Mastercard doesn’t really need much of an introduction. It’s one of the most recognised and trusted payment methods of all and is used across the world. However, following recent changes imposed by the Gambling Commission, the Mastercard credit card can no longer be used at any online casino. This is because of concerns about financial harm. But happily, these regulatory changes don’t apply to debit cards.
How Does the Mastercard Debit Card Work?
It can be used to deposit and withdraw just as you would with a credit card. The only difference is that there’s no line of credit – instead, your funds are transferred from your actual bank account. As we’ll discuss a bit later, this offers a few advantages, especially when it comes to sensible bankroll management.
How Do I Make a Deposit with Mastercard?
As with casino payment options such as VISA, in order to use Mastercard Debit to make a deposit, you’ll obviously need to register at an online casino first. Once you’ve signed up and verified your personal details, visit the cashier section. You should be presented with a variety of deposit options. Most top online casinos that accept Mastercard will include a variety of additional payment methods such as Neteller, Trustly, and Skrill. Find the Mastercard debit card option and click on it. It’s then a case of choosing how much you’d like to deposit. Enter and then confirm the amount. The process is usually very quick – with any luck, you should be ready to use your real money to play casino games within minutes.
Mastercard Casino Withdrawals
Many online casinos accept Mastercard debit card withdrawals as well. Assuming you’ve registered and verified your details, navigate to the cashier section and choose the payment method and amount you’d like to withdraw. But keep in mind that the process will likely take a couple of days. Unlike deposits, Mastercard withdrawals are pretty slow.
Is Mastercard Safe to Use?
It goes without saying that using Mastercard is safe. As with any payment method, there is of course a certain element of risk when transferring funds online. This also applies to players making deposits and withdrawals at online casinos. But thanks to SSL encryption technology and the robust anti-fraud framework employed by Mastercard, consumer protection has never been better.
As mentioned, the use of credit cards to make a casino deposit is no longer an option for any UK online casino. The ban was imposed, largely because of the ease with which players could rack up debt – something that’s not possible with debit cards given that all have maximum limits. This also serves as an extra security measure. In the unhappy event that your Mastercard was stolen, the thief would only have access to limited funds.
Which Mastercard Online Casinos are Safe?
Safe Mastercard casino websites are those that adhere to respected regulatory authorities and which deploy robust security measures to protect players.
Mastercard Casinos with SSL
Thus, when searching for safe Mastercard casinos you should make sure that the online casino is secured by SSL encryption. You can do this by checking the browser address bar which should display a padlock next and the prefix ‘https’. All of the best Mastercard casinos will include this essential security layer. Don’t even think about making a Mastercard casino deposit at a website that’s failed to deploy SSL. Any data that you transmit will be unsecure and vulnerable to bad actors.
Licensed Mastercard Casinos
Once you’ve found a Mastercard casino that’s been secured with encryption (it really shouldn’t be that difficult), scroll down to the bottom of the page to see if it’s licensed. If you’re looking to play gambling games in the UK, the operator should be licensed by the UK Gambling Commission. Information about this will be included in the footer. There are other regulatory bodies that govern online casino sites based outside the UK. These include the Malta Gaming Authority and Gibraltar Gambling Commission. A site that’s governed by these bodies will also provide information on its home page.
Do Online Casinos Apply Fees to Mastercard?
Unlike credit cards, deposits made using a Mastercard debit card are not usually subject to any processing fees. Unfortunately this isn’t the case with Mastercard withdrawals. A fee of at least 2% is often applied. Therefore, it’s always worth checking the small print before deciding which casino payment options to use.
Online Casinos that Accept Mastercard
Many of the best online casinos will accept Mastercard Debit as a payment option – with that said, coverage isn’t quite as extensive as other banking options such as VISA. Nonetheless, we’ve put together a list of some top casino operators that accept it as a deposit option. See above for links to these leading casinos. All are licensed and completely above-board.
Using Mastercard – Pros and Cons
Here are some of the main pros and cons of using Mastercard as a deposit option.
- Trusted, Highly-Respected Payment Option
- Safe and Secure
- Quick Deposits
- For Most Casinos Mastercard is an Accepted Payment Option
- Easy to Make a Deposit (Once Registered)
- Robust Security and Fraud Protection
- No Fees Attached to Deposits
- Fees May Apply to Mastercard Withdrawals
- Casino Mastercard Deposits Not Anonymous
- Submission of Personal and Financial Information Required by all Mastercard Casinos
- Not Ideal for Mobile Gaming
- Some Online Casinos Do Not Allow Mastercard Withdrawals
Final Thoughts on Mastercard
Well, if you’re in the UK, the Mastercard credit card option is no longer available thanks to the Gambling Commission. As it stands, these laws don’t yet extend to other parts of the world although this could change at some point in the future. With that being said, it’s still perfectly possible to use the debit card option at many online casinos. And as far as we’re concerned, this is one of the best options for players looking to make safe deposits without racking up considerable debt. So if you’re not comfortable in using specialist online transaction services (we can’t really think why), debit cards are probably the way to go.