The leading banking method for any online transaction worldwide is credit or debit card purchases. This payment method leads the online casino sector too, with the two prominent card brands being that of VISA & Mastercard. Here, at CasinoWow, we have a variety of online casinos that accept VISA and Mastercard both for deposits and withdrawals.
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We at CasinoWow believe that your online gambling experience should be safe and secure. That’s why we recommend you also try out these popular online casino payment methods, verified by our team of experts.
Discover all safe & secure online casino payment providers at CasinoWow!
Want to know more about payment methods at online casinos? Start with our casino banking guides to learn more about deposits, withdrawals, bankroll management and what requirements are needed to safely use your funds at online casinos.
Mastercard is a popular payment method that is available in nearly all the top-rated online casinos today. You can use the card for both deposits and withdrawals depending on your bank issuer and country. Some regions and bank issuers might have restrictions in place.
The majority of online casinos allow you to make deposits and withdrawals via VISA. There are very few that don’t have this payment method available. There might be some limitations on deposits or withdrawals based on the bank issuer or country you’re based in.
Revolut is another payment method quickly becoming more popular at online casinos. You can use your Revolut Mastercard safely for both deposits and withdrawals at several top online casinos including Betsafe and CasinoEuro.
With Mastercard and VISA, you can enjoy a safe and secure online banking experience whether making online purchases or playing at online casinos. There are additional security measures such as two-factor authentication which makes it even more secure. As long as you are playing at a secure and licensed online casino.
A quick look will show that all online casinos accept prepaid debit cards and credit cards. If you prefer using a prepaid debit or credit card to fund your online casino experience then you will have no trouble finding a top-rated casino accepting this payment method at CasinoWow.
Using Mastercard will come with a few fees on deposits and withdrawals depending on the online casino you choose to play at. The fees will vary based on the online casino and the currency. There are additional fees charged for currency conversions.
As with the fees you will note that each online casino has a different limit set for the maximum withdrawals. This limit is available on the banking or cashier page at the casino. The Visa and Mastercard withdrawal limits often generally range between €4000 and €10,000 per transaction.
Withdrawals have a standard processing period that varies per online casino and can take 24 to 48 hours. From there Credit and Debit card withdrawals can take a couple of days. This is not the quickest withdrawal method with payouts often taking a day to up to 7 banking days to complete.
There are various disadvantages such as exposing sensitive banking information and slow payouts. Then there’s also the possibility of overspending or going into debt especially using your credit card. A great alternative to Mastercard would be using e-wallets such as Skrill or Neteller which are more secure and offer quick payouts.
Applying for a VISA or Mastercard credit or debit card online can be done through any modern bank or several global financial institutions. You will merely have to fill out a credit application online, provide proof of residence, and have positive identification. Should your credit score be clear, you could have your card within days. You will then be able to spend your credit anywhere you see the VISA and Mastercard signs.
Prepaid debit cards can also be ordered through the bank's website if you have applied for online banking service. Some digital banks such as Revolut and eWallets such as Neteller and Skrill make it easy to apply for an account and VISA or Mastercard plastic and virtual cards entirely online.
Using your credit card requires no extra hassle of working through and registering with a third-party payment facility. All you need to do to make a deposit is select your preferred payment method and enter in your credit card details as prompted.
Usually, credit card holders pay a monthly fee for the administration of payments. These packages vary and could cover a selected number of transactions per month included in the costs. Others may charge you an additional fee for each transaction, but this is usually a small nominal amount.
Depositing at a credit card casino is usually a quick affair, taking only a few moments to register the payment and top up your casino profile bankroll. You will be playing at the tables or spinning the slot reels in just a matter of minutes.
Using a credit card usually means that you do not have to have money in your bank account currently. Should you use your card, you will be able to pay back the amount to the financial institution later. This means that you do not have to wait until payday to have fun at your favourite online casino accepting VISA and Mastercard.
VISA and Mastercard come with various reward plans that accumulate points for every spend made. The nature and quantity of points depend on the accredited VISA or Mastercard financial institution that services you. These points can be used as cash backs so that you get far more bang for your bucks.
Because you need to disclose all the details on the credit card, you may expose yourself to fraudulent parties should this sensitive information be leaked out. Most top online casinos have multi-layer security to protect your information on their side. So it would fall to you to ensure that you have good malware and firewall protection on your PC or mobile device of choice in order to protect your data and your money.
Unfortunately, withdrawing funds via credit card is not often supported by online casinos, but where it is accepted, it can take a bit of time to receive the funds due to clearance issues. Therefore, it is recommended that you instead employ the services of an e-wallet for withdrawals or select payout via bank wire transfer or cheque.
It may be great to access money that you do not readily have in your account, but paying it off later is not always an easy thing to do. Credit cards are dangerous if you have no discipline, and misuse could lead to massive debt accumulation.
All credit cards will be set with a maximum spend limit, which is often determined by your right standing with your service provider/bank or by your credit record.
The bank could set daily swipe limits as a default for your protection, but these can easily be changed to suit the spender.
VISA and Mastercard are accepted by most countries globally, and it is therefore commonly accepted by hundreds of online casinos globally. It is, however, a good idea to steer away from using your credit card at gambling facilities if your government has laws in place to counteract online gambling, as you may find that they might freeze your card and possibly confiscate your funds. A prominent country of contention would be the USA, where most states ban payments to online gambling facilities.
If you have a credit card and want to start gambling now at top online casinos, why not select an approved VISA or Mastercard Online Casino from our list provided? And we can guarantee you entertainment in an instant.
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