MasterCard is a payment service originating in the United States. It makes use of banks around the globe to offer user swift credit and debit card financial transactions. Since its inception, MasterCard has broadened its operations throughout the world offering users low transaction fees and a secure means of making payments. Mastercard is also one of the best methods of funding your online casino account.
Funding your account as well as making deposits is very easy to do when using MasterCard. First, head to the deposit page of your chosen online casino and select MasterCard as your preferred method.
You will need to fill in your information such as full name, credit card number, and CVC code as well as expiration date. Once this is done, input the amount you desire to deposit and confirm. The same process is required for withdrawals. Processing time differs from one online casino to another. But on an average, it will be immediate or within 24 hours.
It’s best to note that a few online casinos do not let you carry out withdrawals using MasterCard. In some other situations, you would need to have made a minimum of one deposit utilising that card before withdrawal. Also, there may be casinos that would ask for documents proving card ownership. This is intended to prevent money laundering and fraud.
Casinos that allow MasterCard as a payment method are very likely to have a good online reputation. With the high-level consumer protection offered by MasterCard, you can be confident your funds are safe. Banks tend to scrutinise retailers and merchants who wish to accept Mastercard as a payment method, which should offer online players a degree of reassurance. Note that it is still advisable to do your own research before you sign up.
MasterCard tends to provide generous limits when making purchases online. If you are a high-roller, this option could be useful for making sufficient regular deposits.
Enormous Casino Availability
Most Casinos will accept MasterCard. More to the point, you should actually question the legitimacy of any casino that doesn’t.
Can be used for Deposits and Withdrawals
Most of these casinos allow you use MasterCard for both deposits and withdrawals. This makes it a handy and practical option.
There are always going to be drawbacks regardless of the payment method used in an online casino. MasterCard just like others comes with a few drawbacks which include:
The need to have a linked Bank or Credit Card Account
Before you get a MasterCard, you would need to apply to a bank or financial institution who will conduct a credit check before providing this facility. This is because Mastercard does not directly issue their cards.
Generally speaking, Mastercard is a very safe means of making bank and credit transfers. The same cannot always be said for online casinos. There are some very dubious operators in this industry, unfortunately. For this reason, many players are reluctant to use these types of payment methods for fear that their bank details end up in the wrong hands.
MasterCard for many players remains the best and easiest way of playing real money casino games and making sports bets online. Most people have a bank account along with a MasterCard facility, and for this reason, the majority of online casinos and gambling platforms offer the facility along with other options to deposit and withdraw funds. This ultimately bypasses the need to open up other accounts unless the player requires additional security.