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❓ What Is Mastercard?
MasterCard is one of the two major platforms for distributing credit and debit cards worldwide. It was formed in 1966 by a few banks in California and named the Interbank Card Association (ICA). With help from the New York’s Marine Midland Bank, which is known today as HSBC, United California Bank (which came to be known as First Interstate Bank), Bank of California (now known as Union Bank of California) and Crocker National Bank all went into an alliance with the Interbank Card Association to make “Master Charge: The Interbank Card.”
In 1968, the ICA and Eurocard joined forces, allowing the Eurocard to be used within the United States and the Master Charge: The Interbank Card to be used around Europe. When First National City Bank merged with them and added its own “Beginning and End Card” with Master Charge in 1969, it had a true facelift. As their first order of business, Interstate Bank converged with Wells Fargo, and they became perhaps the give out the MasterCard under the Wells Fargo name.
Around 1977, a brand called Access was believed to be a part of the Master Charge brand. Later it was acquired by the Master Charge brand and laid to rest. A few years later, in 1979, the name was changed from Master Charge: The Interbank Card to “MasterCard” in the year 1979. Much later, around the middle of 2016, MasterCard International was renamed MasterCard worldwide to reflect its new status as a world-class brand with the ability to take on more tasks.
💳 Types of Mastercard Cards
After picking out which casinos that accept MasterCard you would like to frequent for your betting, it becomes an absolute necessity to know what type of car you own and whether it is acceptable at any of New Zealand’s mobile casinos. Here are some types of MasterCard with their differences outlined:
Debit Cards
These are by far the most familiar type there is. That is mostly because they offer access to your own money.
Credit Cards
These are the types preferred by casinos and are fewer in circulation. It is simple. Before the card is issued, the issuing bank has to confirm that whatever it is lending, the customer has the resources to refund. Hence, it is not only a card but somewhat a show of social status since a casino uses it to establish their level of income. This gasses them up for an additional VIP membership, where applicable.
Prepaid Cards
These cards are in the customers’ best interest. They have an already established limit. That way, potential hackers and even the customers themselves cannot spend over the limit.
Prepaid Virtual Card
These cards are primarily for online shopping. They are an alternative to the regular cards for those who do not want their main card’s out there.
➕ Advantages of Mastercard Casino
You might be wondering if it is worth it to pick up a MasterCard instead of any other service. Also, you may question if it is right for your online gambling needs. Here are a few reasons why you should try it out:
Worldwide access. It has already been established that MasterCard is a payment method available everywhere in the world. That said, you can access payment globally. Being a staple in practically every nation in the world, every corner of the world is your mall or casino; if you do, please.
- Security – Keeping your personal and financial information private and discreet is crucial hence it takes priority. That’s why before most transactions, you undergo a verification process.
- Regular Cashback – With almost every transaction carried out using your MasterCard. You have a good chance of getting stipulated cash returns. Hence your spending earns you money.
- Speed – Transactions done via this medium are among the most swiftly resolved. The security verifications earlier discussed are put in place for your safety and might make things a bit slower. However, virtually other payment service providers may be unable to ensure the same level of security at the same speed.
➖ Disadvantages of Mastercard Casino
There is hardly anything that has pros that is devoid of cons. MasterCard has its disadvantages in the same fashion, but they are quite a few.
- Banking Policy – Although MasterCard and its affiliated organizations have no trouble sanctioning the transactions with casinos, some banks will go out of their way to limit the number of transactions possible or stop them altogether.
- MasterCard is not a bank – This is the cause of the other problems. MasterCard does not issue cards to customers. It only issues licenses for their distribution.
- Fees – Your bank may charge up to 15% for transactions.
💵 How to Deposit Money with Mastercard?
It would be best if you found a casino that you most prefer. It must possess things like desirable games, mobile accessibility and licensing information. When you do find one, you need to pay before you can play for real money in New Zealand casinos. This is one of the desirable aspects of using this particular service. You only have to enter your details to get started. It is quick and effective, so there is no hassle. All you need to do is follow the set of steps listed below, and you are good to go:
- Get a MasterCard from your bank to enable you to deposit your money.
- Register and apply for membership at any online casino where MasterCard is accepted.
- Go to the Banking Options and pick Visa as your preferred casino deposit method.
- Put in your card details (card number, CVV and OTP) to make your deposit.
- Exit the menu and head over to the home page to have fun.
💸 How to Withdraw Money With Mastercard?
After learning to make your deposit, you have now managed to learn the basics of a game by trying out the demo mode. Next, you have tried your luck, tested your skills and won some money. You want to take your funds home and splurge on someone or something you love. What if you are told you can’t withdraw through the same method you paid in?
We have mentioned that MasterCard is not a bank and is not in charge of such things. Their job is only to give licenses to institutions that then set their terms of engagement for customers. In addition to that, not every casino that accepts MasterCard as a payment method accepts it as a withdrawal method. Hence for ease, you should check for that before you upload money in the first place. When you go through the list and have confirmed that you can, here are what you do to withdraw from the casino:
- Locate the website’s withdrawal section.
- Click on MasterCard as the withdrawal method.
- Once again, enter the card details.
- Go through the verification process of all the parties involved. (Remember, it is for your safety.)
- Take home your money.
📱 Mobile Gambling With Mastercard
If you examine the trend of the modern world, you will notice that mobility is paramount. If a product or service cannot be carried around, they tend to be left behind. So, people are making things smaller. Even software that used to be for only desktop computers now fits on laptops. They have suitable versions that have been fashioned for mobile devices so that wherever a person is, they can always reach for their favourite things without stress.
For many people nowadays, there is virtually everything on smartphones and tablets so that they can be accessed everywhere. Also, quite similarly, people will want to make money through the mobile versions of online casinos. So, it is appreciated that virtually all Visa casinos have mobile versions. Software developers for online MasterCard casinos are actively seeking new ways for gamblers to access these online casinos on their phones anywhere.
One case in point is the headway being made in New Zealand. Developers constantly invent new ways to make MasterCard casino sites accessible, even on mobile browsers.
🎰 Types of Online Mastercard Casino Games
What kind of games do you like to play when online? Something as simple as your game choice is important. Check below for available games on gambling sites:
- Real Money Slots
- Poker
- Blackjack
- Roulette
- Baccarat
Mastercard Blackjack
Blackjack, also known as 21, is a very popular card game. The dealer shares two cards with you in each round in its classic variant and gets two for themselves. You win if your cards total twenty-one but manage not to exceed the 21 limits.
Mastercard Roulette
The roulette game, which gets its name from a French word that means small wheel, involves spinning a wheel with different numbers and colours with a ball in it. Players can choose a colour, a number or a number range, low (1-18) or high (19-36), and bet on them.
Mastercard Pokies
In real life, to play this game, you slot a coin into a machine. Next, you pull a handle and watch the items on the screen move. The biggest payouts come when you hit the jackpot. On the internet, your stake, click and wait for your turn to win.
💰 Mastercard Casino Bonuses
Would it not be amazing to get something special for doing something workaday? Many websites have developed a great marketing strategy to multiply the number of gamblers they can attract and keep by smothering them with irresistible bonuses and perks. So, while they fight to keep your patronage by awarding bonuses to those using MasterCard, you have the chance to gobble up as much as possible.
Here are some of the bonuses they make available to customers:
Welcome Bonus
It is about the most desired type of bonus. It is awarded to all those whose first time it is using an online casino. There are different prizes, depending on how you make your first deposit.
Deposit Bonus
The casinos multiply the first few deposits, especially those with MasterCard cards.
Free Spins
You have to play on MasterCard slots available to the top MasterCard casino operators for promotion to win. You also need to fulfill certain conditions, like reaching a certain deposit threshold using a MasterCard.
Reload Bonus
To get this bonus, you must prove that you are a loyal customer. Even after exhausting your deposit bonuses, you still have to keep depositing and playing. It is a sort of loyalty reward given to players by the casino.
High Roller Bonus
When you spend a lot of money at a casino, they extend this bonus to you. A way to say thank you for your patronage.
🧾 Mastercard Fees and Terms
It is up to the individual casinos to set a commission fee. That is why it is necessary to read the terms and conditions on the sites. When you make a decision in that regard, check to see if their rates, often up to 15%, are passable to you.
💲 Alternatives to Mastercard Payments in Casinos
Other than the fairly reliable means of payment that this article is about, there are a number of other options available for use. They are acceptable methods of payment in New Zealand. Otherwise, they would not have been added to the list below:
- Neteller
- Bitcoin
- PayPal
Neteller
Neteller is a popular e-wallet for New Zealanders. It can replenish your account and withdraw money in almost every currency worldwide. Creating an account and making a deposit through Neteller is easy, quick and convenient.
Bitcoin
Bitcoin is the most popular cryptocurrency exchange across the globe. It is not a surprise that it is acceptable as a significant payment on online casino websites. It is secured with blockchain technology that records every transaction so your money cannot vanish so long as you do not share your wallet information with a third party.
As an added advantage, you can gain access to your wallet even with your mobile devices.
PayPal
Payments with PayPal are the most common and the very first type of payment that appears in online gambling centers. PayPal has existed since 2002. It is a very reputable and safe payment method. So if Skrill is not suitable for you, you can use this deposit method.
📚 References
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
- ↑ Types of Cards: Credit, Debit & Prepaid | Offers & Benefits - https://www.mastercard.co.nz/en-nz/consumers/find-card-products/credit-cards.html
- ↑ paysafecard - discover how you can pay online in cash. | English - https://www.paysafecard.com/en/
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❗❓ FAQ
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Is Mastercard safe to use at online casinos?
Yes, it is safe to use MasterCard for online gambling payments.
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How long does it take to withdraw funds to a Mastercard account?
Withdrawing funds from the casino to your Mastercard account takes several days.
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Should I use a debit, credit or prepaid Mastercard?
You can use whichever is right for your online gambling needs.
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Are there any MasterCard banking fees?
Transactions with Mastercard in online casinos and vice versa are always free.
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Does Mastercard allow online gambling?
Yes. MasterCard accepts it.