So let’s start off with some MasterCard basics. The company started life way back in 1966 when 4 banks decided to merge to challenge the authority of Bank of America. The eventual outcome was the launch of the MasterCard in 1979. It’s worth noting that MasterCard was not the first charge card – that honour belongs to Diner’s Club. Over the years the brand has evolved in terms of what it offers to the visual appearance of its popular logo.
A MasterCard can be a credit card or debit card which can be used in more than 210 countries and by more than 25 million companies. So as you can see, MasterCard has a massive foothold in the world of economics and financial transactions. MasterCard has also extended its services to many web-wallet companies and given them the rights to issue MasterCard approved ATM cards. These cards are ideal for New Zealand online casino players.
Making an Online Casino Deposit with MasterCard
This process is simple and if you’ve ever conducted business online at other websites, it’s certainly not going to be much different. Once you’ve entered in your username and password at the online casinos you’ve decided to join, you’ll see a number of options such as ‘promotions’, ‘games’ and ‘banking’, Banking is the one you’ll want to click on. Once in there you’ll be able to select MasterCard. You will then be required to fill in your 16 digit MasterCard number along with your name precisely as it appears on the card. Next you’ll need to fill in the expiry date and lastly the CVV (Card Verification Value) which always sits on the white strip at the back on which you sign your signature. After this you’ll key in how much money you’d like to convert to casino credits and then confirm it. Once you’ve confirmed it the cash will immediately reflect in your casino account.
Making on Online Casino Withdrawal with MasterCard
The withdrawal process is quite similar to the deposit process. You’ll need to click on the ‘cashier’ button and once in there one of two things will happen. You will either be able to click on the MasterCard option and once again key in all the information, or the casino would have recorded this information in which case you don’t have to key it in again. Don’t worry if the information is already available, as online casinos use high security standards to guard your information and will never share it. They are after all the ones who would land in hot water if they compromised your safety. In more recent years MasterCard has been cutting down on the amount of online casino transactions it allows – this is a legacy issue that prevailed when the USA decided it wanted to spoil its entire nation’s fun. If you’re using the same MasterCard to withdraw that you used when you deposited, then the casino will send the funds back to that account. Once you’ve requested a withdrawal, the casino will usually take up to 72 hours to have it processed. Thereafter it will take 2 – 6 business days to be back in your MasterCard account.
MasterCard, despite not always being 100% reliable when using at an online casino, is still advantageous for a number of reasons. If you’re ever making a deposit and it gets rejected, please remember it’s not the casino rejecting your money, it’s your bank or the processor. In a case like this, simply wait a few moments and key in an odd amount instead of a straight flat or even amount. The advantages of using a MasterCard is that it is the easiest way to make a payment online, it’s a fast way to procure online casino credits and if you don’t have actual money and it’s a credit card you can go ahead and make a deposit.