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- Transparency of transactions
- Lack of central regulation
- Complete anonymity
It is therefore no surprise that most online casinos accept Mastercard payments. It is rare to find a gambling site that doesn’t. That said, it’s still necessary to learn how to find the best betting sites that accept Mastercard and how to use the method.
In this guide, we will cover everything you need to know about making use of Mastercard at casino sites.
The chances that you already have a card from Mastercard and know what it is are high. Nevertheless, we’d still like to provide a brief overview for those who may be new to Mastercard.
Mastercard is one of the world’s largest payment processor networks, second only to Visa. It partners with various financial institutions that issue Mastercard payment cards to customers. The cards could be debit, credit, or prepaid.
Mastercards may be used to make payments at millions of global outlets that accept the brands. It can also be used to receive funds from various online sites and casinos.
The origins of Mastercard can be traced to the late 1940s when many US banks began to issue special papers for customers to use like cash at local stores. In 1966, a group of banks came together to form the Interbank Card Association (ICA).
The association launched Master Charge in 1967 to compete with the Bank of America, which started to issue Visa cards (BankAmericard) in 1958. Within two years, ICA began to spread into international markets and partnered with different banks in Europe, Japan, and Mexico. By the late 1979s, ICA had partnered with various institutions in Australia, Africa, and many other places.
In 1979, the association renamed Master Charge as MasterCard. The ICA also became Mastercard International. It continued its expansion and moved into Latin America and Asia in the 1980s. MasterCard became the first payment card to be issued in China in 1987. In 1988, it issued its first card in the Soviet Union.
Over the years, MasterCard International made various acquisitions which helped them improve and expand. These acquisitions include the Cirrus ATM network in 1985, after which Maestro was launched in 1991. In the 2000s, the company also acquired companies like Orbiscom, DataCash, and Provus.
Today, Mastercard is in over 200 countries and territories of the world. It works with more than 3,900 clients in 120 countries and has 80m+ merchant locations. The card is issued by more than 22,000 partners globally.
Key facts about Mastercard:
If you’re not sure of why you should make casino deposits with Mastercard, here are some reasons:
Before signing up to use the card at gambling sites, you also need to know some of the drawbacks. We’ve highlighted them here
Loading your casino account with the card is a straightforward process. You can get it done within a few seconds as long as you know what to do.
First, you must get your Mastercard-issued card from licensed institutions such as banks. It could be debit, credit, or prepaid. For your debit cards, you will need to have funds in the bank account linked to it. Prepaid card owners also need to load the card before attempting payment.
Once you have your Mastercard, here are the simple steps to deposit:
Before trying to cash out with Mastercard, make sure you have funds eligible for withdrawal. Fulfill all the withdrawal requirements, such as documentation and bonus wagering, before initiating the process.
These are the simple steps to withdraw with Mastercard
It’s best to withdraw with the same card you deposited to avoid delays or denial.
Mastercard is not only useful at traditional gambling sites but also at cryptocurrency casinos. If you’re new to crypto gambling, you don’t have to start searching around for where to buy cryptocurrencies. As long as you have your Mastercard, you can purchase cryptocurrencies through some crypto casinos.
Top crypto gambling sites like BC.Game makes this possible. They partner with crypto exchanges and link you to the platforms from their website.
Let’s break down the process of purchasing cryptocurrencies with Mastercard via crypto casinos, using BC.Game as an example.
Note: You may need to complete some verification at the crypto exchange (e.g. MoonPay) before you can purchase the coins.
What’s the essence of a solid payment system if there are no games to play? Thankfully, this isn’t the case at online casinos that take Mastercard. Most of them offer games of different kinds to suit the tastes of various players.
Here are the main categories of games available:
Everyone loves to claim casino bonuses and get extra rounds on their favorite games. Fortunately, Mastercard is one of the best payment methods for casino bonuses. Except in cases where a payment method is specified, you can always claim an online casino bonus with Mastercard.
Interestingly, top gambling sites that accept Mastercard offer many lucrative bonus deals and giveaways. Hence, there’s always a generous offer to claim. Furthermore, using Mastercard for payments makes you eligible for even bonuses that do not require deposits. Whether it’s a high-roller reward, referral package, cashback, loyalty free spins, or no deposit bonus, Mastercard casino users qualify for all.
Despite the large number of good Mastercard iGaming platforms, you still have to be careful in choosing one. Sometimes, a casino may not be suitable for you, even if it is great and reputable. Other times, online casinos that take Mastercard may be of low quality or unsafe.
To identify a suitable and safe Mastercard gambling site for yourself, you must consider some qualities. The first two things to check are if the casino accepts Mastercard payments and if it welcomes players from your country or territory. If both checks are positive, then proceed to review the security and licensing status of the casino.
A good Mastercard betting platform must hold a license from trustworthy iGaming regulators. The site must also use SSL encryption technology to secure players’ personal data, card details, and other financial information.
After the casino meets the aforementioned criteria, go ahead to consider the games lobby, bonuses and promotions, customer service, and mobile optimization. Our gambling experts have identified licensed, safe, and reputable Mastercard online casinos that stand out in all these aspects. Check out our recommended casinos for a suitable choice whenever you’d like.
Many gamblers prefer playing on the go with their smartphones and mobile devices. Therefore, top Mastercard iGaming brands ensure that their websites are optimized for mobile gaming. Whatever kind of game you like to play, you’ll find them in abundance at mobile Mastercard casinos.
Furthermore, some of them provide downloadable mobile casino apps that offer seamless navigation and gaming. These apps are usually available for all kinds of mobile devices, such as Android phones, iPhones, Android tablets, or iPads.
Whether you choose to play on the Mastercard mobile gambling sites or apps, you’ll find it easy to make payments with your card. The process is fast, easy, and safe when you play at licensed and trustworthy casinos.
Although not so many methods are available globally as Mastercard, it’s possible to find other suitable options in your location. If you’re looking for an alternative to try out, consider the following:
With all the beautiful qualities of Mastercard, it is no surprise that it is one of the leading electronic payment services in the world. The company has built a solid reputation which will be difficult to beat in a long time. Its trustworthiness, ease of use, security, and global acceptance keep it at the forefront of online casino payments.
With your Mastercard, you can be sure that you will find several mobile-friendly casinos ready to accept you. More interesting is that many of these Mastercard casinos bring with them large collections of games and generous bonuses. You also enjoy top-notch security and excellent customer service when you play at the best Mastercard gambling sites.
However, keep in mind that Mastercard may not always be available for withdrawals. When available, the withdrawal amount might be limited and the processing period is slow.
Overall, Mastercard is more fitting for casino deposits. The transaction is fast, safe, and mostly free at top casinos. Take your time to go through our list of the best Mastercard casinos and choose the one you like. Best wishes!