When opening a new business, the types of transactions you will have available can make or break it. Online casinos need a fast, secure and easy way to make payments to keep their players happy and returning. Payment options are important to Canadian gamblers as well because the faster and more secure the cashout is, the calmer they’ll feel about placing funds in said site.
So where does MasterCard fit in all of this?
About Mastercard Slot Sites
MasterCard is a very diverse method of payment. Nowadays, our credit cards can be swiped or read on almost any device, or we can just type the number on the back in a box to get what we want. MasterCard casinos in Canada are booming as it’s a relatively fast, very secure, and fairly easy to use payment method.
While gambling with a card, your personal information is also needed for verification and avoiding theft. MasterCard nowadays is the most popular method for depositing and withdrawing in Canadian gambling sites. Online casinos accept MasterCard, just because gamblers trust it. It has proven to be the safest way and the one that most protects your personal information.
BEST MASTERCARD SLOTS
When it comes to picking out a casino game to play, you can easily be blinded by the bright lights and flashing prizes on MasterCard casino sites. When making a deposit in these casino sites, you can play free casino games with the wagered deposit. So, picking the best casino games in casinos that accept MasterCard may not be very simple. Some of the best slots that accept MasterCard are:
Whichever gambling site you choose to play in, MasterCard payments are guaranteed to bring you maximum entertainment.
HISTORY OF MASTERCARD
MasterCard is an American multinational finance company with users all around the globe. It’s ranked second in the world, just behind Visa. It uses a global payment network to facilitate transactions between a holder and a merchant, and their financial institutions. It’s basically a network connecting buyers and sellers using the bank as a facilitator.
Any type of MasterCard issued can be used for payment; debit, credit, even prepaid cards. Said cards are issued by the financial institution you’re a member of. The card works in a so-called “open loop” meaning it can be used in any place they accept it at.
WHY USE MASTERCARD AT CA SLOT SITES?
There’s a reason Canadian gamblers have chosen MasterCard as their preferred method of payment.
No extra fees- using it doesn’t require any additional fees to be paid to the MasterCard casino. However, keep in mind what currency you are working with, as there might be translation charges.
No need to wait to play- transactions made with MasterCard are instant, especially the deposits. All this being very fast, means you don’t have to wait long for your deposit to clear and start playing in your favourite online casino as soon as you get the confirmation.
No need for re-entering information- once all the documents have been stored in the online casino database they are remembered and you’ll never have to type the long number from the back of the card again.
ONLINE CASINO DEPOSITS AND WITHDRAWALS WITH MASTERCARD
Making deposits and withdrawals at MasterCard casinos is fairly easy and safe. Once your MasterCard account is set up, the most important information when making any transaction is the card number, and the CVV code on the back of the card.
MASTERCARD CASINO DEPOSITS
You’ve picked out a casino that accepts MasterCard and now you want to play. How can you make an online casino deposit?
Step 1. Find the right game you want to play
Step 2. On the cashier page, choose MasterCard as your preferred method of payment
Step 3. Enter your MasterCard details, finish putting in your personal details, your address included
Step 4. Pick out the number of funds you’d like to deposit to play
Make sure you read the Terms and Conditions of the MasterCard online casino to know what personal information you need to put in. Although this might make gamblers skeptical, nobody but the casino staff processing your transaction has access to your personal information. It’s strictly protected, usually by double software encryption.
CASHING OUT WINNINGS AT MASTERCARD CASINOS
Every player hopes to make an earning while gambling. For the ones lucky enough to hit a winning in a MasterCard online casino, the withdrawal process is as simple as a deposit. In fact, it’s the just opposite process of depositing.
Step 1: On the cashier page, choose “making a withdrawal”
Step 2: Pick MasterCard as your method of payment
Step 3: Your banking details have already been put in so you don’t have to reenter them
Step 4: Put in the amount of winnings you chose to withdraw
Step 5: Wait until the money hits your account.
The process of withdrawal is slightly longer than the depositing one. This depends on the speed of your facilitator, aka your bank. The withdrawal time might vary from 3 to 7 business days.
SETTING UP A MASTERCARD ACCOUNT
Depending on whether the card is debit, credit, prepaid, or even a gift card you need to activate it to use it. When it comes to credit and debit cards, the bank usually activates them while setting up your bank account so it’s available to use once leaving.
However, there is an option of activating your own card, whenever you deem it necessary, even if the bank has designated it to you.
You can activate the card by phone, therefore, making it available for general use.
- Call the number on the back of your card
- Request to activate the card
- Provide your MasterCard information (transaction number, key on the back)
- Provide personal information, just to verify the identity of its true holder
FEES FOR ONLINE GAMBLING AT MASTERCARD ONLINE CASINOS IN CANADA
Online gambling is still a bit contradictory in Canada. There are no federal laws that prevent playing, however, there are issues in payment methods as some banks might not process deposits and withdrawals.
Some banks that will process everything and you can trust to gamble safely are Scotiabank, Bank of Montreal, Canadian Imperial Bank of Commerce, Toronto Dominion, and Royal Bank of Canada. This comes into play when gambling with debit and credit cards facilitated by a bank.
Prepaid cards are a whole other story, as they are not attached to a facilitator. However, using a prepaid card pulls additional fees to the said card for the casino. This depends on the amount of funds you choose to deposit, and decreases with the value increasing.
MASTERCARD SAFETY AND SECURITY AT CASINOS IN CANADA
Being on the market for over 60 years, banking methods of payment have earned Canadians’ trust. Using it in MasterCard online casinos isn’t any different. Why is this payment method so popular in online casinos?
- MasterCard offers fraud detection
- Zero liability feature
- Double encryption technology
All of these ensure maximum security for the players’ funds as well as personal information. In any case of fraud or theft, the company and the bank will comply and help you.
MasterCard offers fraud detection- The company uses special software like VocaLink to analyze and prevent inconsistent card usage as well as an Anti Money Laundering system.
Zero liability feature- MasterCard won’t hold you responsible when it comes to unauthorized payment, so rest easy knowing every transaction goes through you only.
Double encryption technology- You are aware that besides the banking information, personal information such as ID, picture, proof of previous payment, etc. might be needed to make a transaction into a MasterCard casino.
MOBILE MASTERCARD SLOT SITES
MasterCard online casinos are becoming more and more popular. Amongst some of the most highly rated gambling sites, firstly there’s Jackpot City. This MasterCard casino offers over 500 free casino games and an attractive welcome bonus for newcomers.
Second is Betway casino. It has the highest welcoming bonus, a vast array of games, and a fantastic mobile experience. Even though the no deposit bonus policy is dictated by the casino, MasterCard holders are more than eligible to claim it.
NEW MASTERCARD CASINOS IN 2023
With the industry on the rise, new Canadian online slots sites are coming out every year. Debit cards as a method of payment for deposits and withdrawals are available in every one of them. Deposits are instant, however, the cashout time might vary on the online casino policy. As one of the most trustworthy methods, and a standard for so many gamblers, it’s offered in every one of these casino sites.
Among the best MasterCard casino sites is Conquestador which is a new release in the Canadian online casino industry. Offering great bonuses, fast payout as well as a vast casino game library, it’s a great new option for MasterCard gambling.
Wheelz Casino is also not far behind with welcome bonuses and other prizes, slots, and live video games available.
MASTERCARD SLOTS BONUSES
Bonuses are what keeps the gamblers excited and visiting the site. They’re also a great way to attract new players to the site. Most newcomers are greeted with a welcome bonus as a sign of gratitude for choosing their online casinos that accept MasterCard.
Casinos that accept MasterCard are no different. However, they might offer some special bonuses to players that use debit cards.
WELCOME BONUSES – Welcome bonus offers are a great way to greet a new player to the site. Most online casinos that accept MasterCard offer a multiplication of the deposit by a certain percent, and maybe free spins to use on some games.
FREE SPINS – Unfortunately, there aren’t any free spins available in casinos special to MasterCard users in online casinos.
NO DEPOSIT BONUSES – No deposit bonuses are available in a range of online casinos in Canada. Check out our growing list of sites to find the perfect offer for you!
CASHBACK BONUSES – Cashback bonus offers can be a bit harder to find. Check out loyalty programs of your favourite online casinos at The Slot Buzz and you will be sure to find one to use Mastercard with.
Taking into consideration that MasterCard, is maybe the safest, most versatile, and widely accepted payment method, the no-special treatment when it comes to prizes should not be a determining factor.
OTHER PAYMENT METHODS FOR FAST DEPOSITS
If a MasterCard payment isn’t for you, don’t be alarmed. There are much more payment methods for avid Canadian players. Some similar ones include:
VISA – some sites that accept Visa are Jackpot City, Spin, Ruby Fortune amongst the highest rated ones.
INTERAC – Interac deposits are accepted in a range of Canadian casinos including LeoVegas, CasinoLab, Royal Panda, etc.
CITADEL – If you are looking for casinos that accept Citadel, then check out Jackpot City, Royal Vegas, Spin Casino, 888, just to name a few.
Most online casinos accept a vast array of payment options. Make sure you do your research before signing up for any of them. Whatever your chosen payment method may be, enjoy playing and gambling responsibly!
FREQUENTLY ASKED QUESTIONS
Does MasterCard allow its services to be used in online casinos?
Yes, MasterCard permits their card’s usage for gambling.
Is there an additional fee when gambling with MasterCard?
Unlike interest calculated on other transactions, online sites won’t charge you any additional fees, unless you use a prepaid card.
Why won’t my card make a deposit?
The casino might have a problem with processing the transaction, you might have entered something incorrectly, or the bank you’re using may not support online gambling.