31 Aug 2023For casino players in Canada, MuchBetter may be one of the best options to make payments to a gambling account. It is an e-wallet app that can be used to make all casino transactions, and players can use a bank account or credit card to put funds into a MuchBetter account.
The gambling industry is one of the core markets for this e-wallet, and there are many MuchBetter casinos operating in Canada. This payment method uses phone-based authentication, and bank details are never shared with the casino.
This payment provider is perfect for mobile casino players, but since there is no equivalent service for desktop it may not be for everyone. If you prefer to play on PC, then you may want to look into some of the other payment providers that we have detailed on our pages.
While not all Canadian casino sites yet support this payment method, there are lots of great online casinos that accept MuchBetter. Take a look at our listings right here to find the best one for you.
If you’re still without a MuchBetter account, now’s the prime time to get on board! Clicking on our link will take you straight to the official MuchBetter site, specifically tailored for Canadians. Dive headfirst into convenience by registering and grabbing their stellar app. Enjoy swift deposits, unbeatable security, and unique perks exclusive to MuchBetter. Ready to experience a truly Canadian payment solution? Sign Up Today & Experience MuchBetter!
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MuchBetter was started in 2017, in response to a demand for mobile-based payments. Originally aimed towards the youth market, it quickly gained wider appeal. The company behind the payments processor is MIR Limited UK Ltd.
From the start, MuchBetter counted online gambling as one of the main focus markets for the service. In this way, it is a unique service within the online payments space, as there are no other payment providers that have made online casino gaming so central to its operations.
The company grew quickly, expanding to serve more than 180 countries within its first three years. In 2018 and 2019, MuchBetter received prestigious industry awards from EGR Global and The Card & Payments Awards.
MuchBetter is approved by the UK’s independent financial regulator, the The Financial Conduct Authority (FCA), as well as being a member of the Electronic Money Association (EMA). It is now active on a global scale, supporting eight currencies – including CAD – and many languages including French, German, Spanish, Russian, and Chinese.
MuchBetter operates under a license as an Electronic Money Institution in the UK and rigorously follows the rules set by the UK Financial Conduct Authority. They are licensed under the number 900704. More company details outlined below:
| Payment Details | MuchBetter |
|---|---|
| Company Name | MIR Limited UK Ltd |
| Official Site | muchbetter.com |
| Founded | 2017 |
| Address | Reading, UK |
| Languages supported | English, French, German, Spanish, Italian, Japanese, Korean, Norwegian, Dutch, Polish, Portuguese, Greek, Romanian, Russian, Turkish, Chinese, Arabic |
| Currencies accepted | Euro, US dollar, Canadian dollar, Polish Zloty, British pound sterling, Russian Ruble, Cryptocurrencies and more |
MuchBetter is an app, so it can only be accessed via a mobile phone.
You will be limited to C$200 total transactions unless you verify your account. To top up your account, tap the orange icon at the bottom right of the screen. You will be given a number of options for how to fund your account, including card payments, bank transfer, or instant banking.
Here are the steps that you need to take to create a MuchBetter account:
Get the MuchBetter app
Find the MuchBetter app in the Play Store or the App Store. Download the app for free.
Create an account
Select ‘Sign Up’ on the screen. Enter your mobile phone number and click ‘Sign Up’. Choose a 4-digit passcode.
Verify
Wait for the verification code sent to your mobile via SMS, and enter it.
Enter details
Enter your name, date of birth, address, and a valid email address.
Select CAD
Set your currency to CAD (currency cannot be changed later).
There are many reasons to use MuchBetter online casinos. For players based in Canada, it could be one of the very best payment options out there. Let’s take a look at why:
The company behind the provider had MuchBetter casinos in mind when the product was developed. This means that casino users have a payment service that is focused on their needs – especially important in Canada where several major banks refuse to fund gambling activities. Even if you bank with one of those institutions, MuchBetter works as a middleman to keep the casino and the bank separate.
Watch this video by our gambling expert Kash Kingston where he explains more about how to use MuchBetter at online casinos and details you should know.
Making a MuchBetter casino deposit is a fairly simple process. Here is a step by step guide to depositing cash at an online casino with MuchBetter.
It is not the app itself, but rather the MuchBetter casino sites that set the limits on deposits. Minimum deposits can range from as little as C$5 – although these are unusual – all the way up to C$20 or more. At most sites, the minimum deposit is around ten to fifteen dollars.
While casino sites also have their own maximum limits, with MuchBetter there is a daily upper transaction limit of C$4500. Annually the max limit is C$90,000. This should be sufficient for the vast majority of players, including most high rollers.
To make a withdrawal from your casino account, you must first visit the casino account and make a request. Here are the simple steps to follow:
Note that the time it takes for a casino to approve a withdrawal can vary quite considerably. If your casino account is verified and you have made a previous withdrawal with MuchBetter, you can receive fast payouts – usually within a few hours of your request.
Some gaming sites do not offer fast withdrawals, and have a lengthy pending process no matter what banking method is used. In this case, you may be waiting for a MuchBetter withdrawal for up to several days. Therefore, any delays in payouts should be queried with the casino provider.
When you play at casinos that accept MuchBetter, there are no fees or charges imposed by the payment provider. Transactions between MuchBetter casinos and a MuchBetter app are always free, unless the casino itself adds any fees. Most real money casino sites do not do this, but it is always a good idea to check the T&Cs to make sure.
Many of the services provided by MuchBetter are free of charge, such as paying merchants and sending or receiving money between MuchBetter accounts. The only charges that apply are when making deposits to and withdrawals from MuchBetter to an external bank account. For example, with Interac e-Transfer there is a 3.5% fee for deposits and a flat C$5 charge for withdrawals.
The MuchBetter app is very easy and convenient to use. It can be found in the App Store for iOS users, or in the Play Store for those who use Android. The app can also be downloaded from the MuchBetter website via QR code.
Setting up an account is very easy and takes just minutes. All you need is your mobile phone number to create a MuchBetter account. During registration you will also be asked for some personal details. Make sure that these are true and accurate, as you will need to verify your identity later. We have detailed the steps to open an account further up this page.
When entering your mobile number, it must include the country code for Canada. You will use your mobile number in this same format when making all transactions at all MuchBetter gambling sites.
The identity verification process at MuchBetter is very similar to the one at mobile casinos. It is a legal requirement that all financial institutions verify the identity of their customers, and until the process is complete there is a transaction limit of just C$200 in total. Users must submit documentation such as copies of a passport, driver’s licence, or government-issued ID card, as well as anything else requested by the MuchBetter customer service team.
Here is an official video from MuchBetter about how to get started with MuchBetter, installing the app, spending, sending and storing money.
MuchBetter gambling is extremely secure, thanks to the advanced security measures taken both by the payment app and the casino sites. MuchBetter has a number of different security measures to keep accounts safe, and the app is sanctioned by the FCA.
The account can only be accessed by entering the 4-digit passcode, or via biometrics where available. This could be fingerprint ID or face recognition, depending on the capabilities of the mobile device. If a new device is detected, this must be confirmed by entering a security code sent via SMS. The app also has a timeout function, with users automatically logged out if the app is inactive for more than ninety seconds. All these security features are similar to any regular online banking app.
The second aspect of security is down to the casino itself. All reputable casinos have extremely high security protocols, with all data fully encrypted. We always make sure that our recommended casinos are completely secure, and have a full license from an approved regulator or accreditation body.
When playing at casinos with MuchBetter, there are plenty of different bonuses and promotional offers to enhance your experience. Thanks to the verification requirements of the MuchBetter app, all players using this as a casino payment system can claim any casino bonus.
MuchBetter casinos have a variety of bonuses for their players. Almost all gambling sites have a generous welcome package that often includes deposit match offers and free spins. For existing players, there are reload bonuses when players top up their account, special promotions for MuchBetter slots, and many now offer cashback on losses.
We are not aware of any special bonuses that are exclusively available to MuchBetter users. However, every bonus at a given casino site should be available when depositing with MuchBetter.
Now that we have seen exactly what the MuchBetter casino payment system can offer, it’s time for a brief summary. Here are the advantages and disadvantages of this payment method, and as you can see the pros most definitely outweigh the cons:
In Canada, online casino enthusiasts have various alternative payment methods to MuchBetter. PayPal is one popular option, allowing users to make secure payments without sharing their bank details directly with the casino. Similarly, Skrill and Neteller are widely accepted digital wallets known for their speedy transactions and user-friendly interfaces. Interac is a Canadian-specific solution, allowing direct transfers from a large number of Canadian banks and credit unions. Cryptocurrency is another alternative, with Bitcoin and Ethereum becoming increasingly accepted due to their enhanced privacy and security. Finally, traditional payment methods like credit and debit cards from Visa and Mastercard are also commonly accepted in Canadian online casinos. Each method comes with its own set of advantages and potential drawbacks, making it crucial for users to choose the most suitable option for their individual needs.
Yes, as long as the casino site is licensed then it is safe. The MuchBetter app itself is a secure and trustworthy payment service with official approval by the UK financial regulator the FCA.
There are lots of great MuchBetter casino sites for players in Canada. If you want to play at a safe and licensed casino and use this payment method, then simply browse our listings. We test and review all the online casinos that accept MuchBetter, and if they meet our high standards then they will feature in our listings. So, to find the best MuchBetter casino, simply choose one from our selection.
Not all, but many do. If you are looking for casinos with MuchBetter as a banking method, then look at our listings on this page.
MuchBetter is a payment service uniquely focused on the online gaming market. This means that players have a payment method that will never let them down when making gambling-related transactions. Some payment providers, including many banks and some e-wallets, refuse to engage with gambling sites, but this is never a problem with MuchBetter. When using this service, the bank will never be informed that money is being used for gambling activities.
Contributor lyndsey@mrcasinova.comWith over six years of experience in content writing, Lyndsey is knowledgeable in various aspects in the gambling world, particularly in online casino reviews. Lyndsey studied English at the University of Malta and holds a Masters Degree in English and the Media.
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