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MasterCard Review

MasterCard Worldwide (MasterCard Incorporated) is the main competitor of the Visa payment system, occupying almost the same share in the electronic payments market. Today, this corporation unites more than 20,000 financial institutions in 210 countries.

Many people mistakenly believe this is a European company since its cards are mainly in euros. However, this is not the case. The corporation's head office is located in New York, and the main headquarters of the most important divisions are also in the USA.

MasterCard Worldwide (MasterCard Incorporated) is the main competitor of the Visa payment system, occupying almost the same share in the electronic payments market. Today, this corporation unites more...
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Best MasterCard Casinos 2024 in Canada

MasterCard Worldwide is a popular and ubiquitous payment system; without it, the modern financial world would be difficult to imagine. Millions (if not billions) of people worldwide use the company's plastic cards, making it much easier to pay for services and purchases. In the world, the share of payments using MasterCard plastic cards is 20% (the third place after Visa and China UnionPay). 

Below, you will find the list of reliable and popular internet casinos that offer you the ability to use MasterCard to make deposits and withdraw winnings.

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The company was founded in 1966. Its opening was connected with the agreement between large American banks, which established the Interbank Card Association.

Two years later, the company reached the international level and made agreements with Mexican Banko Nacional and the Eurocard system, which was popular in Europe. This is how mutually beneficial cooperation between Europay International and MasterCard International was established.

The current name was given to the company in 1979.

Today, MasterCard International is one of the most popular payment systems, and its popularity rises every day.

The company has gained leading positions in seven regions: North America, the Middle East, Europe, Africa, Asia-Pacific, the Caribbean, and Latin America.

MasterCard is the major trademark and the basis for many other members of the international payment system. It is Visa's main competitor, and Visa is fighting for leadership with it.

Today, the Corporation owns the following trademarks:

  • MasterCard - basic or core.
  • MasterCard Electronic - positioned as a “light” product for use in environments with significant risks (unreliable cardholders, primitive street outlets where fraud is possible, etc.).
  • Maestro - A debit card service linked to a bank account.
  • Mondex - This service is similar to an electronic wallet.
  • Cirrus - ATM network.

All processing centers and cardholders are united in one financial network. MasterCard is headquartered in the USA. The MasterCard payment system is considered more resistant to failures than its main competitor, as different instruments are used for transactions.

MasterCard is very popular in many countries worldwide. This is not surprising because its simplicity of use, security, and reliability have made this company so famous and beloved by numerous bank card users.

Reliability and security

Using MasterCard, you don't need to worry about the safety of your funds. The company has a reliable security system that protects customers' money and personal data.

The corporation is the second most popular in the world. Accordingly, a lot of attention is paid to reliability and security issues. The company's official website has a large section called “Global Privacy Policy.” In it, you can study detailed information on these issues.

Taking into account the complicated foreign political situation and the company's policy, MasterCard clients should be ready that personal information and confidential information can be transferred to third parties:

  • Security services of the bank that issued the card or other third parties (merchants, service providers, etc.);
  • U.S. headquarters employees or affiliated entities;
  • to law enforcement agencies in case the cardholder is suspected of fraud or other illegal activities.

The company's clients are well protected from fraudsters. All transactions are conducted through closed channels using encryption. If passwords and PINs are securely stored, it is difficult to hack into a bank account and its linked cards.

Customer service

If you experience problems using MasterCard services or have questions about them, you can contact customer support 24/7.

To receive a plastic MasterCard card today is possible practically in all states. Anyone wishing to become a holder of the corporation's product can apply to one of his country's banks with an application for the issue of plastic. Today, it is possible to do this without leaving home through the World Wide Web. A huge variety of cards allows you to make the best choice.

The currency of the account to which the card will be linked can be different and depends on the capabilities of the issuing bank, country, etc. Accounts in euros are very popular, as today they are considered the main currency of MasterCard settlement. Tariffs and limits for servicing plastic cards are very diverse, as they depend on many factors:

  • bank's appetite;
  • type of plastic card;
  • the state in which the holder resides;
  • other factors.

Clarify the information in the bank branch. Customers can order social, pension, salary, credit, and debit cards. Virtual cards, often used in electronic wallets (tied to the owner's account), are widespread. In recent years, multi-currency cards, which can be linked to accounts in different currencies, have become popular.

Credit cards differ from other kinds of payment cards, like debit cards. Their owners can use money that is the property of the bank. The card owner can use it when necessary, but he has to pay it back to the bank. In other words, the holders of MasterCard credit take a bank credit.

Credit limits are restored automatically, so the card owner has the right to restore the credit line after full or partial payment by the credit. So, the holder doesn't need to wait till the end of the payment period by credit to use the credit card again. It is possible to pay the minimum amount stated in the agreement and the credit line is available for the customer again. The rest of the debt is charged as a percentage by credit.

Aside from credit cards, MasterCard offers debit and prepaid cards to customers.

  1. Debit cards provide access to customers' accounts. This means the customer doesn't take any credits but uses his own funds when necessary.
  2. Prepaid cards are cards purchased by the customer with a certain amount of money. As soon as the funds run out, the customer can buy a new prepaid card.

MasterCard in casinos Popular?

If you want to use your plastic card to make a deposit at an online casino or withdraw the win, you should mind that many gambling websites do not pay out winnings via MasterCard. You will have to find another method to withdraw the wins. However, the deposits can be made without any problems.

How to Deposit in MasterCard Casinos Canada

To deposit money to your balance through MasterCard, register an account in the casino and sign in. Then, you should enter the cashier and find the company's logo. You will have to fill out the form with the following information:

  • An amount,
  • CVC2,
  • The card number,
  • The expiring date,
  • Your name.

Transactions are usually very fast.

How to Withdraw Funds from MasterCard Casinos?

Some casinos do not offer MasterCard as a method of withdrawing winnings. If your online casino does use it, it will be easy to get your money. The procedure is simple. Just follow the instructions.

  1. You must go to the cashier and select the company logo.
  2. Next, you should enter the withdrawal amount and card number.
  3. After that, the casino will start processing the player's request.
  4. Depending on the club, it can take a few hours to 1-3 days, sometimes delayed for 1-7 days (depending on the bank).

Withdrawal limits vary. Do not forget to read the terms and conditions carefully.

Frequently asked Questions

💵 What is MasterCard?

MasterCard is an international payment system, founded in the USA. Its credit cards and debit cards are accepted in over 200 countries.

💶 Is MasterCard offered at online casinos?

Many internet casinos accept payments from MasterCard cards, but not all gambling websites pay out winning using this system.

💰 Should I trust MasterCard?

MasterCard is one of the most reliable companies in the world.

Pros
  • A trustworthy company
  • Various services
  • A convenient payment system
Cons
  • Not available in some countries
  • Many casinos do not pay out winnings via MasterCard
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Info
Foundation date December 16, 1966
Website https://www.mastercard.com
Site languages English, Ukrainian, Русский, Français, Deutsch, Italiano, Español
Contacts
Post address Global Privacy Office, Mastercard International Incorporated, 2000 Purchase Street, Purchase, New York, 10577