Pinnacle Players Offered MuchBetter as a New Payment Option
Pinnacle Casino has added MuchBetter to its list of available payment solutions in hopes to cut transaction fees and motivate more players to make use of its advantages.
MuchBetter specializes in iGaming payments and its unique commercial model is known to reduce losses through transfer fees. Pinnacle expects to get the same results by incorporating the MuchBetter Gaming Wallet into its software.
Value-Based Pricing Model
MuchBetter differs from other popular online payment methods in the way that it treats each transaction made by a user. Instead of charging per transfer, MuchBetter uses a value-based pricing model. This revolutionary approach enables the payment processor to charge operators based on each player’s net balance over a month so that the true financial value of each player can be seen and taken into consideration. As a result, processing fees are substantially lower.
Pinnacle is also looking to make use of all the anti-fraud tools that come with MuchBetter. The system focuses on new mobile technologies and the benefits of biometric and device authentications, so as to secure each transaction and provide a fluent stream of deposits and withdrawals. The low-margin bookmaker admits that MuchBetter is a rare find and a “payment partner that is genuinely on your side”.
Another Push for MuchBetter Breakthrough Period
On the other hand, MuchBetter co-founder Jens Bader went into details and explained that all the serious players with accounts at Pinnacle are the reason why the company’s commercial model works so well. According to Bader, high-volume wagers and serious punters actually help drive down costs of the VIP treatment. Pinnacle wants an efficient money-in-and-out channel, so do the players, and MuchBetter provides that.
Both sides are enthusiastic about cooperation. For MuchBetter, this is another push after its breakthrough period, and for Pinnacle Casino it is the establishment of a trusted environment, reduction of fraudulent activity and savings in transaction fees.
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