WebMoney was founded in 1998 and is considered one of the well established online payment processors with as many as 4 million users. Customers need to verify their personal identities only one during the registration process. They do not store your personal credit card details in their system since you do not need to link your WebMoney account with a credit or debit card. This makes it one of the safest online payment methods for online casino gamblers. Payments are password protected while funds that are transferred to a vendor are not accessible until the vendor is provided and enters a password from the customer.
WebMoney is similar to an escrow system and is now widely accepted at poker rooms and online casinos. To register with WebMoney you need to download the ‘WB Keeper’ application along with which you receive an ID. Funds can be loaded to your WebMoney account via bank wire transfer, WebMoney Exchange Offices, Cash-in Terminals, and WM-Cards. Using your bank account is an easy way to deposit funds into your WM wallet.
To deposit funds to your casino account through WebMoney, select the payment through the Cashier, enter your WebMoney details and amount, confirm the transfer, and you are ready to play real money games at your favorite casino. There is a 0.8% transaction fee on deposits. Making withdrawals from your casino account to your WebMoney wallet is easy. The casino will send the funds directly to your WebMoney account. You can withdraw funds from your WebMoney account using a bank card, bank wire, money transfer or through a WebMoney Exchange Office. There are many exchange offices located across the globe where you can deposit and withdraw money in person.
WebMoney has been in business for over a decade, which makes it one of the safer alternatives when it comes to casino banking. It incorporates the latest encryption technology as part of its security measures through its WebMoney client that you download to your desktop or mobile device. For customers in Eastern Europe, WebMoney is one of the most convenient options.