Webmoney Casinos Overview
Over the years, WebMoney has developed a range of services catering to both individual and business clients, allowing wallet deposits through methods like cash, bank transfers, and terminals. Once funded, you can effortlessly choose WebMoney as your preferred payment method at participating mobile online casinos in the UK.
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| Payment Method Type | Online Payment Settlement System |
| Year Founded | 1998 |
| Headquarters | Moscow, Russia |
| Countries Available | 94+ |
| Number of Users | 45 Million+ |
| Number of Merchants | 100,000+ |
What Does Webmoney Offer?
Webmoney slides into the casino payment scene as a swift, albeit not entirely anonymous, payment alternative. Getting started involves a simple email verification, with a nudge towards an added SMS layer of authentication.
Outside Russia, the payment method is popular in countries such as Belarus, Tajikistan, and Uzbekistan. In 2015, the payment provider acquired the FCA licence, which allows it to offer its e-money services to UK residents as well as within the European Union economic area.
WebMoney is architectured around standardised interfaces, offering a treasure trove of tools to manage digital property rights. These tools are safeguarded by entities coined as 'Guarantors'. Within this ecosystem, you can have multiple 'WM purses', all of which nestle under the user-specific 'Keeper', linked to a unique WMID.
Members of the WebMoney Transfer System have multiple payment options, including direct payments to merchant purses, invoice payments, using the Merchant service, payment links, and mobile phone confirmations.
The Merchant WebMoney Transfer service, found on many online stores and exchange services, is the most popular and secure method, accessible through its web interface for all WM Keepers.
There are a couple of standalone applications that you can use for transacting with Webmoney, including but not limited to:
- WebMoney Keeper Classic - This no-download, fuss-free application is designed for the desktop;
- WebMoney Keeper Light - It is perfect for always-on-the-go payments;
- Telepat - It harnessed Java to let you manage your funds from just about any mobile device.
Keep in mind
If you're a PayPal or credit card user, brace for some disappointment – WebMoney doesn't let you buy credits with either.
To know more about how WebMoney transfers work, check out the more detailed user guide.
Fees
For every transaction within the WebMoney Transfer system, a standard fee is applied. This fee ensures the smooth provision of informational and technological interaction among users.
The transaction fee you need to pay is 0.8% of the payment amount (minimum of 0.01WM*). However, there's a cap on this fee based on the type of WebMoney unit.
WebMoney Transaction Fees Overview
| WebMoney Units (WM) | Maximum Fee |
| WMZ, WME, WMF, WMT | 50 |
| WMB | 100 |
| WMG | 2 |
| WMX | 5 |
| WMH | 30 |
| WMK | 9,000 |
| WML | 150 |
| WMS | 500,000 |
Keep in mind
Transactions between identical purse types under the same WM identifier are exempted from fees. Likewise, transfers between the same purse types within a single WebMoney Passport are free, provided the user's WM passport is not ranked below 'Initial'.
To learn more, visit Webmoney Wiki.
Safety and Fraud Prevention
WebMoney's security framework is multifaceted and robust. You can utilise your WMID, phone, or email as a login, often followed by added layers of verifications.
When using WM Keeper Classic, secret key files are essential, emphasising the importance of maintaining backups. The inclusion of personal digital certificates offers another layer of trustworthiness.
To reinforce transaction security, you can opt for phone verification codes or the E-Num service that generates one-time passwords. The system guarantees secure access to users’ WM-wallets and ensures transactions are disallowed from empty wallets.
WebMoney’s built-in mechanisms prevent funds from being compromised, even during potential connection disruptions.
Find out more about how WebMoney ensures user safety before you choose it as your casino payment method.
How to Use Webmoney at a Casino
When you choose a UK online casino that supports WebMoney payments, you'll be directed to the Merchant service page of WebMoney. Here's how to proceed:
- Use Login and Password – Once you ensure the casino game, price, and other details align with your expectations, use the phone number linked to your WebMoney account to log in, your WMID, or the email associated with your WebMoney passport.
- Choose Your Purse – Input the captcha, then click "Go to payment". After that, enter the password you use for your WM Keeper. Choose the purse for payment and your preferred confirmation method.
- Confirm the Deposit – For confirmation via E-num or SMS, select the "receive a code" button. Keep in mind that using SMS confirmation adds a minimal fee, particularly noticeable for smaller deposits. Input the received confirmation code from SMS or the E-num app, then click "Confirm payment".
Once the transaction is complete, you can opt to print a receipt and return to the casino's main page.
Is Webmoney Worth It?
At WebMoney online casinos, your information isn't left hanging around for scammers. With the instant message system, you can quickly send and receive credits, not to mention you get to shield your payments with a personal password.
However, you can't load up using PayPal or a credit card, and sometimes WebMoney might block your account unexpectedly. While some users have mentioned a few customer service hiccups, for me, the pros far outweigh the cons. Still, my recommendation? Always compare different casino payment methods to find the perfect fit for you. Happy gaming!
