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WebMoney

WebMoney

WebMoney provides a comprehensive range of online transaction services, offering the full advantages of security, convenience and fast processing. You can use WebMoney for a variety of purposes.

First and foremost, obviously, is that you can pay for goods and services at online retailers, including many online casinos and poker rooms. The list also includes music retailers, insurance providers, DVD and CD merchandisers, media, public utilities, pay TV, mobile communications, online skill gaming, software, online advertising, hotel bookings, airline tickets and more.

You can also transfer and receive money to and from other WebMoney account holders, purchase electronic vouchers (like Ukash vouchers), apply for loans, and make mass payments. You can even create and issue WebMoney cheques as a payment method. WebMoney charges a small transaction fee in most cases, capped at 0.8% at the time of writing.

Funding your WebMoney account is easy, with a wide choice of methods. In certain countries you can buy WebMoney vouchers at physical outlets (specifically Russian and CIS cities). Otherwise use postal money orders, bank wires, and Ukash or Paysafecard vouchers.

You can withdraw cash from your WebMoney in a number of different ways as well, including sending a money transfer to another account, cashing out at an exchange agency in certain countries, bank wire to your bank account, transfer to your debit card, or exchange into a different electronic method.

A premium is put on security, with three types of authentication systems in place to protect you. These are secret and encrypted key files, personal digital certificates and e-Num authorisation service, which allows websites to use challenge-response technology to verify security details.

WebMoney is owned by WM Transfer Ltd, which has been in operation since 1998, with a list of affiliated guarantors. It has an international support desk to help with any issues, and is expanding its presence in a number of countries, most recently the UK. As more and more online casinos have started to accept WebMoney, it’s become a good choice for players, especially those in Europe.


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