Mastercard is one of the best-known and most reliable payment methods globally. The company provides services to consumers and businesses in over 210 countries.
It was established in 1966, when four financial institutions – Wells Fargo, The United California Bank, Crocker National Bank and The Bank of California – joined forces to set up the Interbank Card Association (ICA).
Overview
Mastercard is one of the most preferred payment methods among gamblers, as many already use it on a daily basis. For casino players who prefer to play on the go, Mastercard is an excellent choice because the firm offers online payment solutions. Moreover, the company’s advanced internal system allows it to identify your mobile device as yours, so that others cannot make purchases with it. This is extremely convenient and gives Mastercard users peace of mind.
Throughout the years, the company has employed high-quality technologies and expertise, which have contributed to the development of its internal system and services. Mastercard’s first priority is to make online payments as safe as possible. This is particularly important for casino players worldwide, as one of their biggest concerns is the safety of the payment method they use. Players can rest assured that they won’t be held responsible for any unauthorised purchases, as the company has a Zero Liability policy. Mastercard’s advanced internal system will monitor, detect and eliminate any suspicious activity on its users’ accounts.
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Mastercard Security
For people who gamble on a regular basis, it is of great importance to ensure the payment method they choose is reliable and secure. Mastercard undoubtedly meets these requirements, having proven itself to be one of the most trustworthy payment methods for gambling. Over the years it has greatly improved its control and security, which makes it ideal for every gambler. Players understand the importance of having a reliable payment method, as on some days they may make transactions involving significant amounts of money, which certainly require extensive security and verification.
Interchange Fees & Currencies
Mastercard imposes what are known as interchange fees. An interchange fee is a small charge paid by a retailer’s bank to a cardholder’s bank, intended to compensate the issuer for the value and benefits retailers receive when electronic payments are made. This gives the bank the opportunity to easily arrange electronic payments and deliver high value to all stakeholders. Consumers can greatly benefit from these electronic payments. With Mastercard, it is very convenient, easy and secure to pay online. Moreover, the company supports a large number of currencies, including GBP, CZK, EUR, NOK, RUB and many others.
Mobile Payments & Masterpass
Mastercard has undoubtedly proven to be one of the most reliable payment methods on the online market. It is incredibly secure and efficient, and is the first choice for many people. As already mentioned, it provides numerous advantages, one of which is the ability to make payments online using any mobile device. This is perhaps its greatest asset, as it gives customers the opportunity to choose how and when they want to arrange the payment. There are currently mobile solutions for both Android and Apple devices. Paying via a mobile device is just as reliable and efficient as paying in a shop, as Mastercard has thoroughly secured digital payments.
Mastercard also offers Masterpass, a trusted digital wallet that facilitates online purchases. Customers can shop online without concern, as it offers multi-tiered security and is protected by the Mastercard global payment network.
When using Mastercard, customers can deposit funds but cannot withdraw them; to do so, they must select another payment method. At present, this is arguably the card’s biggest drawback.
Support
Mastercard offers its customers efficient assistance day and night. The customer support team will readily help with any urgent matters in a timely manner. The service is available in all languages, enabling people from around the world to receive the help they need. This is great news for players, as it is essential to be able to contact a company representative at any time should any problems occur while arranging a payment.
Conclusion
Mastercard is one of the most popular and reliable online methods for arranging payments. It offers its customers the necessary security and convenience. Used by people worldwide and available in every language, it provides a number of advantages from which its customers can benefit.
Contact details
Website: www.mastercard.co.uk
Telephone Number: 0800-96-4767 for residents in the UK; 001-636-722-7111 for the rest of the world
Registered Office: 10 Upper Bank Street, Canary Wharf, London, United Kingdom E14 5NP
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Having a good MasterCard is a great convenience, especially for online gambling, because my card is accepted by every casino I’ve played at. It is probably one of safest methods for depositing, as well. I have tried several prepaid cards and they were problematic, to say the least. The casinos also never charge the deposits with my MasterCard, although the card issuer has some pretty high fees. There was an incidence when they asked me to pay £25 for a processing fee, which was ridiculous, as the sum I deposited was only £150. I had to call the support team and eventually, the problem was solved, but it was quite frustrating at the moment. Still, it’s much more important that my deposits are instant and that I can rely on my MasterCard. So far, there haven’t been any other serious issues, so I’ll keep using my card for playing in online casinos.
I always use MasterCard when making deposits into online casinos and I’m perfectly satisfied because, for me, it is extremely convenient. Besides, there are no fees and I can deposit larger amounts of money for free. And the funds are in my casino balance almost immediately. I can’t use my card for withdrawals, but it’s fine, I have an e-wallet for that. It is linked with my MasterCard, which is even better. But there is another reason why I always deposit with my card – with it, I receive all kinds of bonuses. Usually, you won’t be eligible for the casino’s welcome bonus if you deposit with a prepaid card or a digital wallet, for instance.
My MasterCard credit card was issued by my bank and not by a retailer or some other financial institution. That’s why my annual fee is small and the card has never been rejected, as it’s virtually universal. I use it regularly for shopping, paying utility bills, and plenty of other stuff. However, I also don’t get points, which is really disappointing. When it comes to online gambling, MasterCard is just as convenient in some cases, as it is almost useless in others. You can make deposits with it, but withdrawals aren’t transferred because of the company’s strict policy against gambling. I would recommend it to anyone who looks for a fast, safe and reliable method for depositing in casinos. There are usually no processing fees and some casinos have even offered me various bonuses for making deposits with MasterCard.
I have been using MasterCard for many years for one major reason – that their branded cards are accepted almost anywhere, including in online casinos. The deposits from my credit card appear almost immediately in my casino balance, which is great. However, the fact that I cannot withdraw my winnings to it is really frustrating because I always need to register at least one more payment method when I open an account at a gambling site. It is extremely inconvenient, so recently I started using another card (I will not mention its name here) when playing for real money online. I’m much more satisfied because most casinos process withdrawals to it.