MasterCard Review
MasterCard was established in 1966 and is the most widely accepted credit card in the world. It processes over 22 billion transactions per year and is listed on the New York Stock Exchange. The biggest advantage of MasterCard as a payment option is that many online gamblers already have a MasterCard credit card in their wallet. There is no need to sign up for any additional account to start gambling at one of the many MasterCard Casinos.
MasterCard Casino Deposit
The most commonly used MasterCards are the “ClassicCard”, “GoldCard” and the “PhotoCard”. These cards are accepted at all MasterCard casinos. Most big MasterCard casinos also accept your “Prepaid MasterCard” and “MasterCard Debit Card”. All deposits to MasterCard casinos are free of charge.
If you have ever made an online purchase with your MasterCard, making a deposit to a MasterCard casino is a piece of cake. All the data you need are printed on the back and front of your MasterCard. Head on over to the casino cashier and enter the amount you’d like to deposit. You then approve the transaction using your credit card number, CVV2 security code, and expiration date. The money will be in your online casino account a few minutes later.
MasterCard Transaction Declined?
It could be the case that your deposit to a MasterCard casino gets declined. Ever since the UIGEA legislation was implemented, US financial institutions are no longer allowed to process online gambling-related transactions. This is why MasterCard has to perform random checks on the 22 billion transactions it processes each year. When they see a transaction that meets the criteria they are legally obliged to decline it.
It could be the case that your MasterCard casino transaction will be subjected to the security check and gets declined. In this case your transaction will be cancelled but you won’t incur any additional costs. There are no consequences to having your MasterCard deposit declined. You can simply try it again at another MasterCard casino. Think of it as a process of trial and error. There are no costs or risks to it, it only takes a little effort and some time. There are other alternatives (described below here), but trying out different MasterCard casinos is certainly the least time-consuming.
If your MasterCard deposit was declined but you don’t want to try out different MasterCard casinos, you can make use of an e-Wallet. Sign up for an account with one of the e-Wallets listed on our payment options page. You then use your MasterCard to fund your e-Wallet account. As this initial transaction is certainly not gambling-related it will never get declined. You then use your funded e-Wallet account to make a deposit at your favorite online casino. It takes a little extra time as it involves one extra step. But if you don’t like to try out different MasterCard casinos, this is the way to go.
Withdrawing Your Winnings
While many online casinos offer MasterCard as a deposit option, very few offer it as a means to withdraw funds. If they do offer it for withdrawals, it is usually required that you made a MasterCard deposit in the near past. Luckily, you can always choose to withdraw funds using a check or bank wire transfer. Or if you did choose to set up an e-Wallet account, you can use this payment method to withdraw your online casino winnings.
