Maestro is a debit card payment service provider, which works under the aegis of MasterCard, which is a world-renowned international payments facilitator. MasterCard, along with Visa, American Express and Discover dominates the card payment industry and develops the core technology for international payments gateway.
Maestro is a brand of debit cards, through which users can make payments from their bank accounts. Below you can find a frequently updated list of the newest Maestro casinos.
Note: UK players can no longer use cards when making transactions to or from an online casino.
+ Widely accepted over a number of retail and online businesses
+ Simple to use and a convenient way to carry money.
+ Instant payments across international markets.
+ Cross-currency payments.
+ Highest standards of security.
+ Can be used to deposit and withdraw funds from online casinos.
– Banking information has to be shared with online casinos.
– Merchants and banks are charged, which is indirectly charged from the end-users.
|Company Name: MasterCard Inc.
Supervised by: –
Transaction Time: Instant on Deposit – 1 to 3 Days on Withdrawal
Min Transaction: 10 $/£/€
Deposit Fee: Normally $/£/€ 0; some casinos may charge up to 5%
Address: 2000 Purchase Street, Purchase New York
Phone Number: 1-636-722-7111
Security: 4-6 Digit PIN code
Currencies: All major currencies
Max Transaction: Set by the bank and the casino
Withdrawal Fee: Normally $/£/€ 0; some casinos may charge up to 5%
The main advantage of using a Maestro card at an online casino is its wide acceptance. Almost all new casino sites accept card payments through Maestro, Visa and MasterCard. To use your Maestro card at an online casino, first, make sure that card payments are accepted at the online casino. Then head to the “cashier” section and select deposit funds. Enter the amount you want to deposit and also any promo code that may be applicable. You will then be given a series of payment options like card payments, online banking, e-wallets, pre-paid cards, etc.
Choose debit card payments, and then click on the Maestro logo. After finalizing on the payment gateway, simply click on “proceed/deposit” and you will be redirected to your bank’s main server, through a Maestro gateway. You may have to enter your PIN/password to validate the payment. After the payment is confirmed, you will be redirected back to the online casino’s main page, where you should see the fresh funds.
Card transfers via Maestro cards are free of charge for the end-users and payments are processed instantly. In some cases, online casinos may charge you extra for depositing funds via card payments. Sometimes, international payments may take up to 5-7 minutes to process. Payments made by US-based players to online casinos will not be processed through MasterCard/Maestro/Visa or American Express cards. US players are prohibited from using any US-based financial institution to fund online casinos. Only European, Canadians and some Asian citizens are allowed to fund their new Maestro casinos.
Maestro debit cards have been in existence since 1966. It had a long and eventful history, during which it became a household name for millions of worldwide users. The first card that the company introduced, in 1966, was called Interbank Card Association. It was meant to simplify payments within 4 big banks of the Eastern Coast of the US. The four original banks behind the Maestro card were United California Bank, Wells Fargo, Crocker National Bank and the Bank of California.
Fast expansion in the 1970s
The first tranche of expansion came about in the 1970s, when the card was renamed as Master Charge, The Interbank Card, and partnered with all major national banks of the US, including First National City Bank and HSBC. The fundamental re-branding happened in 1979 when the card was renamed MasterCard International.
In the same year, its network had spread out to Europe, with a merger with EuroPay International, Europe’s largest credit/debit cards association. The current symbol of Maestro was developed during this period as a vein diagram with two (one red and one blue) overlapping circles. The logo went several simple changes but retained its original form.
Taking on new markets
The arrival of the 21st century marked a tremendous expansion for the merged entity, which expanded into Australia, Japan, China, India, and all other major economies of the world. According to 2015 data, there are 680 million active Maestro cards, across 100+ countries, and is accepted at more than 17 million retail outlets and 6 million online websites. Every second, Maestro watches over $13 million worth of transactions, a number that is only growing. Even with such a huge scale, the company manages to offer an instant transfer of funds with utmost security.
The growing popularity of Maestro cards is due to their wide acceptance and the impregnable trust people have in its institution. Maestro debit cards are issued by banks and other financial institutions, which are linked with MasterCard’s network of payment gateway. Maestro only issues debit cards, which are backed by real money in real accounts. Maestro doesn’t have credit card issuing capacity, but it does offer Maestro Prepaid Cards, which can be used without being linked to a bank account.
A Maestro prepaid card can be used for giving gifts, travelling to a foreign country, limiting excess expenditure, or making payments without having a bank account. Maestro prepaid cards also ensure full anonymity as it doesn’t require any personal information to process payments.
MasterCard is at the forefront of banking security and invests heavily in protecting its users. It uses Point-to-Point Encryption (P2PE) Payment Technology, Host Card Emulation Technology, Artificial Intelligence for recognizing fraudulent patterns, Transactions Auditing, etc. to provide a holistic security cover. Maestro Card transactions are additionally backed up by your bank’s security framework, which adds an extra layer of protection. In case you physically lose your card, your card can be deactivated just within 10 minutes.
You have to contact your bank if you lose your card. Carrying a lot of cash can be a big headache. To avoid carrying a lot of cash, the best way is to go plastic and use a debit card. Maestro cards enjoy wide acceptance across the globe, which makes them a convenient choice for going cashless. Moreover, you can use your Maestro Card to withdraw cash from any local ATM.
Convenience- Using a Maestro card for making payments is simple and straightforward. You don’t have to remember your banking details, and only a single four-digit PIN is enough to use your bank account. Simply swipe your card, enter the PIN and you are good to go.
Moreover, you won’t be charged for making payments as they only charge the merchants for using their gateway. Tracking your spending- You can access all your transactions made through your Maestro card, by approaching your bank for a payment history/ bank statement. You will get a detailed analysis of all your retail and online purchases.
Casino Payment Specialist
Ryan Spencer stands out as an expert Casino Payment Specialist, deeply versed in the nuances of online casino payments. He's an authority on a range of payment methods, ensuring players can effortlessly handle deposits and withdrawals. Ryan is dedicated to offering secure and convenient transaction solutions, keeping abreast of the latest industry trends and technologies.