MuchBetter vs. Paysafecard

Alternative payment methods are taking over the online gambling industry, and MuchBetter and PaySafeCard are some of the players' favourite options. These two, although offering different services, are incredibly popular among players, as they are both easy to get started with and use, and offer players an alternative way to transact online without the need of sharing any important banking details with operators. They are both offered across hundreds of online casinos, so it won't be difficult for you to find a proper casino to join and play at using one of them. Which one to choose as your payment method, MuchBetter or PaySafeCard?

About MuchBetter and PaySafeCard

As an online casino player, you must have seen MuchBetter and PaySafeCard being offered across many sites, since the two are incredibly popular solutions, especially across those jurisdictions where gambling with credit cards is banned, like the UK. Or, across international sites that accept players from all across the globe, players who wish to keep their banking details to themselves. The reason behind this is the fact that the two are alternative payment methods that would allow you to make safe and easy transactions without sharing too much about your financial situation with the operator.

muchbetter

MuchBetter has been quite popular across online casinos since day one, ever since it was founded in 2017. Being launched not that long ago, it is the ultra-modern and inventive eWallet solution that will solve many of the issues you were facing as an online casino player. For one, it is a solution that is accepted literally all across the globe, so availability won’t be a problem. Even though it started out across several countries only, today, its services are available all across the world.

Two, you will benefit immensely from its ability to process transactions in both fiat and digital currencies. This is its forte, and one of the reasons why it took off and became as popular as it is since the moment it was launched. The fact that you can make deposits and withdrawals one day with the US dollar, for instance, and with Bitcoin, the next day, is simply amazing, and the reason why MuchBetter is players-favourite.

And three, MuchBetter is actually one of the best eWallets to use out there. It is offered in many languages, many countries, across many casinos. It has been recognized by the online gambling industry experts, receiving two SBC, two EGT, two Payments Awards and many other accolades that further strengthened its position as a leading eWallet solution. The industry appreciates it for its innovation and brilliant solutions, the loyalty points it gives users, the top-notch mobile app which makes mobile gambling easier than ever. And that’s why it has made a boom and broken the cash monopoly in the online gambling industry, offering a truly remarkable alternative banking.

PaySafeCard is one of the first products launched by PaySafe Group, one of Europe’s most renowned financial companies, the name behind two other successful alternative solutions, Neteller and Skrill. The company launched PaySafeCard in 2000, so the solution has been circling around and being offered across online casinos for more than two decades. As implied by its name, it is a card, a prepaid card, that can be purchased both online and offline, in more than 40 countries across the globe, and provide you with a seamless, more private type of online banking.

In fact, throughout the years, the simple, regular prepaid card, received many improvements. Several card types have been launched, to cater to the demanding fan base. The solution has partnered with MasterCard, to provide users with the MasterCard PaySafeCard, a reloadable prepaid card that can be issued anywhere MasterCard cards are issued. Then, there's the card that can only be purchased and used online, MyPaySafeCard. And then, thanks to the UKash acquisition, you have another service that you can explore when you get started with this solution.

Now, what makes PaySafeCard stand out from the crowd of prepaid cards offered across online casinos nowadays? Put its track record and over 20-year-long history aside, and the first thing you’ll notice is its availability across online casinos. Believe it or not, and this must be mentioned here, PaySafeCard is available in more than 900 online casino sites! This is a huge number, that rarely can any other method top.

Its secret? The solution has been licensed and approved by the Financial Conduct Authority, it has PaySafe Group behind it and it is incredibly easy to use, so there’s no reason why players should choose any other prepaid card over it. Moreover, it offers two dedicated apps, one for Android the other one for iOS devices, that you can download and have incomparable banking and gaming on the go. Stay with us to learn more about it before you start using it as your payment method!

Getting Started with the Two Methods

As you will see when you start the registration procedure, both MuchBetter and PaySafeCard are easy to get started with and use.

To start using MuchBetter…

… you would need to visit its official website. Once there, you would need to decide whether you’d want to download its high-end app via Apple App Store or Google Play Store or continue with the website. Either way, you would need to sign up for an account. The registration starts as soon as you’ve downloaded and installed the app or as soon as you press the Sign Up for Free button on the website.

You would need to share some personal information, but most importantly, your mobile phone number, as it would serve as your ID from there on. You'd need to attach an ID document copy to verify your identity and come up with a 4-digit code. Then, the next step would be funding your eWallet. There will be many payment methods at your disposal, such as direct bank transfer, credit and debit cards, gift cards and even many other eWallets.

Each will charge a different fee, from 1.4% to 1.65% for topping up the account. There will be an extra 0.99% currency conversion fee if you want to use a currency different from the one used in your country. The good news is, if using digital currencies, there won’t be any fees. That’s thanks to MuchBetter’s efforts to team up with and use Bitcoin’s integrated conversion mechanism, it can provide you with a secure gateway to make fee-free and safe crypto transactions.

To get started with PaySafeCard…

… you’d also need to visit its official website. Once there, go to the Personal account page, and locate the tool that will help you find outlets that sell PaySafeCard prepaid cards. Just enter your home address, postcode and town, and the tool will generate some PayPoint outlet options for you, from the over 650,000 available, which are in your vicinity. These will be gas stations or stores that you already know, so don’t be surprised if the first nearest outlet is just around the corner of your house.

However, as we said, you can purchase your card online, too, but for that, you’d need to register an account with the solution, which can be done in seven simple steps. These would be sharing your country of residence, name, email address, and other details and necessary documents that will verify your identity. By creating this account, you will have an insight into your spending, but you will also get to use larger denominations when purchasing the card.

paysafecard

Usually, the cards come in denominations of $10 to $100, depending on your country of residence. But, when you have the account, you can get better limits. To fund the MyPaySafeCard, you can use your regular PaySafeCard card, bank transfer or any credit card. Remember that you also have the MasterCard version, which you can apply for via your newly registered account, or in any bank/financial institution that issues MasterCard cards.

Regardless of the card type you choose to go with, as soon as you’ve loaded your prepaid card, you’ll receive a 16-digit code. You'll be using that code and nothing else when transacting with your prepaid card, so keep it safe and away from third parties.

Using MuchBetter and PaySafeCard Across Online Casinos

We said that PaySafeCard is accepted in more than 900 online casinos, and that's no surprise, considering its more than 20 years of history in the industry. But what may surprise you is the fact that even though launched only in 2017, MuchBetter is already available in more than 500 online casinos! Talk about a popular eWallet! That’s right, MuchBetter’s availability is stunning, especially because it has not been in business for that long.

This means that whichever of the two you choose to go with, you won’t be wasting much of your time finding a casino to join. As soon as you do, you can make your first deposit.

To fund your online casino account with MuchBetter, go through these steps:

  1. Visit the casino’s Cashier/Payment Methods/Banking page.
  2. Locate MuchBetter’s logo and tap on it.
  3. Log into your account using your credentials in the pop-up.
  4. Enter the amount of money you’d like to deposit and wait for the confirmation message, which should arrive on your mobile device.
  5. Confirm the transaction and watch the money arriving instantly on your casino balance.

When it comes to cashouts with MuchBetter, the eWallet has the ability to process withdrawals quickly. However, as with all withdrawals, the casino would need some time to process it, up to 48 hours usually, to check whether you have everything in order, whether you have met all the wagering requirements. As soon as it approves it, you will find your winnings on your eWallet account. To request your withdrawal in the first place, just go through the same procedure as described for depositing.

To make a deposit with PaySafeCard, do only this:

  1. Find PaySafeCard on the casino’s Payments/Banking/Cashier page.
  2. Specify how much you’d like to deposit and just enter the 16-digit code.
  3. The money will arrive instantly on your casino balance!

In just three simple steps, you’ll have funded your account! But, unfortunately, it won’t be that simple for withdrawals. First of all, you will find out that not all casinos that accept it for deposits also accept it for withdrawals. The reason is obvious: this is a prepaid card, not an eWallet. You cannot simply request a withdrawal with it, as the casino won’t have a return address to send you your winnings.

Luckily, there’s one sure option, MyPaySafeCard. If you have this type of PaySafeCard, you can actually request a withdrawal. The withdrawal procedure will be similar, and pretty intuitive, as you will see, so just make sure the casino accepts it for cashouts and you’re good to go.

Advantages and Disadvantages

As two extremely popular alternative methods across online casinos, MuchBetter and PaySafeCard, as you could see, come with many shared values. The most obvious one, which can be considered the biggest advantage, is the fact that the former is accepted in over 500, while the latter in over 900 online casinos. So, you can rest assured that the best casinos would be your choices to join!

The second shared perk the two offer is that they are both available to players from all around the world. And the fact that they are both offering their services via mobile devices, so you can experience a seamless mobile gaming time. Thirdly, they are both excellent alternative methods, which keep your banking details away from operators. And finally, we must mention that they are both incredibly easy to use, offer instant deposits, and are quite popular with online casino players for these reasons.

MuchBetter goes the extra mile to make you feel appreciated for using its services, by giving you loyalty points. But, while no fees apply when using crypto, actually, to fund your eWallet with any other method you’d have to pay a fee. That’s its major disadvantage. PaySafeCard, on the other hand, is not always available for withdrawals. You’d have to have the MyPaySafeCard prepaid card to request a withdrawal with it, actually. This is the biggest downside to it.

Other than these obstacles, as you could see, MuchBetter and PaySafeCard are two methods you should consider using as an online casino player. They both come with unrivalled perks and are free to try, so make sure you at least give them a try. You certainly won't regret doing it, as you’ll be able to decide which one would suit you better and start using it right away!

Payment Methods Comparison
Payment methods name MuchBetter Paysafecard
Available accounts 1 account 1 account
Available currencies EUR, GBP, USD USD, ARS, BGN, CAD, CHF, DKK, GBP, HRK, HUF, LVL, NOK, MXN, NZD, PEN, PLN, MDL
Account management fees free From the 13th Month, a monthly fee of 5 GBP will be deducted from the paysafecard account if the customer has not carried out any transactions in the paysafecard account within 12 months.
Account unused Inactivity Fee 5 GBP per month
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 3%
p2p Money transfer
Send money p2p free Both the use of paysafecard prepaid codes and payment using the paysafecard account are basically free
Receive money p2p free Both the use of paysafecard prepaid codes and payment using the paysafecard account are basically free
Deposit fees
Bank transfer 0% - 5% (SEPA Bank Transfer: free) 4 %
Instant bank transfer n/a 4%
Credit card 0% - 5% 4%
Withdraw fees
Bank transfer 0% - 5% (SEPA Bank Transfer: 2.20%) 6 GBP
Prepaid card at the ATM 0.99% 3% (min. 3 GBP)
To merchant site free free
Cashback and promotions
Promotions Mega Draw n/a
PrePaid card MuchBetter Prepaid Mastercard paysafecard Mastercard
Fee to order free 8 GBP annual
Membership free 3 GBP from 7th month
Costs for cash withdrawals at the ATM 0.99% 3% (min. 3 GBP)
Costs at points of sale free The transaction fee is a customer fee which can be charged by individual pre-defined retailers and which must be declared.
Online bank statement free directly from the app n/a
New PIN free n/a
New prepaid card 10 GBP, EUR 4 GBP
Cash withdrawal at ATM limits/24h 300 GBP, EUR 400 GBP
Points of sale limits/24h 4,500 GBP, EUR 1,500 GBP
Delivery time up to 5 days (UK), 10 business days (EU) or 2-3 weeks (Norway) 4 to 20 working days
Prepaid card available currencies EUR, GBP, USD USD, ARS, BGN, CAD, CHF, DKK, GBP, HRK, HUF, LVL, NOK, MXN, NZD, PEN, PLN, MDL
Two factor authentication n/a 3D Secure
Link to terms & conditions https://muchbetter.com/legal/ https://www.paysafecard.com/en/terms-and-conditions/

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