There are so many reasons for this payment method to be one of the most popular in Canada, so it’s no surprise that MasterCard casinos are everywhere.
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With this payment method, the only thing that is left for you is to focus on your game and enjoy yourself, and the rest is already taken care of by MasterCard.
Read more to see all the benefits and if you are looking to deposit some money, we have a list of hand-picked casinos.
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If you don’t have a MasterCard debit or credit card, then you probably know many people around you who do.
Plus, MasterCard is one of the favourite choices of casino players in Canada. That is why we have decided not only to help you use their cards but also how to get the most out of them in the casinos.
Find out here everything you need to know about deposits and withdrawals, as well as which are the best MasterCard casinos in Canada.
MasterCard is a worldwide leading company that facilitates digital payment methods for merchants on behalf of financial institutions.
The company works with diverse institutions, primarily banks, that issue MasterCard payment cards on their behalf.
With its credit, debit, and prepaid card offerings, MasterCard has made it easy for people around the world to make payments seamlessly.
In the early days, the use of MasterCard payment cards was limited to the purchase of goods and services.
Since then, however, MasterCard has expanded its scope of application, now accommodating even online casino payments.
Remarkably, any credit card bearing the MasterCard logo processes all of its digital payments using the MasterCard network.
These are the best online casinos supporting MasterCard in Canada:
These are the best deposit bonuses you can get with a C$10 deposit in Canada. All casinos support MasterCard payments.
You can use these cards with the MasterCard logo anywhere.
In order to offer its services, MasterCard collaborates with various institutions, which issue cards to their customers.
They are all payment cards that have a Bank Identification Number (BIN), also known as an Issuer Identification Number (IIN).
A BIN is used to distinguish the process from the network.
This number is also used during the payment verification process to ensure that the cardholder’s account has sufficient funds before the transaction is authorized.
Please note that MasterCard also gives financial institutions the prerogative to personalize the card and write the terms and conditions applicable to the cardholder.
Trustworthy MasterCard has been a payment method for decades and is probably the most widely used payment system.
Other than the main applications, such as payment for products and services, major casinos have it on their list of payment methods.
Conducting payments in an online casino with MasterCard is easy and fast.
It employs industry-leading security features such as unique pin and tokenization.
As a result, this has made this payment option especially attractive to casino operators and players.
By now, most online casinos have MasterCard on their list of payment methods.
Depending on the casino, you can use it for both casino deposits with MasterCard and withdrawals, which increases its credibility.
Acquiring a MasterCard is not a problem.
You can get a MasterCard card for anyone who has reached legal age.
Locally-owned banks often offer MasterCard cards. Standard MasterCard users have two main options: debit card and credit card.
The MasterCard is only available to those with good credit for these two options.
If you prefer to pay in advance, the MasterCard debit card may be ideal.
Everyone with a bank account can generally get a MasterCard.
You can sum up the steps involved in getting a MasterCard as follows: submit an application, pay a small fee, and walk out with the card.
By working closely with financial institutions, MasterCard ensures that users’ accounts and payments are in safe hands.
They also use a number of security features that play a crucial role in curbing theft and fraud.
Acclaimed security features include chip technology, contactless security, SafeCode, and tokenization.
To top it off, it also adds an additional layer of security through the zero liability policy, which protects the customer from liability for any loss as long as the card data is kept secure.
Cardholders can always contact MasterCard Global Service, a 24-hour customer service hotline, with any concerns they may have.
Beyond a shadow of a doubt, MasterCard has redefined the way businesses transact with customers.
Not only is it being used for routine purchases, but it is also fast becoming the preferred payment method for online casino players.
However, despite the fact that MasterCard offers an impressive array of benefits, certain areas or things might not be so great about MasterCard.
Pros
Cons
MasterCard’s history dates back to 1966, when the Interbank Card Association (ICA) was formed in California.
As a result, they came up with the “product”, “Master Charge: The Interbank Card”, to facilitate payments between different banks through partnerships with other banks.
By 1968, the ICA expanded into European markets after forming a commercial alliance with Eurocard.
After a couple of years, “Master Charge: The Interbank Card” was renamed MasterCard.
As part of its strategy to consolidate its position in the industry, MasterCard acquired a competing card service known as Access in 1977, only to withdraw it later.
Throughout the world, MasterCard has expanded its operations, such as the introduction of a mobile wallet feature on iPhone models.
MasterCard and Visa are competing payment processors. While both enjoy a global appeal, each payment processor has its unique network. This means that MasterCard cards cannot be used on Visa’s network and vice versa. Therefore, it is always advisable to have both cards as a means to access your accounts.
Having a MasterCard on your wallet comes with unsurpassed benefits when making payments. You can use your card almost globally, provided they accept MasterCard as a payment method. This payment processor also caters to a range of online transactions, including casino deposits and withdrawals.
Yes. MasterCard employs advanced security features that make it almost impossible for fraudsters to steal from you. As long as card details are not shared with the wrong persons, money is safe. In the case of online purchases, cardholders are advised to stay away from websites without the SSL-encryption.
A MasterCard can serve as both a credit and debit card. This means that MasterCard is essentially a payment network that only serves to process payments online. So the bank or the issuer decides whether the MasterCard serves as a credit card or a debit card.
Financial institutions that issue MasterCard will hold users responsible for “unauthorized transactions”. As much as MasterCard offers a Zero Liability policy for purchases and payments as a safeguard against online fraud, users are advised to desist from sharing card details. Moreover, the 3D Secure payment system further protects against unauthorized card use.
Lukas
Head of contentLukas is one of the leading authors at Casinoble. He entered the casino world through his passion for online poker. Lukas is also a dedicated sports betting fan. At Casinoble, Lukas usually writes about Live Dealer Games, Sportsbetting and Betting Strategies.
