MasterCard bank cards are the most popular payment method in online casinos. Cards of this company are issued by almost any bank in the world. All online casinos accept Visa and MasterCard for payment, providing customers with quick access to casino financial transactions.
Advantages of Payments in the Casino through MasterCard
MasterCard cardholders can link their accounts to another payment system, such as Skrill, and use it to top up their electronic wallets or withdraw money.
The cards are issued by a specific bank that the customer visits to obtain a physical debit card. In a financial institution, the client only needs a passport and payment for the issuance of a plastic card. It is recommended to clarify if making online payments is possible and what are the daily limits in a bank branch.
Payment limits in online clubs are as follows:
- Minimum deposit: over 10$ or 10€
- The maximum deposit is from $2000 or €2000 to $15000 or €15000
Large platforms can work with a minimum of 4-5 dollars for the first deposit. Casinos set their own withdrawal limits. You can find all the nuances you need to know in the user agreement.
Account Top-Up and Payment
You can use the card for the online casino after it has been topped up. To carry out this operation, you can use the following:
- Bank branches
- Terminals
- Money withdrawals from the electronic system.
The Visa and MasterCard cards are also presented in a virtual version. To receive them, clients need to complete an application on the website of the selected bank, and the client will be sent card details. This payment format is the best option for transactions on the Internet.
You can withdraw money from a bank card at any ATM that accepts cards for processing. From such cards, you can transfer money to other cards, top-up an electronic wallet, or pay directly through terminals. Verification may be required when making payments through Internet banking. The client should present his/her passport data or confirm the phone number linked to the system.
How to Top-Up a Casino Account Using a Bank Card?
All legal casinos of Australia accept Visa and MasterCard bank cards for payment. Payment processing is instant, and payment delays do not exceed 2 minutes. You can link your bank cards to start playing real money games as follows:
- Go to the casino site
- Sign in using your login and password
- Go to your personal account
- Open the “Checkout” section
- Click “Make a deposit”
- Select the VISA or MasterCard method
- Enter the requested data
- Wait for the funds to be credited
Customers need to enter such data as the top-up amount, the full card number from the front side of the plastic (or the virtual card number), the validity period, and the CVV / CVC security code. The commission depends on the bank servicing the card – from 0 to 3.6%.
How to Withdraw Money to Visa and MasterCard?
Account verification on the online casino site is a mandatory condition for receiving cash. Payment can be made after authorization on the platform. Withdrawal of money from the online casino goes in the following order:
- Go to your personal account
- Open the “Checkout” section
- Click on the “Withdraw money” button
- Fill out the form
- Wait for confirmation of the operation
To request the cash transferral, you’ll be asked to specify the amount of money and payment method. You can withdraw money only to the card with which the deposit was made. Usually, details are saved in a personal profile. The payment processing can take up to 5 days, but usually only takes one.
MasterCard in an Online Casino – Positive and Negative Points
MasterCard started operating in 1966 and today operates in more than 200 countries around the world. You can read about how to issue this plastic card on the company’s website or find out about it in any of the banks. Let’s note only the main types of cards.
- Credit card is specified in the way that money being stored on it belongs to the bank, and the owner of the card takes it for use and is obliged to return it. It is important to note that almost all MasterСard credit cards have an automatic credit limit renewal feature. This suggests that the card user does not need to wait for the day the debt is written off, it is enough to deposit the minimum amount that is prescribed in the contract and you can continue using the card.
- Debit card is fundamentally different from a credit card – the money on the account belongs to the client and he can use it at his own discretion.
- Prepaid cards are cards with a certain amount of money. After the money runs out, you can purchase a new card.
Plastic Mastercard cards can be used in a variety of places, such as shops, hotels, restaurants, on the Internet and, of course, in online casinos.
In order to make a deposit at an online casino using a MasterCard plastic card, you just need to go to the account replenishment section, select the appropriate type of payment system and indicate the desired amount. You will also be asked to enter the cardholder’s first and last name, card number, expiration date, and a special three-digit CVV2 code. As a rule, the transfer of funds occurs quite quickly. However, the situation with the withdrawal of money from the casino is more complicated. Most online casinos do not transfer winnings to a Mastercard card. At best they can transfer only the amount of the deposit, but to withdraw the remaining money, you will still have to use other methods.
The requirement to provide confidential card details, when replenishing a deposit confuses many players and forces them to use alternative payment methods, such as electronic payment systems. However, it should be noted that MasterCard has a reliable system for protecting the funds of its customers. In addition, you should not use bank cards in unknown or untrustworthy online casinos.
The advantages of using MasterCard in an online casino are the speed of funds transfer, the ability to use it in many online casinos and ease of use.
The disadvantages include the impossibility of instant withdrawal of winnings to this card and the need to provide confidential data when replenishing a deposit.
