Mastercard Casino: How to Use Mastercard at Betiton UK

Nowadays, online casino players have so many different banking options that you can choose from, but some are better and more popular than others. One of the most popular payment methods for punters in the UK nowadays is Mastercard, which is accepted in over 200 countries across the world and by more than twenty million companies, so it makes sense for us to provide it on our Mastercard casino.

The majority of online casinos that you encounter will accept Mastercard as one of their banking options, and in this review, we are going to guide you through everything that you need to know about it. By the time you reach the bottom of this page, you will know whether Mastercard is the method that you want to use to deposit and withdraw money at Betiton.

💰 Minimum MasterCard Deposit	£10
💳 Maximum MasterCard Deposit	£5000
💸 Minimum MasterCard Withdrawal	£10
💼 Maximum MasterCard Withdrawal	£7000

What Is a MasterCard?

Mastercard is the second biggest payments network in the world, with only Visa being ahead of it. Mastercard makes use of its global payments network to facilitate money transactions that involve the Mastercard holder, a merchant, and their financial institutions. To put it another way, a Mastercard is any kind of electronic payment card that makes use of Mastercard’s network to process transaction communications.

When people think of Mastercard, the majority will automatically start thinking about credit cards, but Mastercard actually comes in many different guises, and we are now going to take the time to look at the main ones below.

Mastercard Debit Card

Debit Mastercard is a type of debit card that is offered by Mastercard. Since it is a debit card, you do not have a line of credit that you can spend, you only have whatever money you happen to have in your bank account. Many people prefer debit cards to credit cards because there is no chance of spending money that you actually do not have. In other words, there is no possibility of living outside your means when it comes to a debit card – if you do not have enough money on your debit card for something that you are trying to buy, the transaction will not go through. 

If you own a Debit Mastercard, then you will be able to use it at millions of merchants around the world, and you can certainly use it to deposit and withdraw money at a Mastercard casino UK such as Betiton. A great thing about Mastercard is the security that they offer their customers – all purchases are backed up with a Zero Liability Protection, so they will not hold you responsible if someone manages to make fraudulent payments with your card.

Prepaid Mastercard

A prepaid Mastercard is simply a card that you can top up with money. Once you have topped it up, you can use the card to make payments wherever Mastercard happens to be accepted. This type of card is popular due to the fact that you can only spend the money that you have on the card, which means that they are great for keeping a handle on your finances. If you are the type of person that cannot help but spend money when you have it on hand, then perhaps a prepaid Mastercard is something that you need to think about getting in your life. 

MasterPass

MasterPass allowed its users to upload their payment card details to a digital wallet, and this could then be used to easily make payments on a mobile device in-store or a desktop device at an online store. This digital payment service meant that users did not have to worry about carrying around their physical card in order to make payments. A user’s safety was ensured by a fact that a password had to be entered before any transaction was authenticated.

Why are we speaking in the past tense here? Well, it is because MasterPass has not existed since the middle of 2020. A few years ago, Mastercard joined up with Visa, American Express, and Discover to develop a payment system that is called “Click to Pay”. Although it now has a different name, the concept is more or less the same – you can make payments without having to carry around a physical card or repetitively input your card details.

Mastercard App

Fast, convenient, and secure payments is what we are all looking for in life, and the Pay by Bank mobile app is something that allows exactly that since it gives you the option of paying directly from your phone’s banking app. The great thing about Pay by Bank is that you do not need to download a new wallet or app since Pay by Bank will be automatically available in your bank’s app.

So, how does it work? Well, when you are checking out to make a purchase online, simply click on the “Pay by Bank App” option, then log into your bank’s mobile app, check out what your current balance is, pay securely, and the transaction is complete. It really could not get much simpler than that.

Mastercard Pay with Rewards

For those of you who are new to credit cards, many credit card companies will award their customers points or cashback depending on how much you spend. Some will even reward extra points if you are debt free and manage to pay off your card each month. Mastercard’s Pay with Rewards is a feature that gives you the option of spending any points that you have accumulated like cash at merchants that accept Mastercard as one of their payment methods. However, it’s very important to note that for online casino purposes, credit cards can’t be used. Since April 2020, credit cards have been banned from online casinos.

Mastercard Send

Mastercard Send has become an important part of Mastercard’s mission to power and connect a digital economy that benefits all by ensuring that every transaction is simple, safe, and accessible. Alongside Mastercard Cross-Border Services, you will be able to reach over 100 countries and 50 different currencies, giving you access to more than 90% of the globe’s population via a single and secure global platform.

The Mastercard Send feature allows real-time and secure payment transactions from and to billions of cards, digital accounts and banks around the world. Mastercard Send users can modernize how they go about sending money, both domestically and internationally, making the money available to its recipients almost right away.

How Does Mastercard Work?

So, how does Mastercard work exactly? Well, for every sale that is made, there are usually different banks that are involve – your own bank and the bank of the seller or retailer. Mastercard, as a payment network, allows this transaction to happen, so when you make the payment, the money will seamlessly leave your account and be transferred into the account of the seller or retailer.

At the start of 2023, the net worth of Mastercard has been estimated at around $350 billion, but how exactly does the company make all of this money? Well, the vast majority of their revenue comes in the shape of fees that are paid by their customers, who are not your everyday consumers. No, Mastercard’s main customers are big financial companies such as banks that pay a fee in order to issue debit and credit cards that have the famous Mastercard logo on them. 

Mastercard Withdrawal Time

What are the Mastercard withdrawal times at a Mastercard casino UK? Well, the answer to such a question is that it will depend on the casino Mastercard that you have decided to open an account with. Not all online casinos, as we are pretty sure you know, have been created equally, so one online casino might have you waiting long for your winnings than another one.

However, if you decide to open an account with Betiton UK and you request a withdrawal via Mastercard payout, then you will need to wait between 1-6 business days before you receive the winnings that you have requested.

If it is imperative that you get your winnings as quickly as possible, then we would not recommend that you make use of Mastercard, or any other card banking option for that matter. When it comes to fast withdrawals, you should make use of e-Wallets such as Skrill, MuchBetter, or Neteller since you will receive your winnings within 1-2 days.   

Mastercard Casino Payment Limits

Different banking methods will come with different payment limits, and in the table below you can see the minimum deposit and withdrawal amounts for those who opt to use Mastercard at Betiton UK: 

How to Make a Deposit with Mastercard at Betiton UK?

In order to deposit money at a casino that accepts Mastercard in the UK, you will obviously have to have an account with that casino. Therefore, to start with, we are going to give you a guide that shows you how you can set up an account with Betiton UK – as this Betiton guide shows, it is a pretty simple process that should not take you more than a couple of minutes.

1. Click on the “JOIN” button on the left
2. Provide your email address and choose a unique username and strong password
3. You will then be required to give over your first name, last name, house address, date of birth, and your phone number
4. Click on “Open Account” and you have yourself a new Betiton account

Once you have your Betiton UK account set up, you are free to deposit some money into the account so that you can play the casino games that they have available. Below is how you can go about depositing money using Mastercard: 

1. Go to the deposit section and choose Mastercard as your preferred payment method
2. Enter your card number, CVV, expiry date, your name, and the amount that you would like to deposit
3. Once your payment has been submitted, the deposited money should appear in your Betiton account right away

How to Withdraw from Betiton UK with Mastercard?

We are glad to be able to tell you that if you play at a Mastercard casino in the UK such as Betiton, then you will have no issue when it comes to making withdrawals. We should stress here that some debit card betting sites that accept Mastercard for making deposits do not allow you to withdraw money using your Mastercard. This can end up being quite annoying because you then have to familiarise yourself with another banking option in order for you to withdraw any of the money that you have won. However, you will be glad to find out that Betiton UK allows our customers to make withdrawals using Mastercard too.

So, you have played some of your favourite casino games and have managed to win some money that you would like to withdraw using your Mastercard. Follow the steps below in order to withdraw any winnings that you make from your account. As you will see, it is pretty similar to the process that is required to deposit money: 

1. Head over to the withdraw section of the casino and click on Mastercard as your preferred withdrawal method
2. Enter all of your vital card details and then input the amount of money that you want to withdraw from your account
3. Click on “Withdraw”, and we will start processing your request. While deposits are instant, withdrawals take longer, and you will need to wait between 1-6 working days before your winnings are available to you to make use of.

Advantages and Disadvantages of Using Mastercard when Gambling Online

MasterCard offers numerous advantages, yet like any payment method suitable for casino transactions, it also has its downsides. Before deciding on a banking option for your casino dealings, it’s crucial to weigh the pros and cons carefully. Let’s explore the most significant benefits and drawbacks.

One of the key advantages of using the MasterCard online casino payment system is the ability to access enticing bonuses when depositing via MasterCard. Unlike alternative methods that act as intermediaries between your bank and casino accounts, MasterCard allows direct transfers to and from your bank account. For example, if you were using an e-wallet, you’d need to either keep your winnings in the e-wallet or make another withdrawal to your bank account.

Being one of the oldest payment networks, MasterCard is among the most trusted card issuers worldwide, offering a secure and reliable online payment option. However, many UK casino players may hesitate to provide card details online due to security and anonymity concerns.

➕ Pros	➖ Cons
✅ Highly Secure Payment Method	❌ Can’t Transact with Credit Card in UK
✅ Zero Liability Protection	❌ Withdrawals Can Prove Lengthy
✅ Widely Accepted	❌ Withdrawal Fees
✅ Instant Deposits
✅ Supports Withdrawals
✅ Pay by Bank App Adds Convenience
✅ Mastercard Rewards

Mastercard: Safe and Secure Casino Payment Method

At Betiton UK, prioritizing safety is fundamental. Our website is protected with SSL encryption, and all transactions are conducted through highly secure servers. Additionally, independent entities regularly verify compliance with our security protocols.

When making deposits with a credit card, it is essential that the card is registered in your name. Using another person’s Mastercard is not permitted, as this measure is in place to safeguard you and others from potential fraud. We also offer players the option to set limits on their spending to prevent exceeding their planned budget. These features are easily accessible on the Betiton casino website.

If you are struggling with gambling addiction or are concerned about developing one, we encourage you to explore our resources on gambling addiction in our help section. Here, you will find valuable information, support contacts, and helpful links. These resources are also beneficial for assisting loved ones affected by gambling addiction. Furthermore, initiating a temporary or permanent self-exclusion at Betiton can be done promptly and without hassle. At Betiton UK, ensuring player protection is a core commitment that we rigorously uphold.

FAQs – Frequently Asked Questions about Mastercard Casino