Credit cards issued by most financial institutions such as banks are usually made of plastic. However, there are those made of metals, including steel, titanium, and gold.
Such cards are traditionally for VIP clients and come with additional benefits and costs. Some financial institutions offer virtual credit cards, usually for clients who intend to use the credit cards for online transactions only.
Nearly all mobile casinos offer credit cards as a payment method. That is usually in a bid to capture even more clients, given that credit cards are among the most secure and popular payment methods of making transactions.
The benefits of credit cards usually rely quite a lot on the policies of the issuing financial institution. The benefits can be extremely favorable to mobile casino players, which is why most people use them.
Depositing to a mobile casino via a credit card is quite simple. That is among the many reasons many mobile casino players prefer it. The payment option is also available in nearly all mobile casinos, meaning that the players do not necessarily need to start looking for new casinos that offer the payment method.
The popularity of credit cards has made it such that nearly all qualified individuals with good credit ratings can get one. Most mobile casinos also strive to cater to most customers, meaning they have to incorporate credit card users.
Procedure for making a deposit at a Mobile Casino
The actual process of making deposits involves the player logging into his mobile casino account and initiating the transaction from there. The player has to open the deposit payment options and select the credit card option.
From there, he will need to input the relevant credit card details, including name, card number, and CVV. He also needs to input the deposit amount and then authorize the transaction. If everything checks out, the deposit will be made instantly.
A majority of mobile casinos allow withdrawals via credit cards. For such, the funds are usually transferred into the user's account. The player has to log into his mobile casino account and navigate to the withdrawals page to make a withdrawal request.
He has to choose credit cards as the withdrawal option. Doing so will prompt him to fill in his credit card details. The details for a card previously used to make a withdrawal are likely to be saved within the system. That means the player will not need to fill in much information.
Withdrawal processing time
After the withdrawal request is sent, it will take time to transfer the funds into the player's bank account. The time is usually dependent on the mobile casino's policies. In most cases, it takes one to three business days.
The minimum withdrawal amount is typically 10 dollars but can be significantly more in some mobile casinos. All withdrawal requests made with insufficient balance in the mobile casino account are usually unsuccessful. The maximum withdrawal amount is also usually dependent on the casino.
A good number of them have no maximum withdrawal limits, provided the casino can afford the amount. Some have policies that allow them to pay in installments for high withdrawal amounts.
All mobile casinos use the same registered payment method for deposits and withdrawals. This mechanism implies that, if a player chooses a credit card as his primary source of funds, by default, it also becomes associated as his method to cash out money from his account.
For deposits, the procedure is similar to any other mobile payment, and the user gets charged the corresponding amount immediately. However, when withdrawing money, the sum is transferred to the bank account associated with that specific card, which implies a short waiting time of a few days in most cases.
How to use a Credit Card in a Mobile Casino
To be able to use a credit card as a payment method in a mobile casino, it should be registered first in the player's account. The process is easy and fast, as it only involves filling in a form with the credit card information.
As a way to verify the validity of the credit card supplied, casinos sometimes make a small charge to the card after the registration process. Moreover, it is strictly necessary for most reputable mobile casinos to further verify a player's identity with a valid ID, to prevent identity theft and other types of fraud.
Credit Cards accepted in Mobile Casinos
Even though there might be some exceptions, almost all casinos accept credit cards as a valid method of payment for deposits. Visa and MasterCard are the most usual options, but even American Express cards are allowed in some mobile versions of certain online casinos.
The process for registering any of these cards is the same, independent of the service provider, and it is also identical in the case of prepaid and debit cards. Due to identity verification issues, credit cards are the best option for players, as they prevent any inconveniences which might arise during the registration process.