WebMoney Logo
WebMoney Logo
WebMoney Logo

Webmoney

As far as eWallets go, the internet is quite thoroughly filled with them, from those more well-known like Skrill and NETeller, to those which are of a lesser popularity. Webmoney is one such eWallet, and it was actually originally directed towards and made use of by customers from Russia and the countries of the former Soviet Union. Today, the payment method is also able to be used by many other countries around the world, and as such, it is accepted by a great many web shops and online service providers, including casino platforms. Because of this, the service alleges to have over 25 million registered users, with the options being available to its users including online payments, the sending and receiving of money, currency exchanges and the ability to acquire loans.

Webmoney itself was actually founded back in 1998, so has many years of experience behind it. It is still owned by the Russian company, WM Transfer Ltd. and provides an online platform from which registered users can proceed with financial transactions. There is also the ability to request and receive both virtual and plastic debit cards, branded by Visa or MasterCard. However, the company’s main focus is on the provision of its Webmoney eWallet, and this can be uploaded with funds in order to be spent online at other locations – casino platforms included. As an eWallet, it will provide both a safe and secure transaction to you, and in addition, any funds will be deposited into your casino balance instantly.

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How Do I Use This Service to Fund My Gaming Account?

Anyone wishing to use the Webmoney eWallet will first of all need to be registered for an account. This is done very quickly, and simply requires you to enter some personal information, which starts off with the input of your telephone number. It concludes with a verification check of the provided email address and mobile phone number, after which you will create a password and a currency for the account. This can be created in EUR, USD, RUB, UAH or BYR. After you’ve done this, you will be provided with a 12-digit Webmoney Identification number, also known as WMID. This is linked to the purse and will be used with the created password to login and utilise the various different features of the payment method.

This service also uses a WM Password system, with certain verification levels. The higher the level of this, the more features of the service you will be able to use. The four levels of security include an Alias WM-Password, a Formal WM-Password, an Initial WM-Password and a Personal WM-Password. Now that the eWallet has been generated, it needs to be funded, which will then enable you to purchase goods or services online at any number of locations that accept such. This can be done in several different ways, including credit or debit cards, bank wire transfers, internet banking, ATMs, as well as many others. Webmoney will charge a different fee amount depending upon the method chosen to upload funds to it, with all percentages being displayed on the website.

All transactions made via Webmoney will also include a service fee of 0.8% of the amount involved. So, if you’re fine with this, make sure you’re logged in to the online casino you’d like to fund and visit the cashier page. Select the service as your preferred payment method and then enter the amount to be deposited. Continuing on from here, you’ll be re-directed to the Webmoney login page, and you’ll simply need to enter your credentials in order to further the process. Confirm the payment amount that you would like to send and afterwards, your funds will be sent instantaneously. They should show immediately in your casino balance, allowing you to begin playing all of your favourite products straight away.

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What Are the Advantages and Disadvantages of Using This Service?

The fact that payments made with this service are done instantly, and are processed via a secure server and in encrypted format, are reason enough to take advantage of it. However, one thing that also assists in providing a great payment method for gamers is the fact that Webmoney can also be used to process withdrawals. That way, you don’t need to resort to an alternative option in order to take your money out of the platform.

The main downside of using it though, is the fact that it has a charge for the majority of services offered. You do also need to register at the site in order to use it successfully, which means your personal details are stored on yet another online site.

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