Mastercard for new casinos

Mastercard is one of the major deposit and withdrawal methods for new casinos online, mainly because it’s readily available and easy to use. Also, almost every single new casino got Mastercard as one of their available payment methods, but if they don’t – at least they are likely to have VISA-card. However, most people have either VISA or Mastercard and that’s why we have a unique list for both of them. Continue below to discover our top list of new Mastercard casinos.

Why use Mastercard as a Mode of Transaction for New Online Casinos?

With the internet making things readily available and opening the world to everyone, it is no wonder that online casinos have become a common form of online entertainment. Now, when you want to deposit or withdraw money from an online casino, there are a couple of modes available. The most common ways are a transfer to and from your credit card, a wire transfer, or a transfer via popular online payment processing services. Here, you will get the much-needed info about the importance of using Mastercard for your casino transactions.

Why is Mastercard useful?

Mastercard is one of the leading modes of payment across the globe, providing a wide range of banking products and services linked with simplicity, efficiency, and transparency. As a cardholder, you can easily make secure offline and online payments within a short period. The card is indeed commonly accepted, and users can use it in over 190 counties.

How quick is it to Deposit Money via Mastercard?

Depositing money to an online casino via a credit card is a quick and straightforward procedure. Often, it’s instant or taking maximum 5 seconds to get your money into the new casino account. Just go to the deposit page and select ‘Mastercard’ as the mode of payment, fill in your name and the sixteen-digit card number as it’s written in the card, the three-digit CVV (Card Verification Value) safety code as well as the card’s expiry date. Lastly, fill in the amount you wish to deposit and then confirm the payment after checking out that the details are correct. The processed money will reflect on your casino’s account within a few minutes.

Is Mastercard secure?

Yes, in that it comes with unparalleled safety. For instance, should an online casino refuse to pay your winnings, take your money forcefully, or go bankrupt, the card service providers usually help their clients to recover their cash. However, it should be noted that this will be at the service provider’s approval in countries where online casino games are prohibited.

Is it Possible to Use Anonymous MasterCard on New Casinos?

Well, this depends on your understanding of anonymous card payment. The online casino will receive the info about your bank account, but the third parties agents won’t receive any info regarding your transaction. With this in mind, it is always advisable to go through a review of the best Mastercard casinos list and read the previous customers feedback.

Is there an age Limit of Using a Mastercard?

Yes and No! Since it’s is associated with a bank account, getting one depends on whether you have a bank account or not. Minors in some countries such as the United States own bank accounts, but the rules require them to have a guardian or parent as a joint account holder. In this case, the minors can own and operate a card. On the other hand, you must be 18 years old and above to qualify for it in the European Union countries.

Five Common Reasons why an Online Mastercard Transaction is declined

You have filled the Wrong Information If you are making an online deposit or withdrawal via this card and have the transaction declined, it would be due to typo on your end. For instance, you might have entered the wrong address, wrong CVV code, or wrong expiration date. Insufficient Funds
This is undoubtedly the common cause of card payment being declined. But you can easily prevent this by tracking your spending pattern carefully. In most cases, banks won’t allow their clients to make a payment that is higher than their available balance.
The Bank is Doubtful of the Transaction
Banks have the right to decline any transaction they deem to be doubtful with your regular deposits or withdrawal habits. In most scenarios, you can make a quick call to your bank and sort out the issue.
The Card is expired
Most cards come with an expiry date. If yours is expired, it will not be accepted for withdrawals or deposits in casinos. You can always avoid this inconvenience by checking the date and know when the card is due for expiration.
Technical Issues
While in many scenarios you could be responsible for a declined card payment, this isn’t always the case. Banks and merchants have problems processing card transactions even when you have done everything right. For instance, the issue could be with their internet connection, power failure, or multiple transactions at a go.

What is the difference between Mastercard and Visa card?

Generally, there is no significant difference between Visa and Mastercard. The two are widely accepted mode of payments across the world. However, the two are just methods of payment and thus do not offer any credit cards. They depend on banks in the countries they operate to issue cards that use these payment methods.

Pros of Using Mastercard

It allows you to manage accounts and funds easily.
It makes the casinos using these cards reliable.
It is a secure and safe mode of depositing and withdrawing funds.
It is a widely accepted method of payment.
Allows clients to transact significant amounts of money.

Cons of Using Mastercard

Some hidden charges may apply.
Not all casinos enable gamblers to use these cards for withdrawing purposes.
How do I get a Mastercard card?
Although it guarantees flexibility, getting the card may take some time. Customers are required to visit the banks that offer the card in their country. Here, they will fill in some personal information and then wait for the card to be issued within a specified period. The good thing is that some banks are offering instant cards. It is essential to apply for a card that allows you to perform online payments across the globe and enables you to keep track of your transactions.