Mastercard Casinos UK
Why should you gamble in the United Kingdom with Mastercard? Learn more in our guide and explore our updated list of the best Mastercard casinos for 2022.
Even in many places where individuals don’t commonly pay for online purchases using credit cards, many users may have access to a bank account. This isn’t always the most convenient way to make purchases or deposits, however, leading to a number of intermediaries who serve to connect players with merchants who want to accept their business.
One great example of this is Lobanet, a system that allows for direct payments from a player’s bank account right into a casino balance. Offering fast, secure, and trusted transfers, this is an excellent option for players who can’t access more traditional deposit methods.
Because of its reach, this system is offered by a fair number of Internet gambling sites, some of which are better than others. Our team of industry experts has narrowed down these websites to a list of the five best for our readers, all of which share the following benefits:
Lobanet is short for Local Banking Network, a system that has more than 13 years of experience in processing payments directly from banking accounts throughout Latin America. The network has built a lot of trust throughout Central America and South America. Countries covered by the system include Argentina, Brazil, Chile, Mexico, and Uruguay, among others. There’s also a 24/7 customer support system that exists to help users, merchants and banks resolve any issues that come up during transactions via this method.
In order to make a deposit through Lobanet, you will first need to have an account at a bank that participates in this program. Secondly, you’ll need to sign up at one of the many prime casinos that accept deposits through this method. Other than that, no new accounts or third-party services are required.
Once you’re ready to make the transfer, log into your gaming site of choice and access the banking or cashier section. There, you should find this listed among the many other methods available for deposits.
Once you’ve chosen this option, you’ll want to specify how much you plan to transfer into your balance. After confirming this, you’ll need to pick your country and the name of your bank from a drop down list. Again, if your bank does not participate in this system, you won’t be able to make a deposit this way.
After you’ve submitted this information, you’ll be presented with details of your transfer. You’ll be told exactly how much you need to send (and in what currency), as well as the bank, account number, reference number, and tax ID if necessary. You’ll want to note these details, as you may have to enter some of these manually late in the process.
Next, you’ll be referred to your bank’s web page, where you’ll have to make a transfer using the information that was provided to you earlier. Once you’ve confirmed all the details and sent the payment to Lobanet, the money will be sent into your gambling account. This should take only a matter of moments, after which you’ll be able to start playing with the funds in your balance.
One of the best reasons to choose Lobanet is the level of trust and security you get through utilizing this payment method. There’s nothing like using your own bank’s online systems, which you’re likely already comfortable and familiar with, to process your payments. These transfers are protected by the same state-of-the-art encryption and security features that protect all international banking transactions, something that is hard to duplicate anywhere else.
If there is one downside to trying this option, it is that there’s a little more manual work required than in many deposit options. You’ll have to make note of some information and enter it manually, which can be cumbersome for some users. However, this is usually only a minor inconvenience, and overall, this method is still a fast and simple way to get money into a gambling site.
Where Can I Use This Method?
This method is utilized in a wide range of Latin American countries. Participating nations include Argentina, Brazil, Chile, Mexico, Peru, and Uruguay, among others.
Are There Any Fees?
There are no fees charged specifically by Lobanet for these transactions. However, be aware that some banks may charge their users a small fee for transferring funds out of their accounts.
Can I Use This For Withdrawals?
Unfortunately, this method is only available for deposits. When it comes time to cash out your winnings, you’ll need to choose a different way to get your money, such as an e-wallet, direct bank transfer, or a check.
Already have an account? Sign In