Mastercard, formerly known as Interbank, is one of the most popular credit/debit card brands in the British Virgin Islands. Established in 1966, Mastercard processes payments between card-issuing banks and the banks of merchants (sellers). In the case of online casinos, Mastercard facilitates deposits and withdrawals.
So, why is Mastercard a favorite among gamblers in the British Virgin Islands?
First, Mastercard is a trusted brand. Since it was founded, it has scaled the heights to become one of the most prominent payment solutions. It is a favorite of consumers; in this case, gamblers and the merchants who are the casino operators.
Another reason Mastercard is popular in the British Virgin Islands is the fast and secure money transfer. Unlike most online payment solutions, deposits are immediate. Funds reflect in the player's casino account in minutes.
Last, Mastercard is relatively cheap compared to the competition. The fintech has a robust infrastructure that allows it to offer affordable transaction costs, so gamblers can enjoy higher bankrolls.