MasterCard Incorporated, or MasterCard Worldwide, is an American multinational financial services corporation, currently headquartered in the city of Purchase, New York. Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers who use the MasterCard brand debit and credit cards to make purchases.
Bingo Sites That Accept Mastercard/Maestro
MasterCard credit and debit cards are one of the easiest methods of depositing funds in to your online gaming account, provided you have the funds necessary within your bank account or on your credit card to cover the amount you wish to deposit. Payments by credit or debit card are instant, making them ultimately a convenient way of funding your account. More than 25,000 financial institutions around the world issue the company’s branded cards to users, and consequently, they’re still one of the most used methods of funding your bingo account.
How to Use MasterCard
MasterCard credit and debit cards are easy to use for any method of purchasing or account funding online. If you’re fully aware of the amount of funds or credit you have available, then you simply need to go to the cashier page and select card payment as your preferred method. Selecting MasterCard from the menu will allow you to then enter your card details, which includes the 16-digit number on the front, the CVC code from the back strip, the expiry date and the name that the card is issued to. Sometimes, you may also be asked for the valid from date. Then, add the amount you wish to deposit into your online bingo account and proceed on. The funds should be instantly added to your account so that you can begin playing.
Withdrawals to MasterCard are usually never offered, so anyone making a deposit by this method will need to use a bank transfer to withdraw their winnings. This, unfortunately, is not as swift and effective as a card deposit, but for those not interested in waiting for the funds to be transferred, some big name online platforms, such as Ladbrokes or William Hill, do have their own land-based establishments, and withdrawals can be made from these locations in cash.
Fees and Time Frames
Making deposits via MasterCard shouldn’t have any extra fees in general, although it’s always better to check with the financial institution that provided you with the card in the first place. As mentioned, MasterCard as a company is not the one to set rates and charges, they just supply the branded cards to the bank, which is why it’s always better to check for additional charges for different types of transactions.
Furthermore, as mentioned previously, making a deposit with a MasterCard is an instant transfer of your funds. That being the case, you should be able to proceed with the aforementioned method of depositing the money and the funds should appear in your bingo account right away. This makes it a fast and effective way of being able to get right down to playing your favourite games in an instant.
The main restriction with depositing via MasterCard is that withdrawals via the same method are almost universally not offered across bingo sites. As mentioned before, a bank transfer or cash withdrawal in a land-based establishment of the bingo company will have to be utilised instead. Bank transfers can be long and tedious to wait for, so a cash withdrawal may be more effective from a store. However, these are only available from the bigger and more well-known gaming companies, like the aforementioned William Hill or Coral.
Other restrictions when it comes to using MasterCard is the threat of fraud. Like the other big name brand in this area, Visa, the company has frequently been targeted by hackers, which has forced some people to stop using their cards to purchase items online. All websites should now send card information via a secure server and in encrypted format, which are the main forms of halting hackers from being able to access your personal details. However, this can never be guaranteed 100%, which is why there are several other forms of making a deposit into your account available now.
MasterCard, as a company, has been in operation since December 1966, originally known as Master Charge, then The Interbank Card, followed by the change to its current name in December of 1979. The card was created by several minor banks within California and quickly spread across the United States and followed by this, across the seas to other countries. It is now known worldwide as probably being the biggest competitor to Visa, and offers a myriad of services in much the same way.
The company headquarters are now based in Purchase, New York, as mentioned, and are operating at full strength, despite various setbacks over the years. Should you need extra information from MasterCard, there is a fully comprehensive FAQ section on their website, while the company can be contacted via telephone on, 0800 964 767.