Making a payment with MuchBetter
MuchBetter is a payment app very much aimed at the younger generation, and as such, making a MuchBetter casino deposit is easier done with your mobile phone. The process of setting up a MuchBetter casinos account is extremely simple and user friendly, meaning it’s not just exclusively for the younger generation. Funding a casino with MuchBetter is a sound option if your financial provider is not on the list of banks that allow online gambling. Opening up and verifying your account could be easier and is done in just 3 easy steps:
First of all, head to the MuchBetter website and complete the sign up form, which requires just your phone number, name, address, preferred currency and 4 digit passcode you wish to use with your MuchBetter Casinos Canada account.
The verification process required before you can start funding your accounts with MuchBetter casinos Canada is extremely simple. All you have to do is enter the verification code sent to your mobile number via SMS and you’re good to go. No documentation or prolonged verification processes are needed here, unlike those found with Neteller Casinos and a Vanilla prepaid online casino.
Download the app
Once your account has been verified, all that’s left to do is download the app and you’re good to go! As well as being able to make deposits into a casino with MuchBetter, you can now also make everyday payments using your mobile phone and even receive a MuchBetter cash card should you wish.
Making Deposits and Withdrawals in MuchBetter Casinos Canada
Making a MuchBetter Casino deposit is every bit as easy as setting up your account, perhaps even more so – all that’s needed is your mobile phone number! To make your deposit into MuchBetter online casinos, simply head to the casino of your choice, select MuchBetter as your payment method then enter your mobile phone number when prompted. Once that’s done, simply approve the payment in the MuchBetter app on your phone, complete it from there and the money should instantly be in your MuchBetter casinos account.
Withdrawals follow largely the same process as the deposit process detailed above only in reverse. The only difference being that while deposits are processed within 10 minutes (usually instantly, withdrawals from MuchBetter casinos take longer, with times depending on the casino’s own withdrawal processing times. This differs depending on which MuchBetter online casinos you’re using, but generally takes between 3 and 5 days.
Average time of MuchBetter for deposits and payouts
The processing times when making deposits and withdrawals into MuchBetter Casinos Canada depend on the casino’s own processing times. From MuchBetter’s side, payments are always instant, and therefore they usually are when making deposits into MuchBetter online casinos. However some casinos do have a short processing time on their end, but we’ve yet to come across one that takes longer than 10 minutes.
Withdrawals on the other hand, can take a little longer, and depend on the MuchBetter casinos’ own withdrawal processing times with regular bank accounts. This does of course vary from casino to casino, but on average it takes between 3 and 5 days. In the best cases, some casinos could process your withdrawals quicker, and the good news is that we have yet to find a casino that takes longer than 5 days to process a MuchBetter withdrawal. So overall, deposits and withdrawals using MuchBetter are quicker (not to mention safer!) than using your regular bank account directly.
MuchBetter verification requirements
As we’ve already touched upon previously, the verification process with MuchBetter is extremely quick and easy, especially when compared to banks and other ewallet providers. When signing up, the only verification required is the verification code that’s sent directly to your mobile via SMS. When it comes to verifying your payments, you do it by yourself using the app. For example, when funding MuchBetter casinos Canada, all that’s required on the casino site is your mobile number. You’ll then receive a notification from the app directly. You can then verify the payment by yourself and complete the transaction using the MuchBetter app.
The history of MuchBetter
MuchBetter is an online payment service and app that was launched in 2017 by November 2017 by MIR Limited UK Ltd. The aim of the team who founded MuchBetter was to create an easy, quick and safe payment service with a particular focus on the gaming industry. Although the app originally had young people in mind, the product is so easy to use that it can be used by online casino players of all generations in our view.
As of 2020, MuchBetter is available in over 185 countries and has over 150,000 active users, with a transaction thought to be taking place every 5 seconds. They offer lower foreign currency exchange fees than your average Canadian bank and have the lowest fees when it comes to gaming and ewallets. Despite being in their relative infancy compared to some other ewallets and payment solutions, MuchBetter has already won multiple awards within the financial and tech industries. These include the ERG B2B Award for innovation in payments solution in 2020 and in 2019, they won 3 different awards at 3 different ceremonies.
As well as innovation, security and ease of use, MuchBetter’s aim is also to keep fees and cost low for users. When founding, MuchBetter’s co-founders claimed their goal was to combat the “iGaming payments monopoly”.
MuchBetter to other providers compared
Where much better surpasses their competitors is in terms of security, as they truly go the extra mile to keep your data safe and make sure only legitimate transactions go through. All of this is done while keeping the verification process quick and easy. When making payments into MuchBetter online casinos, your account and transactions are protected by device pairing, touch ID, dynamic security codes and a transaction review system.
And like their competitors, payments are usually processed instantly as well as securely. However, where they perhaps fall short compared to Neteller & Skrill is with withdrawal times. These generally take upto 5 days in MuchBetter Casinos, while Neteller and Skrill withdrawals are often instant in some casinos. Where they retake the edge, however, is when it comes to bonuses. A MuchBetter casino bonus is easy to find, whereas Skrill casino bonuses are rare.
Most popular payment methods
When you consider the fact that MuchBetter is a relatively new payment method, which was launched in 2017, you could be forgiven for asking “is MuchBetter legit?” Fortunately, we’re on hand to put your mind at rest by ensuring you that it 100% is. For starters, MuchBetter was founded on the principles of providing quick, easy and safe payment solutions for use in the iGaming industry. They have since been very successful in creating a quality product and service which has been recognized thanks to the multiple industry awards they won in 2019 and 2020.
In addition, they have top-level, innovative security measures, as we mentioned above – and you can even integrate the MuchBetter app with your phone’s touch ID to keep things even more secure. Your sensitive data and information are kept in the cloud which is twinned with your mobile phone.
Are there any fees incurred when using MuchBetter online casinos?
Deposits and withdrawals with your MuchBetter account are both completely free, the same goes for transferring money to your friends and making any form of purchases. There may be a fee incurred from the side of the casino, however, the best ones shouldn’t charge you any fees for MuchBetter deposits and withdrawals. Where you might have extra fees as a Canadian customer is when it comes to currency conversion, as there will be a small conversion fee from CAD – USD, however, MuchBetter does have better exchange rates than your average bank. That being said, if you can fund your MuchBetter account directly with USD, it’s recommended.
Are there any limits with MuchBetter?
Technically, there are no limits from MuchBetter’s side when it comes to making casino deposits and withdrawals. The limits are rather set by the casinos themselves, so you’ll have to consult the terms and conditions of the casino that you’re using. When using your MuchBetter’s app or card for everyday payments, you are limited to 5 transactions per day. However, you can approve further transactions via the app.
Is there such a thing as a MuchBetter Casino Bonus?
Unlike a NeoSurf casino bonus, an exclusive MuchBetter casino bonus is harder to find. However, unlike Neteller or Skrill, MuchBetter isn’t a payment method that’s more often than not excluded from casino bonuses. Additionally, MuchBetter themselves also offer rewards, cash bonuses and giveaways in conjunction with some of your favourite gaming sites.
Can I complete my transactions from the MuchBetter desktop website?
The short answer here is no. While you can set up your account via the website before downloading the app, once you have the MuchBetter app, all of your transactions need to be completed and verified via the mobile app. As well as the app, you can order other MuchBetter devices including the MuchBetter watch and bank card.
What if my MuchBetter payment doesn’t work?
In the unlikely event that your MuchBetter payment into an online casino doesn’t go through, we’d first recommend checking your app to see if there’s a problem or you’ve missed something. If you’re happy that you’ve done everything correctly, we’d then suggest going to their excellent extensive FAQ section which can be found both in the app and on their website. If that doesn’t sort your problems then you can contact the excellent MuchBetter customer service team, who guarantee a response within 1 hour, no matter when you contact them.
And so to conclude, MuchBetter is an excellent modern payment method that was custom built for the world of online gaming, which includes online casinos. Additionally, MuchBetter is still in its relative infancy so we can only see it getting better and better as it expands. To summarize, the top 3 reasons for downloading much better today are; quick & easy payments, safety & security and the bonuses and rewards that come with using the platform. If this all sounds good to you, then sign up and start using MuchBetter online casinos today.
MuchBetter Casinos Canada FAQ
MuchBetter is a popular online payment method that’s now available in 185 countries across the world. Because it was created with the igaming industry in mind, MuchBetter casinos have become popular both here in Canada and right across the world. You can find our reviews of the top MuchBetter online casinos in Canada here at MyBet.com.
MuchBetter is a quick and easy-to-use payment app that has award-winning privacy and security measures in place. Deposits and withdrawals are all generally controlled and verified via the MuchBetter app using your mobile phone. Here at MyBet.com our experts have provided you with a step by step guide that explains both how to withdraw money from the online casino into your MuchBetter account and then from your MuchBetter account into your bank account.
Given the fact that MuchBetter is fairly new to the market, having only been launched in 2017, many people do find themselves asking “is MuchBetter secure?” and “is MuchBetter legit?” Because of this we commissioned a group of experts here at MyBet.com to go out and test the payment method and review it extensively.