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MuchBetter Wallet Review

MuchBetter Wallet Review

We are reviewing MuchBetter, a new payment solution provider by MIT Limited UK Ltd. It’s relatively a new e-wallet service, and thus uses some cutting-edge features and security options. In this article, we will be explaining everything you need to know about MuchBetter for using it in the betting world.

Why use MuchBetter?

MuchBetter has made its name by competitive pricing, new security features, and reliability. If you are a security and safety cautious person, it can be the best option for your needs. Started in 2017, it’s a new payment solution provider. Despite being new in the market, it has made its name in the majority of gambling and betting site, as a result, many sites accept payment form it.

You can fund your account in two ways- gaming and non-gaming. Some of the merchants/banks don’t accept funds from gaming sources, thus, you can use the MuchBetter services, and manage your funds much more efficiently.

How MuchBetter works?

MuchBetter is an e-wallet service where you can fund your wallet and use the very fund for making payments in gambling sites without revealing your confidential details like debit/card number, bank account details, etc.

Before using the services, first, you need to create a MuchBetter account. For this, we are providing you the procedure. Follow it, and you are good to go.

Steps:

  • Visit the official webpage
  • On the upper right corner, click on ‘Sign Up for Free.’ You’ll be redirected to a new page.
  • Fill up the details- Mobile number, Passcode, Account Currency, Name, Email, Date of Birth, Address. Then click on ‘Get a MuchBetter Account.’ You’ll be redirected to a new page
  • Now, You’ll receive an OTP on your mobile number. Enter the OTP and click on Proceed.

Thus, you have created your account. You have to install the MuchBetter app which is available for both iOS and Android users, for availing the services of it. You can’t log in to your account on the webpage, for that you need to use the mobile app.

MuchBetter Account Verification Process

For making withdraw, you need to verify your account first. We are providing you the steps for the verification of your account.

  • Login to your MuchBetter account by mobile app
  • Click on Withdraw
  • You’ll be asked to complete ID verification, click on continue
  • Now, choose from the given options about the documents you would like to upload.
  • Upload the scanned image of you ID

MuchBetter Deposit Methods

By MuchBetter account, you can ‘Top-up’ your e-wallet hassle-free. It supports many merchants for funding your account. Here is the list of some popular merchants accepted by MuchBetter-

  • Debit/Credit Card
  • Cryptocurrency
  • AstroPay Card
  • Cash
  • P2P (sending and requesting money from family and friends)

For depositing funds to your account,

  • Login to your account via the app
  • Click on ‘Top Up’
  • Enter the amount
  • Choose from one of the options
  • Fill your card/cryptocurrency/ AstoPay card details. You might be redirected to the respective merchant pages.

Once the process is completed, your account would be funded.

Note for Cash Top-Up Option: MuchBetter has recently partnered with EASY GATE PCMS, GCC based company to enable top-up and withdrawal. They support cash transfer in India (New Delhi, Mumbai)

How MuchBetter top-up works?

  • Contact EasyGate PCMS on Whatsapp or SMS to: +91-9971141666 / +91-9773699572 and
  • Provide details of the transfer you wish to make to MuchBetter and your phone number
  • Get payment information from EasyGate
  • Complete the payment as per EasyGate’s instructions.
  • EasyGate will the send the funds directly to your MuchBetter account
  • EasyGate will charge you 10% fees for this service directly. MuchBetter does not apply any additional fees for this transaction.

Note for P2P (sending and requesting money from family and friends): By P2P, you can transfer funds, and request for transfers by mobile number. All you have to do is,

  • Login to your account
  • On the home page, click on P2P
  • Add amount, mobile number, and message, and click on send.

Money is transferred instantly subject to security checks. If the recipient does not have a MuchBetter account, you can still send funds and they will be asked to open one.

MuchBetter Deposit Processing Fees

Different merchants apply different charges for funding your account. Here are the charges of some commonly used methods.

  • Debit/Credit card- 5%
  • Cryptocurrency- 2%
  • AstroPay card- 6%
  • Cash- 10%

You’ll be notified about any other charges on the summary page while making payment for funding your account.

MuchBetter Withdrawal Methods

You can, with ease, use the funds of your e-wallet on betting sites. Just choose ‘MuchBetter’ as your merchant while making payment.

  • Enter your mobile number, and amount
  • You’ll receive a confirmation for the same on your app. Click on proceed.

And in a few moments, you’ll receive the funds in your betting account.

Also, MuchBetter supports the following withdrawal options-

  • Merchant Payment
  • Bank Transfer
  • AtsroPay Card
  • Cryptocurrency
  • Cash
  • P2P (sending and requesting money from family and friends)

All you have to do is,

  • Login to your account via the app
  • Click on the suitable option
  • Enter further details, click on proceed (you might be redirected to merchant’s webpage for further verification)

Once done, you fund will be withdrawn.

Note for Cash Withdrawal Option:

  • Contact EasyGate PCMS on Whatsapp or SMS to: +91-9971141666 / +91-9773699572 and
  • Provide details of the withdrawal you wish to make to/from MuchBetter, and your phone number and your information or EasyGate wallet details
  • Get payment information from EasyGate- such as any reference required by them
  • Complete the payment as per EasyGate’s instructions- by transferring funds from your MuchBetter wallet to the phone number provided by them.
  • EasyGate will the send the funds directly to you, as per your instructions
  • EasyGate will charge you 10% fees for this service directly. MuchBetter does not apply any additional fees for this transaction.

MuchBetter Withdrawal Processing Fees

Here is the list of withdrawal processing fees for the different services-

  • Withdraw to the merchant- Free/ Min $10.00
  • Bank Transfer- EUR 5/ Min $50.00
  • Astropay card- 2%/ Min $10.00
  • Cryptocurrency- 2%/ Min $15.00
  • Cash- 10%/ Min $10.00

MuchBetter Fees

Due to competitive pricing, MuchBetter makes one of the most money-saving deals for the customers. Just look it for yourself –

Using  MuchBetter Account

Usage method Fee
Transfer to friends (P2P) free
Receive transfers (P2P) free
Pay a merchant free
Transfer from a merchant free
Request a gift free
Send a gift free
Request money from a friend free
Currency conversion* 0.99 % for conversions between USD/EUR/GBP – FX rates will vary for all other currency conversion including where USD/EUR/GBP is converted to a different currency

Using MuchBetter Card

MuchBetter card Fee
Use online free
Use in person free
Use contactless free
Use at ATM 0.99%
Currency conversion* 0.99 % for USD/EUR/GBP – FX rates will vary for all other currency conversion including where USD/EUR/GBP is converted to a different currency

Betting Sites That Accept MuchBetter

Though being new in town, MuchBetter has made its space in the betting world- there are numerous sites which accept payments from it, namely,

  • Vbet
  • Pinnacle
  • Svenbet
  • Lv Bet
  • 888 Sport
  • Play sport
  • Hope

MuchBetter Mobile App

MuchBetter Mobile App

You have to use the mobile app from MuchBetter every time while making transactions. It’s available both for iOS and Android users. Install the app on your phone, then

  • Enter the mobile number
  • Enter the security code
  • You’ll receive an OTP on your mobile, enter it

Now, you are connected to your account by the app. You’ll receive every notification on your mobile while making payments.

Legal Aspect

MuchBetter is operated by MIR Limited UK Ltd, an FCA-licensed and regulated e-money issuer, which is the new payment application for iGaming. Though it’s a new player in the market, it has made its place by reliability, security, and cutting edge technology employed for giving optimal satisfaction to its user. It adheres to the local laws of the country in which it’s operating. Therefore, you should be the least worried about giving it up due to legal reasons- it’s all safe!

Customer Support

The MuchBetter customer support team guarantee 1 hour response times during working hours. They assure you to Send and review tickets from the MuchBetter app and receive speedy email support from our friendly team.

MuchBetter has its dedicated FAQ page where you can search for your queries. Also, you can access the same FAQ page by app and reach them through the very app. Hence, MuchBetter is extremely customer oriented!

Frequently Asked Questions (FAQ)

1. How does MuchBetter Work?
— It’s an e-wallet service provider, in which you can fund your wallet and use these funds for making payments.

2. How do I add money to MuchBetter?
— Login to your account. Click on ‘Top Up.’ Choose the suitable deposit option and enter details and the amount you want to deposit. In this way, you can add money to MuchBetter

3. Can I access my MuchBetter account by webpage?
— No, you can only access your account via the app.