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MasterCard Debit: Frequently Asked Questions
We wouldn’t be able to say if one method is better than the other as it is a judgment call that every player should make on their own. One major detail that separates the two of these payment methods is the fact that with MasterCard Debit, funds are deducted from the checking account and players gamble with the cash that they have. MasterCard Credit allows taking a loan from the bank to gamble, which means that this loan will need to be repaid eventually.
While MasterCard does not have specific restrictions since it is a mediator between a bank and a merchant, it is a bank that may allow or restrict players from using MasterCard Debit to gamble online. Players from the USA know all too well that they will most likely be able to use the card for online casinos that have licenses from the USA. When it comes to offshore gambling platforms, e-wallets may be an easier option.
MasterCard keeps track of all transactions so yes, they will appear on the statement. Whether they will be marked as those related to gambling or not may depend on a chosen live dealer platform. The help desk representatives can provide more details.
MasterCard Debit charges merchants for casino deposits but may add fees for casino withdrawals. Each online operator usually has a Help section that elaborated on all payment charges.