MasterCard is among the top most used payment methods on a global scale. MasterCard cooperates with over 25,000 banks and financial institutions and offers their brand to be used on credit and debit cards which are accepted widely across the world. Due to MasterCard’s security, availability, and ease of use, it is also a popular payment type among online casino players.
MasterCard is among the top most used payment methods on a global scale. MasterCard cooperates with over 25,000 banks and financial institutions and offers their brand to be used on credit and debit cards which are accepted widely across the world. Due to MasterCard’s security, availability, and ease of use, it is also a popular payment type among online casino players.
You can obtain a MasterCard through a bank or another institution that offers financial services. Some companies, such as airlines, offer MasterCard credit and debit cards with the ability to collect the company’s loyalty points with each purchase. There are a few subcategories for MasterCards, namely:
MasterCard credit cards offer credit to the users, meaning the money is a loan that is paid back in instalments. Some countries have banned the use of credit to pay for gambling, so paying for deposits at online casinos with a credit card may be prohibited.
Banks that offer MasterCard products often offer a debit card option, which deducts each payment from the bank account as soon as it is made. MasterCard debit is a widely accepted payment method at online casinos, making it a popular choice.
Unlike debit cards, prepaid cards are not linked to a bank account. Rather, prepaid cards are paid for beforehand and can be topped up as the funds run out. Prepaid cards are a popular choice for online payments as they are slightly more secure for not being linked to a bank account, and because it is easier to keep track of spending when using a prepaid card.
MasterCard gift card is essentially a prepaid card which is gifted to another user. Some online casinos do not accept payments made with gift cards, so using a debit or a prepaid card is a surer option.
Using MasterCard is one of the easiest ways to pay for a deposit. Just follow these three simple steps:
Most online casinos accept MasterCard as a withdrawal method as well. Here is a short guide on how to withdraw funds:
As one of the two major global payment card issuers, MasterCard values their customer’s security above all else. Working in close cooperation with the leading banks in the world, they strive to be a forerunner when it comes to security. MasterCard uses a method called SecureCode for online purchases, where the card user may have to verify who they are by providing extra information on top of the card details. This may be a code sent to their mobile phone or some other information.
Even should the customer’s MasterCard get stolen, the company has a zero-liability policy, meaning that the customer is not held accountable to any unauthorised transactions. The company will not charge any payments not made by the card’s owner.
MasterCard’s largest rival is Visa, which works very similarly and is offered as widely as MasterCard is. There are also some smaller credit and debit card companies, such as American Express, which may not be accepted everywhere in the world. If you are looking for a way to make payments that do not involve the use of a card but are just as easy to approach as MasterCard is, you should check if your bank offers any direct banking methods. Another option is to use electronic wallet services.
MasterCard offers one of the most convenient ways to pay for deposits at online casinos, because it is accepted by almost all casinos and plenty of casino users are already in possession of a debit card. Despite the common misbeliefs that credit card information gets stolen easily, they are an extremely secure way to pay, especially when combined with enhanced security measures such as MasterCard’s SecureCode.
MasterCard is used globally, but some banks may offer Visa instead. You should note that some countries do prohibit the use of credit cards to pay for gambling, but in these cases the use of debit cards would still be allowed.
There may be fees included in the use of your MasterCard. You should enquire about the fees from your bank. Online casinos most often do not charge anything on deposits but may have some fees attached to the withdrawals when using certain payment methods, so be sure to check out the casino FAQ as well.
Yes! MasterCard is considered very safe, especially so when combined with its SecureCode service. There are multiple security measures in place to protect you against fraud and identity theft. Even should your card details fall into the wrong hands, you are not held accountable for payments made by the thieves.
