Company: Visa Inc.
Founded: 1985
Member Accounts: Over 800 million
Currencies: 150
Nations: Worldwide
Website: visa.com

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When and How did Credit Cards Appear?

The idea of a credit card germinated in the late 19th century. At that time retailers used to sell goods in exchange for special “credit” coins or plates, but only in 50 years, in the mid-20th century, a prototype of modern banking cards was created. The creator of the first credit card is considered Frank McNamara, the head of a finance corporation. One day in 1949 he forgot his wallet at home, and couldn’t pay for his dinner, though he had several credit cards of different stores and companies on hand. He had to ask his wife to come and pay his bill, but the idea of creating a universal banker credit card came to his mind that day. And this idea was fulfilled less than in a year – in 1950. Frank created the Diners Club Card (by the way, this system still exists), which allowed paying for dinner in different restaurants in credit. Some later a similar Travel Card appeared, and a universal credit card was introduced in 1958.

A Brief History of Visa

The issuer of the first banker card was the Bank of America, and the name of this card was BankAmericard. It was a revolutionary product: firstly, it was oriented to general population, and secondly, it was really universal: one could pay with it in a vast variety of bid and small outlets. For less than a year, over two million cards had been issued. In the following years the system had covered the entire country, and other banks began to issue their own cards under the license of BofA. In less than a decade, the system had spread to other countries – Canada, UK, and France. But only in 1974 these numerous banking system, operating under different names in different countries, finally were merged in a single conglomerate. This aggregate company received the name Visa. Nowadays it works in 200+ countries.

Visa Electron

Visa Electron is one of the oldest Visa’s products. It was first issued in 1985, and today it is accepted almost everywhere in the world, except for the US, Australia, Canada and Ireland.

Benefits of Visa Electron

Visa Electron has all the features of a typical debit card from Visa. It is convenient, popular and widely accepted. Apart from all this, every operation executed via Visa Electron requires a special electronic confirmation by its holder, which provides an additional security. No surprise that Visa Electron is used by hundreds thousands of online gamers, who make deposits in casinos with the help of this simple and reliable financial tool.

Online Depositing with Visa Electron

A method of depositing into casino with Visa Electron is one of the most reliable and simplest ones. Just choose Visa Electron in the cashier section of the site and follow the instructions. To make a transaction you need to enter the card number (16 digits) and CVC (3 digits), and then confirm the operation. Funds are deposited to your account immediately.

TOP ALTERNATIVES TO Visa Electron PAYMENTS
Company: Vodafone
Founded: n/a
Website: vodafone.com
Vodafon Cash Card
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Website: usemywallet.org
Use My Wallet
Company: Bancontact
Founded: 1976
Website: bancontact.com
Bancontact/Mister Cash
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Founded: 2010
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oxxo
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Bill Payment
Company: ING Groep N.V.
Founded: 1991
Website: ing.com
ING

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Visa Electron Reviews by Players

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