mastercard casino ico

There are many payment methods available at Indian casinos, but none as trusted and recognized as Mastercard. Although there are Mastercard casino sites out there, not every brand accepts this method of payment yet. To save you from having to investigate each casino, we’ve done the hard work.

On this page, you will find out more information about Mastercard casinos. We will explain what this payment method is, how it works, and some alternatives. Finally, we will present you with the very best online casinos that take Mastercard in India. Keep reading for more.

List of The Best MasterCard Casinos 2022

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Mastercard Company Overview

Mastercard was founded in December 1966 in the United States. Originally named Interbank, it was founded by several financial institutions, including Wells Fargo and the Bank of California. Since its launch, Mastercard has become one of the most popular ways to pay around the globe. It’s used in stores, E-commerce, and, more recently, online casinos.

It’s estimated that Mastercard facilitates around 74 billion transactions per year, only second to Visa. The company headquarters are located in New York, and revenue in 2020 was 15.3 billion USD. This has been growing year on year, making Mastercard one of the leading financial companies in the world. Mastercard hasn’t always worked with online casinos and only began facilitating gambling transactions in the last decade. Nevertheless, it has become a popular choice amongst India and worldwide players because of its stellar reputation. High encryption and payment security levels mean that there are no risks to using Mastercard to make a deposit.

How We Find and Review Mastercard Casinos

We try and test each Mastercard casino ourselves before recommending them to our readers. Here are just some of the criteria used in this process:

How to Use Mastercard in Online Casinos

If you have used Mastercard to pay anywhere else online, you will find this part very easy. Depositing into a casino with Mastercard is almost identical to purchasing on any other website. Here’s how to use Mastercard in online casinos:

  1. Choose one of the best Mastercard casinos – Each of the casinos on this page has been approved by our team. So all you have to do is choose your favorite. Once you have decided, click on the ‘visit casino’ button, and you will be taken straight there.
  2. Register your details and create an account – You will need to provide personal information, such as your name, address, date of birth, and email. You will then be asked to create a username and password, which you will use to log in.
  3. Make Mastercard your preferred way to pay – Head over to the account section of the casino and add your Mastercard as your payment method. You will be asked for your card details, including the expiry date and security code.
  4. Make a deposit with Mastercard – Click the deposit option and select your Mastercard as the payment method. Next, enter how much you want to spend and click deposit. You may need to complete Mastercard verification before the transaction finishes.
  5. Play your favorite casino games – Your account is now loaded, and it’s time to launch your favorite games. First, go to the homepage or the games lobby to search through the lists of available games.

How to Withdraw with Mastercard

You know how to add funds, but what happens if you win and want to withdraw some cash? Don’t worry, that part is easy too. Here’s how to withdraw with Mastercard:

  1. Check your balance – Ensure that your balance is cash and not bonus funds, and ensure that you won’t be losing a bonus by requesting a withdrawal. Also, make sure that your request meets the minimum withdrawal requirements.
  2. Request a withdrawal – Click the ‘wallet’ or ‘withdraw’ option within your account area. Select Mastercard as your withdrawal option and enter how much you wish to withdraw. Finally, click submit to process the transaction.
  3. Wait for your cash – A withdrawal to Mastercard can take up to 5 working days, but you should receive an email confirmation when the payment has been processed.

Additional Information About Mastercard Casinos

The minimum casino deposit is determined by the gambling site itself and so can vary depending on where you play. On average, most brands ask for at least ₹1000, or 10 euros if you’re not playing in Rupees. There will also be a maximum withdrawal amount in one transaction, but these depend on the casino.

Minimum and maximums also apply to withdrawals. You will need to have a certain amount in your account before requesting a withdrawal, and if you have a large balance, it may need to be split across multiple transactions.

Remember that before you withdraw, you will need to have completed wagering requirements on any active bonuses, or you may lose them. After you withdraw, the request is sent to a dedicated payment team. They will conduct security and gameplay checks before approving the payout. This process should take around 24 hours. After approval, the waiting time is subject to the payment method used. If you’re using a Mastercard for online gambling, this will be between 3 and 5 days.

Mastercard does not charge any fees for depositing and withdrawing at an online casino. The only costs you may be subjected to are currency conversion if you’re not playing with Rupees. The casino itself could have withdrawal fees, so always check this first before requesting a payout.

Our Thoughts on Mastercard Gambling

PROS
Mastercard is widely accepted at online casinos, so you will never have trouble finding a casino in India that supports the payment method.
Mastercard is widely accepted at online casinos, so you will never have trouble finding a casino in India that supports the payment method.
It is 100% safe and secure, so you never have to worry about losing your money or having your details lost or stolen.
CONS
Mastercard casino sites have slower withdrawals than other payment methods, usually taking between 3 and 5 days. Unfortunately, this means you will have to wait longer for your cash.
Withdrawals via Mastercard are not supported in some parts of the world, so you may run into trouble which can be inconvenient.

Mastercard in India

Mastercard is a popular and widely accepted payment method in India. Despite Mastercard online gambling still being relatively new, the country and its players have adapted well. It’s a popular choice with players who want to stick to traditional payment methods instead of e-wallets.

Mastercard casino sites will likely continue to grow, and more Indian players will enjoy the benefit of depositing with such a safe and secure payment platform.

Mastercard Alternatives

If you’re not playing at a Casino that accepts Mastercard, you will need a good alternative. Here are three other great options:

Visa

Visa is the number one rival to Mastercard, and the large majority of credit and debit cards are powered by one or the other. However, you can use Visa instead of Mastercard, and you will notice very little difference; the process of depositing and withdrawing is identical, and the platform is equally as safe.

Credit Cards

Credit cards are a great way to gamble online, especially if it’s not a Mastercard casino. One of the most popular credit cards for gambling is the AMEX (American Express). When using a credit card, you can play now and pay later, and there are additional security and protection methods for players.

PayPal

PayPal is an e-wallet, but it’s the easiest to use and most user-friendly of the bunch. Most of us have already used it to make online purchases, and PayPal works the same way for a casino. It still links to your bank account, but instead of using the Mastercard to pay, you’re using the PayPal platform.

George Lewis
Editor-in-Chief

Hi, I’m George, born in the USA, but currently living in India where I came to find my roots. I have been a part of the CasinoHEX.in team ever since the launch in 2019.

Beforehand, I was a dealer at a small casino in Reno, but have decided to take my life to India, and my passion for the gambling industry online, and this position is the perfect opportunity to share all the tricks of the trade.

Working in the dynamic Indian market has been challenging, but it’s a pleasure to see the industry grow and go in the right direction thanks to us and our efforts.

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FAQ

What’s the main difference between a Mastercard Debit and Mastercard Credit?

A Mastercard debit uses cash taken from your bank account. Your bank and any funds spent issue the card will be taken from your account immediately. With a credit card, you can spend up to a limit and not have to pay for it until the bill lands. One is immediate payment, and the other is pay later. Some people prefer to use credit cards for this reason, while others find it easier to keep track of spending on a debit card.

Is Mastercard the best option for online gambling?

Yes, Mastercard casinos and Mastercard deposits are some of the best. This is because the platform plugs in seamlessly, facilitates fast deposits, and doesn’t charge any fees. It is trusted by millions of users, is safe and very secure. Mastercard has some of the highest levels of encryption of any payment platform, so you don’t have a thing to worry about.

How long do Mastercard deposits and withdrawals take?

The good news is that a Mastercard deposit is instant. The bad news is that a withdrawal can take a little while, usually longer than alternative payment methods. On average, you can expect to wait up to 5 days for a withdrawal to land in your account, although it can be quicker.

Can I get a casino bonus with a Mastercard deposit?

Unlike other payment methods like Neteller and Skrill, Mastercard is almost always included in casino bonuses. This means that you can get a welcome bonus or loyalty rewards simply for depositing using your Mastercard. You may even earn incentives with Mastercard directly, which has been known to reward regular uses with cashback or Airmiles.
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