MasterCard

MasterCard Incorporated is an international financial services corporation with its headquarters in New York. The headquarters for its global operations is in a suburb in Missouri. MasterCard is chiefly involved with processing payments between the banks of consumers who use its branded credit/debit cards and the banks of providers of goods and services, including NetEnt casinos. Ever since 2006, MasterCard has been a publicly traded company. Just before its IPO, it was a cooperative belonging to over 25,000 financial institutions issuing MasterCard branded credit/debit cards.

Originally called Master Charge or Interbank, MasterCard is the creation of a group of banks in California. It was launched to provide competition to the Bank of America’s BankAmericard, which later turned into Visa Inc.’s Visa credit card.

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What is MasterCard?

The MasterCard credit card can be used to purchase products and services at land-based as well as online stores, including NetEnt casinos. It is accepted as a payment method in over 210 countries all over the world and by over 25 million companies. MasterCard cards can also be used to withdraw funds from ATMs and banks all over the world.

Your MasterCard is associated with your bank account, a fact that guarantees that the amount you deposit in your NetEnt casino account is safely credited. Even if you do not have money in your bank account, you can use MasterCard to purchase products and services because banks or credit card companies issue credit. However, this is a loan that you will have to return with interest as soon as you load money in your bank account. Usually, you will be given 30 days to do this although some banks and credit card companies give you a longer time and allow you to pay back in bite-sized installments.

The amount you receive as credit, however, depends on a number of factors such as your monthly income and the results of the credit check the bank conducts when you apply for a MasterCard credit card.

MasterCard credit cards are available at all noted banks. But some large chain stores and retailers have partnered with MasterCard and received a license to issue MasterCard credit/debit cards. Some electronic payment processing companies as well as prepaid card services are also authorized to issue MasterCard credit cards in the physical or virtual form.

How to Make a Deposit Using MasterCard at NetEnt Online Casinos

You can make a deposit at any NetEnt online casino that offers MasterCard as a payment option. You have to visit the casino’s banking page, select credit cards, and choose MasterCard as your preferred banking options. The system will then prompt you to enter card details such as card number, CVC number, name of card holder, card expiry date, and the amount you would like to deposit. You then have to confirm the transactions. The funds are instantly credited to your NetEnt online casino account.

How to Make a Withdrawal Using MasterCard at NetEnt Online Casinos

Winnings can be withdrawn from NetEnt casinos using the same method. Players have to select MasterCard as their withdrawal option, enter their card details, and confirm the transaction. They will have to wait up to five days to see their winnings in their accounts.

Unfortunately, not all casinos offer MasterCard as a withdrawal method because of MasterCard’s policies. Players can use MasterCard to load their account, but in order to withdraw, they have to select alternative methods such as eWallets or bank transfers. Casinos may also charge players for using MasterCard as a withdrawal method.

Fees

MasterCard deposits are not charged at some NetEnt casinos, but some casinos may charge fees depending on deposit size. Usually, this fee is 2 - 3 percent of the amount deposited. MasterCard deposit limits also vary from one NetEnt casino to the other.

Although all NetEnt casinos offer MasterCard as a deposit option, very few offer it as a withdrawal option too. Some of these casinos charge fees for MasterCard withdrawals although the amount charged varies from one NetEnt casino to the other. Certain NetEnt casinos do not charge the first few withdrawals per month and charge all the extra ones only.

Players at NetEnt casinos should also be aware that banks and credit card issuing companies may also charge transaction fees. The fees, however, vary from one bank to the other and depend on a number of complex factors.

Pros of Using MasterCard

• Fast and easy - Using MasterCard is fast, convenient, instant, and easy.
• Funds available on credit - You don’t need to have money in your bank account to use MasterCard as banks and credit card companies issue credit depending on your income and credit score.
• Earn rewards - You can earn points that can be redeemed in several ways if you use MasterCard for shopping.
• Get discounts - You can grab products and services at discounted rates if you use MasterCard.

Cons of Using MasterCard

• Card details have to be revealed - Many online casino players prefer using anonymous banking methods such as Bitcoin, PayPal, PaySafeCard, and others because they are not comfortable about revealing sensitive card details at online casinos.
• Play on credit - Playing on loan money is actually dangerous. If you don’t have any control over your casino spending, you will end up having to pay huge credit card debts.
• Deposit method only - In most casinos, MasterCard cannot be used as a withdrawal method. You can only use it to load your account. In order to withdraw winnings, you have to select alternative methods such as eWallets, prepaid cards, eVouchers, and others.

NetEnt Casinos Accepting Payments through MasterCard

Finding NetEnt online casinos that offer MasterCard is not at all difficult because MasterCard is one of the most popular of casino banking methods. MasterCard is associated with only the top casinos in the industry. One can rest assured that MasterCard NetEnt casinos are safe and secure.

Karamba, Casino Luck, Next Casino, and Vera&John Casino are some of the NetEnt casinos that offer MasterCard.