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WebMoney is an electronic cash and internet payment system that compares well with PayPal, E-Bullion, E-Gold, and other alternative payment services. WebMoney is a common payment method for the following countries: Russia, Ukraine, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan and Uzbekistan.



It offers a quick and mostly anonymous alternative payment service, however their registration process asks for email verification and customers are encouraged to giver further verification through an SMS message. This means that it is more strict than E-Gold when it comes to requirements for opening and utilizing an account.

WebMoney verification does however give the following great advantages: being able to use their arbitration service; your own private key file retrieval if you are in the unfortunate position of having lost control over your account; credit activities; access to internet services, online exchanges, and info resources that requires personal client ID. Verified clients can issue special trust certificates to other clients and in turn take fees for this service. Any client is able to become a verified Registered client. They are then Verified Registers that are able to verify other WebMoney clients.

How does WebMoney Work?

You can send money by going to WebMoney’s ‘Send Money’ tab and following your on-screen instructions. You only require the recipient’s email address to be able to make the payment.

Transactions are done with the help of WMTransfer software, and fall into one of three categories. WebMoney Keeper Classic is a downloadable standalone application, which you install on your computer. WebMoney Keeper Light is a secure application that you can use if you do not want to download and install the client software. Lastly, Telepat is technology that allows you to control your account via any cell phone or mobile device that has Java.

Pros and Cons

WebMoney’s transfers are safer because your information is not stored in their system like with some other e-payment systems, who regularly struggle with phishing schemes. They make online merchants immune to certain fraudulent behaviors because transactions are final.

WebMoney uses an instant message system as a way to extend credit and send bills and you are also able to protect your payments with your own private password.

WebMoney has had its criticisms as can be expected with a company that is doing so well and have grown so much in such a short time. One negative aspect is that you cannot buy WebMoney credits online with PayPal account or a credit card. The system also sometimes blocks accounts without first notifying the client in question.

There are clients who say that WebMoney have neglected them and that they are unhappy with their customer service. Customers are only able to settle general issues telephonically and any arbitration and law issues are only negotiated via a painfully slow email process.

WebMoney payment method fees and facts
WebMoney is popular in these countries Singapore
Countries restricted from using WebMoney Canada
Available accounts 2 accounts (1 personal + 1 business account)
Available currencies EUR, USD, RUB, UAH, BYN
Account management fees 3 EUR
Account unused 10 EUR - after 6 months, 17.50 EUR - after 18 months, 25 EUR - after 30 months
Exchange fees (FX) 5-10%
Deposit fees
Bank transfer 2%
Credit card 2-3%
Withdraw fees
Bank transfer 2% 0.6%+9 EUR
PrePaid card Web Money Card
Fee to order 12 EUR
Membership 3 EUR/monthly
Costs for cash withdrawals at the ATM 2% (min - 3 EUR)
ATM transaction decline fee 0.4
New PIN 10 EUR
New prepaid card 10 EUR
Cash withdrawal at ATM limits/24h 1,000 EUR
Delivery time 2-3 weeks
Prepaid card available currencies RUB
Validation 12 months
Link to terms & conditions https://www.wmtransfer.com/eng/information/short/index.shtml
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Step-by-Step Guide to Casino Deposits and Withdrawals Using WebMoney

WebMoney is a trusted and secure payment system that makes managing your online transactions quick and easy. Whether you are looking to make a deposit or cash out your winnings, WebMoney offers a reliable and straightforward method for both.

However, before we dive into the steps, there are a few things you’ll need.

First you’ll need to have an account with a casino that accepts WebMoney as a payment method. Make sure to check that WebMoney is available for both deposits and withdrawals at your chosen casino. Second, you’ll need a WebMoney account with funds in it.

Once you’re set up, you’re ready to get started!

In this guide we’ll walk you through the simple steps to make deposits and withdrawals using WebMoney! Let’s dive in!

How to Make a Casino Deposit with WebMoney

Using WebMoney is a great way to keep your deposits quick and seamless, which many players tend to opt for. Without further ado, let’s get started!

  • Select WebMoney in the Casino’s Payment Section
    Navigate to the casino’s payment or cashier section and choose WebMoney from the available methods. Once you do, enter the amount you wish to deposit and proceed.
  • Log In to Your WebMoney Account
    After selecting WebMoney, you will be redirected to WebMoney’s payment page where you will have to log in to your account.
  • Review and Confirm Your Payment
    Double-check your deposit details, including the amount you wish to deposit. Once you confirm everything is correct, submit the payment.
  • Allow the Transaction to Process
    Give it a moment for WebMoney to process your deposit. Usually, the funds will be transferred instantly, but occasionally it might take a minute or two to appear.
  • Check Your Casino Account Balance
    Once the transaction has been processed, check your casino account to make sure the deposit has been successfully credited. Your balance should reflect the deposit shortly after completion.

How to Withdraw Your Casino Winnings Using WebMoney

Withdrawing your winnings using WebMoney is pretty much the same as depositing, with just a few minor differences.

  • Go to the Withdrawal Section
    Head to the payment or cashier section of your casino, find WebMoney in the list of available options and select it as your desired withdrawal method.
  • Enter the Required Details
    Enter your WebMoney account details, including your WebMoney purse number, as well as the amount you wish to withdraw from your casino account.
  • Submit Your Withdrawal Request
    Go through your withdrawal request to make sure everything is in order. Once you’ve checked everything, submit your withdrawal request.
  • Wait for the Transaction to Complete
    Wait for the casino to process the withdrawal. WebMoney withdrawals are usually fast, but the process can take up to a few days, depending on the casino’s processing time.
  • Verify the Funds in Your WebMoney Account
    Once your withdrawal transaction has been executed, check your WebMoney account to confirm the funds have been transferred. You should see the amount reflected in your WebMoney shortly after the transaction is complete.

FAQ's

Can I use WebMoney for both deposits and withdrawals at online casinos?

Yes, as long as the casino you are playing at allows both deposits and withdrawals using WebMoney, you can use it.

How long does it take for a WebMoney deposit to appear in my casino account?

WebMoney deposits are typically processed instantly, so the funds should appear in your casino account within minutes, if not immediately!

Do I need to create a WebMoney account to deposit or withdraw at a casino?

Yes, in order to make deposits and withdrawals with this payment, you will need to have a WebMoney account.

What should I do if my WebMoney withdrawal is delayed?

If your WebMoney withdrawal is delayed, you should check with the casino to ensure there are no pending verification processes or issues with your account. If everything is fine on their end, you should contact WebMoney’s customer support for assistance.

Is WebMoney available in all online casinos?

No, unfortunately not. While WebMoney can be found in many online casinos, it still isn’t available in all of them!
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