Does Mastercard really need any introduction? This is one payment option that has been the favorite for online transactions by billions of people in various parts of the world. It is pretty easy to see an online casino that accepts Mastercard. Their credit and debit cards are considered one of the best due to their high flexibility. Here’s everything you need to know about Mastercard casinos in 2021.
This is not a strange name to most people who handle a lot of online payments. For many online casino players, this banking method has come in handy several times. Mastercard is one of the largest issuers of both credit and debit cards to millions of people worldwide. It gives you a convenient way to make online and offline purchases without stepping into any banking hall. So far, there are thousands of financial institutions in partnership with this payment option. Anyone can have access to the right type for their needs. Due to the wide acceptance of this card type and its high security, most online casinos have adopted this as a payment method for deposits and withdrawals while gambling. All you have to do is check on any website of your choice to check if Mastercard is allowed, and you can use this to gain access to top games and premium services.
Why Mastercard is Popular
No doubt about it, the fact that this payment channel has been around for a very long time is one of the reasons why it is so popular. It is incredibly versatile and provides a flexible payment option that allows it to blend effortlessly with most online casinos locally and internationally. In addition, most merchants are only too happy to take advantage of its solid banking reputation to build a loyal customer base. Apart from this, this payment card comes in four different types, giving users the freedom to pick the card that works best for their needs.
MasterCard Credit Card
This is a regular credit card that can be gotten from many financial institutions around the world. The Mastercard credit card comes in the World Elite, world, and standard versions, all with their unique perks. From there, you can guess that the World Elite is a premium card. While it has impressive benefits, the standard credit card with ID theft protection, extended warranty, and zero-liability protection is perfect for anyone who wants to deposit or withdraw from online casinos. Therefore, this card fits nicely with online gaming in most countries.
MasterCard Debit Card
This is another card type that is quite popular with online casino players. Just like a credit card, it is accepted and recognized by many reputable organizations around the world. The only downside to having a debit card is that you can’t use this to borrow credit from the bank. It is strictly for removing money from your bank account, which gives you complete control of your finances.
MasterCard Prepaid Cards
Mastercard claims that prepaid cards are a much easier way to pay for goods and services on the go. To get the prepaid cards, you would need to buy them after providing proof of your identity. You may have to activate and register this card before you are allowed to make any purchase. Most online casino websites also accept prepaid cards, just like debit cards. It works just like a debit card, as the exact amount will be deducted when you transfer money to a recipient. If you have a reloadable prepaid card, you’ll be allowed to reload your card when you run out of funds.
MasterCard Gift Cards
Gift cards are not so different from prepaid cards. However, the significant feature here is that third parties can use this as a gift. Therefore, they are pretty useful in an online casino.
With these numerous options, is it any wonder that this payment method is popular and a favorite for online casinos?
Mastercard Pros and Cons
Using this payment channel for online gambling comes with its pros and cons. Here are a few of them:
It is a widely accepted payment option which means that it isn’t challenging to find an online casino that accepts this for deposits and withdrawals.
It comes with a lot of extra security that makes it safe for use in depositing funds.
You can enjoy some perks that come with being a prestigious owner of this card.
There’s little to no limit to how much you can deposit with your card.
Although it is a widely accepted form of payment, there are a few online casinos that don’t allow withdrawals using this.
You may be required to pay some charges when using this card online.
This payment channel has a reputation for being one of the most secure online payment methods in existence. This banking method has a lot of protection set up to prevent online fraud. Most players only have to place a card from this payment channel in their wallets to enjoy this convenient payment option. To make deposits instantly on most of the top online Mastercard casinos, simply put in the card information and a one-time code for approving the payment. With this, players won’t be at the risk of having their accounts compromised by unauthorized access.
How to Deposit
The fantastic thing about using this card for online payments is that most online casinos make this payment process simple and straightforward. It could take as little as ten minutes to get this done, and your personal details would be completely safe at the end of this process. Here is how to deposit on online casinos:
- Have your card ready. As discussed earlier, you can pick prepaid, credit, or debit cards for your online payments. Visit any financial institution to get this and link the card to your bank account to make transactions seamless.
- After thorough research, you should have a good idea of the best online casino for your gambling adventure. A quick check will reveal if this website accepts this payment method. Once you’re sure that it ticks all the boxes, register on the online casino for free within a few minutes. Don’t forget to link your mobile number.
- After clicking on the deposit option, select Mastercard on the cashier and explore the multiple deposit options. It’s quite easy to spot this option as the logo is eye-catching.
- As soon as you select Mastercard, you’re free to deposit as much as you want without restrictions. Usually, there would be a minimum deposit of ten dollars, but you can pay in as high as ten thousand dollars at the tap of a button. These rules are primarily dependent on the terms and conditions set by the online casino. However, you wouldn’t have to pay any processing fee on your deposits most of the time.
- Now that the funds have reflected on your account, you can start playing your favorite online casino games immediately.
How to Withdraw
Withdrawing from Mastercard casinos is as straightforward as making a deposit. Here’s how to go about this:
- Every online casino has a dedicated withdrawal page which is usually easy to find. Navigate to this withdrawal page to claim your winnings.
- Choose Mastercard as your payment option and then as your withdrawal option. This will navigate you to the online casino withdrawal page.
- Fill in the required information, including your card details and withdrawal amount. Depending on the type of online casino you’re on, they may require other important information to help with your withdrawal process.
- Hit the submit button and wait patiently for the money to reflect on your bank account. The transaction will be successful as soon as both the online casino and Mastercard verify it from their ends.
It’s always much better to trust an online payment option that respects your privacy and keeps your information as secure as possible. You can breathe easily as you explore different online casinos accepting Mastercard. Feel free to check out our list of top online casinos to help you make the right choice.