WebMoney Casinos
Web Money is used by more than 40 million people across the world. With it, you can make online purchases. If you are searching for WebMoney Casinos, our guide can help you with it. We are going to talk about everything that is to know about WebMoney Casinos.
What Is WebMoney?
WebMoney is an online payment developed by WM Transfer Ltd. in 1998. At present, it is one of the largest services in the world. Even though it has been designed to service only Russia and Eastern Europe, WebMoney is globally available.
In 2015, the company got a license to issue digital money to the Financial Conduct Authority in the European Economic Area. This enabled it to extend its operation. At present, WebMoney is largely popular in the online casino industry since it enables seamless integration on online gambling sites.
Best WebMoney Casinos
1. 1xBet Casino
1xBet is a popular online casino and sportsbook in the world. It is a site that gets its license from the Government of Curacao. The casino has thousands of users. All players get access to a wide range of payment methods, including WebMoney.
2. Vulkan Vegas Casino
Vulkan Vegas provides players with an exciting gambling experience. It has been licensed by the Government of Cyprus. There are heaps of deposit methods to choose from. One of the available options is WebMoney. You will find all types of games at the online casino.
3. Betway Casino
Betway is popularly known as the sports betting site but it offers a little bit of everything. The casino offers all types of games. It has big jackpots up for grabs at the casino. New and existing players can expect to enjoy the lucrative bonuses the site has to offer. It has a license to operate from the Malta Gaming Authority.
4. 1xSlots Casino
1xSlots Casino is a WebMoney Casino that was licensed by the Government of Curacao. It offers a generous Welcome Bonus to its customers. The casino also provides a loyalty bonus to its players. There is a large collection of casino games for you to enjoy.
5. Casino.com
Casino.com is probably one of the biggest names in the online casino industry. It has game options for almost all players. When it comes to this casino, you can use WebMoney to deposit. The casino also offers a significant Welcome Bonus to all new customers.
How to Use WebMoney at an Online Casino?
WebMoney is primarily used as an e-wallet for storing money. It is a peer-to-peer transfer service.
It is easy to use WebMoney to deposit money at an online casino. Here are the steps you have to follow,
- Your first step is to register for WebMoney. For this, you have to submit your phone number and email address. You are going to receive your unique WebMoney ID through an SMS or email for verification. You can use the unique ID and the created password to the account to start making transactions at the online casino.
- Choose an online casino that supports WebMoney and register an account by sharing your details.
- Once you have created your account, go over to the Deposit or Cashier section to choose WebMoney.
- Enter the wallet ID along with the amount you want to deposit. Now, confirm the transaction from the WebMoney website or app. The money will be transferred to the casino account instantly.
WebMoney accepts a wide range of currencies, including USD, Russian Rubles, Vietnamese Dong, Euro, and Belarusian Rubles.
Is WebMoney Safe for Using at an Online Casino?
You can perform instant transactions through WebMoney. It is also secure since the system doesn’t share any personal details with third parties. Due to its business model and dedication to improving its security with several layers of encryption, often people compare it to PayPal.
The three basic authentication methods by WebMoney are as follows,
- Login ID and password.
- Secret keys or 12-digit authentication numbers for each account, password, wallet files, and keys.
- Digital certificates.
Adjust your privacy levels when you are using WebMoney for transferring money to an online casino.
How to Withdraw Money Using WebMoney?
When you want to cash out the money you have won, just go over to the cashier or banking section to select WebMoney from the list, enter the amount, and enter the login details to confirm the transaction.
The whole withdrawal process just takes 2 working days to be complete like any other eWallet.
But there are a few casinos that only allow WebMoney deposits instead of Withdrawals.
Fees Associated with WebMoney Casinos
WebMoney is one of the most cost-effective payment solutions out there when it comes to an online casino. It charges a certain amount of fee for the transactions but it is reasonable. This is the reason the method is so popular among gamblers.
The default service charge for WebMoney is 0.8% of the money you are depositing.
In case you have a MasterCard or Visa, which is connected to a WebMoney account, you might be charged a 2.5% fee up to €50.
Pros and Cons of Playing in a WebMoney Casino
It is worth it to weigh the pros and cons of a banking method that you can use in an online casino. Let’s take a look at them,
Pros
- It allows you to make quick deposits and withdrawals.
- The payment method supports multiple currencies.
- You have different ways to access the account.
- WebMoney is a well-established company.
- It secures the transactions using SSL encryption and other security protocols.
Cons
- Not every country will support WebMoney.
- It charges a fixed fee for every transaction you make.
- Some casinos might not allow you to claim the bonuses that are available.
Final Thoughts
WebMoney provides players with an innovative online payment solution. It is easy to use. You can make instant fund transfers through this payment method. It is preferred by customers from all across the world. There are many WebMoney casinos to choose from. With this, you can make safe and secure transactions.