed Visa Contactless. The tool makes it possible to make payments by simply bringing the plastic card close to the POS terminal instead of inserting it into the device or passing it through the reader.
The Tap to Phone program is a continuation of the author's Visa Contactless technology. The product turns a smartphone with an NFC module into a POS terminal, providing fast one-touch transfers. The solution is suitable for land-based gambling halls, betting shops, and poker rooms.
To receive funds deposited by gamblers quickly and safely, operators do not need to buy expensive equipment, such as cash desks or self-service terminals. All functions are integrated into the Tap to Phone product, which guarantees entrepreneurs comfortable and profitable work.
Key features of the software:
One of the main reasons to install the Visa payment system is its protective properties. The company's specialists are constantly working to improve security features in order to provide customers and B2B partners with the best services in the industry.
All transactions are conducted through the innovative VisaNet processing network. The solution provides high efficiency:
The Visa concern owns 4 data centres: 2 of them are located in the United States and one each in Singapore and London. All establishments are equipped with the latest technologies. They are also protected against natural disasters (fires, earthquakes), system failures, and cyber attacks.
The decision to connect the payment system will improve the security of user data thanks to tokenisation.
The technology replaces confidential data of the account with a unique digital identifier: a token. Most often, the service encrypts a 16-digit bank account number, and less often — the client's full name, phone number, and e-mail address.
At the time of conducting transactions on the Web or when making a deposit through a mobile application (NFC), the program transfers a unique token to the banks (the issuing and acquiring). This approach guarantees secure transfers that do not require the need to reveal the details of a personal account.
The brand has provided an additional level of security (in the form of entering a password) when players deposit and withdraw funds.
There are 2 types of passwords:
Such transfers work at a distance of up to 4 centimetres. This makes scanning of a bank card by fraudsters or accidental payments using someone else's QR code completely impossible.
Features of the security for NFC operations:
Operators can connect the Visa payment service along with a well-thought-out functional admin panel.
Let us consider the main elements of a modern backend:
An application for quick viewing of performance indicators of debit, credit, and pre-paid cards in the operator's portfolio.
The program performs a comparative analysis that covers the main areas of evaluation of the financial performance of the casino business. These are the frequency of use of cards, payment channels, participation of foreign investors, and segments of the audience
Cardholder Analysis Dashboard
A user-friendly toolbar gives entrepreneurs a complete picture of the trends in the Visa product portfolio. The analysis is carried out on active accounts and positions of cardholders (gamblers) in relation to debit, credit, and prepaid solutions
The integration of a casino with the Visa payment system provides operators with the access to detailed reporting in key areas of work:
Visa is a global corporation that provides fast and secure money transfers all over the world.
The Casino Market company offers operators to install the Visa service for the maximum benefit. We can install payment modules on online platforms or in land-based gambling halls.
For all questions, please contact our managers!
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