Best WebMoney Casinos
The choices across online casinos keep on increasing, in terms of games, bonuses and payment methods to use. Operators are striving at improving their offering so that players from all across the globe could find a game they like to play, a bonus to claim and a payment method to use for safe and secure transactions.
One of the many payment solutions found across online casino sites that particularly shines in its services and security measures is WebMoney. This is a solution that is offered in more and more casinos each month, due to the spectacular benefits it can offer to players. Why is WebMoney a great solution to use across online casinos?
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WebMoney FAQs
What is WebMoney?
WebMoney is an online payment processing service, which can be used as an eWallet but also as a card for funding an online casino account and cashing out winnings with. It is mainly available across European casinos, but also across other global markets. It allows for fast and extremely secure transactions and is very easy and convenient to get started with and use.
Does it charge fees?
Yes. There’s a standard 0.8%, plus additional fees, depending on the services you’ll be using. For money exchange services, you would need to pay 0-4%, for using cash terminals 2-10%, and for bank wiring 1.5%. Funding your eWallet using a bank card will cost 2.5%.
Which currencies can I use to transact with it?
Considering it is a solution launched in Russia and mainly available in Europe, it allows you to transact with Russian ruble, euro, Belarusian ruble, US dollars and Ukrainian hryvnia.
Does it offer Customer Support?
Yes. First of all, if interested in it, you can explore its website, as it is rich with information in all aspects, of how to use it and what to expect from it. Plus, it offers a highly-equipped and expert team which can help you out with all kinds of questions and issues, through email and phone.
Will I find it across many online casino sites?
Yes. As introduced, it is a solution that is gaining bigger recognition each month and is being accepted across hundreds of online casino sites, especially sites which are targeting players from Russia and other European countries.
About WebMoney
Established in 1998…
…WebMoney initially started as an online processing service, created with the aim to allow Russian players to make all kinds of online transactions, loaning, lending, currency exchange and even for donation purposes. It was the bridge that connected the respective money recipients across Russia, and as soon as it got the attention it deserved, it managed to expand and offer its services across many other European countries.
It was created by WM Transfer Ltd…
…but was later given to its subsidiary, with offices in Russia. The services it offered were available to European users, so the solution allowed transactions in Russian ruble, euros, Belarusian ruble, and the Ukrainian hryvnia, while the US dollars were added later when the solution went global. To ensure users were certain about its security measures, the solution started using a number of identity verification and authentication tools, for which it received praises and gained the reputation of a completely safe and secure solution to use.
As years went by…
…the online processing service started introducing new products, to make users’ experience an all-encompassing one. Today, it is mainly offered across online casinos as an eWallet, although there are players that use its plastic card to fund their online gambling time and cash out their winnings. On that note, you should expect to find it across hundreds of Europe-targeting online casino sites, so you’ll have a huge choice of sites to explore and join to start using it.
Types of Services Offered
As mentioned…
…WebMoney started as an online processing service, but with time, it introduced a variety of products, to attend to users’ demands. Today, you can use it as an eWallet, but also as a plastic card, issued in association with the world’s biggest brands, MasterCard and VISA. You can use several currencies to transact with, through its straightforward user interface.
Just visit its website…
…and you’ll see the many options you have for using it. Online casino players, however, mostly use it as an eWallet, and for a good reason. Registering for this service is so intuitive and easy, and using it is as convenient. While on its website, you just need to click on the Sign-Up button, and you’ll start the registration procedure. You would have to submit personal info, such as email, name and address, which are the basic identity verification details you need to provide. You’ll also be asked to provide your phone number.
However, as part of its further authentication measures…
…the service will send you a 12-digit WMID code via email or phone, to guarantee that you’re the one using it and no one else. Confirming the code you confirm that you’re the one using it, as no one else should have access to your SMSs or emails. WebMoney will also ask you to create one of the four types of WM Password options, personal, initial, formal and alias WM Password. Each of these passwords depends on the information you’re willing to share with the service, and consequently, provide you with a different level of protection and service, at a different cost. Explore all your options on its website, and choose the one for you.
WebMoney at Online Casinos
If you’ve ever used an eWallet…
…to fund your online casino account, you will have no problem using WebMoney at your chosen online casino. Just choose a casino you like to join, from the hundreds at your disposal, and you can immediately proceed.
To make a deposit with it…
…you would have to log in to your online casino account. Then, you would have to follow these steps:
- Go to the casino’s Banking page or Cashier page.
- Find the eWallet’s logo in the eWallets section.
- Click or tap on the logo, and you’ll be redirected to a different page.
- Specify how much you wish to deposit and log in to your eWallet account.
- Enter your phone number or the email you provided when you created the eWallet account.
- Enter your password and the 12-digit WMID number you receive.
- Confirm the transaction, and you’ll be redirected to your online casino.
- The money will be on your balance in an instant.
- Start playing right away!
Withdrawals with it…
…are pretty much the same. You need to go to the online casino’s Banking/Cashier page, and from the eWallets list, choose WebMoney. Enter the required information, the amount you wish to withdraw and confirm your transaction. This time…
…however, keep in mind that your transaction won’t be instant. The best thing to do is check the withdrawal times before you request the withdrawal, just to be certain how much you’ll need to wait for the money to reach your eWallet account. Bear in mind two things as well: availability and fees. Sometimes, casinos exclusively accept the eWallet for deposits and ask players to choose a different solution for withdrawals. Plus, in addition to the standard 0.8% fee, you may need to pay extra casino fees for using the eWallet as your withdrawal method.
Limitations and Restrictions
The most obvious restriction…
…when it comes to using WebMoney is the country restriction. Unless you’re a user from the eligible European countries and some global markets, you cannot use it. This is especially evident in countries where the legal regulative prevents them from offering its withdrawal services, such as the US restrictions.
Another evident limitation…
…is the fact that it can only be used with several currencies, and that’s it. And then there’s the fact that not all casinos that accept it for deposits allow withdrawals with it. In such cases, you would need to look for an alternative solution to cash out your winnings from your online casino. This could impose unnecessary complications for you as a player, especially if you want to play with the same payment method for both deposits and withdrawals.
Advantages and Disadvantages
When it comes to the advantages…
…you can get with this eWallet, security is one of the most significant ones, something in which the eWallet really stands out from the rest. The fact that in addition to the standard encryption protocol, SSL encryption, it requires from you to fully authenticate your identity in several ways, is what makes it a completely impenetrable payment solution. Unless you provide all the codes and passwords, you cannot complete a transaction. Although this may seem a bit too much, it is for your own good and the safety of your funds.
Another benefit you get from it…
…is that it is super easy to get started with, and use it across online casinos. You just need to create an account with it, and you’ll be instantly able to use its services. You have numerous banking solutions at your disposal to fund the eWallet account and use it to perform online casino transactions with it afterwards, without sharing banking details with the casino. That’s another perk you get for using it, the fact that you won’t need to share bank account or credit card details with your casino in order to deposit and withdraw.
The fact that it processes…
…deposits instantly, and withdrawals with it arrive in decent times, is what makes it a great option for those impatient players who hate waiting for days for their transaction to be processed. Add to that the fact that it is a solution accepted across so many online casinos, and you’ve got yourself the most incredible solution to use, as a player from the eligible countries.
On that note…
…the downside is that it is not available all across the globe. There’s a list of eligible countries, and only players from those countries can use it across online casino sites, even if the solution is available on the site. Add to that the fact that the service itself charges several fees for different actions, and the fact that the casino may charge additional fees when you’re using it for withdrawals, and you can see why some players are not that thrilled to use the eWallet. Naturally, as an eWallet service, WebMoney must charge fees, but the fees it charges are just too much for some players.
Final Analysis
Judging by its availability across casinos…
…and its popularity among online casino players, we can say, without a doubt, that WebMoney is a payment method worth your consideration. It has a lot to offer to eligible users, and you can find it across premier online casinos. It offers speedy transactions, which is very important to players, but also extremely secured transactions, which is one of the paramount conditions when it comes to choosing a solution to use across online casinos.
It comes with several currencies, and it offers a few services, the most popular of which is the eWallet service. You can fund your eWallet account with many banking options, and make transactions to and from online casinos with the highest level of privacy, as you won’t need to share any banking details with the operator. On that note, it is worth mentioning that it is a solution that offers both the deposit and the withdrawal service, so you would get a chance to play with the same method if the casino allows it.
However…
…while on this matter, you should remember that not all casinos accept it as a withdrawal solution, so before you decide on requesting withdrawals with it, you must check with the casino whether you can or cannot use it to cash out your winnings. And while on that, check whether additional fees will be charged on the casino’s part. The eWallet arrives with its own fees, but the casino may charge fees on its own when you’re using it for withdrawals.
Also, don’t forget that…
…this payment method, even though available at your chosen casino, may not be available to you, if you’re not a player from an eligible country. So, make sure you’re informed about every little aspect, weigh in the pros and cons, and only then decide whether WebMoney would be the perfect payment method for you to use across online casinos.
Best WebMoney Casinos
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