Deposit with Mastercard at Online Casino

Mastercard is one of the largest payment processors in the world. We take a look at the advantages and disadvantages of using it at online casinos!

  • Mastercard Casino
  • Deposit with Mastercard
  • Mastercard Payment

Mastercard is indeed a payment processor you’ve heard of in the past. Since it was founded in November of 1966, Mastercard has rapidly become one of the most used payment processors in the world. Today, over 70 billion transactions are processed on a yearly basis.

Of course, there has to be a reason for this monumental number of frequent users. Mastercard has many features that work in its favour, such as the latest security measures and a superb support team. We take a look at the pros and cons of using Mastercard at online casinos. We also explain how users can make a deposit using this payment processor!

It’s also worth mentioning that Mastercard and Visa, although they have different names, are virtually identical in terms of features. They operate in the same way, sharing a host of advantages and disadvantages. Visa does have a larger market share and more users, but both providers are equally accepted around the world.

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How to Use Mastercard at Casino

Adding to a casino balance with Mastercard is incredibly straightforward. However, first, you will need to make sure that your account passes all KYC checks. This will enable you to deposit and withdraw without facing any limits or restrictions.

In order to pass KYC checks, you will need to provide a few pieces of information to confirm your identity. This may include a picture of your driver’s license, passport, bank statement, utility bill, or the card used to fund your account. The casino will need to verify your identity and residence and confirm that you are using your own card when making deposits.

After all of the relevant checks on your account are completed, you can then add some funds to start playing. Head to the deposit tab of the online casino and select ‘Mastercard’. This option can be grouped with Visa, as the two are normally processed by the same provider. From here, you will be prompted to select the amount you wish to deposit, before entering various numbers from your card.

After all the requested information has been entered, you can proceed with the deposit. Additional confirmation may be needed, which will usually come in the form of an SMS message sent to your phone. The funds will then be sent and should appear shortly in your casino balance.

It’s also worth mentioning that if you opt to deposit via Mastercard, withdrawals will have to be requested using the same method and card. This is to ensure that the casino complies with anti-money laundering laws.

Security

Mastercard has a variety of different security features that can help you to stay safe while making payments online. The main method that Mastercard uses to verify purchases is 2FA.

When making any payment, you may be asked to enter a number which will be sent to your phone via a text message. Without this, the payment will be declined, and your account may be locked to stop any other funds from leaving.

You will also have buyer protection on all transactions made with Mastercard. If you do not receive the goods or services that you paid for, you can open a chargeback with your bank. They will work by your side to obtain a refund.

Pros

  • Various security methods to keep your funds safe.
  • Accepted worldwide as a form of payment.
  • Highly trusted, with over 70B transactions yearly.
  • Can be used seamlessly with other payment methods.
  • Has an app with a range of additional features

Cons

  • Some casinos may not accept Mastercard.
  • In some situations, you may be charged an extra fee per transaction.
  • Mastercard customers can be a target for cybercriminals.
  • A slight delay may occur while you authenticate each payment.
  • Yearly fees may also apply when using Mastercard.

FAQ

Yes, you will need to verify your account before making a deposit or withdrawal, as restrictions will apply otherwise.

After you have authenticated the payment, the funds should be sent immediately. In some cases, this may take a couple of minutes to reflect in your casino balance.

Not all online casinos accept Mastercard as a payment method, but most do.

No, the minimum deposit limit will be decided by the online casino.

With most online casinos, there will be a selection of bonuses that can be claimed with Mastercard deposits.

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Joanna M
Joanna M

Joanna MContent Creator

I am a content creator who is enthusiastic about the online world of gaming. I write about the most recent slots partnerships, news and games.