Since yourself PayPal has withdrawn from the German gaming market, many visitors are looking for Online gambling halls for a suitable alternative. A Payment method, which is also becoming increasingly popular in Germany, is definitely MuchBetter. What exactly is behind it and how a deposit works, I'll tell you here.
How widespread is MuchBetter as a payment method in online casinos?
Payment service providers like Neteller or Skrill can be found in almost all of them Online game libraries. Things look a little different at MuchBetter. Because here many casinos are just coming up with the idea of offering the increasingly popular service. Nevertheless, there are already many big names like Wunderino, 888 slots and Casumowho rely on MuchBetter.
How does a payment with MuchBetter work in an online casino?
MuchBetter is a modern payment service, for the use of which the MuchBetter app is mandatory. There is no desktop version of MuchBetter, so the service is primarily aimed at users who are mobile on the Internet. Before you can start, you must first install the app on your smartphone and create a user account. You can then load money into your account in a variety of ways and then use the balance to pay in the online casino.
To deposit money in the casino, you first select "MuchBetter". You will now be asked for your mobile phone number, which you provided when you created your MuchBetter account. Then all you have to do is open the app and confirm your payment. The money is then immediately available in the casino.
Are payments safe?
MuchBetter is backed by the well-known British company MIR Limited UK Ltd., which is regulated by the FCA (Financial Conduct Authority). So it is an absolutely reputable provider. The highest level of security is also guaranteed for the payment itself. This is because this is only carried out if the correct, previously selected security code has been entered on the mobile phone. Alternatively, you can conveniently confirm payments via Touch ID if your smartphone has this function.
Are there any fees?
When you deposit money in an online casino, most providers do not charge any fees. However, as a precaution, you should check this beforehand. It is annoying, however, that MuchBetter charges a fee of 3 euros if existing credit is to be transferred to its own bank account. If it is a foreign bank account, fees of 40 euros are due.
Advantages and disadvantages of paying by MuchBetter in the casino
Pro:
- Very easy and quick processing of deposits in the online casino
- Secure transactions thanks to a personal PIN or Touch ID
- High level of security through regulation by the FCA
- The transferred money is immediately available to you
- Payouts of winnings are also possible
- Current account balance can be called up immediately via the app
cons:
- Charges apply when withdrawing funds from the bank account
- Currently only available as an app, but not in a desktop version
- The service is not yet available in all online casinos