- Visa joins Mastercard and other traditional deposit methods.
- Visa continues to use banking code 7995 for gambling transactions.
- Some Visa transactions are being rejected.
Visa credit and debit cards are now accepted for deposits at Ultimate Poker, according to an email sent to customers late last week.
Since launch, players have been able to deposit via e-check, bank wire, check by mail, and at the cage at Station Casinos. Soon after launch, Mastercard was also added as a deposit option.
Though officially supported, players may have deposits rejected by the issuing bank. Visa continues to use banking code 7995, which is commonly rejected by many US banks because of its relationship to online gambling prior to its regulation in the states. Initial player reports suggest that at least some banks are rejecting attempts.
MasterCard, however, has adopted a new banking transaction code specifically for “legal and regulated” online gambling.
Read More on this topic with our exclusive PRO feature: How Credit Card Companies are Adapting to the US Regulated Online Gambling Market →
