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🧾 History of Mastercard Company

MasterCard is a global payment processing company that connects consumers, merchants, governments, and businesses globally. The company was founded in 1979 and allowed users to use electronic forms of payment in the place of cash and checks. The company was originally a brainchild of three banks – United California Bank, Wells Fargo, Crocker National Bank, and the Bank of California. Both United California Bank and Crocker National Bank merged and joined Wells Fargo while Bank of California merged into Union Bank of California. Initially, the company was called Interbank, then changed to Master Charge before acquiring its current name. In 1983, MasterCard International Inc became the pioneer bank to use holograms to boost card security. In 2006, MasterCard International rebranded to MasterCard Worldwide to give the company a global scale. Initially, its logo had two circles before adding the third one and adopting a new corporate tagline. MasterCard acquired a UK-based payment processing and fraud/risk management provider DataCash in August 2010. The acquisition was meant to expand the company’s e-commerce offering. In a move aimed to cement its global presence, the company in 2012 announced that it was expanding its mobile contactless payments program to other markets, especially the Middle East. The company also acquired Pinpoint, an Australian leading rewards program manager company, in 2014.

🔖 Types of Mastercard Cards

There are different types of MasterCard cards you can choose from:

  • Credit card. The MasterCard Credit Card is used to make everyday purchases both online and in stores. Users of credit cards can still pay even if their cards do not have sufficient funds.
  • Debit Card. This card needs to be topped up before using it. It uses the funds available in your account and can only pay for what your bank balance can afford.
  • Prepaid Virtual Card. The Mastercard Prepaid Virtual Card is used for online shopping and usually comes with a 16-digit card number present on the physical card.
  • Contactless cards. These cards do not require physical contact when completing transactions at points-of-sale. They rely on near-field communication (NFC) and radio frequency identification (RFID) technology to complete transactions.
  • Mastercard cards for business owners. These are used by businesses to complete their daily transactions. They pay for business expenses like shopping, travel, and insurance, among others.

Cards have helped cement the cashless financial ecosystem and are used in almost all transactions, including online casinos. MasterCard Casino is one of the most common payment methods among casinos and online gamblers. The payment platform offers impressive features like instant transactions, safety and security of money and personal data, and a global reach.

💰 Play for Real Money

For gamblers wishing to earn real money from online casinos, depositing money into your gambling account may be the first hurdle. This is largely because most banks and payment platforms do not process transactions to gambling sites and online casinos. Many online gambling sites use Mastercard casinos to process users' deposits and withdrawals. The use of this service for online gambling is, however, subject to each country's gambling regulations as transactions are blocked in countries where gambling is illegal. Basically, anyone with a bank account can get a MasterCard. To tap into MasterCard's large customer base, some gambling sites usually offer special bonuses to encourage users to pay using their credit/debit cards. To play at NZ online casino real money, you need to first deposit money into your online casino account. To deposit, select Mastercard from the list of options as your payment method. The deposited amount will instantly reflect in your gambling account while the same amount and any associated transaction fees are deducted from the bank account associated with the card.

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💳 How to Deposit Money into Casino Using Mastercard

MasterCard and online casinos that use the payment system have tried to make the process as simple and fast as possible. While the payment processing company may have a clear policy on then handling and management of user data, it is important to first evaluate how your chosen online casino collects, manages, and protects personal data. Mastercard online casinos and gambling sites rank high among websites with most hacking incidences. Below are steps to use to deposit money into a casino using MasterCard;

  • time: 00:05
  • tool: Computer or smartphone
  • supply: Free
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💸 How to Withdraw Winnings from Mastercard Casinos

Most online casinos accepts MasterCard for making deposits also accept it for cashing out. Below are steps to withdraw your winnings using this method;

  1. Step: Select Mastercard as your Withdrawal Method. From the options given for withdrawing, select MasterCard. It may be displayed as an icon or a dropdown. Look for the company’s icon and select that option for your withdrawal.
  2. Step: Enter the amount to withdraw. Key in the amount you wish to withdraw. You can cash out a minimum of $20, while the maximum amount mainly depends on the casinos, although it rarely goes beyond $5,000 for a single transaction.
  3. Step: Enjoy your winnings. The transaction period for withdrawals may vary depending on the casino. The total time taken is cumulative of the time taken to process the withdrawal request by the casino and the time taken to process the transaction by MasterCard.

🎰 Best Mastercard Casino Sites

MasterCard and online gambling are a natural pair. The majority of online casinos in New Zealand accept this form of payment for both deposits and withdrawals. The company enjoys a global presence and has a good user base in New Zealand. It is one of the easiest ways to make online payments with strong security features. Leading casinos accept MasterCard to ensure your deposits and withdrawals are safe and seamless.

  • Royal Vegas - Best No Deposit Mastercard Casino for Kiwis
  • Conquestador - Top New Mastercard Casino NZ
  • 22Bet - Great Mobile Mastercard Casino in New Zealand
  • Casino Days - Popular Real Money Mastercard Casino
  • Skycrown - Extra Safe Mastercard Casino

🎁 Mastercard Casino Bonuses

Bonuses are baits used by online casinos to website visitors into loyal fans. Below are MasterCard casino bonuses for both new and existing users.

  • Deposit/ welcome bonus. This bonus is awarded to new users on their first deposit. The bonus amount may differ from one casino to another.
  • Free Spins. These are awarded in form promotions to announce the release of new games. They are also awarded to loyal players for being dedicated gamblers.
  • No Deposit Bonus. This is rare and is usually offered to market a newly-launched game. It is also offered to celebrate a casino's milestone.

📌 Advantages and Disadvantages of Using Mastercard

Before choosing to use these sites for online gambling, it is important to examine its features, requirements, and pros and cons. Below are advantages and disadvantages of using Mastercard for deposit and withdrawal from online casinos;

  • ✅ It is widely accepted and used all over the world. This means you can use it on most gambling sites and casinos across the globe.
  • ✅ It is a very safe and secure way to complete Mastercard casino payments for gamblers wishing to play for real money.
  • ✅ Due to its widespread use, it allows online gamblers to access a wide variety of games, which increases the chances of winning.
  • ✅ Mastercard offers fast transactions when making deposits and withdrawals to New Zealand online casinos and gambling sites.
  • ✅ It is easy to use with a simple and straightforward payment process.
  • ❌ Users pay relatively higher transaction fees.
  • ❌ While it is used worldwide, it is not accessible to some gambling sites.
  • ❌ Users have to key in their personal and financial data. This may put you and your accounts at the risk of hacking, especially if you are accessing spammy casino sites.
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❓ Mastercard FAQ

  • 1️⃣ Are There Any Commission Fees?

    MasterCard does not charge any additional fees for online casinos. The user may, however, pay some fee to the card issuer.
  • 2️⃣ Are Mastercard Deposits and Withdrawals Instant?

    Yes. MasterCard offers fast transactions with instant deposits and withdrawals.
  • 3️⃣ What is the Minimum Amount I Can Deposit via Mastercard?

    The minimum deposit amount depends on the chosen online casino. It is important to check the minimum amount allowed before signing up for an online casino.
  • 4️⃣ What is the Maximum Amount I Can Deposit via Mastercard?

    The maximum deposit amount also depends on the online casino you sign up for.
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