MasterCard payment system was founded in 1966 and is currently considered one of the best payment methods on the planet. Almost all banks around the world use it. Today, MasterCard is Visa's main competitor and consists of more than 25,000 financial institutions located in 210 countries.
MasterCard is one of the easiest and fastest payment methods on the Internet, including online casinos. This payment system is very popular in online casinos. That is why Casinonic casino decided to do a detailed review of this payment method.
As we mentioned above, MasterCard is a very common payment method in the field of gambling. In order not to waste time searching for a truly worthwhile casino with good games, payouts and a safe game, Casinonic’s team have compiled and highlighted the very best online casino options for you. To see them in more detail, select any game, payment system, bonus, software providers etc. from the list and read a detailed review of it.
The payment system provides its users with a choice of 4 types of cards.
Cards by their types and privileges that they give to the holder:
In principle, the usual standard card is enough to make payments in online stores or to deposit / withdraw funds from online casinos.
All this will be available to you immediately after registration on the casino website. You need to specify only real data, otherwise you may run the risk of being left with nothing if you win or get a lot of problems with the withdrawal of funds.
Unlike many other payment methods, to confirm your identity, you just need to photograph your MasterCard and send the digital photos to the online casino support service.
If you replenish the account in a currency other than your bank card, then conversion will inevitably be carried out at the rate of the bank that issued the card at the time of payment.
When making a deposit, it is enough to enter the data of the MasterCard and, if necessary, confirm the payment with a password in an SMS message or e-mail.
But when withdrawing funds, the algorithm will be different - you will need to know the details of the bank account to which the card is issued. Therefore, be prepared that withdrawing funds may be more convenient with another method: for example, PayPal or Neteller.
Basic reliability is guaranteed by the MasterCard supplier and millions of satisfied users in the world are proof of this.
But it is also important for the cardholder to protect himself from breaking or losing the card.
Do not give CVV code and passwords, even to bank employees - this information is absolutely not needed by any bank employee or MasterCard employee;
In case of loss, immediately call the support service of your bank, as a rule, service departments work around the clock. If this is not possible, report the loss of the card electronically on the bank's website - in case the funds are withdrawn, such a letter will help you prove that this was done by third party.
When withdrawing funds, bank details are needed - it is better to take them directly when issuing a card. Do not forget about the SWIFT code!
Commission payments for conversion and withdrawal / replenishment of funds can vary from 5-15% (depending on the bank).
As a result, we say that this payment system is very convenient for replenishing an account, and slightly less convenient for withdrawing funds. But about the withdrawal of funds, everything is very individual - each player must decide for himself and calculate the possible options, percent of the cost of withdrawal, withdrawal time, percentage of commission as well as currency conversion.
Millions of users around the world over countless years indicate the high level of customer trust and reliability of MasterCard.