How online MasterCard casinos work
MasterCard is a form of payment that doesn’t need any kind of introduction. It is more than likely that most people reading this review have a MasterCard card in their pockets or wallets. Alongside VISA, MasterCard is one of the two biggest credit card providers in the entire world. For this reason, it is also quite possible to find a casino MasterCard in a very easy manner.
There are many reasons why this credit card provider is one of the most used payment options in regular commerce and also when playing in online casinos. Those who use MasterCard to make casino deposits or withdrawals, or make any kind of purchase in another store, can rest assured that their transaction has some extremely secure protection methods. Additionally, it is a banking option that is accepted in hundreds, if not thousands, of casinos. Last but not least, MasterCard is accepted in virtually any country around the world.
What can be said about MasterCard
MasterCard as a company was born in 1966 after multiple banks in the United States united their efforts and decided to simplify the way in which they conducted transactions across different banks and stores. In the following years, the company absorbed and merged many other banking entities from other countries around the world. In the 1980s, with the credit card boom, MasterCard was in a prime position to release a credit card of their own, which is the one that people continue using even today.
This company and its services have evolved a lot since its establishment. For example, it has been at the forefront of the development of new security protocols in order to make any transaction even more secure. In fact, transactions made with MasterCard have all kinds of protections and insurances, which protect the buyer and the seller whenever a purchase is conducted.
Also, online casinos that accept MasterCard appeared very early in the boom of these kinds of websites. In other words, it has been possible for users to employ this credit card for making deposits and withdrawals in online casinos basically from the moment they first emerged.
How to choose a good MasterCard casino
MasterCard is one of the most universally accepted forms of payment. For this reason, it is quite easy to find out if a specific online casino offers the possibility to deposit and withdraw funds by using this banking option.
However, even after finding a MasterCard-compatible casino, users might want to check whether this platform supports both deposits and withdrawals or just deposits.
How to make deposits with MasterCard
Making an online casino MasterCard deposit is quite easy. Let’s see how the procedure looks like:
- first, punters need to log in into their casino accounts;
- after that, they need to go to their balance menu and choose the option to add funds;
- the amount and the deposit method that will be used must be selected at this stage;
- after choosing MasterCard, users will be redirected to the payment platform of the online casino;
- here, it will be necessary to insert information like full name displayed on the card, the 16-digit long number, the expiry date and the 3 or 4 digit CVV code;
- if the bank of the user requires it, insert any extra security code being asked.
After these very simple steps, the deposit with a MasterCard credit card should be done. It should also be stated that these deposits will be reflected instantly in the user’s account. All of this makes the best MasterCard casino sites some highly attractive platforms
Making withdrawals with MasterCard
Making a withdrawal with a MasterCard credit card is also a simple procedure. In general, users must follow the same steps that were described when making a deposit. This means that, first, it is necessary to log in to the online casino account. After that, punters will be asked to choose how much they want to withdraw, and on which payment method they want to receive the money.
Then, users simply need to confirm the transaction with the casino and that’s it. All this procedure takes only a few minutes. However, it is important to clarify that withdrawals made with MasterCard usually take 3-4 business days before they appear in the user’s account. This is due to all the security protocols applied by the top MasterCard casinos themselves and also the banking method.
Safety and security with MasterCard
As said in the introduction, MasterCard not only applies lots of protocols in order to make all transactions extremely secure. The entity is also at the forefront of new security applications that are later adopted by the entire industry.
To be more specific, every time that a user makes any kind of transaction with MasterCard, there are lots of things happening in the background. They include things like the encryption of all the data being sent between the user and the lowest deposit casinos. This encryption also means that it is impossible for any hacker or another individual with malicious intentions to sabotage the transaction in any way.
Also, MasterCard rolled out a protocol called the PCI DSS, which, in simple words, protects sellers, buyers and even banks from fraudulent activity. Also, if some unrecognized transaction takes place, it is always possible for the user to get in contact with the company in order to get assistance.
Fees and payout times applied to MasterCard transactions
To set things straight, yes, there are some commissions and fees related to any MasterCard casino deposit and transactions made in other kinds of commerce.
Specifically speaking, it is possible to recognize three broad categories. First of all, there are the fees applied by MasterCard itself. They vary depending on the country from which the card is being used. In general, casino users can be informed about these commissions by reviewing the contract they signed with the bank that emitted the credit card.
In second place, banks themselves might also charge a commission every time that a user makes a purchase with MasterCard. It should also be considered that sometimes banks might also charge an upkeep fee which must be paid only to keep the MasterCard credit card open.
The third and final broad category of fee that MasterCard users might expect are the ones charged by casinos themselves. Regarding payout times, in general, users can expect the funds they withdrew from an online casino within 3-4 business days after making the transaction.
MasterCard’s customer support
The MasterCard website has an excellent FAQ section where users can get assistance and answers on a wide range of topics. However, in case of a banking emergency or any kind of issue that requires a more urgent answer, users can always get in contact with the official MasterCard support number. It can be found on the card itself. Also, users can always get in contact with the bank that produced the credit card for them.
Why choose MasterCard-compatible casinos?
There are a couple of reasons that make MasterCard compatible casinos some of the best gambling platforms of their kind. First of all, this banking option is accepted in more than 180 different countries, and is also accepted in thousands of different online casinos where MasterCard deposits can be made.
Another positive aspect is the simplicity of using this credit card. As long as users have the card at their hand, they can make all kinds of transactions in no time. Finally, it should also be mentioned that getting support when using this card is extremely simple. It is provided by banking entities and also by the MasterCard company itself.
Are there any MasterCard casino bonuses?
There are some online casinos that have introduced a MasterCard casino bonus no wager. This kind of incentive can be claimed by making the first deposit usually required by these sign-up promos with this credit card. It should be noted that, as their name suggests, this is a promotion available exclusively for those who make their first money addition with a MasterCard.
Pros and cons of using MasterCard in a casino
Let’s discuss some pros and cons of using MasterCard as a banking option in online casinos.
Pros:
- accepted in more than 180 countries and in thousands of different casinos;
- world-class customer support;
- top security measures;
- plenty of mobile MasterCard casinos where users can wager and transact from their tablets and smartphones.
Cons:
- there are plenty of commissions and fees that users need to be aware of;
- some people might not feel that comfortable by providing the credit card details directly to the casino.
The best aspects of MasterCard include its universality and security options. However, the downsides are mostly related to all the commissions involved.