How does MasterCard work?

MasterCard is a very versatile payment method. Applying for the MasterCard takes more time than getting an e-wallet account. First, you will need to contact a bank, credit union or other financial institution that provides the credit card, fill up the application and explain what sort of card you would like to have.
You can choose from MasterCard credit cards and debit cards. The MasterCard debit cards are tied to your bank account and are easy to get. Credit cards are their most popular offerings, but many online casinos prefer the prepaid MasterCard debit cards as a deposit method.
Once the application process is completed, you will be asked to submit proof of identity such as government ID and address proof, bank account and so on. This is followed by a credit check done by the institution. If everything is in order, the physical MasterCard will be delivered to you in about a week’s time.

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Advantages of MasterCard

  • Secure
    MasterCard is the most secure of all payment option. You can be sure that none of your information is leaked to third parties and there is no chance of hacking or data theft. Your money is safe.
  • Popular
    There are more than 1,000 casinos accepting MasterCard as a deposit method. This is a very secure and convenient form of payment which is available to people from across the world.
  • Your Money is Safe
    MasterCard is a very safe and professional service and has a great reputation. They take extra measures to ensure your safety. In case your account gets stolen or something called as “credit card phishing” was to happen, MasterCard takes care of it and reimburses your full money.

Disadvantages of MasterCard

  • No US players
    Unfortunately, U.S. residents are not allowed to use MasterCard for depositing money at online casinos. There are strict restrictions against this.
  • Takes Time
    Getting a MasterCard is not easy and takes a lot of time. You will have to submit a lot of paperwork depending on which country you are from. This can put off some people.
  • What about withdrawal?
    While most casinos accept MasterCard as a deposit method, not all casinos allow it to be used as a withdrawal method. So for withdrawing your money, you will have to use another option such as an e-wallet, cheque or bank transfer.

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