Webmoney Online Casinos
When you discover that you can use a particular online payment system for the quickest and safest transactions, you will be pushed to embrace it. However, you will make it your payment method of choice only when you realize that it can be used in almost all the countries of the world. So, it is not just about service and efficiency for the Webmoney payment method. The fact that it works almost everywhere makes it imperative.
The Webmoney e-wallet has been in existence since 1988 when it was established in Moscow, Russia, and it is owned by WM Transfer Ltd. At the initial time, the target was the Russian and other eastern European markets. But it did not limit itself to anything. This, coupled with the fact that it has very important solutions on offer, made its subscribers to grow to 36 million by 2017. The subscribers are from different countries and with different currencies. Presently, this peer to peer payment system, with an escrow feature, boasts of more than 100,000 online stores that accept it.
The Webmoney payment system stores the funds in a purse. The good thing is that while you have your funds in the Webmoney purse in form of an asset; it could be converted into other electronic money’s underlying assets like currency. So, you can have your Bitcoin or Litecoin money converted into dollars, or your Russian rubbles converted into dollars and vice versa. Now, it is good to note that the assets that make up the Webmoney units are possessed by a global network of firms that are contracted by Webmoney to serve as guarantors for payments. The work of these guarantors is to issue the equivalent of the Webmoney units when they receive deposits of the underlying assets. This way, they will exchange these into the local currency of their country. It has an amazing characteristic, and that is the fact that it allows the use of Bitcoin, Litecoin, Ether, Bitcoin Gold, Dash, Ripple and Monero for its financing, instead of e-wallets and credit cards only.
Using the Webmoney in Online Casinos
Before you start making payments into your casino account with Webmoney, you need to register with them first. The sign up exercise takes a few minutes to complete. Enter your mobile number, personal details and phone number. Get a confirmation of the verification of your mobile number after that, create a password, select the currency you desire to use and you are good.
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Types of Casinos accepting Webmoney
Casinos That Accept Webmoney
There are many online casinos that accept Webmoney as one of their payment methods. Because the Webmoney system has a very wide reach, many casinos from different parts of the world allow people to make deposits and withdrawals through it. So if you long to enjoy Webmoney online casinos, you should try Casino.com, SCasino, bet-at-home.com, 888 Casino, and Casino Las Vegas, 777.com, Casino Tropez, Winner Casino and Casino King. Others are NordicBet Casino, BetAt Casino, Casino Cruise, Casino Room, Jetbull Casino, Ladbrokes Casino, PlayFrank Casino and Quasar Gaming. You can also pay with Webmoney at 18bet Casino, 7 Sultans Casino, Betfair Casino, Casino La Vida, Euro Palace Casino, Fly Casino, Gaming Club Casino, Jackpot City Casino, Lucky Nugget Casino, Omni Casino, Platinum Play Casino and Red Flush Casino.
Pros of Webmoney Online Casinos
- You can fund the account through many sources
- It hides your bank account details, so it’s safe and secure
- Available in many countries in and outside Europe
Cons of Webmoney Online Casinos
- The service fees could be high
- Very few withdrawal options
- Website could be complex to use
Webmoney Casino Types
The available types of Webmoney online casinos simply entail the types of casinos where you can enjoy games with Webmoney payments. So, here, we can say that there are live web money casinos where you can use it to do transactions for those games you can stream live. With the Webmoney payment system, you can also enjoy games on mobile and desktop casinos. Webmoney payments can also be used to play both in the flash and download games, as well as in many new online casino games.
When you talk about the types of Webmoney transactions available, we can categorize them according to the different Webmoney passports. The passports are used to identify the different levels of transactions you are allowed to enjoy with the system. They include the Alias Passport which is given to new members as a default passport after the initial opening of account with email address and phone number. This will allow you to make deposits, but you may find it difficult to withdraw with it. This entails low security, and therefore minimal trust from the merchant. The next is the Formal Passport. Here, you have to provide an additional ID for further verification before you can be allowed to make transactions. It could be your international passport or divining license. When you provide the necessary identification here, you will be allowed to enjoy all levels of Webmoney transactions. There is also the Initial Passport which is given to people that have done physical verification at the office of a Webmoney agent in their location. With this, high rollers can deposit and withdraw huge amounts of money from their casino accounts. The Personal Passport is the type that is given to a player who wants to make very high deposits in their online casino account. This presents the highest amount of withdrawal and deposit limits. So, people can deposit and withdraw very huge sums when they have this passport. You have to undergo further verifications for this, and will also pay some extra fees to the Webmoney agent that will do this for you.
Countries Where Webmoney Operates
The Webmoney online payment method is available in many countries. So, you will not find it difficult to locate countries and casinos where you can enjoy with it. It started in Russia, and has since moved to the United Kingdom, Australia, New Zealand, and Canada. People in Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan and many other countries can also use it. Recently, it started operations in Bangladesh, Cameroon, Cote d’Ivoire, Egypt, Ghana, Indonesia, Malaysia, Nigeria, South Africa and Vietnam.
F.A.Q.
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Is Webmoney safe, and why?
Yes, the website is encrypted with SSL security system
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Can Someone Track and Identify my Webmoney Deposits?
No, your personal details are not exchanged with the casino
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Do All Casinos Accept Webmoney?
No, but many casinos accept it
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What Casinos Accept Webmoney?
Casino.com, SCasino, bet-at-home.com, 888 Casino, Casino Las Vegas, 777.com, Casino Tropez, Winner Casino and many others
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Are There Any Fees Charged by Webmoney?
Yes, transactions incur charges
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Are Webmoney Deposits Instant?
Yes, payments are instantly processed
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Can I use Webmoney for Depositing in UK and Canada?
Yes, UK and Canada accept it
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Can I Use Webmoney in Mobile Casinos?
Yes, it’s is mobile friendly