On the Webmoney page, you will find useful information about the company. It was introduced to the market at the end of the 1990’s and the customers can use it for managing online payments at any merchant. After you create an account at their website, depositing money into it gives you the opportunity to use it for payments to and from different online bookmakers. You can find a list with bookmakers who accept Webmoney in the next part of the article.
Bookies which accept Webmoney
|Bookmaker||Founded||Jurisdiction||Bonus||Min. Bet||Max. Bet||Grade||Review|
|1999||United Kingdom||£30||£2||No max||
The company operates in 38 different countries and you can deposit with one of the many currencies that they accept. After you have deposited money into your account at Webmoney, sending and receiving payments becomes an easy process which means that this service is perfect for all punters out there.
There are some similarities between Webmoney and other services like PayPal and Skrill (Moneybookers) because they all act as an online storage for your money, which you can later use online at any given moment. By using the online “purse” option, you don’t have to bother with giving out the data from your debit or credit card, thus making the process more secure.
The company is focusing mainly on countries from Eastern Europe and if you have to work with another currency, Webmoney can be really handy.
Many of the big bookies are supporting Webmoney as a payment service so that punters can use it without any problems.
How to use Webmoney at Betting Sites
The process of using Webmoney as a payment method at bookies is fairly simple. You need to create an account by going to their website www.wmtransfer.com and registering.
Before all of this can happen, you have to verify yourself by filling out some personal information. You will also receive a phone call from Webmoney where you will receive a password that you must change after setting up your account.
Since their services are set up in Russia, you will need to change the language from Russian to English. There are other options, but most of them are languages that are used in Eastern European countries, however, you can also select Spanish.
After you have done all of this, you can start depositing funds into your account. This can be done either by a credit or debit card and you can even save the information for the next time you want to make a deposit. You can also use the wire transfer option and deposit and withdraw the money directly from your bank account. Another option is just handing the cash over at the bank.
Then you can use the Webmoney account at other websites who accept them as a payment method. This means you can also withdraw winnings into the account, thus having a very easy way of transferring money from the bookies to your bank account.
Webmoney Online Security
Webmoney are considered as a safe choice when you want to transfer money online. Most people deposit money into their Webmoney account from an ATM, through the bank or wiring funds with a banking service. This is considered a very safe way to transfer money online because you are always in control. When the money goes to your online “purse”, you can feel safe about it. After that, you don’t have to give out personal information or credit card numbers because Webmoney take care of all transactions.
When using Webmoney’s services, you also are protected with SSL encryption which can be seen from the green padlock that’s located at the left side of the URL. The main purpose is protecting your information so that no third parties can see it. All of the betting sites which are listed at www.topbettingsite.co.uk who accept Webmoney also use it as a security measure.
There are many other features that ensure your safety like using key files which are kept in your computer so that you can access the online “purse”. There are other many great security features like the digital certificates and e-Num which lets you verify yourself at different websites.
The company was founded in 1998 and its original purpose was to serve Russian clients who wanted easier online money transfers. This explains the fact that many of the pages are in Russian language. Now, Webmoney is famous across the world and has grown to almost 11 million customers.
In the beginning, the headquarters were in Belize, Central America, and today most operations are outside of Russia, except for the technical support which is located in Moscow. Webmoney currently has offices in countries like France, Netherlands, Greece, Spain, Japan and USA.
Webmoney Associated Fees
Bookies are usually lenient and won’t charge you for using Webmoney, but the company itself will. But you can check full informaton about fees at their website.
There is a 0.8% transaction fee which can depend on the amount that you are transferring and the payment method. Despite these fees, Webmoney is still cheaper than other services like PayPal and many people use it as an alternative. Even though you will have to pay fees to Webmoney, the bookies won’t demand anything.