WebMoney is an e-wallet payment method that allows you to send and receive online payments conveniently. It was founded in 1998 in Moscow and has since grown its customer base to accommodate over twenty million users across the globe, including most of the Eastern Europe countries.
Apart from e-commerce WebMoney can be used to fund your casino account provided it’s available at your casino cashier page. Using this payment method to carry out your casino transactions is safe and secure as it only partners with licensed casinos.
Who can use WebMoney?
WebMoney is mostly convenient for players from Russia and several Eastern European countries. You can either apply for a physical or virtual WebMoney MasterCard or Visa cards and use it to make your casino deposits.
But before using WebMoney at your favorite online casino, you first have to open a separate account. The process of setting up your account is easy. You will just be required to provide a few personal details. A confirmation text will be sent to your phone, and you will be good to go.
For security purposes, WebMoney offers you up to four different passports that you can conveniently use for online transactions. They include Alias passport, Formal passport, Initial passport, and a Personal passport.
Making a deposit using WebMoney
To use WebMoney to fund your casino account is quite easy. After setting up your WebMoney account, you have to select it from your casino cashier page. You will then have to follow the said steps, and your transaction will be completed in a matter of minutes.
Once the transaction is finalized, your funds will immediately be available for play. However, it’s important to note that you will have to incur depositing charges every time you want to make a deposit.
Advantages
WebMoney allows you to handle your casino transactions in a safe and secure environment. There is no point where you will be required to share your account details with the casino as all the transactions are done through the WebMoney account.
Also, all the WebMoney online casinos advocate for responsible gambling. Therefore, you can be able to conveniently set your deposit limits every time you want to fund your gaming account.
Another advantage of using WebMoney is that it’s available in app form. You can, therefore, download the app from Google Play Store for Android devices and for IOS devices it’s available on the Apple Store.
Disadvantages
One of the main drawbacks of using WebMoney is that you will have to incur transaction costs when making your deposits. You also have to be a player from Russia and other Eastern European countries for you to use this payment method. If you reside in the US or other countries, you can opt to use other e-wallets like PayPal.
Verdict
WebMoney is convenient for players from most of the Eastern Europe countries, who mainly prefer to handle their casino account transactions on the go. But with the transaction charges, it is not great for players who want to save up on that little cash winning from your favorite online casino.