Here's Why Mastercard Payments Are So Popular With Online Players
MasterCard is a payment option which is highly popular among credit and debit users. It’s the leading rival of Visa when it comes to online payment stores, and is widely accepted in most online stores and online casino sites. A lot of online casinos accept MasterCard payments, hence you won’t have a hard time looking for a MasterCard casino to play your favourite games from.
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What is MasterCard?
MasterCard is a well-known payment method founded back in 1966. Nowadays, it’s widely accepted in over 210 countries around the world, and is one of the most popular deposit options in most online casinos. The card was originally known as Master Charge - the Interbank Card, but was later changed to MasterCard in 1979.
There are four options you can choose from to complete MasterCard payments for an online casino. They are as follow:
1. MasterCard Credit Card
The MasterCard credit card is a popular choice among online gamblers. If you choose to deposit funds to your casino account using a MasterCard credit card, you can expect secure and quick transactions. You’ll also find that the MasterCard credit card is well suited to online casino gambling.
2. MasterCard Debit Card
The MasterCard debit card is yet another preferred deposit option for a lot of online casino players just like the credit card. With a debit card, you can control your spending since the funds which are deposited into your casino account will be taken directly from your bank account. Therefore, you won’t have any debts or won’t receive a bill from your bank stating the amount of money you owe.
3. Prepaid Cards
MasterCard prepaid cards are considered a quick and easy means of depositing money to your MasterCard casino account. To do so, you will need to purchase a prepaid card from your bank or from certain stores. The thing with prepaid card is that it comes pre-loaded with a certain amount of money which you can use for making transactions. Once your funds run out, you will need to reload it once more, provided that you have a Reloadable PrePaid MasterCard.
4. Gift Cards
Gift cards are often provided as a gift by third parties and work like prepaid cards. This means you can also use them for making transactions in a MasterCard casino.
Making Deposits in Casinos with MasterCard
While MasterCard is widely accepted in a lot of online casinos, there are some casinos that don’t accept MasterCard payments. Although in some cases, an online casino will accept MasterCard but wasn’t able to include it in the list of accepted payment options. If that’s the case, it is better to get in touch with the casino’s customer service.
Once you find a MasterCard casino, you will need to create your own account. The process is really simple: you have to enter your name, address, and email address. After that, check your email for verification and click on the link provided to successfully verify your account. Since MasterCard is one of the most straightforward casino payment options, you won’t have to go through any troubles just to deposit funds to your account. You only need to provide your card number, your name on the card, expiry date, and the CVV number. Lastly, enter your desired amount to complete the transaction. In a matter of seconds, you can see your total balance on your account which you can then use to play your favourite casino games.
Unfortunately, there are some cases when your MasterCard transaction will be declined, especially if you are from the US. In case this happens, you will have to contact the casino’s customer service to see if they can do a thing about it. Although MasterCard payments are not available in most sites, the casinos that do accept them will have a high acceptance rate.
Withdrawing Funds with MasterCard
Generally, you won’t be charged with a fee when you deposit funds to your casino account using MasterCard. However, it is advisable to read through the terms and conditions of your preferred casino just in case. If you find that they charge a certain fee, it will be really small as compared to other payment options.
Although deposits are quick and easy, the problem with MasterCard is that it doesn’t allow withdrawals. This is actually the case with other credit cards. Hence if you want to withdraw funds to your account, you might want to use bank transfer or Western Union instead. There are a few exceptions, however, although they will require additional documents and will only depend on the country you’re living.
Advantages and Disadvantages
With MasterCard, you can deposit funds into your casino account in a quick and easy manner. Upon receiving your bank statement, you will be given a certain period of time to pay for the purchases you made. Another thing that makes MasterCard really popular to casino gamblers is its reliability and convenience. Transactions are completed in a safe and secure manner, and you don’t have to worry about your personal information being exposed to the public.
As a well-known casino payment option, MasterCard is constantly trying to improve their services in order to provide their customers with a high satisfaction guarantee. However, there’s always the risk of overspending with a MasterCard credit card, especially if you play high stakes in an online casino. You can avoid this problem by using a debit card or prepaid card when playing in a MasterCard casino instead.