Online payments were once something unheard of and untrusted, but today it is the most convenient way to purchase different goods and pay for stuff. So many now ask what the most convenient online payment solution is. The solution, that would be accepted by all online marketplaces and allow really fast transactions. Well, one of the most obvious answers to this question is Visa or Mastercard.
Banking cards are now a common means of payment. You can pay using standard banking cards pretty much everywhere – you can pay for food from your grocery store or order some new albums of your favorite artist. And for those among us who like to play in online casinos they are also available as a means of paying for your bets as well as getting your earnings.
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Let’s take a look on peculiarities of credit card usage with various casinos. But first let’s get to some basics. First, let’s talk about types of bank cards. They are commonly referred to as credit cards, but that is not really correct. There are two major types of cards:
Of course, there are many other types of banking cards, but these are the most commonly used. Besides the types of cards described above there are also banking cards which use different payment systems. The latter are the following:
If you like gambling in on-line casinos there are considerable advantages of using cards when dealing with them:
There is one more advantage of a bank cards over different types of on-line currencies and e-wallets similar to PayPal or Skrill. And it is considerable – when you win, you can get your your money to your banking card way quicker. Really – in a matter of hour at max. With e-wallets you’ll need to send the money to your card first and wait for some time (in some cases – couple of days).
Though it is noteworthy that not all casinos provide withdrawal function. We’ve compiled the list of casinos that allow their clients to withdraw money. You can find it below on this page.
Banking cards also have some disadvantages when used with on-line casinos:
• You can not stay anonymous. Unlike all kinds of e-wallets and electronic currencies which allow certain degree of anonymity, when using a banking card with on-line casinos, all your transactions are recorded by your bank and the casino
• Security reasons. When dealing with casinos you need to deal with those reliable and secure among them, since if a casino gets hacked your credit card details may end up in the hands of malevolent individuals.
To avoid these disadvantages we advise you to stick with those casinos represented in our list below, since they provide adequate security level.
Thus, despite some disadvantages using banking cards with casinos is quite a widely practiced and appreciated among those who value good gambling and a good game.
Do Visa and MasterCard allow transactions to and from online casinos?
Yes, but those players who prefer to keep their personal MasterCard and Visa card information away from online casinos, should probably consider another way of depositing to online casinos.
Do Visa and MasterCard hide personal bank information of its users?
Yes, but not from the parties you make payments to. This means that those online casinos to which you provide payments will know the details of your MasterCard or Visa.
Does it take a long time for money to be transferred from Visa/MasterCard to online casino account?
It depends on the online casino as well as on the terms your Bank sets. But usually the transactions to online casinos are instant.
What are the main advantages of Visa and MasterCard?
Almost all online casinos allow both deposits and withdrawals by means of Visa and MasterCard.