Best MuchBetter Casinos Online
About MuchBetter
All you need to do is confirm the transactions using your smartphone and they’ll be processed instantly. Moreover, you’ll get to enjoy lower fees on the gaming transactions. Customers based in the countries of the European Economic Area (EEA) can use this e-wallet for their everyday spending. This is made extremely convenient and safe with MuchBetter contactless payment devices.
One such device is the MuchBetter contactless payment key fob. Supported by Mastercard, this fob functions like your bank card. You can use it to make payments anywhere in the world where you see a Mastercard contactless payment sign. However, this fob is available only to the MuchBetter customers based in the EEA.
Winner of multiple awards, this e-wallet app was founded in 2016. The accounts created with the e-wallet are protected with the latest technologies. They include touch ID, device pairing, transaction review system, and dynamic security codes. The use of these systems make sure that only the legitimate transactions get through.
MuchBetter users can enjoy a simple sign-up process, fantastic user experience, world-class security, and stylish contactless devices. This e-wallet app was created by a team of innovators with a rich experience in payments. The team worked towards developing an easier and rewarding way of managing, transferring, and using money online as well as offline.
This led to the creation of MuchBetter app with the first dynamic CVV code in the world. The 3-digit code is stored in the app and changes every time it is used. Owing to such strong security features, many online casino players prefer this innovative e-wallet app.
Pros and Cons of using MuchBetter in online casinos
If you’re an avid online casino player, you can enjoy MuchBetter payment app’s excellent and diverse features. They allow you to make easy and secure payments at the touch of your finger. You don’t need to remember any passwords or security questions.
Additionally, you get to enjoy some fabulous rewards, in-app offers, and the chance to win the MegaDraw held by MuchBetter every year. However, you must consider the app’s pros and cons before choosing it as your preferred payment method in the online casinos.
Pros:
- You can easily set up and use the MuchBetter e-wallet app
- The transactions made using the app are convenient, fast, and secure
- It has the best security features compared to most of the other payment methods
- Some casinos offer attractive bonuses and promotional offers for MuchBetter users
Cons:
- You’re charged fees for payments and transfers done using this app
- It is not available for players based in the restricted countries
- Not many casinos accept MuchBetter as a payment method
How does MuchBetter compare to other payment methods?
Although credit cards are still popular in online casinos globally, they require you to provide some of your sensitive information online during the transactions. You’re also charged a certain percentage as transaction fees. Debit cards and bank transfers also require you to provide some of your confidential information online.
You can keep your sensitive data secure during the transactions by using any of the popular e-wallets, such as PayPal and Skrill. However, they may charge a higher percentage on transactions than some of the other payment methods. Cryptocurrencies are much more secure than most payment methods and charge lower transaction fees.
One of the major concerns with cryptos is that their prices fluctuate based on market conditions. This can adversely affect your winnings. You can overcome most drawbacks of these payment methods by using MuchBetter.
MuchBetter Fees
MuchBetter doesn’t charge any fees for paying a merchant or transferring funds from a merchant. It also has no fees on online, contactless, and P2P transactions. A fee of 0.99 percent is charged for conversions between the US Dollar, Euro, and British Pound. Where any of these currencies is converted to a different currency, the foreign exchange rates vary.
The currency exchange rates for MuchBetter is provided by xe.com, a Canadian online forex tools and services company. The rates are updated every day and the users can check the applicable rates on the website before proceeding with transactions that involve foreign exchange. Your bank may charge additional fees, including that of currency exchange.
If your MuchBetter account has been inactive for a certain period, you’ll be charged a management fee of $5 per month. Additionally, there are deposit and withdrawal fees charged on the basis of costs incurred by the e-wallet for executing these transactions.
How to use MuchBetter for deposits in online casinos
You’ll need to create an account with MuchBetter and download the app before depositing funds into your online casino account. Once you’ve downloaded the app, enter your name, date of birth, and other details and verify your identity. Next, choose an online casino that allows MuchBetter to be used as a payment method.
Sign up on the casino website and log in to your online casino account. Head to the cashier, banking, or payments section on the website and choose the option for making the deposit. Enter your deposit amount. Upon proceeding further, you’ll need to log in to your MuchBetter app on your smartphone and verify the transaction.
Once the transaction is verified, the amount would be deposited into your casino account instantly. The process would be a lot easier if you’re playing your favorite casino games using your smartphone.
How to use MuchBetter for withdrawals in online casinos
Withdrawing your winnings using MuchBetter is just as fast and easy as making your deposits. While you’re logged in on your casino website, navigate to the cashier, payments, or banking section of the site and select the option to withdraw your winnings. Only those who’ve made their deposits using MuchBetter are allowed to withdraw their winnings with the same payment method.
You’ll need to confirm if there are any minimum or maximum withdrawal limits placed by your online casino. The information on such limits are usually found in the casino’s terms and conditions. After confirming the withdrawal limits, enter the amount you want to withdraw. As soon as your online casino approves your withdrawal, the transaction will be completed instantly.
The funds will reflect in your e-wallet almost immediately. You can then withdraw the funds to your bank account or use the amount directly from your MuchBetter e-wallet.
How secure is MuchBetter?
MuchBetter is authorized and regulated by the UK Financial Conduct Authority and is also a member of the Electronic Money Association (EMA). There are different types of security measures put in place by the company to safeguard your funds and sensitive information. Every account created with this e-wallet is secured with dynamic security codes, transaction review system, device pairing, and touch ID.
This creates a security system that’s practically hack-proof. Your phone is always required to access this e-wallet app. As the verification message is received on your phone, there’s no other way of completing the transaction without it. When it comes to adding a new device, an activation code must be used. A passcode is required to log in to your account.
You can also use touchID instead of passcode. The additional security measures include never leaving your phone unlocked when it is not with you and the MuchBetter app is active. You must also ensure that your online casino has a license from a leading online gaming authority and uses the latest encryption technologies.