MasterCard is one of the best, reliable and most popular payment methods worldwide. The company was founded in 1996 as Interbank Card Association (ICA) formed by four financial institutions in a bid to compete with BankAmericard (later changed to Visa). Prior to 2006, MasterCard became a cooperative owned by more than 25 000 banks globally, and became a public traded company after its initial offering.
Today, it has over 721 million cards circulating with more than 210 countries and millions of companies accepting the credit/debit card. Master Card is also a popular payment option at online gambling sites. The best New Zealand casinos accept MasterCard for deposits and sometimes for casino withdrawals. Read on for more.
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Using MasterCard at Online Casinos
Many Kiwi players prefer gambling with MasterCard as many of them are familiar with it and use its services regularly if not daily. It is one of the best casino banking methods for gamblers in New Zealand. More so, the company’s latest innovation allows MasterCard account holders to link their mobile devices to their bank account allowing players to make quick MasterCard deposits and withdrawals at a casino using their linked mobile device. MasterCard also uses a trusted digital wallet called Masterpass for easier online purchases. The wallet offers multi-tiered security and is protected with the company’s global payment network. It allows customers to shop without any concerns.
How MasterCard Works
Over and above, the online payment system identifies account holders uniquely with the numbers on their card. For gambling purposes, the banking option provides a payment product which moves funds from your real bank account to an online casino. The internet casino is set up as a merchant. If punters are paying using a credit card, the money is borrowed from the bank and is not taken from their account. You can pay the money back via monthly repayments depending on your arrangement with the bank.
Master Card Deposits – Fund Your Casino Account with MasterCard
Making a MasterCard deposit at online casinos is quick and easy. However, punters should be aware that not many casinos allow a MasterCard withdrawal. You can use other alternative banking options to cashout at your favourite New Zealand casino. Here is how you make a deposit using MasterCard:
- Choose your favourite online casino on our list.
- Visit the cashier section.
- Select MasterCard as your preferred casino payment method.
- Enter your details.
- Choose the amount you wish to deposit.
- Start playing your favourite casino games.
This payment method has quite a lot of advantages:
- No third parties are required for the transactions.
- Filling your details at a MasterCard online casino only takes a few minutes.
- MasterCard casino deposits are instant.
MasterCard Weak Points
- It is not accepted by a lot of casinos.
- If accepted, withdrawals can take a long time to be processed.
- MasterCard charges fees for transactions.
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