Online Casinos That Accept Mastercard Deposits
Mastercard has been around for decades and was for a long time one of the most tried and trusted payment options globally, for thousands of different services. The increase in alternative online payment methods has curbed its popularity, however, but despite this, there are more Mastercard friendly casino options online than not.
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Anyone that has a bank account most like has either a Mastercard or Visa stamp on their corresponding piece of plastic. Such is the ubiquity of this brand that it is accepted in well over 200 countries around the world and more than 25 million companies welcome payments. Casinos with Mastercard payments enabled are pretty easy to come across, and while there are countless options to choose from, we have nailed down a list of the very best options that complement this facility with exceptional gaming opportunities and high security standards.
What is the Mastercard Difference?
Unless you’ve been living under a rock all of your life you will recognise the Mastercard branding and are likely exposed to it countless times throughout the day. The major difference that makes playing at online casinos with Mastercard payments enabled is that all payments you make are guaranteed to the recipient. Your Mastercard is linked to your personal bank account, but even if you don’t have any funds in place, you can still complete a deposit almost anywhere whenever you want.
That’s the reason that so many casinos continue to make it available as a deposit payment option. While this is very attractive, it is worth noting that to secure a Mastercard credit card, you will need to apply through any of the major banks, and the limits that are afforded to you will depend on your personal circumstances. It is worth adopting a vigilant mindset when gambling using this option at Mastercard friendly casino websites, since the possibilities to exceed what you can afford are much higher.
How Easy is Mastercard to Use at Online Casinos?
In short, Mastercard is a very easy way to complete payments. Any casino with Mastercard deposit possibilities will simply require you to select ‘credit cards’ and then ‘Mastercard’ from the sub-menu. Enter the amount that you want to deposit and then fill in the sixteen-digit card number, which is on the front of the card, as well as your name, the expiry date of the card, and then the three-digit Card Verification Value safety code (also known as the Card Verification Code), which can be found on the back of the card. Once you confirm the payment, you will see the credited amount ready to use in your online account immediately.
What are the Disadvantages of Using Mastercard?
Unfortunately, when using a Mastercard to process transactions there is a strong possibility that a fee will be charged, which is typically between 2 and 3 per cent of the deposit amount you select. This is added to the tally, which means that if you are planning to use your Mastercard to play slots, you will need to factor in this additional amount to the budget you set.
Naturally, anyone who is familiar with online gambling and has used many of the alternative payment methods may feel uncomfortable sharing so many details from a card that is linked to their personal bank account. This security issue alone discourages many who fear credit card fraud.
Finally, processing a Mastercard casino withdrawal may not be possible, depending on which casino you use. Mastercard has pulled back on the number of casinos that it allows withdrawals to be made from, and, even where this is possible, fees are charged and there is a wait time of anywhere between 1 and 5 business days for the transaction to complete.
What’s the Bottom Line?
Choosing from the myriad online casinos that accept Mastercard can be tricky, but a solid rule of thumb is to opt for those that demonstrate the highest standards of support, security and fair gaming. Many of these are included on our list, so browse with confidence.