Mastercard Pay By Bank goes live on MuchBetter, eliminates transfer fees

UK, London, 28 November 2019 – MuchBetter, the award winning payments company, today announced its integration with Mastercard’s Pay By Bank, one of the first ewallets to do so. Pay by Bank app is a new online checkout option from Mastercard that lets users pay for goods and services in real-time using the banking app on their phone – across online and in-store purchases. It allows MuchBetter users to top up their account in real-time from their bank account without entering payment details or passwords. As well as being highly convenient, it is also one of the most cost-effective ways of depositing funds to the MuchBetter account, since there are no transaction fees.

MuchBetter and Pay by Bank

Pay By Bank 的推出将提升 MuchBetter 目前的 30 多种存款选择，其中包括卡支付、银行转账和现金。 Pay By Bank 被 MuchBetter 选择为其移动优先支付方式的完美匹配，预计将特别受到英国用户的欢迎。 MuchBetter 今天拥有超过 300,000 名用户和数百个商家合作伙伴。它是新智能衬衫品牌 CashCuff 背后的支付应用程序 West Ham United FC 的合作伙伴，并被 PokerStars、Betway 和 Paddy Power Betfair 等家庭品牌使用。

“在 MuchBetter，我们为创造了地球上最易于使用的支付应用程序而自豪，”MuchBetter 联合创始人 Jens Bader 说。 “用户可以在几分钟内注册一个账户，只用他们的指纹和电话号码进行支付。 Pay By Bank 的推出强调了我们对用户体验的承诺。这是一种为移动设备设计的无缝、简单且安全的存款选项——就像我们一样——我们认为我们的用户会喜欢它。”

“Pay By Bank puts users in control of their finances with a convenient and secure payment option in any scenario, online or in-store,” said Suren Nawalkar at Mastercard. “We believe that the next revolution in payments is paying directly from your bank app. Users simply view their balance before paying and check out seamlessly without ever having to enter payment details.”

About MuchBetter

MuchBetter, operated by MIR Limited UK Ltd, an FCA-licensed and regulated e-money issuer, is the new payments application for iGaming. Available on Android and iOS, MuchBetter make effortless online, offline and contactless payments throughout EMEA. Funds can be transferred and received in real-time and MuchBetter’s unique commercial model increases operator revenues while its anti-fraud features and use of best in class technology reduces risk.

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