Online Casino Payment Methods : MuchBetter
MuchBetter is just one of the many casino payment options that you may be offered to use when depositing funds into a new players account. Here you’ll find links to all the best MuchBetter casinos, an explanation of how it works, as well as how it matches up against other payment options to see if it is indeed, much better.
What is MuchBetter?
MuchBetter is a leading, multi-award-winning mobile payment app. Considering it was only launched in 2017, you may be surprised by how widely accepted it is within the online casino and gaming market.
New customers can apply for and fund a free account and use it to send, spend and receive money worldwide. Making an online casino payment from your MuchBetter account is safe and convenient, and it’s also fast, meaning you will receive your welcome bonuses and free spins that much sooner and can start gambling straight away.
They have some of the lowest eWallet fees globally, and you can confirm all of your payments conveniently through the app on your phone. They also run a great rewards system for using their services and referring friends. MuchBetter is the trading name for MIR Payment Ltd, who is registered and licenced in the UK.
Why use MuchBetter to deposit at online casino sites?
MuchBetter is a very popular choice among UK casino players for the security, speed, and convenience offered of all the payment methods offered.
MuchBetter goes the extra mile when it comes to the security of your money. Your account is protected with biometric identification, device pairing, and dynamic security codes that you receive through the app to authenticate each and every payment you make.
Transactions are also made in real-time so you can start wagering immediately and you can manage your account quickly in the user-friendly app. MuchBetter is also renowned for its superb customer service, and you can contact them by email, live chat or phone.
MuchBetter average withdrawal limit and payout time
Your withdrawal limitations will depend on which online casino you play at. Most casinos insist that you withdraw a minimum of £10 (or 10 EUR), while upper weekly withdrawal limits can vary wildly between £5,000 and around £15,000.
MuchBetter offers one of the fastest payout times of all the payment methods due to its almost instantaneous transactions. You withdraw your winnings in a fairly similar way to making a payment, although you will need to wait for the online casino to process your winnings which will usually take between one and three days.
How do I pay at online casinos using MuchBetter?
The first thing you need to do is download the MuchBetter app, which is available on all devices from the Google Play or iTunes store. Create and fund your account by following the simple instructions given.
Then head over to your MuchBetter casino and navigate your way to the site’s cashier or payments section. Select MuchBetter as your payment method and enter your phone number, as well as the amount you want to credit your account with. A confirmation request will then be sent to you in the app, and once you’ve approved the payment, you can start playing.
Are there any fees attached to MuchBetter at online casino sites?
Your casino shouldn’t charge you anything extra for using MuchBetter for all your online casino payments and withdrawals, but MuchBetter charges some small fees that you should be aware of.
Funding your MuchBetter account is free via bank transfer, but if you use your Visa or Mastercard, there is a 5% fee. Most transactions (paying, sending and receiving money) are also free, but withdrawing your money back to your bank account is charged at 3%. Non-SEPA bank transfers (outside of the EU) are also charged at £50, so it’s cheaper if you have an English or EU bank account..
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Many people feel uncomfortable sharing their banking details online due to the risk of fraud, so eWallets are a popular alternative. MuchBetter is an extremely secure eWallet app that has several layers of security including device pairing and touch ID to sign in to your account. Every payment you make also requires you confirm the legitimacy of the transaction within the app.
Supported by Mastercard, MuchBetter card payments are also protected with unique security codes that can only be accessed vie your app, meaning no-one can use your card details apart from you. All sensitive data is securely stored and protected in the cloud.
Recap of the advantages and disadvantages of MuchBetter
- ✔ Extremely secure payment method
- ✔ You can also withdraw your winnings with MuchBetter
- ✔ Very low fees
- ✔ Outstanding customer service
- ✔ Almost instant transaction speed
- ❌ Some fees apply
- ❌ You need your mobile with you to confirm payments
Welcome bonus available using MuchBetter
We’ve saved you hours of searching by gathering together all of the best MuchBetter online casino welcome bonuses. Max out your first deposit bonus and claim your extra spins here.
What is MuchBetter?
MuchBetter is a popular and highly convenient mobile payment app that can safely facilitate all of your online payments and withdrawals. It offers real-time transactions that require you to confirm all of your requested payments in the app.
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When was Muchbetter created?
MuchBetter was only created a few years ago in 2017 but has already won multiple awards for its innovation and low-cost services.
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How to use MuchBetter to deposit?
Once you have a MuchBetter account and have funded it, you need to select MuchBetter as your preferred payment method on the MuchBetter casino site of your choice. Enter your mobile number and the amount your wish to transfer and then confirm the payment in your app.
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Is MuchBetter secure?
Yes, MuchBetter has superior security measures in place that require you to sign in to the app to confirm payments before it makes them. Your account is paired with your mobile device and you can sign in with a password or fingerprint and the MuchBetter card also uses a unique one-time security code that is also accessed via the app to stop other people from being able to use your card info.
MuchBetter is also licenced and regulated as an electronic money institution in the UK by the Financial Conduct Authority (FCA).
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Are there any fees when using MuchBetter?
There are some fees associated with using MuchBetter, but they are very small in comparison to other eWallet services. Funding your account with Visa or Mastercard costs 5% and withdrawing your money back to your EU bank account will be charged at 3%. Paying merchants and sending and receiving money is usually free.
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What is the payout time using MuchBetter?
Payouts are fast with MuchBetter and your waiting time will largely depend on your online casino’s processing time more then anything. The best casinos usually only take one or two days to process your winnings.
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