The Mastercard method of payment has been around for a long time now in some form or another. These days, people use Mastercard for just about any type of purchase one can imagine, including, of course, deposits at online casinos. So, with all the options out there in this day and age for making purchases, what benefits can Mastercard offer that puts them ahead of the pack? In short, Mastercard is considered to have the world’s best theft and fraud protection, and, in the case of a dispute between a merchant and you, Mastercard defaults to your side, and has been known to stand by their customers in situations that are a bit of a grey area. This alone is a great reason to prefer Mastercard for your casino or other online transactions.
Because of the confidence inspired by the Mastercard payment method, a lot of the top online casinos happily accept it for deposits and withdrawals. It is actually quite rare to find a casino that does NOT work with Mastercard.
Here are just a few of the newest casinos which accept Mastercard as a payment method: HeySpin, Win British, 32 Red, MrPlay, 888 Casino, Paddy Power Games, PokerStars Casino and Mr. Green. Honestly, it would be very surprising, and in all actuality very difficult, to find a new casino that doesn’t work with the Mastercard payment format.
Top 5 Casinos That Accept Mastercard
About Mastercard Payments
The first credit card ever created was called Diner’s Club and was used at fancy Manhattan restaurants only. This was back in 1954. Mastercard would see its debut 12 years later in 1966, when it was first known as “Interbank”.
A conglomeration of banks saw the value inherent in the model, and joined together to offer a nationwide credit card, hence the name. In 1969, they changed it to Mastercard, which is the same company we know and love today.
At the same time, more and more banks started to merge their own local and regional credit cards with Mastercard. This just keeps on growing, quickly spreading to Canada, the UK, other European countries, and from there, worldwide.
Mastercard has always been at the vanguard to financial tech. As early as 1983, their cards already were using holograms for security purposes, which was a first for the world.
Mastercard Deposits, Withdrawals and Fees
Even a couple short years ago, long wait times were far too common at many online casinos, including some of the biggest and best of them. Also, it was very common for online casinos to charge processing fees, especially for withdrawals.
Fortunately for the consumer, the panorama has shifted significantly in the recent past, probably due to the very high level of competition present in the industry driving things forward. In the present day, more and more casinos are allowing for instantaneous and free deposits, and also, in many cases, withdrawals as well.
Making a Deposit with Mastercard
To make a deposit with Mastercard, all you have to do is to go to the “cashier” section of the website and select Mastercard. Then just enter your info and make the deposit. If you don’t already have a Mastercard product in your repertoire, you should enquire at your local financial institution. Even if you are not eligible for a regular Mastercard, you may be able to set up a prepaid one.
Withdrawing with Mastercard
The withdrawal process is almost as straightforward and easy as is the deposit process. We recommend using the exact same method for withdrawals as for depositing funds in the first place. This keeps things much more simple and avoids potential delays and issues. Some banks may put a slight wait period for your funds to clear. These days, these delays shouldn’t be more than 48 business hours in the worst cases.
In a word, there should almost never be any transaction fees when dealing with modern online casinos and modern financial institutions at the time of using your Mastercard with an online casino. As was stated previously in this article, these types of needless fees are quickly becoming a thing of the past.
Safety and Security
Rest assured: Mastercard didn’t become the household word it is today by doing anything but putting security as an absolute first priority. It makes the customers feel as if they could trust the platform, no matter what.
We mentioned before the hologram technology technology which was implemented way back in 1983 all the way up to the present day. Mastercard has a very impressive record of NOT being in the news for the types of massive data breaches which we have seen with other banking options. This is due to the very strict security standards any reputable online casino has to comply with.
Pros and Cons of Mastercard Casinos
Safe & Secure
In case of a dispute, Mastercard tends to side with you
It’s accepted everywhere
It eliminates intermediate steps in many cases
Mastercard isn’t going anywhere
Some countries block Mastercard transactions if they are with credit cards
Some online casinos still have wait times for things like withdrawals
How To Create a Mastercard Account
Creating a Mastercard account and making that first deposit with an online casino is a very simple and straightforward process. It should take an average of no more than five minutes. Once you have completed the process you will be able to use your Mastercard for your desired online transactions.
Once logged in, go to the deposit section and choose your preferred banking option.
Deposit your money
Follow the steps and make your first deposit.
How Casinokix Rates The Best Mastercard Casinos
CasinoKix uses a very rigorous rating process to determine which casinos work best with Mastercard. This process includes factoring in data such as how fast casino withdrawals and deposits are, what kind of licencing the casino has and for how long has it had this licence or these licences. Finally, CasinoKix does an in-depth study of reviews by the players themselves, and carefully tabulates them. Also studied are:
Transaction fees, if any
The casino’s customer service
The casino’s security measures
CasinoKix is committed to keeping you, the reader and player, informed with the best and latest data on subjects like these. In-depth research performed by CasinoKix translates to valuable findings which are passed on to the public in the hopes that keeping us all informed will allow us to enrich the online gaming experience for years to come.
Why use Mastercard at Online Casinos?
All in all, Mastercard is a great option for casino players to use with online casinos. It offers great security and great stability combined with great convenience. But perhaps the biggest reason will be, as mentioned in the beginning of the article, the fact that Mastercard has your back every time you use their platform.
Alternatives to Mastercard
The best alternatives to using Mastercard would probably be e-wallets like Skrill, or, in some cases, PayPal when available (PayPal unfortunately usually doesn’t play very nice with online casinos, although some casinos have been known to work with them).
E-wallets allow for an extra layer of protection, since you can keep the bulk of your money elsewhere. The trade-off to this is that it’s also another potential layer of inconvenience, especially at withdrawal time. Options are:
Skrill (this is also a very popular option)
Trustly (these guys have a unique approach and are highly recommended)
To conclude, Mastercard is an excellent choice for doing your online gaming, possibly the best choice of all of them. This depends on your individual situation, needs, wants, desires and priorities. While some people may prefer e-wallets, others will prefer options like Mastercard for their flexibility and for being able to work with such a trusted financial institution.
Which casino accepts Mastercard?
It would be easier to ask which casinos do NOT accept Mastercard, as it is by far one of the most common payment methods used at online casinos. It would be very rare in 2021 to find a casino that doesn’t deal with Mastercard at all. See our list above to see which casinos deal with Mastercard in the absolute best way possible.
How can I deposit with Mastercard?
The deposit process using Mastercard is very similar in almost any online casino. One goes to the “cashier” section of the online casino, selects a deposit option, selects Mastercard, enters the amount one wishes to deposit, and enters all of the relevant card info. That’s it. The process should not, under any kind of normal circumstances, take more than five minutes.
Are there any Deposit Fees with Mastercard?
Mastercard itself does not charge fees for either depositing or withdrawing with any merchant. That includes merchants such as online casinos. If there is ever any fee charged, it will be the casino charging it, and not Mastercard. This is also becoming quickly a very rare occurrence in this day and age, thanks to the intense competition between so many online casinos.
Is Mastercard safe to use for Online Casinos?
The answer to this is, we are glad to say, there is almost nothing safer. Especially for being so darn convenient, Mastercard offers an unmatched degree of security when entering your info online during every step of the process, from storing and retrieving data to making deposits and withdrawals, Mastercard is watching out for you the customer every step of the way.
Is there a Mastercard Casino Bonus for new customers?
It would depend entirely on the casino if there is any kind of a casino bonus for Mastercard customers specifically. To be honest, this team has yet to see one come up, but it could be a great idea for the future for some of the Top Mastercard Casinos we have named in our list earlier on in this same article.
With over 5 years of experience within the gambling industry, Alina has decided to dedicate her set of skills to Casinokix. She has great knowledge of online casinos and knows exactly what makes a fair and reputable casino. For the time being, she is responsible for our content production and tries to provide readers with the best information about the casino world. Her professional approach is part of our success story. Currently, Alina is also finishing her Diploma in Journalism.