People who play on live casinos want to be able to play as soon as they have made their deposit and luckily. MasterCard makes this possible. This form of payment is secure, and most live casinos will immediately accept a MasterCard deposit, allowing for immediate playing. What’s also great about this payment method is that MasterCard is so widely used every day, so many people already have one. Most players don’t need to go and set up a separate account for their financial transactions, it is all ready to go.
MasterCard was created in 1966, but operated under the name Interbank. This name was used to represent the card, which was the product of a number of different banks (these banks all joined together to form the Interbank Card Association – ICA). The card was popular due to the fact that it could be used at any of these banks. In 1969, the name of the company was changed to Master Charge, when First National City Bank joined the ICA, giving the card a boost. In 1979, the card (and the brand) were renamed MasterCard, which was then changed to MasterCard Worldwide in 2006. MasterCard has consistently been a competitor of Visa, as the two offer generally the same services.
Using your MasterCard to transfer funds to and from your live casino account is a simple process. To make a deposit, all you need to do is log into your account, and access the cashier. You can use either a debit card or a credit card for this. Simply fill in your card information and the amount of money you wish to deposit. You may need to register and verify your card if it is the first time using it in that live casino, but that doesn’t take too long. Once you have done that, your deposit should be instant (for most live casinos), and you can begin playing.
To withdraw money using your MasterCard debit or credit card, the process is just as simple. Just access the cashier, choose MasterCard as your withdrawal method and input the amount you wish to withdraw. This will usually take longer than deposits and can be up to 5 working days for some live casinos.
MasterCard is one of the safest transaction methods for live casinos. MasterCard is known for its innovation and is constantly providing new technology to help make online transactions safer and more secure. Currently, MasterCard users can benefit from the MasterCard Secure Code, which is a unique code that needs to be used for any purchase, as another layer of protection against theft. Live casino customers do not need to worry about using this type of payment method and can play on safe sites with no worries.
- It is accepted by most live casinos
- It is a very secure payment method
- Deposits are instant and usually free
- Withdrawals can often take a long time to clear (depending on the live casino)
- Some live casinos charge a withdrawal fee