In the November of 2017, MIR UK Ltd launched a brand called MuchBetter. Israel Rosenthal and Jens Bader head the team which aimed to create something that would satisfy the global demand of the online gaming industry, and at the same time be convenient for the generation of today.
The millennials of today have the need to have everything on their phones. Important documents, wallets, cards everything is on their phone. Their smartphones have everything they require. No physical cash is needed to be carried by them.
Only a year in, they were booming with business, the company had more than 150,000 active and regular users and more 120 merchant sites linked with them. With a transaction being processed almost every five seconds, MuchBetter is now in more than 150 countries. In the first year of business, over 10,000 MasterCards were issued along with 40,000+ NFC payment devices.
- Launched in 2017
- More than 150,000 active users
- More than 120 merchant sites
- Available in more than 150 countries around the globe
- One transaction processed almost every five seconds
does MuchBetter work?
To begin it all, start with downloading the app which is available both in android and iOS platforms. Registration will require your name, phone number, email address and a home address. When you sign-up, you will also have to set up a PIN to access your mobile phone account. To start the process and make your account valid, you need to produce any form of legal ID like a passport. On becoming approved, you can start the process of depositing and withdrawals at your favorite online casinos. To add money to your online casino MuchBetter account, you can use to traditional methods like a bank transfer or credit or debit cards. Or you can use another MuchBetter to fund your current one.
To Fund Your MuchBetter Wallet
Before you find an online casino that you want to play at which accepts MuchBetter, you might want to take a note that you can only transfer 10 pounds/euros to your MuchBetter payment casino through cards ( Mastercard, VISA, Amex) or a simple bank transfer. To recharge your account with your credit or debit card, you need to enter your full name, the 16 digit number on your card, the expiry date of your card and most importantly your CVV number that is the 3 digit number on the back of your card.
On the first recharge, you will be asked to enter your 4 digit PIN that verifies you as the owner of this account. If you fail to verify with the 4 digit PIN, it will limit you to a maximum of 50 pounds/euros. If you choose to top up with a bitcoin option, the provider will create an invoice with a bitcoin address. When you’re done with the initial procedure, your payment will be processed and your MuchBetter wallet will be credited with the amount you desired.
Withdrawal options that are available at casinos with MuchBetter are the MuchBetter Mastercard and a plain old bank transfer. An expenditure and depositing limit of 2,500 pounds/euros is appealed at the beginning but the more active you become, the more this limit expands.
Online Casino Payments with MuchBetter
For the real money casino players, MuchBetter deposit is the option to go for. Following that, the only thing they need to do is when paying, go to the payment section and select MechBetter from the list. When a deposit is made, a notification is immediately sent to your registered mobile number through the app on your phone to gain permission for the request of transferring the funds. After you’re done with that, the money will automatically be deposited into your MuchBetter account from which now you can spend. By entering your phone number correctly, you can request for cash-outs also. A request will be sent by the casino wherein it will show you that the funds are now available in your MuchBetter account.
Already incredibly popular and rapidly growing, MuchBetter has teamed up with most of the online casinos that players amateur and experienced both love to play at. It is currently enlisted on the sites of the most popular online casinos.
Depositing At Online Casinos with MuchBetter
To fund your MuchBetter online casino account with this e-wallet option, the very first thing a person has to do is check the availability of it on the casino of their choice. Company policy has made it extremely accessible worldwide, and it is for sure a welcome move. However, it does have a very negligible amount of restrictions.
When you want to deposit a specific amount, make sure that you go to the online casino site of your choice and go straight to the banking section wherein you simply choose the MuchBetter option.
Once you’re there, just click on the icon of the MuchBetter option and you can pay effortlessly by entering the appropriate information.
The new window that you are redirected to does not demand for a lot of your personal details, just your phone number that also acts as your user ID. Then, your e-wallet is instantly updated and funded with amount of your choice.
Upon conformation of the transaction, your MuchBetter wallet is credited with the money at once, and you will be able to use it for further online gambling activities.
Withdrawals at MuchBetter Online Casinos
It is only natural, that after winning some at the casino you want to cash-out the real money. In this case, you will have to start at the same place as you did with the deposits, which is the banking section. The procedure of the money going to your e-wallet from your player account is the next step of the process. Then, choose MuchBetter as the option for your withdrawal and enter your registered phone number to complete the transaction.
This process can take up to three days as the casino will have to be completely sure that the cash-out is fully authorized and that the money is going to the specific address it is meant to. This step needs precision and is detail oriented therefore, is not instantaneous.
Increasing the safety of the online payers and users to casinos and slot games is the focus of the app MuchBetter. The usual worries of remembering the password and entering the details can be skipped while using MuchBetter. The only thing required is the phone number of the player. This also makes it significantly hack-proof. MuchBetter charges the least amount of fees possible. It guarantees absolute tight-lipped security and hassle-free deposits and withdrawals and charges negligible in return. In this global online gaming world, the deposits via this method are as prompt as they can be and the withdrawals are almost at lightning speed when compared to other traditional payment methods.
The only disadvantage, if that can even be considered as one, is that MuchBetter is only obtainable via the mobile app and not any other device like a desktop computer. The reason why we say that it can hardly be considered as a con is because whoever is playing and using at the online casino is most likely a mobile owner. Exceedingly successful payment options like Skrill and Neteller has certain restrictions when it comes to welcome bonuses, it is yet to see if it is the same for MuchBetter.