Why Mastercard is a Leading Online Casino Payment Method

When choosing payment options for online casino transactions, the simplest solution could be to use the same method most people use for groceries, clothing or gadgets. This brings us to Mastercard, one of the world’s largest payment networks. 50Casino’s team of researchers provides key facts about this deposit and withdrawal method, as well as the top offers from casinos that accept it.

About Mastercard

Mastercard is the second-largest payment processor in the world, operating by connecting debit and credit card issuers—i.e., banks—with brand partners. 50Casino’s team of journalists has analyzed its most important features that could be relevant when making a deposit at a gambling site.

Facts 

Established in:1966
Number of users:>1 billion
Card types:Credit, debit, prepaid
Headquarters:USA
Accepted:Around the world

Safety and Fairness 

Using one of the largest credit card companies in the world means that players can count on high security standards. Firstly, any personal and financial data is encrypted using state-of-the-art technologies. Secondly, there’s a verification process gamers need to go through when making most online transactions, which consists of entering a SecureCode. Also, in case the card gets stolen, it is protected from unauthorized transactions via the Zero Liability protection program.

User Friendliness

In 1994, Mastercard was the first company to introduce online payments, which made life easier for millions of Americans. Purchasing products and services online via this payment option is as easy as it goes. The team of experts at 50Casino has tested it across numerous gambling platforms available to US users and was satisfied with the seamless paying process.

Special Casino Bonuses

Besides the aforementioned benefits, the described deposits and withdrawals can be tied to some tailored bonuses at gambling platforms. For example, depositing with this method might make a user eligible for a match bonus or some free spins. In the latter case, we recommend checking out the best online slots rating by 50Casino’s team. Even though free slots are usually limited to a certain game, our extensive guide can help the readers understand the ins and outs of all online slots.

Casino Bonus up to $1000

Grasp your great 100% Casino Bonus up to $1000

4.8
Rating
30x
Turnover
30d
Valid

Welcome Bonus up to $1000

Enjoy a 100% Welcome Bonus of up to $1000

5
Rating
10x
Turnover
30d
Valid

Welcome Bonus up to $1000

Get a massive 100% Welcome Bonus up to $1000

4.5
Rating
10x
Turnover
30d
Valid

Pros and Cons

We’ve conducted thorough research on Mastercard payments at online casinos so that we could bring our readers a realistic picture of its benefits and drawbacks. As already explained, the company boasts high security standards and easy-to-use banking tools. However, that doesn’t eliminate some caveats, such as potential fees and long payout periods.

  • Accepted by numerous casinos
  • Tied to lucrative bonuses
  • Safe and secure to use
  • Possible additional fees incurred by the bank or website
  • Slower withdrawal times
  • Some banks may require additional confirmation for gambling transactions

How to Deposit via Mastercard

For those who have weighed all the advantages and disadvantages and settled on using this method, here’s an easy guide on how exactly to do that.

Application

The ideal situation would be using an existing credit card to deposit money at a gambling site. However, those who don’t have one yet always have the option of applying for one at a bank or online—it’s bound to come in handy for multiple purposes.

Choosing a casino

Our team of gambling experts knows how to recognize the best casinos that accept such deposits. We recommend making use of our casino list and choosing the one that currently has the most attractive bonus package.

Selecting Mastercard at the Cashier section

Proceed by visiting the casino’s website and, if needed, making an account. Afterward, visit the place where deposits and withdrawals happen—the Cashier. That’s where players can find the familiar red and yellow logo of the provider. To continue, players should select this option.

Entering payment details

After entering the desired deposit amount, players have to enter their credit card details. This refers to the credit card number, expiration date and CVV. The security code, or CVV, consists of three numbers and can be found on the back of the card.

Verifying the transaction

Confirming all payment details takes us to the final stage—verifying the payment with the mobile banking app. After doing that, the funds should be in the player’s casino account within minutes, which makes them ready to start exploring the top gambling games for US players.

Alternative Options

Listed below, players can find alternative payment options they can use with a similar level of convenience when gambling online. 

  • Visa
  • American Express
  • E-wallets