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While this sounds scary enough on its own, this information is rendered useless to the fraudsters without the CVV, which only the rightful Mastercard owner, i.
The first step is the deposit initiation itself, which is followed by the authentication of the transfer.
Your bank would then confirm the card number, the billing address and the CVV number as well as whether the balance is sufficient enough to carry out the deposit.
This leads us to the next step which is clearing the money from your balance. This is followed by the last step, the settlement between the two parties involved in the transaction, i.
It sounds overly complex but one such transaction is usually completed within a few moments as Mastercard deposits are normally processed immediately.
Getting a credit card is a fairly straightforward, albeit slow, process. First you need to check in with your local bank and see what their policy regarding credit is and whether or not they are authorized to issue physical Mastercard products in the first place.
If they operate within the MasterCard network they are able to issue these types of cards. Note that there are different types of credits cards like Standard, Gold, Titanium, and Platinum Mastercards so you best check which type is the most suitable for your gambling purposes.
This information is filled into the application form the issuing bank or credit union will give you. If you do not feel like visiting the issuing bank in person, you can use its website and fill in the application form online.
Make sure you input all your information correctly and be honest about your credit history, if you are applying for a credit card, in particular, since Mastercard is known to offer a range of prepaid and debit cards as well.
Should your request for a credit card get declined, make sure you request the issuer to send you a copy of the credit file so that you can gain a proper understanding as to the reasons.
If the bank finds you an acceptable candidate, it will offer you a plan suited to your means and your new card will be shipped to you within the timeframe designated by the issuing institution.
The timeframe is largely based on the policies of the particular issuer but would usually range from 10 days to 2 weeks.
Using a Mastercard to deposit in online casinos cannot get any simpler than it already is. Of course, you would also need to specify the desired deposit amount.
Then you check whether you have entered all the details correctly, confirm the deposit, and this is it. There are no waiting timeframes since the payment is completed instantly.
Yet, most established casinos would defray the transaction expenses for Mastercard deposits. The limits on the deposit would generally depend on the gambling operator you play with.
It is worth noting that Mastercard has adopted its own policies in regard to online gambling. Players from jurisdictions where online gambling is illegal and unregulated may hit a snag when attempting to withdraw via Mastercard.
If you are a resident of a country like the United States where gambling on games of chance on the web is largely prohibited, your Mastercard withdrawal may not go through.
Banks in the country, including the issuers of Mastercard products, have been instructednot to process payments to such cards should the transaction come from a gambling website.
How do these gambling transactions get recognized as such, though? It all started with Mastercard attaching MCCs Merchant Category Code as a means of distinguishing different types of gambling activities along with the level of risk they entail.
For instance, online gambling operators offering products that involve skills to win, eg. These are considered low and medium-risk activities by Mastercard.
Gambling operators offering games of chance fall under the category of high-risk gaming providers and as such have the code attached to their transactions.
This causes the withdrawals from such websites to get blocked whenever the transfer was made to a country where online gambling is prohibited. As of , Mastercard has introduced several new codes of this type that make it possible to distinguish between licensed and unlicensed gambling providers in a given jurisdiction.
Online lotteries run by the government have a code of whereas the code pertains to licensed horse and dog racing operations.
Licensed online casinos have a code attached to them. Still, if you are a resident of the US who plans on gambling at an offshore licensed casino, we would recommend you not to risk it and go for another method of payment where you will not struggle with having your payments declined.
In the event that you do not wish to use a credit card there are other option that MasterCard provides. MasterCard debit cards are the most used after credit cards.
They are directly linked to your bank account and do not let you spend more than you actually have. If you are worried about racking up extra charges or overdrafting this is the best option.
In fact it is much simpler to acquire a debit card than a credit card. The number one slot casino in Canada has been online since and during this time it has gained world recognition and established itself as one of the leading slot casinos on the market.
As previously mentioned there are plenty of online casinos that accept MasterCard as a deposit option, and many are reputable online casinos that employ the best security methods about their transactions.
However, the following online casinos are all reputable and employ the latest encryption methods for transactions. The following are US online casinos that accept MasterCard divided by the software provider that supplies their games and security methods for safe transactions.
RTG has been present in the industry since Furthermore, both casinos offer several massive welcome bonuses.
TopGame is a relatively new software company. It was established in in Panama, and has been successfully providing safe payment methods to US casino players without the danger of getting their transactions blocked by the US authorities.
They both accept Master Card, but only for deposits. Rival is a gaming company with over licensed games offered by over forty licensed operators.
All MasterCard deposits are instant, but no withdrawals are allowed. Here you can play some of the most innovative 3D casino games as nowhere else seen.
MasterCard deposits at Drake Casino are instant and have no fees included. We have selected a few online casinos for our non-US readers too that search for MasterCard accepting casinos powered by Playtech and Microgaming, the two biggest casino software companies.
Playtech has been powering some of the most popular online casinos since Both have impeccable reputations and are considered as one of the best Playtech brands.
Making a deposit to your online casino player account with a prepaid card comes with all benefits that are typical for credit cards: In addition, depositing with a prepaid card at some casinos can earn you an additional bonus.
Another benefit of depositing with a prepaid credit card is that you can easily manage your online gambling expenditures, because the cards are limited in terms of how much you can deposit at a given time.
If you make a deposit to the casino you have chosen with prepaid card, then you will have lots of benefits such as the following ones:.
All those things can help you make a better tactics when it comes to gambling and help you improve the final results.
Usually, some prepaid cards, and especially those that are used by customers for paying bills and making online purchases, have fees.
This is considered one of the greatest disadvantages of this payment method. Normally, the first monthly money withdrawal is free of charge, but there are fees for any consecutive withdrawal made by using an ATM device.
Most online casinos worldwide are selling prepaid cards, making it easier for customers to simply go and get one. The whole process is really easy and it will not take users a lot of of time.
The good news is that prepaid cards are issued by banks that can give you credit ones as well. Otherwise, if the casino you have chosen is not offering prepaid cards, then you can go to the bank and vice versa.
However, we recommend finding an online casino that can help you with your prepaid card issuing process. If you find it hard to do so, we might be able to help you.
Usually, you need to log into your account and go to the cashier section. Then click on the prepaid card option and you will be allowed to buy one.
If you buy a prepaid card from the casino itself, you can be more than sure you will not have any problems using it. Of course, the only source of getting prepaid cards is not only the online store of the casino.
Those things can be found almost anywhere — grocery stores, drug stores and many other retailers. Users should also keep in mind there are various different kinds of such cards and each one of them has different features.
Some customers take this as a disadvantage, because people might easily get confused which one to use. There are some cards that come with a certain amount of money, while you might have to load a sum in others.
This is why you need to make sure you are familiar with the type of card you need.