As one of the two major credit cards in the world, it is a fair bet that many people will already be in possession of a MasterCard. It is just as likely that those players will have already used their MasterCard to purchase goods online. If this is the case, then the chances are that players won’t need too much of an introduction to MasterCard.
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Although not as popular at online casinos as VISA, MasterCard is still one of the top payment methods any player can deposit with at online casino sites. Accepted across the globe, the credit card deposit method offer instant transaction times, although there may be fees involved. These vary from site to site, though.
Depositing with MasterCard
If you’ve ever used your MasterCard (or any credit card, for that matter) to purchase something online, you will already know all you need to know about the deposit process at online casino sites. If not, it really doesn’t take a lot of effort to top-up your balance.
After navigating your way to the cashier or banking page at the site, you need to select MasterCard as your chosen deposit method. Enter the figure you wish to deposit into your casino account, as well as the card number (of your MasterCard), the expiration date and the CVV code found on the back of the card. Provided you haven’t exceeded the balance on your card; the transaction should land instantly in your account.
While many casinos do not charge fees for MasterCard deposits, some do. Moreover, you should always check with your MasterCard provider (usually your bank), as they may apply fees to any transactions made with the card.
While most major online casinos permit you to deposit with MasterCard, withdrawals can often be a mixed bag. Some casinos permit MasterCard withdrawals, and some don’t. Generally speaking, if you are based in the UK and Ireland, you should have no problems here. If you’re based elsewhere in the world, it is worth checking out first before you commit to the payment method.
MasterCard withdrawals are completed with virtually the same steps as a deposit, albeit in reverse. It is worth noting that although some casinos don’t permit MasterCard withdrawals, they may still allow bank transfers to your bank account (the same bank which issued you the MasterCard), which may be something worth exploring. MasterCard withdrawals may see you incur fees, most typically no more than 2.5% of the total withdrawn. Not all casinos charge fees for MasterCard withdrawals, though.
The Final Word
If players already have a MasterCard, then this option is appealing as the method is commonly accepted across the net. However, lack of withdrawal options and/or fees may see players move to another option. There are pros and cons to MasterCard deposits and withdrawals, but it really does vary from site to site.
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