Making online casino payments with a Mastercard – step by step
One of the best advantages of using Mastercard is that almost every online casino accepts it. This means that people who want to play at a Mastercard casino online have the most sites to choose from. It also means that they have a far superior selection of bonuses at their fingertips. To make an online casino deposit using Mastercard, you must first open your betting account. Referring to our expert casino reviews will help you find the best online casinos in the United States and the biggest bonuses.
Once you’ve found the online gambling site you wish to play at, you can open an account by hitting the “Join Now” or similar icon that is usually displayed at the top of the main page. This will prompt the registration form which will ask you for some basic details such as your full name, date of birth, mobile number, and the last four digits of your Social Security Number. This process shouldn’t take much more than a minute or two to complete.
After successful registration, you can then proceed to fund your account. Just follow these instructions:
- Log in to your Mastercard casino online using your desktop or mobile device.
- Go to the banking section which is normally accessible through your player profile.
- Select the “Deposit” option.
- Select Mastercard from the list of payment options.
- Enter the amount you’d like to deposit along with your card number and CVV.
- Submit the transaction. Funds will instantly appear in your betting account.
- Start playing your favorite casino games for real money
*Don’t forget to claim any available online casino welcome bonuses*
Withdrawing your winnings is just as straightforward. The only difference is that you need to select the “Withdraw” option instead of the “Deposit” option in the banking section. You will also need to complete the Mastercard online casino’s verification process before you can withdraw funds.
Average time for Mastercard deposits and withdrawals
Like depositing at online casinos using Visa and AMEX, Mastercard deposits are processed instantly. As soon as you submit the deposit request, the funds will appear in your online casino account which means you can start placing bets right away. Unlike deposits which are automatically and instantly processed, withdrawals are done manually and take a little longer. Be sure to read our expert reviews of the fastest payout online casinos.
The length of time you will need to wait to receive your money may vary from site to site. In most cases, you should have access to those funds in about three days. You may get your cash in two days, or it may take as many as five days. The time elapsed between submitting the withdrawal request and receiving your funds should not exceed five business days. This may seem like a long time, but it’s a lot faster than some other methods like check by mail or Moneygram online casino deposits.
Verification requirements for Mastercard
Credit cards such as Mastercard are issued by banks and other financial institutions. If you have ever filled out an application for a credit card, you know that you must provide a lot of personal and financial details. This is because the credit card company has to be 100% certain you are who you say you are and that you have the ability to pay off your credits.
Completing the verification process for credit cards is far more involved than verifying your age and identity at online casinos that take Mastercard. Once Mastercard confirms your information, they will then issue the card if you qualify.
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Mastercard – a brief timeline
Mastercard was known as Interbank when it made its debut in 1966. It then carried the Master Charge name between 1969 and 1979 before rebranding to MasterCard. It settled on its current name, Mastercard, in 2016. Regardless of what brand name it operated under, Mastercard is one of the most trusted, reliable, and widely used payment systems on the planet.
While Mastercard was originally released as a credit card, the logo appears on millions of debit cards as well as prepaid cards. Most casinos that accept Mastercard take all three types of payment. This means you don’t necessarily need a credit card or even a bank account to make use of Mastercard products.
Mastercard has been immensely successful in its bid to conquer a global market. Millions of merchants and other businesses in 210 support this payment method. There were 234 million Mastercard credit cards in the United States alone in 2020. Those card users spent over $600 billion. It’s estimated that there are over 682 Mastercard credit cards in use throughout the rest of the world. With numbers like that, it’s not hard to figure out why there are so many online casinos that accept Mastercard.
How Mastercard compares to other payment providers
Those who play at online casinos using Mastercard enjoy some distinct advantages. For starters, almost every online casino on Earth accepts Mastercard. This gives Mastercard users a much larger selection of operators to choose from. While Skrill and Apple Pay online casino payments are also widely supported, they don’t come close to enjoying the same level of acceptance that Mastercard does. Mastercard is highly secure, easy to use, and deposits at Mastercard online casinos are instant. Of course, the same could be said for most other payment options.
Depositing at an online casino using Mastercard has a few drawbacks. In the United States, some banks that issue Mastercard credit/debit cards do not process transactions with gambling sites even though online gambling is legal in the state. There are also a few operators that don’t facilitate Mastercard withdrawals. These issues are easy enough to solve by creating an eWallet account that can be funded using Mastercard.
One thing that most credit card users cannot avoid is the fees. Making an online casino deposit with Mastercard usually costs more than using other options like eWallets and vouchers. It’s not the online casino that imposes those fees, but the issuing institution. The amount you pay for any Mastercard transaction depends on the issuing bank and the type of Mastercard you’re using. Make sure you know what charges you may face when using Mastercard. You certainly want to avoid those nasty cash advance fees.
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Most popular payment methods at online casinos
Some people are a bit skeptical about using Mastercard online. Of course, that rings true for any other payment system like PayPal, debit cards, and Google Pay online casino payments. They worry about having their information compromised and they are sometimes uncertain about an online casino’s legitimacy. Rightfully so. However, Mastercard is one of the most secure payment platforms around.
In addition to the cards themselves having several security features, the payment platforms are also protected by multiple layers of security such as SSL encryption, firewalls, and software that monitors every transaction. Online casinos that accept Mastercard in the United States are licensed and heavily regulated. They are obliged to ensure that customers are protected by the most effective and modern security technology. Our top-rated online gambling sites and their payment options are guaranteed to be secure and legitimate. Online casinos are routinely tested to make sure they adhere to strict industry standards.
Here are five of the most commonly asked questions relating to casino sites with Mastercard.
Do I need to use the same deposit and withdrawal method?
Most online casinos require customers to withdraw funds using the same method they used to deposit. So, if you deposited using Mastercard, you must withdraw using Mastercard. However, this isn’t always possible. For example, most vouchers and prepaid cards can only be used for depositing. If the payment method you used to deposit with does not support withdrawals, the operator will provide you with an alternative option.
Why would an operator block my account?
Online casinos could block your account for a range of reasons. Providing inaccurate information during registration, trying to access the site while you are outside of the state, or violating any one of the site’s many user terms could get you blocked.
Another thing that could get you blocked is depositing or withdrawing funds using someone else’s Mastercard. This is a big no-no. Any deposits or withdrawals must be done using your own credit card.
Can I get a Mastercard deposit bonus?
You probably won’t find any bonuses that are specific to Mastercard deposits, but depositing at online casinos using Mastercard will almost always qualify you for a generous welcome bonus or a reload bonus if the site has one on offer at the time. If your Mastercard casino online has some sort of a deposit or reload bonus, you should first check the T&Cs to make sure Mastercard deposits qualify.
What is the difference between Mastercard credit cards, debit cards, and prepaid cards?
Credit cards allow you to spend money that you don’t have in your bank account. Think of it as getting a loan on which you are charged interest on any unpaid balance. When you use a debit card at an online casino, you may only spend what you have in your bank account. If you attempt to deposit $500 into your online casino when you only have $300 in your bank account, the transaction will be declined. Prepaid cards come in a variety of denominations and can be purchased at retail outlets using cash, credit card, or debit card. Prepaid card purchases and payments cannot exceed the remaining balance on the card.
Are there any fees for Mastercard online casino deposits?
Most online casinos don’t charge any fees when you use a credit card to deposit funds. However, the card provider will likely charge you a fee for each transaction. The amount of this fee depends on what type of card you use. On top of that, credit card balances are subject to interest which can add to the cost of your online casino deposit. You may also be hit with a cash advance fee when you deposit at casino sites with Mastercard. Check with your card provider to learn more. [/toggle-item
Conclusion – the go-to payment solution at online casinos
Mastercard is among the most widely used payment methods at online casinos for many reasons. Users appreciate being able to make instant deposits and relatively fast withdrawals knowing that they are safe and secure. They also enjoy having access to a greater number of top-rated online casinos than those who use other options do. This means they can cash in on more bonuses and participate in countless regular promotions. Even though using Mastercard may cost a little more, it’s well worth having peace of mind. Make sure to check out our expert reviews to help you find the best casino sites with Mastercard and the most generous bonus offers.
Online Casinos Accepting Mastercard FAQ
❓How can I be sure an online casino is safe and legit?
To really enjoy your online casino experience, you need to be confident that the site has the proper licenses and is regulated. When the operator is secure this means you are guaranteed to be treated fairly and honestly. You can find the best and safest online casinos by checking out our detailed online casino reviews.
⏳How long does it take to deposit and withdraw at online casinos that take Mastercard?
Transaction times at online casinos depend on a few factors. They can also vary significantly depending on which online casino you play at. You can find more information on withdrawal times at specific online casinos by referring to our handy operator reviews.
⛔Can I cancel a Mastercard online casino withdrawal?
Policies regarding withdrawal cancellations vary from online casino to online casino. We recommend that you check our insightful reviews and guides to determine your preferred online casino’s terms and conditions for more information about cancellations.
⭐What online casino offers the best bonuses for Mastercard deposits?
There are many different types of bonuses you can get for using Mastercard for deposits at online gambling sites. The best bonus is the one that you can get the most out of. Decide whether you want free spins, bonus money, or both. You’ll find the best ones by reading our insightful bonus reviews.
❗What is the best Mastercard product for me?
If Mastercard is your preferred payment provider for making deposits at online casinos, you’ll be happy to know that you have a variety of options that address a range of funding scenarios that may apply to you. Our handy payment reviews will help you decide the best option for you.