What is a MuchBetter Account? [2022]

What is a MuchBetter Account? [2022]

by | Mar 19, 2022 | 0 comments

What is a MuchBetter account?

MuchBetter is a payment option for online casinos that are specifically designed for online gaming. Gamers can use the smartphone app to deposit and withdraw money while playing online games. That’s why it’s become extremely popular amongst them. Besides, this electronic wallet provides excellent security, rapid transactions, and low transaction costs.

MuchBetter was founded in 2017 and licensed as an electronic money institution (EMI) by the UK Financial Regulation Authority (FCA). In a very short time, it has already garnered several significant honors, including Mobile Payment Solution of the Year at the 2021 SBC Awards, Innovation in Payments Solution at the 2021 EGR B2B Awards, etc.

MuchBetter has been added as a deposit and cash-out option by over 550 Merchant partners since its launch. It serves users from all around the world, with only a few exceptions.

Setting Up a MuchBetter Account

Creating a MuchBetter account is simple and less time-consuming. Simply follow the steps below to get started.

  1. Go to the MuchBetter Sign Up page or download the MuchBetter app on your phone.
  2. Fill in the quick form with the required data such as your active phone number, desired passcode, currency, name, email, address, etc.
  3. Once you have completed the form and submitted it, MuchBetter will send a 6-digit confirmation code to your phone number. Enter the code in the specific field on the next page.
  4. After successfully verifying your phone number, MuchBetter will send an SMS to your phone with a link to download the app from Google Play or the Apple App Store.
  5. After that, you can log in to your account with your phone number and the passcode you set before and start funding your wallet and making transactions.

Steps To Verify Your Account

After creating an account, which is simple and quick to do, you must verify it before using the payment method at online gambling operators. Besides, you will get a free MasterCard and enjoy your account’s highest limits by verifying your account (EU customers only!). The process for verification is as follows:

  1. After launching the app go to the Account Options. Then go to “Limits” and click on the “Raise my limits” button.
  2. Then, you have to give one of your Identity verification documents between your National ID card, Passport, or Driving license.
  3. Select your chosen verification document as well as your home country. The ID document must not be out of date.
  4. Now is the time to take a picture of your document and double-check that it meets the standards. Simply follow your device’s comprehensive instructions. Your account will be verified shortly after the company verifies your document.

Security of MuchBetter?

MuchBetter not only uses cutting-edge technology to ensure security, but its service is also specifically developed for online gambling. You can use your biometrics such as a fingerprint to access your account instead of a passcode. Additionally, you have to enter a unique activation number sent to your phone number when logging in to your account through a new device.

MuchBetter’s card also has a dynamic CVV. With this CVV, you’ll never use the same code twice. This procedure assures that you are completely safe during each transaction.

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