With just over a billion users, Mastercard is among the top three payment processing corporations in the world, also boasting a large customer base in India.
In this Mastercard casinos review, we will analyse and recommend the best online casinos that accept Mastercard, discuss the pros and cons of this payment method, and explain how you can use it to make deposits and withdrawals at casino sites.
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Table of contents
The Best Online Casinos Accepting Mastercard
1.
Excellent sportsbook option
Multiple free demo games
2.
Excellent promotional offers
Extremely secure
3.
One-click registration available
Fast dispersal of winnings
4.
Good reputation
Generous promotional offers
5.
24/7 customer service
Excellent mobile app
6.
Customer-friendly UI
Secure app
7.
Excellent UI
Easy registration process
8.
Sports betting available
Casino games from top software providers
9.
Very secure
Decent UI
What Is Mastercard?
Founded in 1966, Mastercard is a US-based, global payment technology company, widely recognised for facilitating secure and convenient financial transactions.
Mastercard’s primary function is to connect consumers, businesses, and financial institutions, helping them make purchases, withdraw cash, and conduct various financial transactions conveniently.
It boasts an extensive network of affiliated merchants and banking partners, making it a trusted and popular choice for individuals and businesses alike.
Mastercard Prepaid Cards
As the name suggests, these prepaid cards are a type of debit card preloaded with a specific amount of money. What’s different is that getting your hands on one doesn’t require any bank account or credit checks.
They offer a flexible and convenient way to manage your finances online, as you can send and receive funds digitally. It is widely accepted globally, making it a convenient tool for budgeting, online transactions, and travel.
How Does the Mastercard Payment Process Work?
Here is how the payment process for Mastercard works.
- Step 1: First choose to make a purchase using Mastercard, either physically at a store or online.
- Step 2: The store or online site sends the payment request to your bank or payment processor.
- Step 3: The bank then checks the transaction for validity and available funds. If approved, the transaction proceeds.
- Step 4: The payment information is sent to Mastercard for processing.
- Step 5: Mastercard forwards the transaction to your bank.
- Step 6: The bank verifies the transaction’s authenticity and checks for available credit or funds.
- Step 7: If everything checks out, the issuer sends an approval message to Mastercard.
- Step 8: The store or online casino completes the transaction, and your payment is processed.
Note: Before you can make a payment using Mastercard, you must first complete the registration process with a bank.
How To Get Mastercard in India – Registration Guide
Below is a step-by-step guide to getting Mastercard in India.
- Step 1: Choose a bank that offers Mastercard services and suits your financial needs.
- Step 2: Open an account if you don’t already have one.
- Step 3: Go to your chosen bank’s nearest branch or visit their website for online applications.
- Step 4: Fill out the Mastercard application form provided by the bank.
- Step 5: Submit copies of required government-issued IDs (Aadhaar card, passport, etc.), proof of address (utility bill or rental agreement), and passport-sized photographs.
- Step 6: Depending on the type of Mastercard (debit credit), the bank may perform a credit check.
- Step 7: Once approved, your Mastercard will be issued, and you’ll receive it via mail or at the bank branch.
- Step 8: After you receive the card, activate it by following the bank’s instructions by using an ATM or online banking.
How To Make Deposits at Mastercard Online Casinos
Making deposits at online casinos accepting Mastercard is simple and quick:
- Step 1: Select an online casino that accepts Mastercard as a payment method and is licensed and reputable (check our recommendations above).
- Step 2: Log in to your casino account.
- Step 3: Go to the casino’s banking section and select “Top up account” or “Deposit.”
- Step 4: Choose “Mastercard” as your preferred deposit method from the list of available options.
- Step 5: Specify the amount you wish to deposit into your casino account.
- Step 6: Provide your Mastercard card number, expiration date, and the three-digit CVV code, along with other information like email and name.
- Step 7: Click the “Deposit” button to initiate the transaction.
How To Withdraw Funds From Top Mastercard Casinos
Withdrawing funds from Mastercard casinos is just as simple as depositing them. Below we list the steps you should follow:
- Step 1: Log in to your online casino account using your credentials.
- Step 2: Enter the banking section of your casino account.
- Step 3: Click on “Withdraw Funds” or “withdraw”.
- Step 4: Choose Mastercard as your preferred withdrawal method.
- Step 5: Specify the amount you wish to withdraw from your casino account. Also, provide your card number and account name.
- Step 6: Click the “Confirm” button to initiate the withdrawal process.
What Is the Average Timeframe for Mastercard Transactions?
The time taken to complete a transaction through Mastercard at online casinos depends on the casino, but it usually takes about three hours to make a deposit and around 48 hours for a withdrawal to be completed. This can depend on the casino chosen, your bank, and even verification necessities.
Alternatives to Mastercard Credit Card / Debit Card
In case you are looking for alternatives, we recommend you try out the following payment methods.
1. Visa
Since its foundation in 1958, Visa has grown into one of the most valuable companies in the world, with operations in over 200 countries.
Like Mastercard, Visa is also a global payment technology company renowned for its role in facilitating secure and convenient financial transactions. It is also widely accepted by online casinos across the world and in India due to its immense demand and convenience.
2. Bank Transfer
Bank transfer is another popular payment method used by casino players in India, as it offers a secure way of depositing and withdrawing funds.
Although it may not be the fastest method to transact funds, this very dependable option is still preferred by many because of the safety factor, especially for large transactions.
3. PayPal
Founded in 1998, PayPal has become a go-to choice for e-commerce payments, money transfers, and online casino transactions for users in India and worldwide.
You can link your bank accounts or credit cards to your PayPal account for seamless and safe online payments.
Many online casino players prefer this method because it is super convenient, and the transaction time is quicker than traditional payment options like bank transfers and Visa.
You should note that Indian users cannot use PayPal for personal use like sending money to friends. It can, however, be used to make a purchase from international vendors that accept PayPal — for instance, international online casinos.
Advantages of Using Mastercard at Online Casinos
There are several pros to using Mastercard at online casinos:
Widespread Acceptance:
Mastercard is widely accepted at most online casinos, making it a convenient and accessible payment method for players in India.
Security and Fraud Protection:
It employs robust security measures to protect your financial information, reducing the risk of fraud and ensuring safe transactions when gambling online.
Quick and Convenient Deposits:
Depositing funds into your online casino account with Mastercard is typically a quick and hassle-free process, allowing you to start playing your favourite games without delays.
Rewards and Benefits:
Customers using this payment method are, at times, offered cashback rewards for using their services and making transactions of a certain amount.
Are There Any Drawbacks to Using Mastercard at Online Casinos?
Despite being extremely secure and convenient, one disadvantage to using Mastercard casinos is that the transaction processing time is slower compared to e-wallets and UPI, and Mastercard could charge additional fees for each transaction.
Pros & Cons of Mastercard Casinos
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Mastercard Casinos Conclusion
Even though withdrawals take slightly longer to be processed, Mastercard casinos are still very popular due to their convenience and security. If you are interested in playing your favourite titles at Mastercard casinos, check out the recommendations we made in this article, create an account with them, deposit the minimum amount, and you’re ready to go!
As always, be sure to gamble responsibly!
Mastercard Casinos FAQs
1. Do online casinos accept Mastercard?
Yes, many low deposit sites like BetWinner, Paripesa, Melbet, and other online casinos mentioned in this article accept Mastercard. Some also accept prepaid Mastercard, but this is more rare to find.
2. Is it safe to gamble online using Mastercard?
3. Do all Indian online casinos accept Mastercard?
4. Are Mastercard casinos legal?
Absolutely! Indian laws currently do not restrict the operations of international online Mastercard casinos within the territory of India. So, local residents can play at international casinos accepting this payment option without any fear of legal repercussions.
5. What should I do if my Mastercard transaction is declined at an online casino?
In case of failed transactions, you should immediately contact your bank and the customer support team of the online casino to help resolve the issue.