MuchBetter is a great payment method for those who are looking for an alternative from the traditional banking options. The presence of MuchBetter India is felt quite significantly in the online gambling space, where traditional options simply do not cut the mustard. This is a multiple award-winning platform that has seen a rapid rise in popularity over the last couple of years.
- Very low fees for deposits and withdrawals
- Mobile app is extremely good in terms of design and intuitiveness
- Very safe and secure platform
- Global acceptance
- Many funding options for adding money into the account
- Support for Indian rupees
- Lack of VIP facility
- Lack of MasterCard option in India
History of MuchBetter
MuchBetter India is a relatively new payment option that has sprung up in a very competitive industry. Yet, it has already picked up several accolades at various awards ceremonies. Founded in 2016, MuchBetter started out with a focus on the United Kingdom and other European countries. Now, more than 500 merchant options have been brought into the wing for providing deposit and withdrawal options. The reliability and safety of this platform is unquestionable and it is certified and licensed by the Financial Conduct Authority (FCA).
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Yes, MuchBetter India is a very safe way to transfer and send money. It complies with all the rules and regulations of the online payment industry.
MuchBetter users will be able to benefit from safety measures like data encryption, transaction reviews, and dynamic security codes. These are applicable for all accounts.
Unfortunately, MuchBetter MasterCard is available only in the European region. Furthermore, only the banking sector is allowed to issue credit/debit cards in India and MuchBetter does not fall under this category.
MuchBetter has not yet brought out support for Indian rupee to make a deposit. The only currencies available to deposit funds are GBP, USD, and EUR.
MuchBetter VIP Review
There is no dedicated VIP program at MuchBetter. However, all users will continue to get the same level of support that has made the brand quite popular. In fact, the support and service provided by MuchBetter is extremely good as any queries are likely to be taken up by the staff within 30 minutes. Even in very rare situations, the response time can be around an hour. This award winning payment option not only provides email support, but one can also reach out to the brand using the social media platforms. Often, the latter will result in an even faster response.
All users will have to go through the familiar set of steps and instructions in order to be a part of the platform. The lack of a dedicated VIP program actually makes things a lot easier while still not losing out on advantages like better support and lower transaction fees. One can also get their hands on some exciting rewards, which can be available through tasks like referring a friend.
MuchBetter India Currency Options
The currency choices put forward by an online payment service is very important. The global presence of MuchBetter leads to the platform primarily offering support for three major currencies – United States Dollar, British Pound Sterling, and Euro. Irrespective of the currency that a user opts, a certain level of limit is imposed on the account if it is not verified. After verification, the user will be able to unlock the potential of the account. There is a minimum deposit figure of 10 EUR / GBP / USD that is applicable on the platform. Similarly, there is a minimum withdrawal limit for users depending on the currency. A good idea of the personal limits, which are applicable to the region of residence, can be found within the app.
MuchBetter India Transfer Fees and Exchange Rates
The biggest highlight of MuchBetter would be the significantly low transaction fee that is being charged by the platform. The online casinos and betting sites, which are largely the places where most MuchBetter transactions takes place, will often skip the charges and there may be some exclusive bonuses too. For those traveling to Europe, the MuchBetter MasterCard would be a great option, as it can be used to take out casino wins from ATMs. The charge for such a transaction would be only 0.99%.
There are other fees that can be incurred by the user and one of the crucial would be topping up the balance. Some of the funding options do not come with any charges, while certain deposit options can end up incurring a maximum fee of 8%. For example, if someone is looking to fund their MuchBetter India account with a MasterCard or Visa, the fee would be 5%. However, this is ultimately dependent on the location. The payment limits for Indian users are at a comfortable limit. MuchBetter also comes up with the option of using cryptocurrencies like Bitcoin for funding the account and the fees would be 2% in this regard.
MuchBetter Mobile App Review
The true essence of MuchBetter India lies in the app experience. It remains a key tool for accessing the platform. Unsurprisingly, the experience provided by the app is of the highest order and users will be treated to an interface that is very intuitive. The app will be able to provide almost every function of the platform in a crisp package. Hence, the app will be more than sufficient for taking care of functions like adding friends, withdrawing funds, creating new accounts, completing verification processes, and much more.
There is no complex procedure involved for getting the app on a smartphone. Depending on the operating system (Android or iOS), one has to head into the appropriate store and get the app. This process would not take more than a minute. Once the app has been downloaded and installed, it can be used to create an account.
MuchBetter e-Wallet Review
Money Transfer Options
- Merchant sites
- Bank transfer