MuchBetter is a payment app for mobile devices, such as smartphones. It works as a standard e-wallet, but also offers contactless payments and ATM cash withdrawals through the pre-paid MuchBetter MasterCard.
You verify MuchBetter transactions by entering your security code (it is a 4 digit security code) or using TouchID on your mobile device when you get a verification message sent to your mobile phone. If you opt-in for TouchID verification, your finger print will be required to verify transactions, which adds an extra level of security.
Using MuchBetter in online casinos
Where can I use MuchBetter?
MuchBetter can be used in many different casinos, such as:
- Royal Panda
- Genesis Casino
Can MuchBetter only be used for deposits?
Unlike the more famous Google Pay and Apple Pay, the app MuchBetter can be used for both deposits and withdrawals.
Depositing money into an online casino account using MuchBetter
1.) Log in to the online casino.
2.) Go to the banking area. Select deposit, and then select MuchBetter as your deposit method.
3.) Follow the on-screen instructions for making a deposit. You will be required enter the amount (to be deposited) and the mobile phone number that you linked to your MuchBetter account when signed up for MuchBetter.
4.) Press confirm to start the verification process. A message will be sent to your mobile phone. Follow the instructions in the message to confirm the transaction, either by security code or by fingerprint TouchID.
5.) When the transaction has been verified, the money will be transferred quickly.
Withdrawing money from an online casino account using MuchBetter
1.) Log in to the online casino.
2.) Go to the banking area. Select withdrawal, and then select MuchBetter as your withdrawal method.
3.) Follow the on-screen instructions for making a withdrawal. You will be required enter the amount (to be withdrawn) and the mobile phone number that you linked to your MuchBetter account when signed up for MuchBetter.
4.) Press confirm to start the verification process. Follow the instructions for verifying the transaction.
5.) When the transaction has been verified, the money will be transferred.
Creating a MuchBetter account
Creating a MuchBetter account is not difficult, but you will be required to provide MuchBetter with information about yourself, such as your name, address and email address. You must also have a mobile phone (smartphone) that you can link to your MuchBetter account. Your mobile phone number will be your MuchBetter account number.
Putting money into the MuchBetter account (e-wallet)
MuchBetter is an e-wallet that you can store money in. (This makes it different from services such as Apple Pay and Google Pay, and similar to services such as Neteller and Skrill.)
To put money into your MuchBetter e-wallet, you can make an online bank transfer. For online bank transfers, MuchBetter does not charge any fee. It is also possible to use a debit card och credit card, but then you have to pay a fee to MuchBetter. Cash-to-code transfer is also possible, but comes with an even higher fee than debit/credit card transfers.
You can put a maximum of €2,500 into your MuchBetter e-wallet without ID verification.
Taking money out of the MuchBetter account (e-wallet)
- You can use the MuchBetter MasterCard to make a payment or withdraw cash from the ATM.
- You can use an online bank transfer to move money from MuchBetter to your bank account.
- You can transfer money to your debit och credit card, but that will cost you a fee.
- A cash-to-code transfer costs 5.5% and should idealy be avoided.
Do I need an iPhone to use MuchBetter?
No, MuchBetter works with both Android and iOS mobile devices.
- You can download the MuchBetter app for Android devices from Google Play.
- You can download the MuchBetter app for iOS devices from Apple Store.
MuchBetter was launched in 2017 and is owned and operated by the UK-based company MIR Limited UK Ltd. This company is licensed by the UK Financial Conduct Authority (FCA), and MuchBetter is a member of the Electronic Money Association (EMA).
So far, MuchBetter is strongly focused on Europe, and all the countries where MuchBetter is available are located in Europe (but not necessarily within the European Union). MuchBetter is available for three currencies: EUR, GBP and USD.
Even though the clients must be based in Europe, the MuchBetter MasterCard can be used to make payments all over the world where MasterCard is accepted.
MuchBetter runs a loyalty program called MuchBetter Rewards. Pay using MuchBetter and collect points. Once a week, there is a draw where members can win prizes, usually in the $2.5 – $100 range.