EcoPayz and MuchBetter have become leading payment systems that offer the most convenient conditions for casino players and bettors. Both are secure e-wallets that quickly transfer money between a player and a casino operator. Most Canadian online casinos offer both EcoPayz and MuchBetter, and a range of other options. But if you want to have very fast withdrawals, no doubt, you should choose one of the e-wallets. And this post will help you choose a payment system that suits you perfectly.
Choose your favorite casino according to the reviews on our website and make your first deposit by using one of the fastest methods of payment. If you are still doubting why you need to use an e-wallet, here are a few reasons:
- if you want to receive withdrawals in less than 24 hours
- if you want your bank card details to stay below the radar
- if your banking institution doesn’t support online gambling
Creating an account with EcoPayz and MuchBetter
Both EcoPayz and MuchBetter have a very simple registration process. To sign up with EcoPayz, you need to use either a laptop or your phone. Enter the official website on your desktop or download EcoPayz mobile app to sign up via mobile. The app works on iOS and Android devices.
Click on the sign up button and fill in the registration information. You will need to provide some personal information such as your phone number, your name, etc. As soon as you are ready, click on the “create account” button and you’re done.
To sign up with MuchBetter, you will have to use your phone. So even if you tap on “sign up” on the official website using your desktop, you will have to use your phone to scan a QR-code. It will provide a link, by following which you will start a mobile app installation. Then, follow the instructions to create an account. You will need to give some of your personal details and set a PIN code to protect your funds.
Differences in fees
Neither of the payment methods charge money for registration. However, EcoPayz might charge you for having an account and not using it for a certain period. So if you’re creating an account, make sure to use it frequently.
There are various fees for transactions depending on the banking method you use to transfer money.
For example, if you use a bank card to deposit into your MuchBetter account, you will be charged with a 1% fee. But the same transaction fee for EcoPayz users will range between 1.69% and 6.00% depending on your location. However, if you use a bank wire transfer to deposit your EcoPayz account, you will have to pay from 0% t0 10% fee depending on the bank.
MuchBetter and EcoPayz also accept transactions to crypto-wallets. Both crypto deposits and withdrawals using your MuchBetter account will cost 2%.
When sending money to and from your online casino operator, you will not be charged by any payment provider. But you will need to pay a fee for withdrawing funds from your e-wallet to a bank card or via ATM.
Security and e-wallet account verification
Both payment systems are secure at the highest level. Both require setting a strong password when creating an account. Besides, you can set up a 2-factor authentication to add an extra level of protection. It means that prior to accessing your account, you will have to provide a special code generated to your phone.
EcoPayz and MuchBetter will ask you to verify your account. It requires sending a photo of your ID and of you holding your ID. The checking process may take up to one hour. After that, you will be able to use your e-wallet to transfer money and make deposits to online casinos.
It’s worth noticing that once you verify your e-wallet account, you will not have to verify your casino account by sending documents. This is why e-wallets are considered the fastest methods of withdrawals. And, this is how no document casinos work.
What else do e-wallets offer?
If you are a MuchBetter or EcoPayz user, you can get yourself a plastic card. Especially if you make e-wallet transactions very frequently, you will benefit from these debit cards. First of all, it gives you an opportunity to withdraw cash from ATMs, pay at online and offline stores worldwide, etc.
Both EcoPayz and MuchBetter cards are powered by MasterCard, one of the most secure operators.
How to choose between EcoPayz and MuchBetter
Well, we know that the choice is difficult because both options are pretty convenient and easy-to-use. However, to understand which of them suits you better, compare the following points according to your individual preferences:
- a fee for depositing into an e-wallet by using your preferred method of payment (credit card, debit card, Interac, crypto, wire transfer, Western Union, etc.)
- a fee for withdrawing from your e-wallet
- security measures employed
- a device you’re going to use (EcoPayz can be used on desktops and mobile, while MuchBetter has only a mobile version)
To conclude
E-wallets are comparatively new methods of payment. But they are widely used among online casino players because they offer fast and easy withdrawals. Both options can be used for casino deposits and withdrawals. Both EcoPayz and MuchBetter users are eligible for bonuses and promotions unlike Neteller and Skrill users that are often excluded from casino offers.
EcoPayz and MuchBetter are safe systems that protect players’ funds from fraud. The only thing you need to do is decide which of them will accompany you in the online casino journey. And, choose a casino that accepts either MuchBetter or EcoPayz to get started.
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