MuchBetter launches personal IBAN service for free deposits

Wednesday 5 February 2020 09:01 CET | News

UK-based iGaming payments company MuchBetter has launched a payments service allowing customers to set up a personal IBAN for their MuchBetter accounts.

The personal IBANs can be paired with their iGaming accounts. The IBAN service is a free, private way for players to transfer payments to their most frequently used iGaming accounts. The MuchBetter IBAN service functions like a secondary bank account, enabling users to make deposits to their iGaming accounts directly from their bank accounts without having to open their gaming app or their MuchBetter app.

As a push payment, there is no payment risk, according to the company. Transactions are made through the MuchBetter API just like other MuchBetter transactions. Operators get notified each time an IBAN transaction comes through, enabling a real-time crediting of the players gaming account. The MuchBetter IBAN service will initially be open to European MuchBetter customers and merchants, with plans to roll out the service globally later in 2020.

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Keywords: MuchBetter, product launch, online payments, iGaming, IBAN transactions, real-time crediting, payments service, United Kingdom, UK, payments API
Categories: Payments & Commerce
Countries: United Kingdom
This article is part of category

Payments & Commerce