MasterCard Credit Bingo Sites

MasterCard Credit Card -  A Trusted Banking Method Accepted by Online Bingo Sites

Most online bingo sites are international, accepting players from various countries. They offer both global payment solutions and local methods, suited for their targeted group of players. However, there's one brand that can be found across most, if not all, online bingo sites, and that's MasterCard. MasterCard is a worldwide-recognized credit card brand that can deliver exceptional online banking to any bingo player. 

Unlike the Mastercard Debit, credit card funds are based on an approved spending limit - not what's in your bank account. In essence, you are spending money that you'll have to pay back.

Why choose MasterCard Credit for deposits and withdrawals across online bingo sites?

Launched back in 1966, MasterCard is one of the longest-operating credit card systems. It is a global payment solution with a rich and long history of processing payments, with an impeccable reputation across all kinds of industries. It was created in the US, as a membership organization called Master Charge, by Wells Fargo Bank, Crocker National Bank, the Bank of California and the United California Bank, and the card was previously called BankAmeriCard.

Throughout the years, over 25,000 financial institutions had gained a share and became authorized to issue the credit card to potential users. The company continued growing and strengthening its network, partnering with basically all banks across the globe, and even though based in the US, it managed to gain a huge user base, with billions of customers.

As a perfectly safe and secure payment processing service connecting banks and users, the card managed to gain global recognition. And as soon it went global, practically used in every single country in the world, it rebranded to MasterCard Worldwide, emphasizing its global coverage.

Even though a direct competitor to another globally-recognized brand VISA, MasterCard is a name known by every single human being on Earth, and definitely a leading one. Considering it is used in all kinds of industries, it should not come as a surprise to you to learn that it is widely available across the online gambling industry, as well. Most, if not all, online bingo sites accept it, as it is one of the most popular and most widely used credit cards in the world. Therefore, finding a site that accepts it would be as easy as 1, 2, 3. Learn how to get started with it and use it as a payment solution across online bingo sites.

Getting Started with MasterCard Credit

The main reason why users choose this payment method over any other is that it is so easy and familiar to get started with. As with any other credit card, the first thing to do is head to your bank or issuing financial institution. 

You know the drill. Complete an application form to verify your personal credit history and eligibility. The credit card types at your disposal are the Standard, World and World Elite. This process is much more in-depth than obtaining a debit or prepaid card.

As soon as your application is ready, submit it. You may receive an instant approval or the bank may take time to review the application. Since you're applying for a credit card, a card using which you could spend more than you have, the bank needs to check whether you can cover the related fees and pay off your debt over time, before it approves the application. 

Once approved, you'll receive the card, which must be activated. If you'd like ATM access to this credit account, you may obtain a PIN, but cash advances are associated with high fees. 

How to Deposit at Online Bingo Sites with MasterCard

Choosing a bingo site that accepts MasterCard, as mentioned, would not be a difficult task at all, since most, if not all of them, accept it. Therefore, you can choose the licensed site that offers the best bingo games and 75-ball or 90-ball bingo rooms, join it, and you’ll be ready to make your deposit.

To make a deposit with the credit card:

• Log in to your online bingo site account and visit its Banking/Cashier page.
• Find MasterCard’s logo from the accepted Deposit Methods and click or tap on it.
• Enter the required data including name, 16-digit card number, the card expiration date and the CCV2 code.
• Specify how much you wish to deposit and confirm the transaction.
• The deposit will be available in your bingo account instantly. 

How to Make a Withdrawal

The online bingo sites that accept MasterCard for deposits usually accept it for withdrawals, as well. When it comes to credit and debit cards, operators generally require players to cashout using the same card used to deposit.

Head to the Banking/Cashier page and select your card for cashout. Of course, the bingo site will verify withdrawal eligibility including whether you've claimed any bonuses and wagering requirements. it will either deny or approve your withdrawal request. Once approved the money generally posts to your credit card account within 24 to 48 hours.

Applicable Fees

Just like the case is with any other credit card, MasterCard arrives with fees. The exact amount of these fees will vary as each issuer has its own policy. Generally speaking, standard transactions in your local currencies and refunds are free, however, check the T&C's for your account.

Currencies

As a global solution, MasterCard accepts all applicable currencies around the world. You can freely use your local currency when paying across land-based and online platforms based in your country.

However, keep in mind that if the deposit is processed using foreign currency, currency conversion fees will likely apply.

Allowed and Restricted Countries

MasterCard is accepted in virtually any country without credit card restrictions. Therefore it is probably allowed in your country unless that country is North Korea or Burma (Myanmar) or a similar country where credit cards are banned.

However, there’s one other thing you should keep in mind. When it comes to online gambling, many countries have set their own separate bans when it comes to gambling with credit cards. For instance, the UK has implemented a prohibition on the use of credit cards for gambling purposes. Therefore, as an online bingo player from the UK, you cannot use MasterCard Credit as your payment method, however, you may use your debit card.

Helpful links:

• MasterCard official website
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• YouTube