Maestro is a type of debit/credit card issued by MasterCard in which is very popular among businesses from around the world. To date, there have been 666 million cards issued and over 13 million shops and businesses across 100 countries around the world accept Maestro as payment. The Maestro card can either be linked to your personal bank account or be a prepaid card. Whatever the case, the cards are treated like debit cards in which the cardholder can not spend more than what’s in their account or on their card. Maestro is particularly popular for the use of online payments, such as with forex brokers , gambling websites, and various online shopping outlets. Many traders have become accustomed to Maestro as it was the best available funding option for them, however, many banks are now releasing visa debit cards which are becoming a popular replacement to Maestro UK cards.show more
Using Maestro UK for depositing funds into your trading account is easy, fast, and secure. The following steps below outline exactly how to complete a deposit using Maestro.
While the Maestro card is technically a debit card, it is truly more unique and sophisticated than your typical debit card. The card goes beyond the standard features of a regular debit card, thus offering their users numerous benefits. See some of the features of the Maestro Card below.
Versatile – The Maestro card is truly versatile compared to your standard debit card. With Maestro, you can send money, make ATM withdrawals, and use the card for purchasing and payments online and offline.
Security – State of the art technology is used to keep your money safe at all times. While shopping online, Maestro utilizes ‘MasterCard SecureCode’ which gives users added protection against unauthorized use of your card.
Fast – Processing and deposit times are very quick, nearly instant!
Low Fees – The fees involved are generally very low, although this depends on the broker being used.