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VISA Debit in Malaysian Casinos
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VISA is one of those brands known and available globally, Malaysia included, and that’s why you’ll find it listed as a payment method option across most Malaysian online casinos, especially its VISA Debit card. This card, being the perfect alternative to credit cards, is incredibly popular with Malaysian players, for many reasons you’ll soon learn about. To convince you to give it a shot, we’ll just mention here that it is easy to get issued with, use for both deposits and withdrawals across Malaysian online casinos, and transact with in your native currency, the Malaysian ringgit. Not convinced yet? Stay with us as you’ll learn so much about it and its availability across the online gambling industry in Malaysia. What is VISA Debit and why consider using it as your payment solution across the many Malaysian online casinos that offer it?
Online Gambling Regulation in Malaysia
When it comes to gambling regulation, Malaysia is a country where an outdated, old ban on all gambling activities applies, introduced way back in 1953. Whether this law applies to online gambling or not, nobody knows for sure. In theory, “all gambling activities” would include online activities, but considering the internet and online gambling appeared in the late 90’s, it could mean that the ban does not encompass online gambling. And that’s actually how Malaysians want to interpret this, of course.
However, the Malaysian government is not bothered by this interpretation, either. There are no records of players ever being punished for gambling online. Whether it’s due to the financial situation the country is in and the more pressing matters the government has to deal with, no one knows. A few years ago, news surfaced that Malaysia seeks laws to stop online gambling, and the authorities blocked many unlicensed sites, nevertheless, to this day, it is still one of those countries that have taken online gambling regulation quite loosely, and players are free to join any online casino site that gives them access.
And luckily for you, as a Malaysian player, you have access to hundreds of great sites. You can actually join any site based outside Malaysia that caters to Malaysian players, without worrying about getting prosecuted for it. Keep in mind, though, that when looking for sites to join, you should still look for licensed sites, in order to get a seamless online gambling experience. Since your country does not have your back, you’d need to look for sites that are overseen by at least one respected online gambling authority. Your best options would be sites licensed by the likes of the MGA and the UKGC, respected regulators that make sure players are treated fairly across the sites licensed by them.
Another thing to look out for is the payment methods selection. You should find sites that offer banking solutions you could use as a Malaysian player, solutions like the globally-accepted and well-reputed debit card, VISA Debit. Offered by VISA, one of the world’s most popular card brands, VISA Debit is a debit card that can provide you with more perks than you can count. Not only is it offered across most, if not all, Malaysian-facing online casinos, but it also allows you to make both deposits and withdrawals, in your native currency, the Malaysian ringgit. As such, it is an ideal option for you to consider using, so stay with us to learn more about it in the next two sections.
Using VISA Debit Across Malaysian Online Casinos
When the world first heard of VISA in 1958, it was a credit card program offered only in the US. Achieving impressive success with US users and businesses, the brand expanded its scope and started offering its services all across the globe, going international. Around the time it went global, actually, the company launched its first debit card, VISA Debit, and this happened in 1975. Throughout the years, the launch of prepaid and gift cards followed, among other card types, and with that, the company further cemented its position as a leading card brand.
Now, since we're interested in the debit card, let's focus on it. When VISA saw that there was a huge untapped user pool, of people who could not get a credit card because they were ineligible for it, it immediately launched an alternative to it, VISA Debit. The difference between the two is that to get issued with a credit card, you must have a stellar credit history, and with debit cards, you don't. That's because, with the former, you can get in debt with the bank, and with the latter, you cannot. With debit cards, you only get to spend the funds you have in your bank account and cannot spend past that limit, while with credit cards, in an agreement with your bank, you can. That’s the reason why many users across the globe have debit cards instead of credit cards, and why debit cards are so popular across the online gambling industry, especially in Malaysia.
So, as you probably gathered by now, the first condition you must meet in order to be eligible to use a debit card is to have an active bank account. The second condition is to have a valid ID, to verify your identity upon application. And that would be it; your credit history won’t be reviewed, so you don’t have to provide any proof of income documents. You just have to visit your bank physically or go to its official website to see whether online card applications are an option. Either way, you’ll need to fill out a form, select the debit card as the card you're applying for, and then provide some basic personal details. After you verify your identity, the bank will submit your form to VISA, to design your card. Once ready, the card will be sent to you in an envelope, either to pick it up at the bank or to your home address. In the envelope, you’ll see some authentication codes you’ll need to use whenever transacting with your card, so keep them perfectly safe.
VISA is one of the safest card brands, which implements a 3-D Secure Authentication, to ensure your money is always safe with it. So, each time you’re transacting with your card, expect to go through the authentication procedure, so that VISA can know that you’re the one using it and not someone else trying to abuse it. So, now that you know how safe and convenient the card is to use, let’s go over the steps you’d need to take to get started with it across Malaysian online casinos.
Visa Debit is popular in these countries
Casinos for Players from Malaysia that Offer Visa Debit
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Depositing and Withdrawing with VISA Debit
We already mentioned that as a Malaysian player, you have hundreds of sites to explore, which give access to players from your country. Now, over 90 of those Malaysian sites offer VISA Debit, too, listed and reviewed here at WoO. You just need to locate a few that offer your favorite games and give you a great choice of bonuses and promotions to use. Slot Hunter, 7Bit, and Tusk Casino are surely great candidates to consider but feel free to explore other options in your search for the most perfect site to join.
The second you locate the site you’d like to join, register your player account with it. From here, you’ll be ready to make your deposit with VISA Debit. Just follow this simple procedure:
- Log into your registered player account and find the Payment Methods/Cashier page.
- Look for a tab that reads Deposits and locate VISA Debit’s logo on it.
- Press it and in the pop-up, enter the card's number, expiry date, and your name as the cardholder.
- In the designated field, set the amount you wish to transfer.
- Go through the authentication procedure and confirm your request.
- In an instant, the money will be transferred to your online casino balance.
Considering this is a debit card and can be used for both sending and receiving transactions, it goes without saying that you can use it for withdrawals. However, you should know that it is not always offered for withdrawals; one-third of casinos that offer it do allow withdrawals with it, but not all of them.
So, when looking for a casino to join, make sure you first check whether the debit card is offered in the Withdrawals tab on the Payment Methods/Cashier page. If yes, then continue by going through the exact same steps as just described. This time, of course, in step 4, you'd need to set the amount you wish to cash out and wait to get the casino's approval. You can get the approval anywhere within 24 to 48 hours, assuming your request was legit and you have enough funds to cash out as you requested. Once you get your approval, VISA will make sure the funds arrive safely in your bank account in no time.
Conclusion
As a Malaysian player, you should definitely consider using VISA Debit for your online casino deposits and withdrawals. Not only will you easily get issued with it, but you will also get to transact in Malaysian ringgits with it, and eliminate unnecessary conversion fees along the way. You’ll love how effortless it is to use across online casinos, so make sure you at least give it a try.
FAQs
Is online gambling legal in Malaysia?
No, actually, online gambling is illegal and banned in Malaysia. However, the ban was implemented years ago, when online gambling didn’t even exist, so players like to think that online gambling is not included in it and use this legal loophole to frequent international online casinos.
Do many Malaysian players frequent online casinos despite the ban?
Yes, indeed, you will find many Malaysian players across international online casino sites, mainly because the Malaysian government has never prosecuted players for accessing online casinos.
Is VISA Debit offered across many Malaysian online casinos?
It sure is. Hundreds of Malaysian online casinos exist, sites that cater to Malaysian players, and over 90 of them offer VISA Debit as an accepted payment method. Therefore, as a player, you are free to join any of these excellent sites to enjoy deposits and withdrawals with the debit card.
How to know whether VISA Debit is an accepted withdrawal method at a Malaysian casino?
You would need to check before you join a Malaysian casino you're eyeing, to see whether or not VISA Debit is an accepted withdrawal method since not all casinos offer it for cashouts. You'd need to see its logo displayed in the Withdrawals tab on the Payment Methods/Cashier page to be certain that it is, indeed, an option for withdrawals.
Can Malaysian casino players use VISA Debit for deposits via their smartphones?
Sure thing. Malaysian casino players who have joined a casino that accepts VISA Debit via their smartphone can certainly use their smartphone to start playing by depositing with their card. As long as you have your card in your hands and you can replicate the card details to the casino’s Banking page, you can use any device, any smartphone you may have.