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Webmoney payment system review

Company Review

Webmoney is the most popular payment system in the former USSR. Unfortunately, the company has lagged behind time and loses its position every year. We think that Webmoney took the wrong way to progress, making their clients pay for nearly everything. For instanse, WebMoney wallet holders have to pay 0.8% from each transfer and each purchase they make although it’s common that all expenses lie on the recipients with almost all other payment systems (shop holders, bookmakers etc.).

It has to be noted that an average commission from deposits and withdrawals is 3%. It doesn’t seem to much unless you operate large amounts of money which will make you surprised at the end of the month when you see the total expenses. We’ll add that there are absolutely no bonuses or promotions here. All in all, it seems that the only positive Webmoney has is an absence fo a verification process when registering with this service.

Company information

Name

WebMoney

Address

Russia Moscow 119049 Koroviy val, 7

Phone

+74957272007

Founded

1998 .

Visit Site

Webmoney.ru

Accepted currencies

BYR
EUR
KZT
RUB
UAH
USD

Supported languages

English
Portuguese
Russian
Spanish
Turkish

Website versions

Visit Site
Mobile
version
IOS
Android
Windows
Phone
Versions

Pros and cons

Cons
  • Expensiveness
  • No bonuses
  • Low security level
Pros
  • No verification
  • Easy withdrawal via dealers
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