VISA is an electronic payment system, owned by banks, building societies and other financial companies. More than 70% of VISA transactions in Europe come from debit cards, but this payment provider is much more than a frequent addition to current accounts.
The V.me e-wallet unites existing payment cards (including cards from other providers, i.e. Mastercard) in a single virtual space, and allows payment to online casinos, stores and businesses without sharing bank/card details.
Visa Personal Payments allows users to collect money and send money to another person using just a mobile number. It works by sending a link in a text message, which directs the recipient to a secure page where they can collect their funds
45 banks, building societies and card providers in the UK offer VISA cards, including:
To receive one, you will need to sign up with the individual provider. In general, signing up for an account will involve providing proof of identity (passport/driving licence), proof of address (a utility bill) and a credit check, which is completed by the bank.
The V.me e-wallet is currently only available to customers of Nationwide.
VISA Personal Payments is a service that's quickly added to existing current accounts at:
VISA is one of the most widely accepted payment methods in the world.
As well as being accepted by all online casinos operating in the UK, including Leo Vegas, Bet365 and Betfair, retailers online and around the country accept Visa cards and virtual payments.
The VISA website shows where you can pay with VISA Contactless.
Most VISA services are free additions to current accounts, but some current accounts may have charges. VISA Personal Payments and V.me services are free to customers of the relevant banks. However, credit card payments incur interest if the money isn't repaid within one month. Interest rates vary by provider, so check before signing up.
VISA products come from a number of different service providers, so the various loyalty and benefit schemes change.
VISA has developed a number of innovations that are available from most outlets, including:
As one of the largest payment service providers in the world, VISA security is among the most highly developed. Chip and pin technology works to secure card transactions, and the company constantly works to develop new security features.
With V.me, you don't need to provide personal information to online companies, and all cards are protected by Verified by Visa: an extra layer of password protection for all customers.
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