Online Bingo Deposits & Withdrawals with Maestro
When you see Maestro’s logo, you can rest assured that your online bingo experience will be seamless. What is Maestro? This is Mastercard's global PIN-based network, which is accepted by millions of merchants including bingo operators. Learn more about how to make deposits and withdrawals in this review.
Why Choose Maestro as your Online Bingo Payment Method?
Maestro was launched by MasterCard, a global financial company known by every single being on this Earth. In 1985, MasterCard acquired Cirrus ATM Network, and in 1991, it launched Maestro, the first point-of-sale (PIN-based) debit network. As such, this is the only online, PIN-based debit brand that has gained global recognition allowing for cash access convenience worldwide. It can be used both online and offline, at ATMs all across the world.
Maestro products come in the form of debit and prepaid cards.
The debit card is linked to your bank account, which limits your spending to your available balance. Cards may be obtained from your bank. Unlike a traditional Mastercard debit or credit card, which would also feature the Mastercard logo, this is a PIN-only card with transactions running on the Maestro debit network. It may be used for both deposits and withdrawals provided the operator supports this method for both.
Prepaid cards also limit spending to the funds loaded onto the card. Banks and numerous retailers sell the prepaid product online and off. Virtual cards replace the physical plastic and provide the purchaser with a 16-digit card number and PIN. Select the amount of money to add to the card, activate it and you're ready to play bingo. Reloaded prepaid Maestro cards may be used to cashout while non-reloaded cards may not as they are intended to be used until the funds are spent.
How to Deposit at Online Bingo Sites with Maestro?
Of course, register and complete the verification process as required by the bingo site.
- Visit the Banking or Cashier section.
- Find Maestro’s logo and click or tap on it.
- Choose whether you’d like to use the Debit or Prepaid card.
- Enter the card number, its expiry date and your name as the cardholder.
- Specify how much you wish to deposit and confirm the transaction.
- The deposit should arrive within minutes and you can use it right away to play your bingo games.
Online Bingo Withdrawal with Maestro
Withdrawals with the debit card, when possible, would be done pretty much the same way.
- Select your card from the Banking/Cashier page.
- The card details should be saved from your deposit.
- Specify how much you wish to withdraw.
- Once the site accepts the cashout request, your winnings should be paid in a few business days or within the timeframe stated in the operator's T&C's.
We're saying when possible because not all bingo sites would accept it as a withdrawal method; Be prepared to look for an alternative for cashing out your winnings. Also, it goes without saying, withdrawals are not possible with the prepaid card unless you've got a reloadable card.
Allowed and Restricted Countries
Maestro is accepted in more than 100 countries across the Americas, Asia and Europe.
Availability includes Belarus, Argentina, Chile, Venezuela, Hong Kong, India, Austria, Croatia, Belgium, Germany, the Netherlands, Italy, Russia, Romania, Serbia and the UK, to name a few.
Restrictions include countries such as Greece, Ireland, Denmark, China and Brazil.
Available Currencies
If Maestro is available in your country, you can use your own currency to transact with it. Since you'll be using the currency you're using for your bank account transactions, the same currency would apply to your card.
Therefore, considering the solution is available across more than 100 countries globally, you should not have a problem transacting with your own currency and avoiding currency conversion fees.
Fees
You should be aware that fees would apply when using Maestro. The fees, however, would depend on the issuing bank.
Some transactions are free of charge while others will incur a fee such as ATM withdrawals. Visit the issuer's website or review the terms associated with your account for a breakdown of associated fees.
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Maestro Bingo Sites FAQs
Is the Maestro prepaid card reloadable?
Yes. While some prepaid cards are intended to use up the loaded funds in one or several purchases, you have the option to add funds to a reloaded card for multiple uses.
Will the online bingo site charge me an additional fee for using Maestro debit card?
Fees are usually charged by the issuing bank, however, some online bingo sites may implement fees of their own. See the T&C's for both the bingo and card accounts for details. Ideally, the bingo operator should not charge for Maestro deposits and withdrawals.
Do Maestro depositors get special bonuses?
While not common, some online bingo sites do have bonus offers designed for users of certain banking methods, specifically with Maestro depositors in mind. These offers will be displayed on the site's promotions page.
Is Maestro available in my country?
As a Mastercard brand, this network reaches 100+ countries. See the official website for availability. Also, check the bingo operator's banking or cashier section to verify the availability of this payment method.
If Maestro is accepted for deposits, is it by default accepted for withdrawals?
Generally, yes, and that's due to the network's purchase rules; If the card was used to make a purchase or deposit, it must be used for the refund or cashout. On the other hand, it's not guaranteed, but may be confirmed in the cashier prior to use. It wouldn't be a bad idea to prepare an alternative solution for withdrawals.
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