For decades the financial services market is dominated by MasterCard and VISA. The rivalry proved to be good for the market as it was the main reason for the fast paced advancement and development of new technology. MasterCard is a US based corporation with international presence. Over the years it evolved and adapted to the needs of the customers. Even their logo underwent some serious overhauling. Before we even start the in-depth analysis, note that MasterCard may restrict transactions with online casinos to begin with. However, this can be changed unlike the general restrictions imposed by certain jurisdictions.
The Wide Use of MasterCard
Over the years MasterCard indulged in a rather aggressive campaign to increase its market share. Sponsoring the Champions League and the creative commercials and taglines attracted new customers. Today this payment method knows no borders. MasterCard is one of the two most used payment methods for online payment and land payment as well. If you have a credit card yourself you probably know that the merchant or in this case the online casino should pay any fees that might apply. Some casinos may charge you an administrative fee because of this reason. Others might offer several fee free deposits per week.
If you want to use a MasterCard credit card to withdraw funds you better check with the respective casino if they can send money to your country. MasterCard has a rather restrictive policy when it comes to online gambling. In addition to this you may have to visit your bank and ask to allow payments to online gambling entities.
Safety and Security
Your credit card is like a key with your name on it. However, with the increase in popularity of online payment frauds became common as well. MasterCard updates the security and safety procedures to ensure your money are as safe as they can be. Try not to give your credit card to unlicensed entities. This way you save yourself from any unwanted issues. A licensed online casino is a safe place to use your MasterCard. During deposit or withdrawal phase the casino will ask you to submit certain documents. These documents act as a proof that you’re the owner of the payment method or in this case of the MasterCard credit card. Usually this document is a bank statement that confirms you are the owner of the card. Even if somebody else gets a hold of your credit card it’s virtually impossible to lose your funds at an online casino.
Every year or two MasterCard releases a rule book or a guideline list. The purpose of this rule book is to warn users and advise them how to use their credit card information properly. If you are hesitant you should definitely check that out.
Versatile Payment Method
If you obtain a MasterCard you can use the same card for making land payments, withdrawing money at ATMs and pay online. MasterCard has offices around the world and should you experience any problems you can call your bank or the MasterCard office directly.
Using MasterCard to fund your account at an online casino guarantees you will be eligible for all available bonuses and promotions. Above you can find all casinos who accept MasterCard credit cards for deposits and some of them for withdrawals as well. Should you have any additional questions regarding the use of MasterCard or any other payment method feel free to contact us.