MuchBetter is a new innovative payment method to transact with cutting edge online casinos! No need for accumulating passwords, routing, multiple mobile devices. Everything is controlled through the convenience of your mobile phone!
MuchBetter is a new payment app for iOS and Android devices which allows users to make online and contactless payments via prepaid cards or smartphones. This is an app-based e-Wallet, custom-built for the gaming industry, which allows players to play at their favorite online gambling venues by using their mobile phones. It’s available all across the world, offering low fees, rewards, and most importantly, instant cashouts.
This state-of-the-art payment method has been widely embraced by the fans of online gaming establishments residing in the UK, Germany, and Canada, and it’s becoming increasingly popular among players from other corners of the globe, too. The list of casinos accepting this slick new payment method keeps growing, and it already includes many reputable brands like Royal Panda, 888Casino, and Casumo Casino. If you want to find out more about MuchBetter, keep reading our detailed overview below.
MuchBetter Key Benefits
- It’s all on an App on your mobile phone.
- A multitude of accepted forms of funding – over 50 different currencies, Credit Cards, BitCoin, Skrill, Neteller, the list goes on.
- A loyalty rewards and bonuses. No other payment method provides this benefit to their users.
- Extremely low fees
With an idea to bring a breath of innovativeness into an already functioning and adept payment services market, the creators of MuchBetter have decided to take it up a notch by making an app-based service that acts as a “much better” payment solution — hence the name.
MuchBetter was launched in November 2017 by a London-based company called MIR Limited UK Ltd. Nearly two years after launching the service, it boasts over 300,000 active users and more than 300 merchant sites on board. MuchBetter is now available in more than 170 countries, with a payment transaction being processed every couple of seconds.
Although MuchBetter is still a new kid on the casino block, it has already won numerous enviable awards, like the Innovation of the Year at the Payment Awards 2018 and Rising Star Award by Egaming Review Magazine. Jens Bader, the company’s co-founder, was named one of the most significant contributors to the payment industry.
MuchBetter is available on both iOS and Android mobile devices. The simple registration process allows users to create an account in less than a minute, and immediately start benefiting from competitive exchange rates, instant money transfers, and advanced security measures. What’s more, MuchBetter users can also apply for a Prepaid MasterCard, which is free of charge and doesn’t require any monthly or yearly fees.
How Does MuchBetter Work?
The first step is to download the app to your iOS or Android mobile device. Registration requires users to provide name, email address, home address, and phone number. During the sign-up process, you must also set a PIN to access your account via your mobile number. If you want to get full access to the MuchBetter services, you must provide identification in the form of some government-issued ID.
Once your identification is verified, depositing and withdrawal options will become available. Adding funds to your MuchBetter account can be done via bank accounts, cards, or you can transfer the funds from one MuchBetter account to the other.
MuchBetter app is compatible with Android devices running on version 5 or newer, and iPhones running on iOS 9 or newer version. You can download it at the Apple Store or Google Play Store, and it’s currently available in English, French, German, Spanish, Italian, Russian, Portuguese, with other languages soon to follow.
Funding Your MuchBetter Account
MuchBetter wallet can be funded with a minimum $10 via credit and debit cards (Visa, MasterCard), e-Wallets (Skrill, Neteller), and bank transfers. To transfer funds from your credit or debit card onto your MuchBetter account, you’ll need to enter your personal information (first and last name), the 16-digit card number, CVV security code, and the card’s expiration date.
After the first top-up, you will be required to enter a 4-digit passcode to verify that you are indeed the owner of the card used for transferring funds onto your MuchBetter account. Before verifying your MuchBetter account, you can make purchases up to a maximum of $50.
If you use BitCoin to fund your MuchBetter account, you’ll be asked to fulfill the invoice with a Bitcoin address.
MuchBetter Rewarding System
The provider goes an extra mile to offer additional perks to its customers and makes it a truly rewarding experience. MuchBetter users will receive points for $10 spent on gaming sites. On top of that, the operator gives away $1,000 through a random draw, offering users to win a $100 prize. The points that you earn during the week will place you into next week’s draw where you can earn some lucrative rewards.
MuchBetter Casino Deposits and Withdrawals
Making deposits via MuchBetter is as easy as pie, regardless of the way the money flows. After you’ve selected a casino that accepts MuchBetter, you’ll need to access the cashier to fund your casino account. Next, select MuchBetter as a deposit method and enter your phone number. Afterward, you’ll receive a request in your app that needs to be approved. The deposits are processed instantly, and you will immediately receive a notification of transaction on your MuchBetter app.
Withdrawals work pretty much the same as deposits. First, you go to the casino’s cashier section and request a withdrawal to your phone number. Once the casino operator has processed your request, the money will be credited to your MuchBetter account.
MuchBetter Timeframes and Fees
MuchBetter users can transfer money to friends, pay for goods and services, and receive transfers free of charge. Funding MuchBetter accounts via bank transfers is also free of charge, and it costs only 2% to add funds via BitCoin and 5% to add them via Visa and MasterCard. You will be charged a 0.99% fee when using MuchBetter card to collect cash via ATMs.
MuchBetter payment service charges a 1% conversion fee. When shopping online or traveling abroad, users are recommended to choose to be billed in local currency since MuchBetter applies more preferential rates than most online merchants.
Deposits and withdrawals made at MuchBetter casinos are instantaneous. However, casino operators will first need to process payout request, and that can take anywhere from a couple of hours to several days. Withdrawals from a MuchBetter account to a bank account usually take between 1–5 business days.