MuchBetter vs. Visa Credit

Ever since online gambling became more modernized, more available and more mobile-friendly, players’ behaviour across casino sites changed. Some chose to stick with their usual ways of depositing and withdrawing, while others adapted to the improvements and chose to go with the flow.

By that, we mean some players chose to continue playing with methods they know well and are comfortable using, like VISA, while others decided to try out new solutions that would be even more convenient for mobile gambling, like MuchBetter. In fact, these two solutions are the ones that are always featured, recommended across online casino sites, and preferred by different groups of players. Stay with us to learn the answer to the question: why are MuchBetter and VISA awesome payment methods across online casino sites?

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MuchBetter vs. VISA – The Basics

There’s a core difference between MuchBetter and VISA that makes different groups of players prefer one over the other. The former is an alternative, modern solution to transact online, while the latter is more of a conventional solution which is tied with your bank account directly.

But they have shared qualities which make them equally beneficial for online casino players. They are both safe, secure and easy to use.

MuchBetter…

…is one of the coolest eWallets out there, which was designed with the mobile user and the forward-thinking user in mind. When we say the coolest, it’s because it allows transactions with most fiat currencies that we’re using every day and cryptocurrencies, the digital currencies of the future. To say that that’s convenient is understating. To do it justice, we must say that this is the eWallet that really changed the finance scene.

From the minute it was launched…

…it immediately gained recognition from all kinds of industries, the iGaming industry included, and received prestigious innovation awards. Due to the fact it used blockchain technology to revolutionize the eWallet game, it provided safe pathways for coin holders to store, receive and send cryptocurrency and fiat currencies via one single account. That's an unrivalled service, one that only MuchBetter can provide.

But it gained popularity among online casino players…

…mostly due to its rewarding nature. For each transaction you make with it, you get loyalty points. As an online casino player, you cherish every cent as it can be further used for a prolonged game time. Among the other benefits casino players get with it are the instant deposits. There’s no delay, so the minute you confirm your deposit request, the money is there on your online casino account to be used as it suits you. It also comes with really low fees, and it is accepted for both deposits and withdrawals, which makes it even handier for the online gambling experience. Last but not least, as mentioned, it works across all devices, and is especially enhanced for mobile use. So as a mobile casino games player, you’re getting everything you ever wanted with it.

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VISA, as you probably know already…

…is one of the world’s most popular financial brands. It is actually a US brand that has gained global recognition and is used by virtually every single human being on the planet. Its story started out like this. A branch manager at the Bank of America realized that instead of waiting for industries and businesses to process users’ bills manually, there should be a system that would use the bank’s computer systems and do that for them. As you can notice, that idea proved to be genius, and the credit card program VISA got a network of users like no other, all across the world, across all kinds of industries, financial institutions and government entities.

Today, it is one of the three largest networks…

…that issues credit cards, but all sorts of virtual and corporate cards, prepaid and debit cards, too, in different shapes and for different purposes. It is also one of the longest-operating credit card programs, which has partnered with so many financial institutions and banks all across the globe to allow them to issue cards to their customers.

That being said…

…it is the payment method that collaborates with banks, so you need to have a bank account in order to use it. The good news is, though, you won’t have a problem finding a bank that issues VISA cards, as there’s probably no bank in the world that does not issue them. Seriously, all major banks do it, to say the least. Its network of partnered banks and financial institutions is massive, catering to users from all across the globe.

Another advantage…

…that comes thanks to its connection with banks, is the fact that it is one of the safest payment methods out there. In addition to the banks’ security measures, VISA implements many of its own, the two-factor authentication, the CCV2 security code and the PIN codes included. It also uses the latest SSL encryption to ensure you’re getting impenetrable online transactions.

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Getting Started with MuchBetter and VISA

Whenever you’re comfortable to start using MuchBetter or VISA, you should know that it would take only minutes of your time to get started with both.

To get started with MuchBetter…

… you would have to visit its official website. You will see detailed instructions on how to use the eWallet and how to get started with it, via a desktop or a mobile device. If you go with the desktop device, you can use it via any web browser. If you go with the mobile device, you would have to download its app. You can download the app either via Google Play Store or Apple Store, as it is compatible with any iOS and Android device.

After you decide on the device…

…you would have to share some basic info about yourself and your mobile phone number. The phone number would serve as your ID, your password to use your eWallet, so make sure you give the service your real, valid number. After the 4-digit PIN is generated, your account is ready to be topped. You can top your account with gift cards, bank transfer, debit and credit cards, whichever suits you best. To fund your account, you would have to pay a fee that depends on the method you chose to use. Only bank transfer is fee-free for funding your account, while all other solutions come with the average fee of 2%. Currency conversion fees of 0.99% apply as well.

Getting started with VISA…

…would involve a short trip to the bank. Once there, you would need to fill out an application form where you’ll share personal and financial details about yourself, the type of card you’re applying for and your bank account details. ID documents, as well as other proof of address and income documents would be required, depending on the card you’re applying for, so make sure you have them in order and with you while at the bank. Once the bank knows that you're eligible to be a cardholder, they will call you and inform you on when to get the card. 

Whether you’ll choose to…

…pick up your card at the bank or get it sent to your home address, the card will arrive in a sealed envelope. With the card, you’ll also receive some security codes you need to keep safe. You would need to use those codes if you ever want to open an online banking account to have an insight into your purchases. If you already have money on your account, you can start using VISA right away, after you verify it. Choose any casino of your liking and you’ll be able to start playing with it in an instance.

Depositing and Withdrawing

Choosing an online casino that accepts MuchBetter or VISA would be a piece of cake. The two are the most popularly used methods across gambling sites. The former is accepted in over 300 online casinos, while the later in probably all. Therefore, all you need to do is pick one that you like and you can start playing right away.

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Depositing with MuchBetter…

…would involve several easy steps. The first step would be going to the online casino of your choosing and visiting the Cashier page. Once there, find MuchBetter’s logo and click or tap on it. In the new window that appears, enter your phone number and the amount you wish to deposit. Confirm your request and the eWallet will make sure the money arrives safely on your online casino account in an instant.

To make a withdrawal with it…

…you would have to repeat the same process. This time, when the pop-up appears, you would need to enter the amount of winnings you would wish to cash out. The casino would probably ask for some ID documents upon this occasion, as per the KYC protocol requirements. After you successfully identify yourself, all you'll have to do is wait for the casino to approve your withdrawal. The casino would have to go through your history and see whether you've got some wagering requirements or other bonus terms unmet. If everything is in order, the funds should arrive on your eWallet account no later than in 3 days.

To use VISA to fund your online casino account…

…would be extremely easy, just like paying on any other online site. You would need to find the Cashier section at the casino’s site and choose your card as your deposit method. Then, you would need to share the card details, as you normally do for online purchases. You know the drill, expiration date, cardholder name and CCV2 code. Enter the necessary details and specify the amount of money you would like to deposit. Confirm your transaction and see the money arrive on your online casino account in an instant.

Withdrawals with it…

…are pretty much done the same way. The only difference here is the fact that not all casinos that accept it as a deposit method also accept it for withdrawals. If they do, go through the same steps and specify how much you wish to withdraw. After the casino goes through your request and sees that you’ve successfully gone through the wagering requirements, if you claimed any bonuses, it will approve it. Your winnings should arrive on your bank account in 3 to 5 days, 7 tops.

Advantages and Disadvantages

Even though throughout our overview, we pretty much explained all the benefits you can get with MuchBetter and VISA, it wouldn’t hurt if you could see them summed up. Overall, as you could notice, both of them are exquisite solutions to use to fund your online gambling time and cash out your winnings with.

When it comes to the benefits you’ll get…

…for using them, there are plenty of them. Both of them provide you with unrivalled security, so that’s probably one of their shared strongest points. MuchBetter allows you to try something different when you need to, as it allows you to deposit and withdraw with both fiat and digital currencies. It is a rewarding eWallet where you can accumulate loyalty points and get rewarded for your loyalty towards it. It is an alternative solution which provides you with a degree of privacy across online casinos because you never need to share personal nor banking details with it. 

VISA is a brand that resonates integrity, reliability, trustworthiness. It has been around for so many years and it knows how to provide you with awesome online banking. You are used to it, you’re using it for your everyday life needs, payments and purchases. It is accessible, available, convenient. Sure, you need to go through long identification, verification and authentication processes, but that’s for your own good, to ensure that your money is safe.

As far as the negative aspects go…

…they also have a shared thing: the fees. Both of them come with fees, even though they are quite reasonable. With VISA, the withdrawal waiting times are concerning, too, as is the fact that it is not always accepted for cashouts.

At the end of the day, it all comes up to you. You need to consider the benefits and downsides both of these payment solutions come with, to make a decision that would be the right one for you. So, choose wisely and start playing your favourite games safely with any of these awesome solutions!

Payment Methods Comparison
Payment methods name MuchBetter Visa Credit
Available accounts 1 account n/a
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 https://muchbetter.com/legal/ https://www.visa.co.uk/

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