Maestro is a debit card provided by Mastercard. In terms of financial solutions, Mastercard is one of the absolute largest players. You have many different cards that you offer customers and can specifically link them to different banks. Mastercard itself does not issue cards but you have to apply for these at your bank. Often banks cooperate with a specific card provider so the easiest way is to check with their bank if they provide the card. The Maestro debit card is a so-called online card. This means that it is directly linked to a bank account online. There is thus no opportunity to trade anything on credit or any form of part payment with the card. There must always be financial coverage in the bank account to which the card is linked in order to be able to trade.
This is a well-known payment card and there are thus plenty of casinos that accept the payment method. The card can be traded in over 13 million stores worldwide. Maestro is found in more than 100 countries and it is estimated that there are around 1.9 million ATMs that accept the card worldwide. Since the card cannot be overdone or traded if there is no coverage in the linked bank account, this debit card is considered suitable for younger people. Many parents believe that this charge card is suitable for their children as it is significantly safer than having cash while there is no risk of it being abused. It is now easy to check the balance if you have an Internet bank or an application on your mobile.
It is also common for this debit card to be used even when children become adults. This is quite natural as many times no other card is needed and there is some security in not being able to spend money on one’s own assets.
Use of Maestro in Online Casinos.
This debit card is accepted by many online stores and casinos. Because the Maestro card is part of the Mastercard, it is considered to be secure and reliable. Of course, you can only trade or deposit if you have coverage in the bank account to which you have linked the card. There are still some sites that do not accept the card, but most major players now support this type of payment.
You can usually report if you want some form of verification used when the card is used online. This is usually done at your own bank and is usually found in “card management”, “services”, “verification” or similar. This usually means that you have to create a personal code that must be entered when you shop or deposit online. You can often use a BankID on file or a mobile BankID to verify card payments on the Internet. This, of course, means that security is greatly improved as there is always a risk of releasing card numbers on the internet.
When you shop in an online store or deposit money at a casino you need to enter all the information on the card. This means that you have to enter the full card number, the name that is on the card and when the card expires in date. For this you also need to enter the three-digit code on the back of the card. Many casino sites and convenience stores have the opportunity to save this information so that at the next deposit you only need to enter the three-digit code on the back of the card. Of course, you must enter the verification if you have reported that you want to use one.
Deposits and withdrawals at online casino.
Many casinos accept Maestro as a payment method . However, there are exceptions and this is mainly due to the country in which the casino is registered. Since many people have this particular credit card, it is a little in the interest of the gaming companies that this payment card should be one of the payment options. However, many casinos require that the card be verified in some way before it can be used as a payment method. This can be through your own verification or by submitting documents proving that you are actually the owner of the debit card. A charge can be applied when making a deposit with this debit card. How much depends entirely on the gaming company but it is more common with a fee one does not.
The most common thing in online casinos is that you can only request withdrawals to the card or bank account with which you have previously made a deposit . This of course also applies to this debit card. There is usually a limit to how much you can charge per occasion. Usually, this amount is equal to what you allow on deposit. Different gaming companies apply different rules and this may result in a charge for withdrawal to the debit card. The easiest way is to review the rules that the gaming company applies when using this debit card.
However, most gaming sites require the card to be verified the first time you make a withdrawal from this debit card. Most often, you then need to submit documents that confirm that you are the owner of the card. Nowadays you can do this completely electronically on most pages. The gaming site must then approve this, which usually happens within a day. Again, it may be good to check the rules and conditions that apply to the current game page. Withdrawals that are approved usually reach the account after one to three days. However, one should be aware that some casino sites take longer to approve withdrawals to this debit card than other deposit options.
Advantages and disadvantages of using Maestro on casino sites.
A big advantage of the card is that you can only use money that you actually have to play with. This in itself can be good in terms of gaming responsibility. One risk with credit cards is that deposits can be made if you have a credit agreement. This is avoided with this payment method as you can only deposit money into your gaming account which you have coverage for in your own bank account. One disadvantage is that some casino sites do not accept this type of debit card. However, there are many sites to choose from and one can surely find a good casino that receives the card.
This card is also an advantage in terms of security. When you have the opportunity to use verification and some require, the risk that the card can be used by someone else is minimized.
One disadvantage of the card is that most casino sites charge a fee when using the card. This, as a player, is of course to be avoided. It can be especially expensive if you have to pay a fee for both deposit and withdrawal with the card.
The fact that there are often deposit limits with this debit card need not in itself be a disadvantage. This can also be positive as you are not able to deposit large sums in too short a time. In other words, this can promote responsible gaming. However, it must be seen as a disadvantage that many online casinos also have a limit on how much you can charge to the card.
Maestro compared to other payment methods on online casinos.
There are a variety of payment options available on online casinos. On the whole, there are better options than Maestro. This is mainly because everyone does not accept the card and there is often a charge. Almost all deposits are made immediately regardless of which option you choose. However, it varies greatly in how fast a withdrawal goes. Debit cards usually take a couple of days and there are now alternatives such as bank transfers that take place immediately which is more enjoyable. Since this debit card is connected to a bank account, it may be more appropriate to make direct transfers from the bank account directly instead. Then you usually avoid fees and also get significantly faster withdrawals.