WebMoney Online Casino Gambling
Because of its security and anonymity, Webmoney has become a favorite of many online casino depositors. You can deposit safely and securely with no worry of releasing private details.
Webmoney is a great alternative to Paypal for international transactions when depositing at online casinos. There are many more casinos accepting Web money than Paypal giving you more choices. We have compiled a list of the best online casinos accepting Webmoney deposits.
Recommended WebMoney Online Casinos
WebMoney is a means of receiving or paying money in an online medium. Originating in Russia, this online service has become used worldwide and has is now a legal entity that is located in Central America. This corporate entity is located in Belize. There is also another company with the same name which is located in Japan, but unlike the WebMoney in Central America and Russia, the Japanese equivalent only deals with yen and is not highly focused on maintaining anonymity for the users. It was founded in 1998 by its owner, WM Transfer Ltd.
This online payment transaction server has a unique terminology, referring to accounts as purses and deals with a variety of currencies. These include US Dollar-equivalents (WMZ), euro-equivalents (WME), ruble-equivalents (WMR), Gold-equivalents (WMG) or hryvnia-equivalents (WMU). Valuing privacy, this system allows the users to remain ignorant of who they are dealing with, diminishing prejudice. The accounts are known as ‘WM-ID’s’ which are described as ‘strings’ and the accounts are free. The money is known as ‘WM Units’, but there is a slight fee for sending money to others, coming to 0.08%. Wire Transfers, money orders or transfers of electronic currency are available for withdrawals or deposits, each coming with a particular fee. WebMoney also has its own credit card, if you will, which can come at 10-100USD, which will fund an account.
WebMoney has two primary bases, one for technical support and one for the main proprietor and administrator. They are located in Moscow and Belize, respectively. Any transactions taking place in WMR’s system are, in Moscow, underwritten by the WMR LLC. Transactions which are taking place in WME or WMZ will be underwritten by Amstar Holdings Limited which is located in Panama. As alluded to, previously, this system does not only focus in the CIS or European countries, having bases in The United States of America, Germany, Spain, France, Japan, Greece, UAE,Israel and The Netherlands.
Though WebMoney may seem similar to PayPal, it has its differences. Unlike PayPal, this company is immune to scams and its word is final. It has a permanency to it that allows for its security and longevity, as any transactions taking place in it are impossible to retract. Despite these defenses, however, it does have some weaknesses. It has been the victim of various Trojan or malware quite frequently, but these are more technical issues than financial ones.
WebMoney is a fine alternative to PayPal, which will sometimes freeze an account for reasons they choose not to share, and has a very intuitive and elegant design to their site. It allows for you to choose your security method. The means of transaction are quite similar to PayPal except for the ability to validate a successful transaction for either the recipient or sender. Many people find the attention to detail this site provides to be worth the occasional fees regarding transactions and find it to be number one in the online transaction systems of currency as well as the fact that WebMoney is one of the easiest and most satisfying options for transactions available today.
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Webmoney is a popular online casino deposit method that you can safely use at these online casinos. You can find out more about them at the Webmoney corporate website.