Mastercard has emerged as one of the most popular card payment methods used to make transactions at online casinos. This easy-to-use, safe and convenient method allows players to deposit and withdraw securely at their choicest casinos. Our team has compiled details on the process of making your Mastercard payments. You can also have your common questions answered by our FAQs and simultaneously check out the best online casinos where you can use your Mastercard for banking.
If you already have a Mastercard and want to start your gambling journey at the top-rated casinos, here are the perks of using this popular payment method at online casinos.
Currently, out of the thousands online gambling sites, there are around 300 trustworthy sites that facilitate your transactions via Mastercard. Not only across India, Mastercard is one seen as one of the most convenient payment method worldwide. In India, you can possess the Mastercard in any of its forms such as a standard, gold, platinum Mastercard or a World or World Elite Mastercard.
With billions of users, today it is a preferred banking method that most players choose for funding their casino accounts. Aside from its ease of payment, Mastercard is also popular because it doesn’t involve any other parties to process your deposits. However, as this is one of the choicest payment methods, withdrawals using Mastercard is still rarely seen. Here are some of the advantages and disadvantages of playing at Mastercard casinos.
Perks of using Mastercard at Online Casinos
Mastercard is a form of credit card that is globally accepted and this is what makes it an ideal banking method for casino players who want to play with real money. In India, you’ll barely come across an online casino that doesn’t accept Mastercard payments.
A primary reason behind its popularity across casinos is also the factor of security that it guarantees to its users. The ‘Zero Liability’ protection system of Mastercard ensures that users will not be held responsible for the transactions they’ve not made. Also, its identity theft resolution services are open round the clock. This facilitates users to conveniently cancel and replace compromised cards or register a complaint against fraud to the concerned Credit Information Bureau in India.
Security features of Mastercard
Mastercard protects all transactions that players make with its Mastercard Secure Code. This is a private code known to the user and the issuing authority. There are some financial institutions that pre-register the cardholder’s with a Secure Code automatically. You can also signup using the card issuer’s website. The good thing is that if your issuer senses any suspicious transactions made using your card, they will immediately get in touch with you to check whether the transaction is a genuine one or not. You can always find out the Secure Code logo on casino games to ascertain whether they extend this extra security layer to their customers.
Claim extra rewards
Rewards on your Mastercard are common and some of these reward schemes can be quite lucrative. You can earn points towards air travel or claim shopping vouchers and more upon depositing money into your casino account via the Mastercard. Some online gambling sites also offer special deals and promos meant for players choosing Mastercard to fund their casinos. These come in the form of bonuses given away to the players.
Funding your casino accounts
Indian players can use their Mastercards to pay in Rupees into their favourite casinos. The process is simple and requires players to simply enter their card and billing details into the casino’s deposit form. Make a note of the amount you want to deposit via your Mastercard. Subsequently, the casino will check for card approval with the authority and process the transaction from your Mastercard into your casino account. Note that these transfers are done instantly so that you can access your choicest games right away.
Cons of using Mastercard
Although Mastercards are accepted around the world, you might have to incur a fees levied on foreign currency exchange, especially when the card is used to make a payment at an international casino. It’s best to factor the fees in your gambling budget when playing at international online casinos as you will have to pay it additionally when converting Indian Rupees to Euro, GGP, USD or other foreign currencies.
You might not like sharing your credit card details with online sites, but at reputable and reliable sites you can be sure of the security systems that guard your deposits and withdrawals. When playing at trustworthy casinos you can be sure that your card details and other information are not vulnerable to hacking.
Making a deposit using Mastercard in Indian Casinos
Paying with Mastercard isn’t a cumbersome process. This makes the entire process of payments quick for customers where they just have to deposit and start playing. Here are the few steps that you need to follow to complete your payment using your Mastercard at an online casino.
First, if you aren’t a Mastercard holder yet, get it issued. Mastercard offers different types of credit and debit cards as well as prepaid cards that you can choose from. You can get in touch with your bank or other financial institutions to get a card issued by your name. Some institutions also allow linking your bank account to your Mastercard. This makes the payment process swift and simple.
Now that you already have your Mastercard in hand, you can go ahead choose a casino that facilitates Mastercard payments. You can look up the features casinos on our site to start your gaming journey. The process of registration at each of these top online casino sites listed here is easy and prompt.
Next, you will find the Mastercard option available on the deposits and withdrawals page at any of the recommended sites. From the multiple deposit options you can select Mastercard by locating its logo and click on it.
You can deposit the desired amount which ranges from $10 to over $10,000 at most sites. Your payment will be completed without any transaction fees charged.
You can also deposit into your account by using the ‘check phone bill’ method. These funds will be available in your account to play as many games accessible in your casino’s lobby.
The process of withdrawing winnings via Mastercard
Like you deposit into your casino account using Mastercard, the same method can be used to cash out your winnings as well. Most top online casinos accept Mastercard to payout winnings.
Here are details on how to withdraw your money using Mastercard at casinos.
- Head to your online casino’s banking page. This page is available on the websites of all our recommended casinos and their respective mobile casinos.
- Now, select Mastercard from the listed withdrawal options. Remember that the details on the card should be the same as that for the casino account to make the process smooth.
- Once done, you can withdraw the required amount. Do keep in mind that the minimum amount you need to withdraw using your Mastercard at a casino is $20. However, the maximum amount would depend on the casino although this can exceed $5,000 per transaction.
- As soon as the casino processes the request which can take up to 24 hours, your funds will be credited to your card within 2-4 working days. Most Mastercard withdrawals are free but sometimes you could be charged 2% fees at times.
Frequently asked questions on MasterCard Payment Method for Online Casinos
Is it safe to use my Mastercard at online casinos?
Yes, it is safe to use your Mastercard at any reputable online casino. With all the security mechanisms in place, it is one of the most convenient, safe and dependable options you can think of.
How can I fund the casino account using Mastercard?
Just head to the deposit section of your casino site and scroll to find the Mastercard option. Provide the necessary credentials along with the amount you want to and press submit. Your casino account will be funded with the amount instantly.
How many casinos accept Mastercard?
We’ve listed more than 300 online casino sites that accept Mastercard. It would be difficult to give the exact figure as new casinos are being launched now and then that also support Mastercard payments.
Can I use my Mastercard for withdrawing winnings at the casino?
Yes, you can use your Mastercard to withdraw your winnings at many online casinos although not at all sites. The method is widely accepted as a payment method.
Is there another common alternative payment option for paying by Mastercard?
In the card payment category, you will find options such as Visa & Maestro while other options include e-wallet methods, Bank Wire Transfer, Pay via phone bill and more.
Is Maestro the same as Mastercard?
Maestro is a flagship brand of Mastercard. However, the former is reserved for some banks only although the functionality and benefits are almost the same as that offered by Mastercard.