The digitalisation of financial services is a global trend which is continuing at pace, with digital wallets and payment apps growing in popularity across the world, and more traditional banking showing signs of slowing down.
One digital wallet that is growing in recognition is the MuchBetter Wallet. This all-in-one payment app allows customers to spend, send and store money from their mobile phone.
What is the MuchBetter Wallet?
It’s a simple and secure payments app, launched in 2017, which is now available around the world with more than 1.1 million customers. It’s designed for everyday spending, with the ability to top up using localised payment methods.
Customers can manage their budget by never spending more than they have topped up, store money safely within the wallet, pay anyone instantly and also receive money from friends and family.
How does it work?
Customers can download the app from GooglePlay or the App Store andcreate an account with a few simple details such as name, phone number and address. An account is quick to set up and only takes a few minutes.
Verify
Once an account is created, it needs to be verified to enable the full user experience.This unlocks more in the app and give customers higher limits. It’s simple to do, and just requires the app, good lighting for a selfie and photo identification.
Top up
Tospend, send and store money with the digital wallet, customers need to top up. This is done within the app in a few clicks, with customers given a choice ofload methods available in their country.
Send money
Oncethe wallet is all set up and funds loaded, sending money is simple and free. All that is required is the mobile number of the recipient, the amount being sent and an optional message, it’s as simple as that.
SEO Article #5
So, is the MuchBetter Wallet safe to use?
Yes. The MuchBetter Wallet is safe to use and is protected with a number of security features to put customers’ minds at ease.
Biometric security
Passcode protection
Transaction review system
Instant payment notifications
Is customer money safeguarded?
In short, yes. MuchBetter has been granted authorisation to act as an Electronic Money Institution by the Financial Conduct Authority (FCA). As per the FCA’s directives, MuchBetter takes every precaution to guarantee the safeguarding of customer funds.
Thisseparates operational and customer funds andprotectsevery single pennyintheMuchBetter Wallet from the moment money is loaded into the wallet, until it leaves.
What if customers encounter problems?
The MuchBetter Wallet has been designed with ease and simplicity in mind, but ifcustomers do come across any issues, the 24/7 customers support team is on hand to help and answer queries. There’s also a handy Help Centre accessible via the app and online, which is updated regularly with answers to frequently asked questions.
To conclude, MuchBetter is a simple and secure way to manage money. Find out more and sign up for the MuchBetter Wallet at www.muchbetter.com
Help keep news FREE for our readers
Supporting your local community newspaper/online news outlet is crucial now more than ever. If you believe in independent journalism, then consider making a valuable contribution by making a one-time or monthly donation. We operate in rural areas where providing unbiased news can be challenging. Read More About Supporting The West Wales Chronicle
