MasterCard is arguably the second largest credit card option for players on the internet to use at online casinos. Although their coverage is perhaps not as widely spread at Indian online casino sites as VISA’s, using a MasterCard to deposit is still amongst one of the more popular options for players at these casinos. In fact, there are similarities between the two options when depositing. Let’s find out a bit more about depositing at Indian casinos using this payment option.
If you have a MasterCard in your wallet or purse, and your chosen Indian online casino accepts this option (and many do), you will already have solved a problem a few other casino players have. What method to deposit with? If you already hold a card, you will not need to sign up to another method.
On top of that little problem, Indian players will also likely already know how to deposit with a MasterCard. The process is no different than buying anything else online; only this time, you are, in effect, buying casino credit. MasterCard deposits are speedy (they land instantly in your account), they are secure and safe, practical and often have higher deposit and withdrawal caps than e-wallet or voucher methods at Indian casinos.
Read moreMost of them. There are one or two Indian online casinos which aren’t prepared to accept MasterCard deposits (although they will likely accept VISA), but they are minimal in number. Players shouldn’t encounter any problems finding somewhere to deposit using MasterCard.
Most Indian casinos are well licensed and regulated. As long as your casino has a good track record with security and safety, and bears a valid gambling license out of a respectable jurisdiction, it should be safe to deposit there, too.
No. Unlike VISA, which also accepts deposits made using Electron and Debit card options, MasterCard’s own debit card method (Maestro) cannot be used just because a casino accepts MasterCard. Indian casinos must specifically offer Maestro as a separate method if you wish to use this option.
It is possible, though not guaranteed. Some casinos have no charges or fees on deposits and withdrawals made using MasterCard, but some will charge you. Similarly, there may or may not be a charge attached via the bank which issued your MasterCard. Those sites which do charge fees, generally only do so for cashouts, and seldom set it to higher than 2.5% of the total withdrawal sum. Even then, there is often a cap on the maximum charge a casino can put in place for cashouts.
MasterCard deposits land instantly in your account. Withdrawals made using this method typically take the same amount of time as other credit card and bank transfer withdrawal options. In short, this means you can expect processing times of 3-5 business days before you can get hold of your winnings. Royal Panda Casino is one of the online casinos in India where you can deposit with Mastercard!