MuchBetter is one of the fastest growing iGaming mobile payment apps which works seamlessly with both Android and iOS devices. Using this app, one can make both on and offline payments in a secure environment. Apart from that, contactless payments using pre-paid cards can also be done using this app. Simply put, this is an app-based wallet especially tailored for the needs of online punters. Owing to the fact that the app is relatively new, we have mentioned below a list of MuchBetter casinos which accept this method payment method along with their promotional offers.
Launched in July 2017. MuchBetter mobile app is owned and operated by MIR Limited UK Ltd., a company licensed under the UK Financial Conduct Authority (FCA). MuchBetter is also a proud member of the Electronic Money Association (EMA). Since its inception, this payment method has been growing leaps and bound in popularity, especially with the iGamers in the UK and across Europe.
The main reasons behind this exponential growth can be attributed to its cheaper transaction fees, payment security and ease of use. With MuchBetter, opening your account is a breeze as it does involve any complicated processes. All you need is, provide your basic information, and you are good to go!
Almost all online casinos offer welcome bonus packages to its new members, while some of them also offer loyalty bonuses for existing customers. These bonuses are intended to lure new players and retain the existing ones. And therefore, online casino bonuses are usually not related to the kind of the payment method used. And MuchBetter is no different. However, iGamers are suggested to go through the promotions page of the casino’s website to see if there are any special bonuses being offered for MuchBetter users.
There are many advantages of using MuchBetter as an online payment method. Some of them are easy registration process, compatibility with both Andriod and iOS devices, rapid money transfers, low transaction fees, user-friendly interface, and the highly advanced security systems.
- Seamless online, offline and contact-less payments using mobile phones and prepaid cards.
- Low fees transactions coupled with highly secured bio-metrical payment gateway.
- Licensed under the UK Financial Conduct Authority (FCA), and member of the Electronic Money Association (EMA).
Since MuchBetter payment app is relatively new to the market, it has a limited number of network partners. confining its services to limited regions. However, once it builds a strong network, it has the audacity to compete with best in its own league.
- Less number of network partners.
- Payment app is not available in all countries.
After security, fees are the most important factor which consumers look at before opting for a payment method. And this is exactly where MuchBetter has an upper hand compared to its competitors. While it is absolutely free to send money into a MuchBetter account using an online bank transfer, transactions involving debit and credit cards attract fees as low as 1.4% to 1.65%. If you wish to pay money using cash-to-code, 5.5% transaction fee is involved. However, no fee is levied on merchant transactions or withdrawals involving bank transfers.
Still in its budding phase, MuchBetter is presently available in three currencies namely, Euros, US Dollars and British Pounds. However, with Mastercard as a working partner, MuchBetter account holders can make cross-border purchases with a relatively low currency-conversion fee. A small percentage of 0.99% is added as a service fee by MuchBetter.
Creating an Account
As mentioned earlier, creating an account with MuchBetter is very easy. Consumers will only have to supply the service provider with basic information such as their name, address, email ID and mobile phone number (which will later serve as their MuchBetter account number) and then set a 4 digit password. Once done, one can start using their account.
- Enter your name, physical address, email address and mobile phone number.
- Set-up a four digit password to start using the account.
Consumers can fund their MuchBetter account using an online bank transfer, debit card, or credit card. Alternatively, they can also choose to use cash-to-code payment method as well. While funding via online banking is free, money transfers involving debit, credit and cash-to-code methods attract nominal fees. A consumer can load a maximum of €2,500 into their MuchBetter account before getting their ID verified.
- Funds to MuchBetter account can be transferred via online banking, debit card, credit card and cash-to-code methods.
Making transfers to online casinos that accept MuchBetter deposits is very secure and easy. During the process, consumer will be asked to provide his/her mobile number which is also their MuchBetter account number. Once done, payment service provider will ask for consumer’s confirmation before authorising the transaction. As soon as the consumer confirms, the transaction is processed and your casino account is credited.
- Enter the amount you willing to deposit along with MuchBetter account number in payment page of the casino’s website
- Press on confirm tab in the push notification you receive on your mobile phone to authorise the payment.
You can withdraw funds into your MuchBetter accounts from online casinos where it is accepted by entering the cashier and requesting a withdrawal to your phone number. Once withdrawn, you can choose to use the funds or withdraw them at your local ATM using MuchBetter Mastercard which can be ordered from the service provider.
- Consumers can withdraw funds to MuchBetter account via bank transfer by providing their phone number.
- One can also cashout their earnings at a local ATM by opting for MuchBetter Mastercard option.
At MuchBetter, rigorous security measures are followed to ensure account safety. First and foremost, your account is protected by a password, and then there is an activation code feature, which will be sent as a text message to your registered mobile number if you want to use a different phone to make a transaction.
You can also opt for TouchID feature instead of a password, which requires your fingerprint to access your account. You will be automatically logged off your account whenever the screen gets locked, or after 90 seconds of inactivity to ensure the safety of your account.
Consumers can go through MuchBetter’s vast FAQ list where they can find answers to most of the queries. And if it doesn’t help, they can reach the customer support team via e-mail which can be found on the back of their MuchBetter card. The support centre is open 24 hours a day and 7 days a week and most of the queries are resolved within 6 hours of receiving them.
- Most of the consumer queries are resolved in the FAQ page of the MuchBetter website.
- Consumers can also reach the customer support via e-mail mentioned on the back of MuchBetter card.
Though there no VIP programs on offer with MuchBetter, there is an alternative rewards program known as “MuchBetter Rewards,” where consumers receive 1 point for every £/€/$10 spent at an online casino. Lucky consumers can win anywhere from $2.50 to $100 every Monday through a random draw!
- MuchBetter consumers can win up to $100 in random draw that takes place every Monday
MuchBetter iGaming mobile payment app is available in the UK as well as most of Europe. It can be used to pay both online as well as retail merchants globally, where Mastercard is accepted. With a simplified process and state of the art security system, payments are processed instantly and securely. This payment method also boasts of a simple fee structure with one of the lowest possible currency conversion and transaction fees.
Licensed by the UK Financial Conduct Authority (FCA), mobile app payments have never been more trustworthy. Thanks to this convenience it provides for iGamers, it’s supported as a payment method in many online casinos. Compatible with all Android and iOS devices, MuchBetter mobile payment app can be downloaded from both Google Play as well as Apple Store in multiple languages.