WebMoney
Information about WebMoney casinos
WebMoney is an e-payment service based in Russia that allows users to store funds in an electronic wallet, which can be utilized for online transactions. The platform offers services for online shopping, peer-to-peer payments, as well as deposits and withdrawals for iGaming.
Due to its large user base, particularly in Russia, numerous online casinos have incorporated WebMoney as a payment option. This webpage is intended to assist you in locating the top WebMoney casinos to play on, while also providing information on the advantages and disadvantages of their services, as well as any bonuses offered by these casinos.
Introduction to WebMoney Payment Service
WebMoney is an electronic payment solution developed by WM Transfer Ltd. and launched in Russia back in 1998. It has now become one of the largest and most reliable payment services in the country.
While primarily designed to cater to the needs of Eastern Europe and Russia, WebMoney has expanded its services globally and boasts over 40 million clients worldwide, with 300,000 weekly users.
In 2015, the Financial Conduct Authority (FCA) granted the company a license to issue electronic money in the European Economic Area, enabling it to broaden its operations even further.
Today, WebMoney has gained immense popularity among the iGaming community as it offers easy integration with online casino and poker platforms.
How to use WebMoney in an online casino
Using WebMoney to make a deposit at an online casino is straightforward if you meet the eligibility criteria. First, you need to create an account with your preferred casino, which should only take a few minutes. Then, create a WebMoney account, which will provide you with a WebMoney ID number to use.
To deposit money into a WebMoney casino, visit the cashier section and select WebMoney from the list of payment methods. Next, enter the deposit amount and your WebMoney login details. Confirm the transaction, and the funds will be credited to your casino account immediately.
However, withdrawing money from an online casino using WebMoney can be more complicated and depends on the specific casino’s policy. We recommend verifying with the casino whether they allow WebMoney withdrawals beforehand, as there may be charges involved, and it could take several days for the amount to reflect in your account.
How to Discover WebMoney Casino Bonuses
If you’re a fan of casino bonuses, then you can use this guide to find WebMoney casinos offering various bonuses, such as no deposit or deposit bonuses. There are two ways to locate these bonuses.
Firstly, you can visit our list of casino bonuses and select ‘WebMoney’ from the Payment Method filter. This will show you all the eligible bonuses to choose from. To find a particular type of bonus, navigate to the ‘Bonus Type’ section and select the one you’re interested in. For deposit bonuses, tick the ‘Deposit Bonus’ box to view the available options.
Steps to Deposit Funds into Your WebMoney Account
Here are the steps to follow if you want to deposit funds into your WebMoney account from their website:
- Log in to your WebMoney account using your credentials.
- In the wallet’s menu, find and select the ‘Top Up’ option.
- Choose your preferred payment option from the dropdown menu provided.
- Enter the amount you want to deposit or select the amount from the options provided and then click ‘continue.’
- Double-check all the details you have entered and confirm the payment if everything is correct.
- You have successfully deposited funds into your WebMoney A receipt of the transaction will be available for future reference in the WebMoney Keeper.
How to Deposit with Webmoney at Online Casinos
- Make sure to check your casino’s policies for depositing and withdrawing with Webmoney. Contact their support team for any specific rules.
- Login to your online casino account and navigate to the payment section.
- Choose Webmoney as your preferred payment method from the eWallets category.
- Click on the Webmoney logo and enter your login details to access your account.
- Input the desired deposit amount and confirm the transaction.
- Your deposited funds should be credited to your online casino account instantly.
Withdrawing Online Casino Winnings using WebMoney
- Check your online casino’s WebMoney withdrawal policy before initiating the withdrawal process. The withdrawal option can usually be found in your account overview or settings.
- Choose WebMoney as your preferred withdrawal method.
- Enter the amount you want to withdraw when prompted.
- Confirm the withdrawal transaction.
- Depending on your wallet type, your withdrawal will be either processed instantly or could take up to 10 days.
A Guide to Depositing and Withdrawing Funds in WebMoney Casinos
WebMoney online payment service makes it easy to deposit and withdraw funds from online casinos. This payment method is widely accepted and popular among both new and established online casinos. Its extensive player base and availability in most regions of the world have contributed to its significant growth in recent years. While WebMoney offers many benefits to players, there are important steps to follow when depositing or withdrawing funds.
Step 1: Registration
To start your online gambling journey, you must first choose a casino platform and register an account. The official website provides details on the features and specifics of each platform, and reading reviews can help you make an informed decision. Once you select a platform, provide your basic information such as your name, email, and address to complete the registration process.
Step 2: Depositing Funds
After registration, you can deposit funds into your account. Each casino platform has a minimum deposit requirement, and this information can be found on the website. Access the deposit section and select WebMoney as your preferred payment method. Enter your bank details, select the amount you wish to deposit, and confirm the transaction. Most platforms credit deposits instantly, but delays can occur. Contact customer support for assistance if needed.
Step 3: Withdrawing Winnings
Play games offered by the platform using your deposited funds. Once you earn a profit, you can withdraw your winnings. The withdrawal process is similar to the deposit process, but you must first understand the withdrawal limits set by the platform. Details can be found on the official website. Once you have met the minimum requirements, initiate the withdrawal process, and the funds will be credited to your bank account. Although the withdrawal process takes longer than deposits, it is a straightforward process.
In summary, WebMoney offers a secure and convenient way to deposit and withdraw funds from online casinos. Follow the steps mentioned above to ensure a smooth and enjoyable online gambling experience.
Benefits of Using WebMoney in Online Casinos
WebMoney is a widely used payment method in online casinos, despite being considered controversial by some. It is a Russian money transfer system that has been around for a long time and has amassed a large player base. Most of the leading online casino platforms support this payment method and offer special deals to players who use it, which has contributed to its growing popularity.
There are many advantages to using WebMoney as a payment method in online casinos, including its ease of use across multiple casinos and its applicability to all transactions. WebMoney allows players to make deposits and withdrawals from various casino service providers within Russia and CIS countries. Its high level of security is another significant feature, although occasional payment thefts occur due to players failing to properly protect their data.
WebMoney’s specialist team is constantly working to improve security and safety, which serves as a guarantee for players’ funds’ security. Moreover, the availability of multicurrency accounts is a critical advantage of this payment method. Players can manage several currencies, including US dollars, Russian rubles, euros, and cryptocurrencies like Bitcoin, making it a fast and convenient income method for online casinos.
Pros of WebMoney Casinos:
- Direct transactions from wallet
- Payment system accessibility and detailed information
- Simplicity and accuracy of parameters
- Variety of ways to replenish or withdraw funds
- 24/7 availability for transactions
- Automatic system for currency conversion
Cons of WebMoney Casinos:
- Unreasonable blocking of wallets
- Inability to work with some casinos
- Opaque blocking process
- Poor technical support
- Lack of confidentiality
- Limited reach outside of Russia and CIS countries
- Access difficulties with third-party devices
WebMoney Fees and Limits
WebMoney doesn’t charge any fees for receiving WM units that correspond to an asset or currency. However, if you want to send WM, you will incur a fixed service fee of 0.08% for every transaction made through the system. Additional fees may apply depending on the currency, the type of purse used, and the other operations performed on the account. For instance, withdrawing in USD incurs an additional agent’s fee of 0.6%, and withdrawing to a bank account has a 2% fee. Depositing at an online casino using the debit card attached to your wallet will also incur a 2.5% fee. All fees are transparently displayed in the company’s rates section.
WebMoney Security Features
WebMoney ensures the safety and security of all transactions, which are instant and irreversible. The system is designed to never share personal information with third parties. With their focus on multiple layers of encryption, WebMoney is often compared to PayPal in terms of security.
To ensure user authentication, WebMoney offers three methods:
- Login and password
- Secret keys, which consist of a 12-digit WebMoney Identification number, password, keys, and wallet files, similar to crypto wallets.
- Digital certificates
Users can also control their privacy levels when using WebMoney transfers, determining whether the receiving party can see their first and last name, email or postal address.
In addition, WebMoney provides various security procedures for transfers, such as the approval and blocking of IP addresses, a list of trusted WMIDs to check, and SMS confirmation codes.
