Founded in 2017, MuchBetter is an app-based e-wallet which has gained a lot of momentum from customers across the globe.
When paying online, users can access the e-wallet app to easily transfer and make withdrawals in just a few taps. This electronic wallet offers a high degree of protection, quick transfers, and reduced fees, but best of all is the level of simplicity it provides.
MuchBetter also offer several contactless wearable devices that can be ordered via the app or some of our merchant partners. These innovative devices can easily be linked to your MuchBetter e-wallet account and used for contactless payments when you’re out and about. The devices come in the form of a key fob, CashCuff, WinWatch and the MuchBetterpre-paid Mastercard®, helping users make payments in style.
We sat down with MuchBetter CEO, Israel Rosenthal, to talk in depth about the MuchBetter payments app. Here is what he had to say.
What is the MuchBetter e-wallet app?
IR: An e-wallet (electronic wallet) is a digital app that allows you to take full control of your finances and day-to-day money management. MuchBetter was created for people across the globe to benefit from simple day-to-day transactions, and online retailers who wish to streamline online payments via one convenient platform.
How easy is the app to use?
IR: Simplicity is key when it comes to our products, particularly the MuchBetter e-wallet. Your day-to-day transactions can be conducted via the MuchBetter app, making daily payments such as purchasing fuel, your weekly food shop or a meal out with family plain sailing.
How do I download the app?
IR: You can install the MuchBetter app from the Apple Store or Google Play to get started on your MuchBetter journey.
Can the MuchBetter app be used internationally?
IR: Yes! Our multilingual app offers multi-currency top-up options and is available in more than 180 countries. Foreign currency conversion fees are also very low, and payments are completed in real time so customers can benefit from speedy transactions. We also have a dedicated multi-lingual support team who are available 24/7.
Are there any handling fees when using the app?
IR: Our impressive pricing structure is one of our most attractive features. It is completely free to send peer to peer (P2P) transactions – sending, receiving and requesting money has never been so simple. Transfers to and from businesses and merchants is also free of any charge.
What makes the MuchBetter app safe?
IR: Here at MuchBetter, we place a high priority on identity and access. The user can either use a fingerprint, facial recognition or passcode to access their account.
All our e-wallet customers are protected by several protection metrics. These include:
- A thorough verification process upon creation of an account to verify customer identity
- Passcode protection
- Login biometrics including touch and face ID
- Device security – when using a new device, users must enter the activation code sent to their phone number as a text message
Users receive real-time payment notifications, making it easy to track spending and transactions
Interested in what Israel had to say? Well, what are you waiting for? Download the MuchBetter app and start making your life MuchBetter.