Online casinos that accept virtual credit cards are rarely located in the USA because the American financial laws impose restrictions on the use of this payment method at online casinos. A virtual credit card is attached to your bank account. Making deposits with a virtual credit card is a breeze. It’s fast, easy, and convenient. To make an online transaction with a virtual card, you need to enter its number, expiry date, and name of holder. Since the card is not physical, this information is usually stored in your online banking profile.
If you want to use the virtual credit card as the payment method at your selected online casino, you need to go to the Cashier/ Payments section and select this payment method from the list of accepted options. Your virtual credit card can be a MasterCard, Maestro, Visa, American Express, etc. Then you need to enter your card details: owner name, card number, expiration date, and in some cases also special three-digit CVV2 code.
Some gamblers worry over the fact that they have to reveal their card details to the online casino. However, of your casino is a legal and transparent business with a gambling license, you don’t need to worry about that. Reputable casinos online are using the same encryption methods as banks. This ensures a nearly 100% safety of your online transactions. All major Australian banks offer their customers the opportunity to get a virtual credit card. Contact your local bank to inquire how you can get a virtual card and how to use it.
Virtual credit cards have a long list of advantages. With it, you can send money to your online casino account in seconds. Withdrawals are also fast and easy. Even a complete rookie can get the hang of how to use a virtual credit card! As for disadvantages, virtual credit cards have few of them. The main shortcoming is that that the bank can see your every transaction. Some gamblers are not okay with such level of transparency. If you’re one of them, we recommend that you use e-wallets for making your casino deposits and withdrawals.