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MasterCard Debit Online Casinos

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mastercard-debitOnline casino players have had hundreds of payment methods at their disposal throughout the years, but none are as prominent and well-established as MasterCard. Its logo is available virtually across all casinos out there. This is one of the brands, which alongside VISA, has been ruling the online gambling industry. Now, as you know MasterCard has many products, but the most used ones are the credit and debit cards, and we’ll focus here on the debit solution, which has been increasingly popular in the past few years, considering credit cards have been banned in several gambling markets for gambling purposes. What is MasterCard Debit and why choose it as your online casino payment method?

About MasterCard Debit

As introduced, this is a brand whose logo is displayed across all of the top online casino sites, since MasterCard is a long-standing, well-established brand with seen worldwide success, not only in the online gambling industry but across basically any industry that offers card payments. This global recognition has helped the brand expand all over the place and stay strong on the finance scene longer than any other of its kind. This is mainly thanks to the many services and card types it offers, with MasterCard Debit being among the most popular products.

The company started out as a membership organization in the States, way back in 1966. Wells Fargo, Bank of California, Crocker National Bank and United California Bank were the masterminds behind it, the powerful US banks which came up with the underlying concept. Later on, over 25,000 financial institutions bought their shares in it, and the first product was launched, the Master Charge Cards, only used in the States at first. As years went by, the product got recognized by other worldwide countries, and since in the meantime the organization started launching different types of credit cards, it changed its legal name to MasterCard. The rebranded company issued the first MasterCard Debit card in 1979.

MasterCard Debit works just like any other card type, in collaboration with banks. In order to apply for one, you’d need to have an active bank account with any bank in the world. And that’s its strongest suit; the fact that basically every single bank in the world issues these debit cards. You may or may not know, but the difference between credit and debit cards is that, with credit cards, you can spend more than you have in your bank account and get in debt with the bank, while with debit cards, you can only spend as much as you have on your account, not more. That's the reason why credit cards have been banned across several gambling jurisdictions, to prevent problem gambling. One country after another follow suit in banning credit cards, in fact. And in such countries, the use of debit cards has become quite popular. Such a country is the UK, whose credit card gambling ban shocked many, and where research showed that debit cards became the most popular payment method right away.

That’s why, as an online casino player, you should consider using MasterCard Debit. It is offered globally, across more than 180 countries and territories around the world, and across the biggest online gambling markets. You can join any casino you like to join, and you’ll be able to play with it as it is accepted across the very best sites. So, continue reading to find out how to get started with it and use it across online casinos.

How to Start Using MasterCard Debit

how-to-start-using-mastercard-debitIf you've ever used a card issued by MasterCard or any other brand for that matter, you know what you'd need to do. Essentially, you know you need to physically visit a bank that is authorized to issue cards by the brand. Some banks today even allow for online registration, nevertheless, you'd still need to do the same thing. You'd need to fill out an application form where you’d need to enter your personal details. When asked about the type of card you wish to apply for, you’d need to choose a debit card.

Now, MasterCard offers different types of debit cards, Standard, World Debit MasterCard and Enhanced. These are cards suited for different types of users, so you'd need to do a little digging to see which one fits you most.

Considering you won't be using a line of credit, you won't need to attach your credit history records to the application, so by choosing the debit card type, you'll be done with the application process. In about a week or so, the bank will have your card ready. You can either have the bank send the card to you at your home address, or you can pay the bank a visit again to claim it yourself. You'll receive the card in a sealed envelope, and inside, you'll find the codes you need for authentication and of course, your PIN code. You need to store them in a safe place and keep them away from wandering eyes, to avoid inconveniences.

Depositing and Withdrawing with the Solution

The best thing about using any MasterCard product is that the brand is accepted across most, if not all, online casinos. Therefore, you can rest assured that you'll find MasterCard Debit available across the very best casinos. Meaning, you'd have a wide range of casinos to explore to find one that would suit you most and create an account with it.

The actual depositing process would be incredibly easy, and you’d only need to do the following:

  1. Go to the casino’s Cashier/Deposits/Banking section.
  2. Select MasterCard Debit as your deposit method.
  3. Enter the card’s number, cardholder’s name, expiry date and the CCV2 code.
  4. Specify how much you’d like to top your online casino balance with.
  5. Confirm the transaction and the funds will instantly arrive on your balance.

As far as cashouts go, you may find it surprising that many sites won’t accept MasterCard Debit for withdrawals. But some will, so before you choose a casino to join, make sure you double-check whether it is an option for cashouts. Provided you find one that does accept it, the withdrawing procedure will be similar to the depositing one with two differences: one, you’d need to specify how much you’d want to cash out, and two, the waiting times will be longer. This is due to the fact that the casino needs to check and approve the transaction and the money needs to be transferred to your bank account. So, overall, the waiting times can go anywhere from 5 to 7 working days.

Coverage and Restrictions

As introduced, MasterCard Debit is a payment method available and popular across over 180 countries and territories in the world. Most, if not all, banks are authorized to issue these cards, so all you need to do is visit your bank and found out more about it.

But, you should keep in mind that some countries have forbidden the use of debit cards or have simply chosen not to issue them at all. Therefore, even though highly unlikely, you’d need to check whether debit cards are an option in your country. If yes, then you can rest assured you’d be able to find a bank that issues MasterCard Debit cards.

Fees and Additional Charges

MasterCard Debit arrives with fees, we cannot neglect this fact or try to sugarcoat it. However, the fees would depend on several factors.

You would need to check with your bank first, as each bank has its own rules when it comes to charging fees. Then, you'd need to see which fees apply for the type of MasterCard Debit card you've chosen to use, as each of these arrives with different perks but different fees, too. And finally, you'd need to check with the casino you've chosen whether it charges additional fees for deposits and withdrawals with the solution.

Accepted Currencies

accepted-currenciesConsidering the debit card can be issued virtually anywhere across the globe, as a user, you’d be able to use your country’s currency as a default currency when using the card, without having to pay any currency conversion fees.

Virtually all currencies that exist across the world will be your options when transacting with this solution. Keep in mind, though, that if using a foreign currency, your transactions will be subject to a currency conversion fee. Nevertheless, it is good to know that mainstream currencies are your options, such as Canadian, Australian and US dollars, the euro, the Swiss franc, the UK pound sterling, and Indian rupees, to name a few.

Customer Support

Being a leading worldwide card brand, MasterCard offers an unrivalled Customer Support service. To start with, its official website is packed with information and links you could explore to find out every little detail about the cards offered. Secondly, it offers assistance to help you locate and connect with your bank or financial institution that issued your card, in case you have problems with your card. And thirdly, it offers the US phone line 1-800-627-8372 to get in touch with its team in case your card was stolen or lost, or you have been experiencing some other issues.

Of course, you can always go through its extensive FAQs section, to see whether your question is there and find the answer to it, and you can get in touch with the solution on social media, Instagram, Facebook, Twitter and YouTube.

Conclusion

If you're ever in search of a reliable debit card, you know you can rely on MasterCard Debit, as this is a card backed by one of the world's leading card brands, MasterCard. You can rest assured that you won't make a mistake choosing it as your payment method across online casinos, for many reasons. It is a method accepted across most, if not all, online casinos, for both deposits and withdrawals. It is accepted across the globe, in over 180 countries and territories, and it is available in many currencies. Sure, fees apply when using it, but these depend on your bank's policies, so you'd be able to find the most cost-efficient if you do your research.

FAQs

Will I be able to explore its website in other languages or English only?

As a matter of fact, on its official website, you will find the Country and Language selector tool, where you could choose your country and your own language! For instance, if you’re from Canada, you can even choose whether you’d want to use Canadian English or French! That’s how great this brand is!

Can I use my MasterCard Debit card to play at an online casino via my smartphone?

Sure thing! As long as you’ve joined a mobile-compatible online casino, you can take your card in your hands, request a deposit/withdrawal, and type in the necessary card details via your smartphone.

Will the online casino be able to offer assistance for using MasterCard Debit?

Sure! Any top online casino offers a Customer Support team trained to help you with anything, including assistance with MasterCard Debit. Just get in touch with the team, and if in their power, they will help you out with anything.

Are the fees for transacting with the debit card really big?

As said, the fees depend entirely on your bank, but the average is around 2%. Make sure you consult with your bank about any other fees involved, such as maintenance, additional card issuance, lost/stolen cards, etc.

Will I be able to check whether a casino offers the debit card for withdrawals without registering an account first?

Most top online casinos will transparently display the accepted deposit and withdrawal methods, so you’d need to look for a page Banking or Payment Methods to see whether the debit card is an option.

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Online casinos accepting MasterCard Debit as a payment method

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