MuchBetter vs. CASHlib

Online casino players are showered with choices when it comes to payment methods to use to fund their accounts and cash out their winnings. And in the search for the best payment method, you would probably ask yourself which one would provide you with the most benefits, and which one to avoid.

If you’re having a dilemma about whether to choose MuchBetter or CASHlib, we have done the job for you and provided you with a thorough comparison of the two methods. Which is better to use across online casinos, MuchBetter or CASHlib? The answer will depend on your needs as a player, but find out more about them to get a better idea. 

MuchBetter and CASHlib – The Basics

If you’re considering using either MuchBetter or CASHlib, it means that you’re looking for an alternative to credit and debit cards to use for online gambling purposes. We can conclude that because both of these payment options are intermediaries, methods that don’t involve any bank account. 

MuchBetter…

…is an eWallet, which is used all across the globe. There are no country restrictions to it; on the contrary, it allows payments in multiple fiat currencies and cryptocurrencies and its website is available in several languages. 

When it first appeared, it didn’t immediately receive the recognition it deserves. But as users saw the benefits it could offer, its popularity gradually grew. The online gambling industry saw its potential, too. It became the number one choice of many online casino players looking for a solution that would provide them with more benefits than any other. And MuchBetter is such a solution. For each transaction you make with it, you collect loyalty points which can later be cashed out or used for future payments.

The best part is, even though you can use traditional payment methods to fund it, such as credit and debit cards, your bank account details will never be shared with the casino. Therefore, even if you put money on your eWallet account from your bank account directly, the bank details will be completely left out upon your online casino account registration. 

CASHlib…

…on the other hand, is a voucher system that has not yet gone global, but is available in several countries across Europe. It was developed in 2015 with the aim to fill the void on the market caused by the shutdown of many popular prepaid cards at the time. 

As an online casino payment method, it does miracles for those players who wish to keep their banking details private. To purchase a voucher, the online casino player has two options: buy it at a local offline location, or buy it online. This is one of the many advantages you can get with it. With most vouchers available as a payment method across online casinos, you would have only the offline option, but CASHlib vouchers can be purchased online, as well, so that you won’t need to leave the house in order to be able to fund your online casino account. 

However, one of the evident disadvantages is the fact that it can only be used in several countries across Europe. The following are the countries where you can find offline locations to purchase the voucher.

• Spain;
• Germany;
• Greece;
• The Netherlands;
• Poland;
• France;
• Luxemburg;
• Belgium;
• French Guiana;
• Guadeloupe;
• The UK.

If you’re a player from one of these 11 countries, you could choose CASHlib as your payment method and enjoy a seamless online gambling experience with it. 

Getting Started with MuchBetter and CASHlib

Before we get into the detailed instructions, you should know that getting started with both of these payment solutions is extremely easy. That’s another benefit you get for choosing either, their simplicity. 

To begin your experience with MuchBetter…

…you would need to create your eWallet account. You can do that by going to its official website. You will get two options: create your account on the web browser or download an app and then create your account on your mobile device. Don’t worry, there are two separate apps for Android and iOS devices. 

Once you choose the option that suits you most, you can start with the registration. After you’ve entered some basic information about yourself, you would need to enter your exact phone number. It will serve as your user ID in further procedures. A copy of an identification document would be needed upon authorization, as well. After you provide the required info, you would need to come up with a 4-digit code as a PIN code, and you’ll be ready to use the wallet. 

Of course, in order to use it, you would need to fund it with money. As introduced, MuchBetter gives you several options for funding the account, among which you have debit and credit cards, digital currencies, another eWallet, gift cards or a direct account transfer. 

Fees ranging from 1.4% to 1.65% will apply, depending on the method you choose to fund your account with. Currency conversion fees that may apply would be 0.99%. If you go with cryptocurrencies, you should know that no fees would apply. In collaboration with Bitcoin, MuchBetter allows you to send and receive coins via your eWallet, with the address it provides you with, the fiat currency to digital currency conversion mechanism and the safe gateway.

With CASHlib… 

…too, you have two options to get started. You can either purchase your voucher from the commodity of your home, or you can get to the nearest offline location. For the former option, you would need to visit BeCharge platform, while for the latter, you would need to bring cash with you to purchase the voucher. 

If interested in learning the nearest locations, CASHlib vending points, you should go to its official website. There’s a store locator which automatically finds the nearest locations to you, as soon as you enter the name of your city and your home address. 

The voucher can be funded with a minimum of €10 and a maximum of €250. However, if you want to make bigger deposits at your online casino, you’d be glad to hear that you can purchase up to five vouchers at one point, and make an online casino deposit with them of up to €1,250. 

The online purchasing service is only available to a few of the 11 countries the voucher is available at. Those countries are Spain, Belgium, the Netherlands, Luxemburg, the UK and France.

Once you purchase your voucher, in one way or the other, you will be provided with a 16-digit code which would be your ID when you’re about to make an online casino deposit or another online purchase with it. Therefore, you would need to keep the code safe, not share it with others, to prevent identity frauds and money loss. 

Depositing and Withdrawing with the Two Payment Solutions

If you’ve ever used an eWallet or a voucher to make a deposit across online casinos, you will have no problems when it comes to depositing with either of the two methods. But even if it’s your first time depositing with MuchBetter or CASHlib, you should experience no issues at all. As mentioned, they are pretty easy to use, and the whole process would take only a few minutes of your time. 

To start using MuchBetter…

…you would need to find an online casino that offers it as a payment method. Log in or sign up for an account at that casino, and go to its Banking page, or sometimes found like Cashier page. Find MuchBetter’s logo and click on it. On the screen, you will see a form asking you to enter your eWallet log-in information. After that, you’ll need to enter the amount of funds you wish to transfer, and your phone number, to complete the transaction. Confirm the transfer, and the money will be on your online casino account instantly. 

Repeat the process…

…to make a withdrawal with it. Go to the Banking/Cashier page after you win some money, and click on MuchBetter’s logo. Enter your phone number, the money you wish to withdraw, and confirm the request. This time, you should expect the money to reach your eWallet account in three days. The casino would need to review your request and validate it before it sends the money to your eWallet. That’s a process that requires a couple of days. 

CASHlib…

…is even easier to use when it comes to deposits. After you’ve purchased your voucher, you can use it across any online casino that accepts it as a payment method. You would need to find its logo, click or tap on it, and you will see a new window appearing. This is where you’ll need to enter the required information, as well as the 16-digit PIN code you’ve received when you purchased the voucher. The next step is confirming the transfer. The money will, just like with MuchBetter, be on your online casino balance in an instant. 

Unfortunately…

…you cannot make withdrawals with CASHlib. Being a voucher system, it is impossible to withdraw with it, since there is no actual destination for the casino to send the money to. When you get the voucher, you don’t create an account with it. Therefore, you would need to look for an alternative withdrawal method if you choose to deposit with CASHlib. You would need to provide the casino with a return address, a destination where it could send your withdrawals to. This, of course, is another disadvantage of the voucher. 

Pros and Cons

To summarize…

…you could see that both payment methods have their own perks and drawbacks. What they both share is security and instant deposits. The fact that they both give you the chance to fund an online casino account without involving your bank is what makes them completely safe and secure options for depositing. And, the fact that they can provide you with instant deposits is what makes them convenient to use for online gambling. 

The eWallet…

…MuchBetter offers many other benefits. It is available in several languages, currencies and cryptocurrencies, for one. Two, it is extremely easy to use and compatible with mobile payments. Three, it is available globally, so there are no country restrictions. Four, it gives you Reward Points on every transaction you make. You get 1 point for each $10 transaction. Five, it can be used for both deposits and withdrawals. And finally, it is getting accepted across many online casino sites, and that number continues growing. The only drawback with this payment method is that fees apply when funding it and using different currencies. These are small fees, but still, they apply. 

The voucher…

…CASHlib also offers many perks. Compared to other vouchers, it gives you a thing that no other voucher does: the chance to purchase it online. Your money is safe because unless you share the 16-digit code with someone, no one can ever use it other than yourself. The voucher you purchased is not connected with any bank or credit/debit card, which makes it even safer. However, there's the fact that you cannot use it for withdrawals, and that's its major drawback. Plus, you cannot use it if you're a player from, say, the USA, Canada or Australia. Finally, it cannot be reloaded, so if you’ve purchased only one voucher with a specific sum of money, and you wish to deposit more at your online casino, you would be impaired to, and you would need to make another purchase to continue playing.

Therefore…

…in order to choose the one that would suit you most, you would need to consider all the pros and cons of both of these methods. They can both be truly beneficial, depending on your needs. Make the right choice and start playing your favourite online casino games with fast and safe deposits with either of the two solutions.