There are loads of payment methods we can use in the online gambling world. Some obvious examples are Visa and Mastercard. Others prefer using digital wallets like PayPal or Neteller.
However, we’d like to give a shout-out to a specific payment method that’s popular with many online casinos worldwide: Maestro.
What is Maestro, and why is it so popular among online casino players? That’s what we’re here to know as we learn more about this popular payment method.
What Maestro Is
For those who don’t know, Maestro is a debit card brand introduced by Mastercard in the early 1990s. We can use a Maestro card for many activities, like in-store payments or withdrawing cash at a cash machine. Depending on the associated bank, we can also use them for online payments.
An associate bank issues a Maestro card and links it directly to our checking accounts. Once we make a payment, that transaction is tracked to our linked account. The amount is then taken from the balance.
Since Maestro is part of Mastercard, it’s easy to see why we would confuse the pair. One crucial difference is that the Mastercard can be a debit, credit, or prepaid card. We can only use the Maestro card as a debit card.
Why Is Maestro Popular Among Online Casinos?
Now that we know what a Maestro card is, it’s time to learn why this card is a popular payment method among online casinos and their players.
The Maestro card can be used for various activities, and playing online casino games is one of them. So, what method could be better than the Maestro card?
There are loads of online casinos that accept Maestro as a payment method, and we can play various fun games there. Maestro casinos with amazing offers are especially brilliant at keeping us entertained and hooked on the games and bonuses.
Depositing at online casinos is easy, safe, and convenient. We also don’t have to worry about our personal information being stolen when depositing our money. That’s because retailers or card issuers don’t store our PIN or CVV codes.
Transactions are quick at Maestro casinos because our banks electronically approve or reject them. If approved, our deposits will appear in our gaming balances within minutes!
Why Else Are Maestro Cards Popular Among Online Casinos?
So many online casinos use Maestro as a payment method. Why would that be? What other reasons would there be for loads of online casinos to Maestro as a payment method? There could be plenty more reasons this is the case.
Available in Many Countries
Mastercard is an international company. Since they made the Maestro card, it makes sense to realise that Maestro (like its parent company) is also an international payment method. How many countries use Maestro as a payment method?
As of late, 93 countries across the Americas, Europe, and Asia accept Maestro as a payment method. Among those 93 countries, there are around 400 million global cards in circulation. The Maestro card is even issued in banks from over 100 countries worldwide!
There are loads of online casinos available for access in many European countries, especially western European ones. The Maestro card is also famous and beloved among Europeans. Europeans love Maestro so much that they recommend using a card as a payment method.
With this knowledge and the ease of access, we can see why loads of online casinos would use Maestro as a payment method.
Safe Transactions We Can Easily Track
As our world becomes more digital, we feel like there’s less desire for physical cash. That’s why more people are paying for things via debit or credit cards. However, the last thing we would want is for our personal information to be at risk, especially when we’re at an online casino.
Thankfully, we won’t have any security concerns with a Maestro card. Both Maestro and Mastercard use the same security protocols when processing credit cards. That’s because Mastercard is Maestro’s parent company.
What this means is that dealers (mainly online casinos) must use the 3D Secure protocol. This protocol comes in an OTP form or another verification on a third-party website.
Since Maestro cards are debit cards, transactions are directly deducted from our checking accounts. So, this makes tracking our spending easy. That way, we won’t spend too much money.
Funds are also directly wired from our checking accounts to a dealer’s account. Thus, the dealer is guaranteed to receive payments for selling products and services. For online casinos, they get their payments via fun casino games and deposits.
Transaction Complete
We’ve got loads of payment methods to use at online casinos, but Maestro remains a popular one for many reasons. Many casinos accept them, it’s available in 93 countries, and transactions are safe and easy to track.
The post Why Maestro is a Popular Payment Method for Online Gaming first appeared on BusinessMole.
