MuchBetter Background Information

MuchBetter was established in 2017. It is an e-wallet app available in more than 180 countries and in 17 different languages. Within a very short space of time, MuchBetter has developed an excellent reputation as a very user-friendly service that is reliable and secure, and it can be used at a huge number of online casinos and other merchants.

In many ways, MuchBetter is very similar to other e-wallets. However, the entire thing is controlled through a mobile app. Furthermore, in addition to offering customers an e-wallet, MuchBetter is also able to provide prepaid MasterCard debit cards, as well as wearable devices, making it a service that can be used in many contexts, both online and offline.

MuchBetter can also be used to carry out money transfers between individuals, in addition to traditional e-wallet uses. Furthermore, the service is free and it can be used to send money internationally. The company is regulated by the Financial Conduct Authority in the UK and it has been ranked as a trusted electronic money institution (EMI).

Despite being a relatively young company, MuchBetter has already received widespread recognition for its work. It won Payments Solution of the Year at the SBC Awards, Innovation in Payment Solution at the EGR B2B Awards, and Best Prepaid Card Solution at the Payments Awards in 2020, and a number of awards in both 2018 and 2019, despite being a newcomer to the online payment scene.

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Advantages of Using MuchBetter

There are many advantages to using MuchBetter. Chief amongst them is the convenience it provides to those who like to play from their mobile phones. Players simply need to download the app, fund their accounts, and then they can make deposits in just a few seconds no matter where they are. Players will need to confirm the transaction from their devices, but there is no need to remember any additional passwords or credentials. Furthermore, while many e-wallets offer mobile apps, none of them has been designed with a mobile-first approach in the same way as Much Better has. This is clear in every aspect of using MuchBetter, resulting in a truly seamless experience for those on the go.

Many people will also benefit from the ability to order a prepaid MasterCard. While this may not be needed for transactions at online casinos, it means that MuchBetter can be used in many different situations, both online and offline. The company can also issue a MuchBetter watch that can be used to make contactless payments anywhere that accepts MasterCard. Users just synchronize the watch to the app and can then make payments in seconds.

The entire MuchBetter product has been designed with security in mind. For instance, the watch will stop working after every five transactions until it has been reactivated from the app. This way, even if it is stolen, thieves will not be able to keep using it indefinitely. Furthermore, MuchBetter accounts are protected using a variety of measures such as touch ID, device pairing, a transaction review system and dynamic CVV codes. MuchBetter were actually the first to create dynamic CVV codes. The code is stored within the MuchBetter app and it changes after every transaction. This way, if the card details are stolen, it still will not be possible to use the card online.

Another advantage of MuchBetter is the very low cost. The company claims that it has “the lowest gaming e-wallet fees in the world”, and they are certainly very cheap. There is no charge for deposits or withdrawals. Most e-wallets charge customers for funding their accounts. However, with MuchBetter, if a customer funds the account from a SEPA transfer or a bank transfer then it is free. If they use a credit or debit card to fund a MuchBetter account then there is a fee of between 1% and 5%.

MuchBetter also operates a rewards programme. Customers will earn reward points as they use the e-wallet and these points can be used to claim various benefits. For instance, customers will earn entries to the annual MegaDraw, which gives them the chance to win cash prizes, holidays, and more. Customers may also qualify for special offers and bonuses at a number of different websites.

As with all payment services, there are some disadvantages. For instance, the fees for some funding methods are high and wire transfers have a large minimum amount. Furthermore, for some people the fact that it is necessary to create an account and fund it will be a disincentive in itself. Nonetheless, overall it is an excellent payment method.

How to Use MuchBetter at an Online Casino

Before using MuchBetter at an online casino, you will first need to create an account. Simply download the app and provide the required information (name, address, date of birth, etc.). You will then be asked to choose a PIN number and be sent a verification code. Once you have entered the code, your account is ready. You will then need to complete the KYC procedures and fund your account.

At your chosen online casino, you need to select MuchBetter as your preferred payment method in the cashier. You should then enter how much you wish to deposit and follow the instructions. You need to verify the transaction using the MuchBetter app, and the money will then be deposited immediately in your casino account.

Withdrawing your winnings with MuchBetter is just as straightforward. In the casino cashier select withdraw and then choose MuchBetter as your payment method. Enter how much money you want to withdraw and then follow the simple instructions. You will be asked to provide information such as the phone number that is linked to your MuchBetter account. The casino will then begin to process your withdrawal request, which may take a few days. However, once it is done, the funds will be transferred to your MuchBetter account immediately and you can then use the money as you wish.

Help with MuchBetter

There are plenty of resources available for those who need help when using MuchBetter. The first thing you should do is visit the MuchBetter website and go to the ‘Ask MuchBetter’ section. It is a vast help centre that is full of useful information. There is even a section of the centre that is dedicated to using the service with online casinos. Those who need further help will also be able to contact the MuchBetter customer support team, who are known for responding quickly to all queries. It is also possible to contact your casino’s customer support team and they are sure to do everything that they can to solve any problems that you may be having.

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Frequently Asked Questions
What is MuchBetter?

MuchBetter is an e-wallet that was designed specifically for mobile users. It enables people to carryout online transaction quickly and securely. MuchBetter can be used for both deposits and withdrawals at online casinos and it removes the need for players to provide casinos with any financial information.

Is MuchBetter free to use?

Yes. You can theoretically use MuchBetter without having to pay any fees. Today casinos very rarely charge customers for deposits or withdrawals. Furthermore, depending on the payment method that you use, you will be able to fund your MuchBetter account without being charged. However, there may be some charges for withdrawing funds from your MuchBetter account to your bank.

Is MuchBetter safe to use?

MuchBetter has excellent credentials in regards to security. The company is regulated by the Financial Conduct Authority in the UK and it has been ranked as a trusted electronic money institution (EMI). This means that it is held to very high security standards and must use advanced technologies to protect its customers’ money and privacy. It has also implemented a number of security measures, such as touch ID, to add further levels of protection.

How do I fund a MuchBetter account?

There are many different ways of funding a MuchBetter account and you are more than likely to find a method that you are comfortable with. For instance, you can use credit and debit cards, bank transfers, Interac, Boleto, and more. You can even use cryptocurrencies. As such, it is a very easy service to use.

Is MuchBetter fast?

Yes, it is extremely fast. When you make a deposit, using MuchBetter the funds will be transferred to your casino account straightaway so that you can start playing. When you make a withdrawal, the transaction itself will also be instant. However, many casinos take a day or two to process withdrawal requests, so you are likely to have to wait a short while for your funds to arrive.



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