Guide to Mastercard in India 2022
Mastercard, together with VISA , is the major debit and credit card company in the world. With millions of customers all over the world, it has become a well-known deposit method for online casino players as well. Most online casinos support Mastercard which makes it a very quick and fast deposit method to use.
Mastercard provides both debit and credit cards. There are also Voucher solutions where you get a prepaid card which you can use for depositing at the casino. This is a popular way in case you don’t want to use your daily card for gambling transactions.
The most common reason why Mastercard deposits fail is due to bank restrictions, meaning that your bank doesn’t allow gambling transactions or maybe even online transactions. Make sure to reach out to your bank if you run into any issues while depositing money.
If you’re using a credit card, make sure you don’t spend over your budget, as the interest might be high. Try to pay off your credit card bill as soon as possible to avoid this.
Deposit and Withdraw with Mastercard
If you already have a Mastercard, head to your online casino and just follow the instructions to deposit. If you don’t have a Mastercard you’ll either have to buy a prepaid card, a Mastercard voucher, or else go to your local bank and apply for a debit or credit card.
This is usually sorted in a few days or 1-2 weeks maximum. You’ll get your card sent to you together with a pin code that you would use for transactions. Be sure to set up Mastercard Securecode to keep safe during online transactions. This is a code that you can use to verify your purchases online.
When you deposit for the first time, you’ll have to enter your full card details, card number, CVV-code, expiry date, and cardholder. The second step would be to enter your Mastercard Securecode to verify that it’s you doing the purchase.
One of the best things with Mastercard is that it’s accepted on most online casinos, and you’ll be able to deposit in your local currency Indian Rupees which removes any potential currency exchange fees which otherwise would cut a big percentage of the deposit.
Some live casinos don’t offer withdrawals back to your Mastercard but if that’s the case you can easily withdraw using a bank transfer instead.
How to deposit with Mastercard
To deposit with Mastercard is quick, safe, and easy!
Start with heading to your favourite online casino and follow the steps below. Usually, after your first card transaction, the details will be saved in the cashier which will make the second deposit much faster.
Steps on how to deposit with Mastercard
- Open the cashier at the casino
- Start with filling in your card details. You’ll need to enter Card number, Name of cardholder, CVV number, and expiration date.
- Mastercard Securecode will be shown, enter the OTP code that you receive by SMS, and continue.
- Deposit should now be done and you should instantly see the deposit in the cashier.
Sometimes the deposit fails, usually this is either due to incorrect card details or else the bank does not allow gambling transactions. Make sure you entered the correct details, that you have enough money on the card, and otherwise contact your bank to clarify what the issue is.
FAQ Mastercard debit and credit cards
A majority of Indian online casinos accept Mastercard, you can find a list of the online casinos in this article.
Yes, it’s very safe, Mastercard Securecode makes it even more safe if turned on.
No, but some casinos might charge a small fee for Mastercard debit and credit cards.
Mastercard doesn’t have a minimum deposit, however online casinos do have one. Usually it’s around ₹500, to ₹2000.
Yes, Mastercard will use the local currency from your bank as long as the casino has Indian Rupees as currency.
Published on November 9, 2020 by Matt Brown. Last updated: January 1, 2022