MuchBetter was launched in 2017 in Douglas, United Kingdom and has since acquired over 150,000 customers worldwide. By 2018, the company had enabled at least 10,000 MasterCard options and 40,000 NFC payment devices. Today, it operates as a fully-licensed mobile app downloadable on iOS and Android.
Over 120 online merchants support MuchBetter, with some of the leading iGaming companies in the world being on board. Recently, the eGaming Review Magazine granted MuchBetter the reward for a Rising Star. Jens Bader, one of its co-founders received a PayExpo's Payments Power 10 Awards, recognizing him as a key contributor in the payments industry.
Is MuchBetter popular?
Esports betting providers are continuously looking for alternative payment methods and have found MuchBetter to be a good match. The service is well understood by the gambling community, especially in the European region. When users fund their MuchBetter accounts, they can utilize those funds for eSports betting.
The payment method also allows account holders to use debit cards, prepaid cards, and multi-currency accounts all in one app. It supports three main currencies namely USD, EUR, and GBP. The app is protected by PIN code or biometric authentication, so there’s no need to recall passwords and usernames. If any of the linked cards is lost, the user can freeze it within the app to prevent fraud.