Used by over 35 million customers worldwide, WebMoney is an e-wallet service that's based in Moscow and accepted at many popular online casinos. In this guide you can find the top online casinos that accept WebMoney ranked and reviewed.
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Name | WebMoney |
---|---|
URL | webmoney.ru |
Founded | 1998 |
Company | WebMoney Transfer Ltd |
Type | eWallet |
Currencies | GBP, USD, EUR, CAD +1 more |
Processing Time | 2 - 3 Days |
Founded in Russia in 1998, WebMoney has become one of the biggest e-wallets across Eastern Europe and beyond. Over 35 million users load their WebMoney accounts with funds and can then transfer those funds to the numerous websites that have signed up to the service.
This includes many of the top online casinos, where players can deposit and withdraw via WebMoney, without having to reveal any financial or personal data to the site.
WebMoney Transfers was set up as a response to the Russian financial crisis of the 1990's as a way of moving funds around in US Dollars. Times have now changed and with greater stability in the region, it's become a popular, secure and reliable way to transfer money in multiple currencies. This includes Dollars, Rubles, Euros, Bitcoins and assets such as gold bullion.
The business is based in Moscow, with a branch in Cambridge, UK that's overseen by the FCA and authorised to issue money within the EU.
Customers register through the secure WebMoney site and once registered, they can add funds which can then be used at the 100,000 or so sites which accept this system.
An advantage over many other e-wallets is the exceptionally wide range of ways that accounts can be topped up. In some countries, access to credit and debit cards isn't as easy as in others, but most people will have at least one way to fund a WebMoney account. Details of accepted payment solutions are on their website.
Among the multitude of places that accept WebMoney payment, customers will find a wide range of casino sites. Funding a casino account is done in much the same way as any other e-wallet, such as Skrill, or NETELLER.
Users just select WebMoney from the options available at the banking section of their chosen casino and once they have decided how much to pay in, they are sent through to the WebMoney site where the details are confirmed.
Because it's a prepaid system, the money is guaranteed to go through, which helps to ensure fast, reliable completion of the transfer. Players will be able to start on the games pretty much immediately.
Taking money back out is just as straightforward, although casinos usually hold requested funds in a pending state for a couple of days, so punters won't have immediate access to their returned cash. Fees of 0.8% of the amount transferred are charged, to a maximum of €50 or currency equivalent.
Other Services
WebMoney caters for business and personal transactions. Businesses can move funds around to purchase stock and raise funds for example. Customers can order virtual or physical MasterCards and Visa cards, which can be used anywhere these are accepted, including ATM's worldwide.
As well as casinos, users in some countries can pay taxes, utility bills, phone bills, make charitable donations, or apply for credit and loans from WebMoney.
It's a useful option for those looking to move money into and out of a casino account, with the minimum of delay, maximum security and no need to hand over potentially sensitive information.
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