The overwhelming majority of casinos provide the option to use MasterCard’s as a payment method for depositing. Depending on your jurisdiction, this may also include withdrawing. Casinos welcome players who use this payment option and some will include a special bonus for deposits using this method. Using MasterCard allows players instant clearance of funds thereby allowing immediate play of the games. The process is easy, fast, secure and convenient with over 210 countries currently accepting MasterCard.
MasterCard Casino Deposit
Players who wish to use MasterCard for depositing can visit the cashier or banking option on the casino website and then select MasterCard as deposit method. A very short form is provided then and players need to provide the card holder name on the card itself, the card number, card expiry date and the safety code on the back of the card. This is the card verification number, also known as the CVC number. All deposits clear immediately and players have instant funds in their casino account to enjoy on the large variety of games offered. MasterCard is linked with player’s bank accounts and allows players to transfer funds even when there are no funds available and then pay it back within 30 days.
MasterCard Withdrawal at Online Casinos
MasterCard is also accepted at most casinos as a withdrawal method. Players who enjoyed great wins can securely use this method to take some of the winnings out. The procedure to withdrawal cash includes visiting the cashier or banking section, request a withdrawal and then select the withdrawal method. Selecting MasterCard takes players to a very similar form as deposits and players are requested to complete the form with details such as card holder name, amount withdrawn, CVC card number on the back of the card and the expiry date. Withdrawals are processed over different time periods at different casinos and withdrawals are normally available within 1 to 5 banking days. While withdrawals are in pending players are allowed to cancel the withdrawal should they change their mind.
Advantages/Disadvantages of using MasterCard at Online Casinos
The advantages of using MasterCard at online casinos starts off with the safety and security, followed by just how convenient, easy and fast the process is. Funds are immediately available and players can enjoy games within a few minutes. Players can enjoy gaming even without funds being available in their account and then pay it back later.
Players who owns a MasterCard can easily overspend with the large credit limits available and it takes a lot of self-control to not overspend. With the easy payment options it is also very possible to lose track of the amounts being spend. Players should be extremely cautious of where they use their MasterCard as the combination of personal details and card details will enable third party criminals to use their card online. Some of the banks do not allow their card holders to deposit or withdrawal at casinos and players need to check with their own bank regarding the regulations regarding online casinos.