How often do you find yourself in a situation where you need to split a bill or pay your friend back some money?
You may need to send money to friends while eating out to pay your half of a bill, pay a colleague back for that drink or even send a little gift to your friend as a surprise. This is where P2P (peer-to-peer) comes in, making the process of sending funds seamless.
But what are P2P payments?
P2P allows you to send money directly to another person, right from the comfort of your phone.
How does it work?
Long gone are the days of using cash to split the bill. P2P makes life easy.
The MuchBetter Wallet lets you send and receive money instantly with the P2P feature on the app.
No need to plug in lengthy details, all you need is the MuchBetter app on your phone and your friend’s phone number to send or request funds.
How does it work?
To send funds:
- Hit “Send” in the MuchBetter Wallet
- Input your friends phone number in the “send to” section
- Add the amount you want to send
- Let your friend know what it’s for with the message option
- Press send
To request funds:
- Hit “Request” in the MuchBetter Wallet
- Input your friends phone number in the “Request” section
- Add the amount you want to request
- Let your friend know what it’s for with the message option
- Press request
Why use MuchBetter for P2P payments?
- Send and receive money in a few simple steps
- Enjoy instant payments
- Keep track of your spends, with your balance updated immediately
- There are no fees
- It makes splitting bills painless
- Get real-time account notifications
Who are MuchBetter and what is the Wallet?
MuchBetter is a digital payments company, creating payment solutions that are simple to use. The MuchBetter Wallet is a digital wallet that allows you to spend, send and store money safely from your phone, that is localised in 17 languages with 1.1 million customers around the world.
MuchBetter P2P FAQ
How long does it take deposit?
There’s no waiting around, P2P payments are instant.
Can you send to someone who doesn’t have MuchBetter?
Absolutely. They will receive a SMS with a unique link so they can sign up to a MuchBetter account for free to claim their funds.
What does it cost?
It’s totally free!
What does P2P stand for?
P2P stands for peer-to-peer.
Is it safe to send money via MuchBetter?
Absolutely! There is a variety of security features integrated into the MuchBetter app to keep your money safe. Every account is secured by a personalised pin unique to you, as well as touch or face ID. You can also activate real time notifications to keep you updated on your account’s activity.
Intrigued? You can download the MuchBetter wallet on either the App Store or Google Play to start paying friends instantly in the app. Find out more: www.muchbetter.com