MuchBetter vs. eCheck

Online casino players are constantly on the lookout for the best payment methods to use for deposits and withdrawals across online casino sites. They are searching for the perfect method to use that would provide them with fast transactions, convenient banking, and low costs. However, there are plenty of solutions available across online casino sites, and the part of choosing one to use can be quite confusing and time-consuming.

The reality is, many existing land-based payment solutions have gone digital, and many brand new solutions have appeared throughout the years, and that’s why the choice is so huge. In this occasion, we want to present two solutions that are really different, yet offer some incredible things for different types of online casino players, MuchBetter and eCheck. Which one to use across online casino sites, MuchBetter or eCheck?


MuchBetter vs. eCheck – Introduction

When you first check out MuchBetter and eCheck, you can see that they are completely different payment solutions when it comes to the way they work. They are based on two different concepts and have their own systems that enable money transfer over the internet. But, you can also see that they share some values, among which we can mention cost-effective and secure transactions.


…is a global eWallet. It is not just any eWallet, but it belongs in the group of eWallets which have revolutionized online banking as we knew it. It is literally the eWallet that changed the way online banking should be practised, as it managed to break the iGaming cash monopoly and opened a new horizon to online users.

It gained recognition…

…the very moment it was released, mainly because it offered something no other eWallet did at the time, transactions in both fiat currencies and cryptocurrencies. This changed the game for good since other eWallets were only offering transactions with fiat currencies. MuchBetter took the blockchain technology and used it to provide safe pathways for cryptocurrency users to store, pay with and receive coins on their eWallet.

Another reason why it became online casino players’ favourite is because it is accepted as both a deposit and a withdrawal method, which comes with extremely low fees and allows for near-instant transactions, both ways. That's something online casino players look for when choosing a payment method. They want one method that could be useful both for funding their accounts and cashing out their winnings, at a low price and at a fast rate. 

Last but not least…

…the eWallet can be funded with world-class, widely-used payment methods, so you won’t experience any problems with that part. Plus, it values your loyalty and rewards you for it. With each transaction you make with it, you accumulate loyalty points which can later be used in your advantage. Therefore, it is safe to say that this is, indeed, a perfect eWallet to use if you’re a player that’s looking for a modern way to transact online and make deposits and withdrawals across online casinos with.


…is a solution that you’re familiar using if you’ve ever used paper checks as a payment method. As implied by its name, it is an electronic check which functions basically like paper checks, but it can be used online. As a check, it goes without saying that you need a bank to use it. This means that in order to use it across online casinos, you would first have to visit your bank to get issued with one. The bank would be involved in the whole money transfer process, as it will process and execute the transaction. Therefore, you would need to have a bank account with a bank and it means that the transaction would not be processed near-instantly as with MuchBetter, but would require some time.

That’s basically…

…one of the main reasons that discourage online casino players from using it, at least players who are in for some really fast transactions. The processing time with eChecks is around 3 to 5 days, but it can take even longer, depending on the parties involved. But, before you get all discouraged, let’s remind you that to get issued an eCheck, you are required nothing more than a bank account. No need for credit cards, no credit history reviews, no disclosure of any other details, nada. And with it, you get a guarantee that the transaction will get to the desired destination in a safe and secure way. So, if you’re interested in safety and security and don’t mind the waiting times, make sure you consider it.


Getting Started with MuchBetter and eCheck

If you’ve ever had an account with an eWallet, you should know how the procedure of getting started with MuchBetter is. You would need to visit its official website. Once there, you would need to choose whether you’d like to get started with your desktop or mobile device, ergo via a web browser or via an app. If you choose the app, you should know that it is downloadable for both Android and iOS devices. Provide some basic information about yourself and your phone number. Your valid phone number is needed later as it would serve for identity verification. You then need to choose your 4-digit PIN code and provide any needed ID documents, a copy of your ID or passport, for instance.

You can then proceed…

…and fund your eWallet account. Bank transfers, credit cards, gift cards, and debit cards are all your options for funding your account, for a fee that goes from 1.4% to 1.65%. As mentioned, though, you have a wide choice of currencies and cryptocurrencies to use, so if shifting from one to another, you would need to pay a 0.99% conversion fee.

While talking about the transactions…

…it is nice to mention that for each payment of $10 or currency equivalent, you collect 1 Reward Point. Accumulate your points, and each week, you will see them being put in the monthly Free Draw, where winners get a cash prize from $2.5 to $100. 

To get started with eCheck…

…however, you'd have to start the process of application. You should know that a lot happens in the background once you start your registration, and several legit establishments are involved. You need to provide the necessary personal info and your bank account details. This info is sent to a middle man like to process it into useful data for the bank, and then sends that data to ACH Network (Automated Clearing House Network). This is a network where financial institutions collaborate in order to clear eChecks. The ACH Network verifies that all the info and data are legit, and sends a request to your bank to process the transaction, the funds that you requested. Using ACH, the bank transfers the money to your account, and you are ready to use the eCheck.

The eCheck…

…as you can see, must be cleared, just like paper checks, and since this process involves a lot of institutions and authorized financial middlemen, it takes a while. But, it also means that your transaction is impenetrable by third-parties. Once the money is cleared and it reaches your eCheck, you are free to use it just like regular paper checks, and pay with it wherever you want.


Using MuchBetter and eCheck across Online Casinos

Now that you know how to get started with these payment methods, it is time to learn how to use them across online casinos. But first, of course, you have to find online casinos that accept them. You will see that over 300 online casinos accept MuchBetter, as the eWallet has become quite a popular solution among players. eChecks are also widely accepted, so you should have no problem finding a site that you like to join. Once you do, you can start depositing.

To make a deposit with MuchBetter…

…you would have to log in to your online casino account and go to the Banking/Cashier/Deposit page. Find MuchBetter’s logo and tap or click on it, depending on the device you’re using. A pop-up window will appear, where you’ll need to enter your mobile phone number. Do that and then enter the amount of money you would wish to fund your casino account with. Make sure every detail is in place, and then confirm the transaction. Once you do that, MuchBetter will instantly transfer the money from your eWallet to your online casino account. You can start playing your favourite games right away.

Withdrawing with it…

…is done in pretty much the same way. You would again have to log in to your online casino and visit the Banking/Cashier/Withdrawal page. Find the eWallet from the listed options and tap or click on it. Enter the amount of money you would wish to withdraw, and then provide the necessary ID documents to complete the transaction. Upon withdrawals, due to the KYC (Know Your Customer) protocol, you would need to identify yourself by providing a copy of an ID document. This would only be required on your very first withdrawal, though. After the casino checks your request and approves it, the money will arrive on your eWallet account. The money would reach the account in no more than 3 days.

Deposits with eCheck…

…are incredibly straightforward. As long as you have your eCheck at your disposal, you can fund your online casino account in just a few steps. Go to the casino’s Banking page and find its logo. When the pop-up window appears, enter the eCheck information along with your basic personal information, the ones required, and confirm the transaction. Since your check needs to be cleared by the authorized financial institutions and middlemen, the money would arrive on your online casino account in 3 to 5 days, to say the least.

Withdrawals with it…

…however, are even simpler. All you need to do is go through the same process again and enter the necessary details. However, the casino, once it reviews and approves your withdrawal request, will send the money directly to your bank account. That way, you won't need to go through intermediaries to cash out your winnings. Remember, though, that it will take some time for the money to arrive on your bank account, so stay patient and do not worry about the safety of your money, as the money is in good hands.

Benefits and Downsides

As you could see, MuchBetter and eCheck are completely different payment solutions, but they both offer secure and low-cost transactions. Individually, these two payment methods can be beneficial to one group of players and inappropriate for another group of players. Therefore, let's check out the pros and cons you can get by each of these solutions so that you can decide which one would suit you better.


With MuchBetter…

…you get many benefits. You get to play across over 300 online casinos and get near-instant deposits and pretty fast withdrawals. MuchBetter processes withdrawals instantly, but it takes the casino some time to verify and approve your request. Therefore, the eWallet promises for your withdrawals to be accessible no later than in 3 days.

Among other perks…

…we can mention the effortlessness and easiness with which you can get started with MuchBetter and use it across online casino sites. Accessible via any device, and with transactions available in both fiat and digital currencies, this eWallet is the perfect solution for millennial players looking for a modern way to play online casino games.

The major downside would be the fact that it comes with fees. And even though these fees are really insignificant, up to 1.65%, they do apply and this is one of the things that discourages players from using it.

On the other hand, eCheck…

…is a traditional payment method, connected to banks, which would suit more those players that are used to using paper checks to make payments across different industries, and certainly not millennials. The fact that it is connected to banks and you have to reveal your bank account details is what discourages players. But, that’s what actually makes it such a safe and secure method. Your transaction goes through several financial institutions before it is cleared, and no one can tamper with your money.

One of the biggest disadvantages…

…however, is the fact that both deposits and withdrawals with it take 3 to 5 days, the least. No online player wants to wait that long for deposits, even though waiting for withdrawals is generally accepted. Therefore, compare all the advantages and disadvantages to using either of these payment solutions and choose the right one for you.

Payment Methods Comparison
Payment methods name MuchBetter eCheck
Available accounts 1 account 1 account
Available currencies EUR, GBP, USD n/a
Account management fees free n/a
Account unused Inactivity Fee n/a
Exchange fees (FX) 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 n/a
p2p Money transfer
Send money p2p free n/a
Receive money p2p free n/a
Deposit fees
Bank transfer 0% - 5% (SEPA Bank Transfer: free) n/a
Credit card 0% - 5% n/a
Withdraw fees
Bank transfer 0% - 5% (SEPA Bank Transfer: 2.20%) n/a
Prepaid card at the ATM 0.99% n/a
To merchant site free n/a
Cashback and promotions
Promotions Mega Draw n/a
PrePaid card MuchBetter Prepaid Mastercard n/a
Fee to order free n/a
Membership free n/a
Costs for cash withdrawals at the ATM 0.99% n/a
Costs at points of sale free n/a
Online bank statement free directly from the app n/a
New PIN free n/a
New prepaid card 10 GBP, EUR n/a
Cash withdrawal at ATM limits/24h 300 GBP, EUR n/a
Points of sale limits/24h 4,500 GBP, EUR n/a
Delivery time up to 5 days (UK), 10 business days (EU) or 2-3 weeks (Norway) n/a
Prepaid card available currencies EUR, GBP, USD n/a
Link to terms & conditions

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