Mastercard

There aren’t many people who haven’t heard of, or better yet, used this well-known payment method. MasterCard has surpassed Visa as the most popular method of depositing and withdrawing funds from an online casino account.

MasterCard is not only one of the most trusted gambling payment methods in the world, but it’s also a popular deposit method at many of the top online casinos. MasterCard online casinos are widely used all over the world, probably second only to Visa in terms of gambling deposits.

Let’s take a look at why using the best MasterCard casino sites is so beneficial!

What is Mastercard?

MasterCard is a financial services company which generates mainly gross-dollar volume (GDV) revenue. MasterCard cards with MasterCard logo are issued by member banks. Open-loop cards that are accepted everywhere often carry the MasterCard logo, so that they can be used.

There are four main payment card processors throughout the payment industry. These 4 card transformers include Mastercard, Visa, American Express and Discover. A payments network and partners are operated by each company and various card providing institutions.

Every electronic payment card has cardholder numbers starting with an emittent number (IIN) which differentiates the electronic payments network processor. If a logo is not visible, IIN may help to identify the card brand.

Mastercard for online gambling

MasterCard is a totally acceptable method of payment for online gambling, as it is lawful to make online gambling in the country in which you live. If it is not legal, MasterCard may find that all payments to online casinos have been blocked. But that is not a big issue because it is still possible to use your card to finance e-wallets that often make deposits.

There are 4 types of Mastercards accepted in most of online casino:

• MasterCard credit cards
• MasterCard debit cards
• MasterCard pre-paid cards
• MasterCard gift cards

How to deposit money with Mastercard?

Choose a casino that accepts MasterCard as a payment method

Unibet, 32Red, Sportbet and Betfair would be a good choice for players looking to deposit with MasterCard, but you can also look through our casino reviews for more options. Once you’ve decided on a casino, create a free account.

Select MasterCard on the Deposit Page

Visit the casino’s deposit page after you’ve registered your account. Depending on which casino you choose, you’ll find it in the main navigation or on your account page. Select MasterCard as your deposit method once you’ve arrived at the deposit page.

Confirm the deposit information

You’ll be asked to confirm your information, just like when shopping online – card number, security code, and so on. When you enter this information and the amount of your deposit, your funds will be deposited into your account as soon as the payment is processed, which is usually within a few minutes. MasterCard cardholders are frequently asked to confirm their payment by entering a unique code (sent via text or email).

How to withdraw money with Mastercard?

Withdrawal Request

A withdrawal section is available on the site, similar to the deposit section. Selecting MasterCard withdrawal is required, as it informs the casino of your intentions and the means to carry them out. Any player can choose to close his virtual account by withdrawing all of the money or just a portion of it.

Double-check your information

If you want to make a withdrawal with MasterCard, the online casino will need to verify your identity and that you are the cardholder. They’ll ask for proof, which is usually a piece of mail or a recent statement (with sensitive information redacted.)

Receiving Funds and Processing Withdrawals

While the exact time frame varies depending on which casino you’ve registered with, most withdrawals are processed within 1-2 business days and funds are received within 3-5 business days.

Check the withdrawal page of your preferred online casino to confirm time frames, or contact the casino’s customer support team, who can walk you through the process.

Advantage of Mastercard

• It’s convenient because Mastercard is also useful in daily life
• Instant access
• Safe
• Widely accepted

Disadvantage of Mastercard

• March have international transaction fee
• Certain limitation to withdraw per transaction and per day

Final thoughts

MasterCard is without a doubt the most widely used payment service on the planet. Because of the features that the service offers, the best MasterCard casinos in Canada have chosen this option as the primary and most reliable option to offer gamblers on their site. The fact that these cards are used in over 200 countries and accepted by over 25 million businesses, as well as the ease of use, are just some of the advantages that online casinos gain by using MasterCard as their preferred deposit and withdrawal method.