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WebMoney is an online payment system that was created in 1998 by WM Transfer Ltd in Belize. This payment method originally catered to the Russian market but is now globally accepted across Europe, Israel, Japan and the UAE. Technical support is based in Moscow.
Using WebMoney as a Payment Method
Opening a WebMoney account is a simple enough process, requiring that users first download the client interface. A registration process is subject to account verification, after which time the user is issued a WebMoney Passport. The payment method is available in a number of currencies and the user is given a 'purse' based on his or her favorite method of payment. For example the Z-Purse is for the US Dollar while the R-Purse is for the Russian Ruble. Funds can only be transferred between the same kinds of currencies and a service fee applies.
After creating the purse, customers can add funds to it through a vast number of payment methods, including wire transfers UKash or pre-paid WebMoney cards. Funds can then be used to redeem products or services across thousands of sites on the internet. In terms of withdrawals, these can be made from the player's WebMoney purse through a number of methods, including bank wire or money transfer.
WebMoney is a Highly Secure Payment Method
Using WebMoney comes with a number of security advantages. For one, having an WebMoney account does not require the use of credit card or banking account details. This means that online fraud is not a problem. In addition, WebMoney users are provided with an anonymous identity and password so that goods or services can only be redeemed by entering this vital information.
Top WebMoney Casinos
