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Online Payment Options for Online Casinos: Credit Card
Despite the fact numerous new online payment methods have emerged over the last decade or so, credit cards like MasterCard and Visa remain among the most popular ways to make a deposit at a gaming site. Thanks to their many benefits, that’s hardly surprising. Credit card payments are fast, simple, and extremely safe. These days you’ll struggle to find an online casino which doesn’t support reputable cards such as MasterCard or Visa, meaning that if you own one, you’ll get to play almost anywhere with a complete peace of mind.
About MasterCard and Visa
MasterCard as a brand has been in existence since 1969. Today the company operates the fastest payment processing network in the world, with services available in more than 200 countries. Their products come with Zero Liability protection to ensure that the bank which has issued your MasterCard won't hold you responsible for unauthorised transactions, whether they were made in store, over the phone or online. Cards have an embedded microchip which provides increased protection against fraud, creating dynamic data to make each transaction unique and practically impossible to replicate. Every card comes with an expiration date to help ensure it’s updated with the latest security protections. MasterCard SecureCode offers an additional layer of online shopping security, being a private code which is known only to your bank and yourself.
Visa card is just as reputable and secure. It was the first credit card to be offered to general public, having started its journey in 1958 when the Bank of America launched the first consumer credit card for US residents and merchants. Since then the company has grown and evolved, and today operates in more than 200 countries with products and services available on cards, laptops, tablets and mobile devices. In terms of safety measures, Visa functions very similarly to MasterCard. Every time a chip credit card is used, a unique one-time code is generated to provide additional security. They also feature Zero Liability Policy which is a guarantee you won't be held responsible for unauthorised charges in case your card is lost, stolen and fraudulently used, both online or offline.
Accepted at thousands of gaming sites and offering outstanding customer service, both MasterCard and Visa are an excellent choice when looking to play your favourite casino games with real cash.
How to Use Credit Cards
The depositing process when using a credit card is as simple as can be. Once you’ve made your choice among listed payment options, simply enter your card details, the amount you wish to fund your account with, and hit the Submit button. Credit card deposits are normally instant so you won’t have to wait for long until the money shows up at your casino account. Withdrawal process is just as easy and you’ll usually receive your winnings within 2-4 days. In some instances, the casino will allow you to use a card for deposits but not for cashing out, in which case you’ll be offered a Wire Transfer or another suitable alternative.
Benefits and Limitations of Credit Cards
The biggest advantage of using one the above mentioned cards is the fact they are accepted almost everywhere. Credit cards are among the most secure online payment methods and often come with higher max transaction limits than other options. Payment process itself is super-simple, and you’ll have instant access to funds at about zillion ATMs around the world. Additionally, deposits made with cards aren’t restricted when it comes to claiming casino bonuses, as is often the case with some E-wallets. The limitation? You’ve got to own a credit card and make sure to stay within your spending limits – that’s all!