MasterCard is one of the best known payment method around the world, including India. With its low fee charges and secure payments, MasterCard is the number one payment option for online cricket betting for Indian players. Read more about it here.
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MasterCard is one of the best known payment method around the world, including India. With its low fee charges and secure payments, MasterCard is the number one payment option for online cricket betting for Indian players. Read more about MasterCard and how you can use it at your favorite online cricket betting site in India.
Online cricket betting has never been more accessible, and MasterCard is one of the methods that make it as smooth as possible. This renowned payment processing system ensures top-notch safety and convenience. So, here is why Indian punters should consider this option next time they visit an Indian cricket betting site.
Online Cricket Betting in India with MasterCard
In essence, MasterCard represents a global association of banks and financial institutions. With a long-lasting tradition and impeccable integrity, this brand has managed to spread all over the globe. Believe it or not, as many as 25.000 banks are a part of the MasterCard framework!
Well, the Indian banks have also partnered up with MasterCard. In other words, the distinctive logo of two overlapping circles can be found in the Indian subcontinent as well. The vision of this brand is a “world without cash”, but this is just the tip of the iceberg when it comes to MasterCard.
Either way, Indian players have nothing to worry about. Fast and secure, this banking option can let you make deposits and withdrawals in a hassle-free manner.
What makes MasterCard the Best Banking Method for Online Cricket Betting?
As we said, the red and orange circles are a well-known sight. No matter where you go in the world, MasterCard seems to be there already!
Of course, this is no coincidence. No banking method would gain such status if it didn’t provide clients with a range of benefits. So, let’s take a quick look at some of the notable qualities of MasterCard:
The leaders in the banking world always have to think ahead of the competition. MasterCard is fully aware of the need for constant improvements and they are always looking for ways to enhance their products. In other words, constant innovation is a mantra over at the HQ of MasterCard in New York.
Efficiency and Speed
In today’s day and age, clients can be impatient and demanding. For that reason, banking methods need to as effective as possible. Well, MasterCard offers top speed when it comes to financial transactions. Also, the process is super simple, which should be music to the ears of Indian cricket bettors.
Fees and provisions can take a big bite out of your bankroll when trying to start a career in cricket betting. Thus, it’s always good to avoid them or to reduce them to the minimum. As it turns out, one of the most important benefits of using MasterCard is the possibility of making transactions with low fees. What’s more, some payments can be free of charge.
Security and Safety
Protection of your hard-earned rupees should be the number one priority at all times. For that reason, the option of using MasterCard seems like a great choice. After all, this payment processing method is a global brand with lots of integrity in the industry. At the same time, MasterCard is always working on improving their anti-fraud measures and techniques.
How to Set up a MasterCard account for Online Cricket Betting?
No matter if you decide to go with a credit or debit card, MasterCard has got you covered. When it comes to Indian banks, MasterCard is widely accepted. Some of the best banks you could use to get a MasterCard credit or debit card are Bank of India, Canara Bank, or the Central Bank of India.
Either way, the process of setting up an account for online cricket betting is fast and straightforward.
The process starts at the bank, where you should file a request for the card. Once you receive it, you should log in to your account and choose MasterCard as a banking option. Then, enter the personal information and card details.
Identity verification is an obligatory step during the setup. So, prepare some relevant documents and have them by your side. For instance, Indian bettors could use their passport, driver’s license, and so on. In some cases, utility bills or bank statements can be of use.
And that’s it! After that, you’ll be ready to deposit and withdraw the funds from an online cricket betting site in India. Here is how that works.
How to Place a Bet at a MasterCard Cricket Betting Site?
With the rise of online cricket betting in India, more and more punters are looking for ways to join the party. By using the MasterCard, punters can fund their accounts and start cricket betting for real money.
Making a deposit with MasterCard
As we said earlier, MasterCard is well-known for enabling fast and swift money transactions. Therefore, punters should be able to make deposits at Indian betting websites in a flash. Moreover, the best online cricket betting sites will not charge a fee for the deposits!
As a rule of thumb, the minimum amount you can deposit with MasterCard is 200-300INR. The maximum amount varies from one website to the other.
Making a withdrawal with MasterCard
On the other hand, withdrawals can be a bit tricky when it comes to online gambling in India. To be precise, Indian banks may block incoming transactions due to fears about the legality of online gambling in India. Yet, most websites will find a way around this issue.
Nonetheless, it’s best to check with the bank whether they will accept the transactions. Otherwise, you could consider alternative options and avoid withdrawing the funds directly. If the bank allows withdrawals through MasterCard, the process is fast and safe. In 2-3 working days, you should see the cash in your account.
The minimum and maximum amounts of withdrawals can vary from one betting website to the other. Likewise, the fees may be different as well. Yet, the process has one thing in common – every betting site will perform an extensive identity check on the first attempt on making a withdrawal. Don’t worry, this is only a precaution and it should be a one-time thing.
Can you Bet Online at a MasterCard Cricket Betting App?
We already said that MasterCard is a conglomerate that always has its eyes on the future. Since mobile gambling is the future when it comes to the gambling industry, it is easy to see why MasterCard supports mobile betting.
What’s more, MasterCard signed an exclusive partnership deal with Apple back in 2014. As a result, MasterCard has become the default banking method in mobile wallets on the top iPhone models.
So, the answer to the question would be: Yes, MasterCard allows online betting. As long as the website in question has a mobile app, you can make deposits and withdrawals through your MasterCard credit or debit card.
MasterCard Customer Service
Customer satisfaction is of the utmost importance in today’s business world. Needless to say, the same applies to the Indian cricket betting community. If the website does not offer high-quality customer service, the punters will find a new site for betting on their favorite cricket teams.
So, what to do if you experience problems with MasterCard in India? First of all, you should contact the website itself and check if they can be of assistance.
If the problem is out of their jurisdiction, the next stop should be your Indian bank. However, MasterCard has a dedicated webpage for Indian users, and this site can also connect you with the bank. Also, there is a comprehensive FAQ section available on this page, as well as a concierge. In other words, you can contact the support through a live chat feature.
On top of that, clients can call an emergency phone 000-800-100-1087. This number is toll-free and MasterCard representatives should be able to help if your card gets lost or stolen.
The History of MasterCard
MasterCard is one of the oldest payment processing methods in the world. In fact, the history of this brand starts all the way back in 1967. At the time, the BankAmericard (nowadays known as VISA) was facing no competition whatsoever and the popularity of this card was huge.
So, to compete with BankAmericard, several high-profile banks in America decided to form an alliance. As a result, the Interbank Card was born. In 1979, the company changed its name to MasterCard.
During the 90s, MasterCard was super busy with making acquisitions and spreading its network. For example, they acquired the giant Europay in 2002. To be honest, the expansion of the empire has been always on the agenda when it comes to MasterCard. This enormous brand shows no signs of stopping, and Indian bettors could benefit from this fact as well.
Is MasterCard a Reliable Banking Method for Online Cricket Betting in India?
The global presence of MasterCard speaks volumes about the powers of this conglomerate. Millions and millions of clients all over the world have been using MasterCard for decades. So, why shouldn’t you? MasterCard in online cricket betting sites in India is a reliable and safe option. On top of that, this banking method is efficient and fast. In essence, there is no reason for you not to exploit the benefits offered by this money processing system.
All your questions about MasterCard answered below.
Yes, MasterCard is widely accepted by online cricket betting sites in India.
Yes, Indian betters can opt for MasterCard when betting on cricket.
Yes, MasterCard is one of the safest banking options you could find in an online betting site in India.
Among others, the best cricket betting sites for Indian players are 10Cric and Betway.
Deposits through MasterCard are only possible if you have a valid bank account.
In order to withdraw the cash through MasterCard, you should check if the bank accepts transfers from gambling sites.
The legality of online gambling in India remains an issue open for interpretations. As a rule of thumb, betting in India is legal.
Cricket betting sites in India often do not charge fees for transactions. Yet, MasterCard may charge a small fee (2-3%).
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