MuchBetter Payment Fees and Taxes
When it comes to choosing your payment method, charges are paramount. Just as expected, customers prefer payment methods with reasonable levies. MuchBetter performs excellently in this sector.
While most transactions are free, others are chargeable. Luckily, the charges are much more affordable.
Free Transactions
MuchBetter does not charge money transfers between friends and relatives. Sending and receiving money is absolutely free.
Besides, sending money to a merchant is also free. You will not be charged to receive money from merchants either.
The deal is spiced more by sending and receiving presents. While these are free, you will not pay to request payments.
Gamblers have not been left out here. Depositing and withdrawing funds to casino accounts is free. Besides being costless, casino transactions are excellently secure.
Funding your account through bank transfer is free. However, not everything is free at MuchBetter. You will be charged for some transactions.
Some of the fees here include;
- Visa and MasterCard Deposit fees
Funding your account through MasterCard or Visa attracts charges. But the fees are calculated based on your location. Generally, you will be charged between 1.5 and 5% of the amount.
As you can see, the charge is quite reasonable. Unlike competitor platforms, MuchBetter is relatively considerate.
You will part with 2% of the amount transacted via SEPA transfers. However, not many people are familiar with these transfers. Customers that withdraw via Yandex also incur charges.
Any Yandex withdrawal attracts a 2.5% fee. On the other end, Interac e-transfer will attract a charge of $4.
Wire transfer is the most expensive deal here. You will be charged a fee of 50 EUR. On top, 2% of the total amount will also be deducted.
Withdrawals made via Bitcoin are not free. You will be charged a 2% fee for the same. Also, all transactions involving currency exchanges are charged a 0.99% fee.