Mastercard is one of the most popular transaction methods not just at Canadian casinos, but at those around the rest of the world too.
It’s a quick and simple method of moving money in and out of your player account and is one of the safest ways to transact online and on mobile. Mastercard’s reliability means that almost every single trusted online casino accepts payments from this processor.
The brand was born on the 16th of December in 1966 in the United States of America and offers credit, debit and pre-paid card facilities. From 1966 to 1969 this popular Canadian casino payment option was known as Interbank, and it then became Master Charge from 1969 to 1979. It was created by an alliance of a few associations as a response to the Bank of America’s BankAmericard, which would go on to become Visa. To this day, Visa and Mastercard are the biggest card brands in the world.
The mechanics behind this payment processor are actually quite complex, despite how easy it is to use. In short, once the card has been used at a merchant or Canadian casino, the issuer bank pays the acquirer bank. The card holder is then debited the amount of the transaction and any related fees. Debit and Prepaid cards work off money already in your account or loaded on the card, and the balance spent is simply deducted.
Once you’ve signed up at a trusted online casino, you’ll notice a lobby when you navigate to the site. In a standard lobby, you’ll see tabs like Banking, Games, and Promotions and you’ll need to select Banking.
Clicking or tapping on this tab will bring up a page with details on all your options for making a deposit or withdrawal. Payment mechanism options will include credit cards, debit cards, bank transfers, ewallets, and prepaid vouchers, and you’ll need to find Mastercard, select it, and then indicate how much you’d like to deposit.
Both mobile and online players will be given the option of saving their banking details to make future transactions quicker, and it’s safe to do so.
Bear in mind that all the Canadian casinos that we recommend have been SSL-certified. This means that our experts have confirmed they provide players with a 100% secure environment in which to play games and move their money around.
When using your Mastercard online you’ll need to provide:
The benefits of using MasterCard at Canadian casinos are numerous, but the 3 that really stand out are its convenience, safety, and speed. There’s a good reason this payment method remains so popular, and this organisation’s commitment to providing its users with a secure, quick way to transfer money is laudable. Mastercard deposits are processed instantly, which means players can start placing real money bets with no delays.
To be honest, there aren’t that many drawbacks to using this payment method. As long as you’re following our advice in terms of sticking with trusted online casinos, and sticking to responsible budgeting practices, this serves as a highly recommended banking option.
But, just to be safe, should you decide to play at a Canadian casino that for some reason doesn’t accept Mastercard, be sure and have a backup plan. eWallets are a great 2nd choice, along with prepaid cards.