Best WebMoney Casinos 2023: Webmoney Online Casino Guide!
If you want to find the very best casinos that accept WebMoney deposits and withdrawals in 2023 or learn how to use this e-wallet for gambling, then this article is for you.
Best Casinos that accept WebMoney Deposits in 2023
What Is WebMoney?
WebMoney is an online payment solution launched by WM Transfer Ltd. in Russia in 1998. Currently, it is one of the largest and most reputable payment services in the country.
Although designed mainly to serve Eastern Europe and Russia, WebMoney has a global reach, with over 40 million clients worldwide and 300 000 weekly users.
In 2015, the company was granted a license to issue electronic money in the European Economic Area by the FCA (Financial Conduct Authority), which allowed it to extend its operations even more.
Today, WebMoney is particularly popular in the iGaming community, as it allows seamless integration on online casino and poker platforms.
How To use WebMoney
WebMoney is mainly used as an e-wallet to store currency or other assets and as a peer-to-peer transfer service. They also offer prepaid debit cards for clients to spend their funds.
Because it is such a complex financial product, WebMoney is aimed at both regular users and businesses, offering secure transactions in multiple currencies and an escrow service.
WebMoney functions via a unique system of “purses” to store their clients’ funds.
Each type of purse corresponds to a different asset – electronic money, property rights for cryptocurrency assets, certificates of purchase for goods and services etc.
These property rights are held by a Guarantor and all purses created are kept in safe storage. Clients are given a unique user registration number (WMID) and can manage their assets easily through the company’s app, WebMoney Keeper.
To register for WebMoney, you need to submit your phone number with your country code and e-mail address. You will then receive an SMS for verification and an e-mail with your unique WebMoney ID.
This unique ID and the password to your account can then be used to make online transactions. Once you agree with the terms and conditions, you can choose the currency of your wallet – Euro, USD, Russian Ruble etc.
Every WebMoney account holder will then need to purchase “WM Units”. These units can then be converted and withdrawn in your native currency.
You can fund your wallet through via cash at ATM (only available in Russia), e-money transfer, wire transfer, card top-up or online banking.
To gain access to all of your account’s facilities, you will also need to pass the KYC check by submitting some legal documents (electronic copies of your ID or driver’s license and a bank statement to prove your residence).
This is also a mandatory step to make successful online casino top-ups, especially if you want higher deposit limits.
WebMoney Mobile App
In terms of accessibility, WebMoney makes it easy for anyone to manage their funds at home or on the go – they offer a WebMoney Keeper for browser, Windows, social networks and for mobile use.
The name of the mobile app is “Keeper Mobile” and you can download it from Google Play, Appstore, Windows Phone store or Blackberry App World.
WebMoney Online Casino Regulations and Customer Support
WebMoney is a fully regulated payment service in multiple jurisdictions around the world. The company uses a guarantor system to protect their clients’ assets.
Different financial institutions regulate the wallets they offer. That is why the purse types have different acronyms – wmz for US dollar assets, vme for EUR assets, wmr for Russian Ruble assets etc.
Because WebMoney abides by each country’s specific legislation, you’ll have peace of mind no matter where you register from (for example: your euro purses are managed according to European e-money legislation).
If you ever need to reach the WebMoney team for any issues regarding your account, they have two dedicated phone lines for Russian citizens: +7 (495) 727-43-33 and +7 (812) 309-02-91.
You can also access support.wmtransfer.com and open a ticket depending on the type of support you need – assistance with passport service, financial or technical support etc.
Currencies supported by WebMoney
WebMoney supports deposits, withdrawals and the creation of purses in multiple currencies – USD, Euro, Russian Rubles, Belarusian Rubles or Vietnamese Dong.
They also have purses available for other digital or physical assets held in a certified storage – gold, Bitcoin, Bitcoin Cash and Litecoin.
Is WebMoney Safe?
All transactions performed by WebMoney are instant, irrevocable and secure – the system never shares any personal details with third parties.
Due to WebMoney’s business model and dedication to improving their security with multiple layers of encryption, the company is often compared to PayPal.
WebMoney offers three basic authentication methods for all users:
- Login and password
- Secret keys (12-digit WebMoney Identification number for every account, password, keys and wallet files) – a similar concept to crypto wallets
- Digital certificates
You can also adjust your privacy levels when using a WebMoney transfer (you can decide whether the receiving party gets to see your first and last name, e-mail or postal address).
The company further provides WebMoney Company Security procedures for transfers that you can go through or enable such as approval and blocking of IP addresses, a list of trusted WMIDs to check, SMS confirmation codes etc.
Where Can You Use WebMoney?
WebMoney is an alternative for individuals who don’t have a bank account or credit card. The system was designed especially for international transactions and high risk payments at merchants online. Their escrow system provides secure transactions and fraud screening to protect customers.
WebMoney is currently available in 38 countries such as Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova or Russia.
WebMoney in Russia and Eastern Europe
WebMoney has been a trusted payment provider in Russia for the last 20 years and the country still remains the company’s main operation. WebMoney has actually been founded as a means of transferring USD after the financial crisis in Russia in 1998.
Russian casino sites are also a booming market for WebMoney’s operations. Russian players prefer to use a trustworthy, well-established payment service to handle their casino deposits without running the risk of having their transactions blocked.
The European Economic Area, particularly Eastern European countries such as Moldova have become other growing markets for WebMoney following their FCA licensing.
WebMoney in the UK
WebMoney has a decent degree of popularity in the UK, with many merchants and online casinos accepting it for deposits and withdrawals. UK WebMoney users can fund their gambling accounts via online banking, prepaid cards, vouchers or debit cards.
Withdrawal is also possible to any bank account or directly on a debit card (since gambling on credit cards was banned at online casinos in the UK).
WebMoney in the US
Due to federal regulations, the system is not as present or popular as it is in Europe and the vast majority of online casinos and merchants don’t accept it.
WebMoney at Online Casinos
WebMoney is a well-rounded, complex and trustworthy payment system, which is why the number of WebMoney casinos is growing.
Webmoney can be used a casino e–wallet and managed entirely from the app or players can create virtual cards – in this way, they maintain full anonymity and get the best transfer speeds and security.
Even if the casino doesn’t have WebMoney listed in the cashier section, players can still use the service, if they have a WebMoney prepaid card attached to the wallet.
In this way, users can insert the card details directly and bypass any deposit issues, since the cards are issued by Visa and Mastercard, so they will be accepted at virtually any online casino.
WebMoney Casino Games
Because you can find a Webmoney Online Casino in so many parts of the world, players have access to a games selection as global as the service itself.
Based on our research, most Webmoney casinos offer:
- real money slots from top software providers like Microgaming and Novomatic (jackpot slots, 3D titles, vintage fruit slots)
- table games (real money roulette)
- card games (blackjack, online poker, baccarat)
- live casino (live dealer roulette, live dealer baccarat,)
Another perk is that most WebMoney casinos we studied are mobile-optimized or have apps you can download so you can play from anywhere (e.g. William Hill).
WebMoney Bingo Sites
There are many bingo sites that accept WebMoney deposits, particularly in the UK. Players can enjoy both 75 and 90 ball bingo games and other exciting variations.
WebMoney UK users registering on bingo sites can get additional incentives such as free bingo tickets, cash bingo bonuses and free spins.
One such example is William Hill.
WebMoney casinos usually offer the following bonuses to new players:
- First deposit bonus – while deposits made via other e-wallets like Skrill or NETELLER are not eligible for welcome bonuses, this is not usually the case with WebMoney (for example, Mansion Casino currently offers WebMoney users a first deposit bonus of up to €5000)
- No wagering free spins – because they are usually part of the welcome package, if your WebMoney first deposit is eligible for the welcome bonus, you will also get the free spins
- Seasonal promos – Easter, Christmas, etc
- General Promos – Reload bonuses, referral bonuses, and cash-back
How To Deposit With WebMoney
To fund your online gambling account, all you need to do is select WebMoney from the list, insert the sum you wish to deposit and the details of your WebMoney account, then confirm.
Similarly to Bitcoin transactions, WM unit transactions are irreversible, so be very careful when transferring funds and make sure your data is inserted correctly.
WebMoney deposits are instant, with most casinos imposing a standard minimum deposit limit of £10 for e-wallets.
How To Withdraw With WebMoney
When you are ready to cash-out your casino earnings, simply go to the cashier section, select WebMoney from the list, specify the amount, insert your WebMoney login details and confirm the transaction.
Withdrawals are processed in roughly 2 working days, as it is the case with most e-wallets.
However, keep in mind that some casinos only allow WebMoney deposits, not withdrawals, in which case you will have to look for an alternative casino payment method.
WebMoney Fees and Limits
WebMoney users don’t get charged anything for receiving WM units corresponding to an asset or currency, however, if you want to send WM, you will get charged.
Web Money has a fixed service fee of 0.08% for every transaction made through the system – that includes both online casino deposits and withdrawals.
Other fees can be added on top depending on the currency, the type of purse you use and what other operations you do with your account.
For example, withdrawing in USD comes with an additional agent’s fee of 0.6%. If you withdraw from WebMoney to your bank account, there’s another 2% fee to look out for.
If you deposit at an online casino WebMoney with the debit card attached to your wallet, you’ll be charged a 2.5% fee. The company displays them all very transparently in their rates section.
WebMoney Pros & Cons
- Transfer speed – instant deposits and quick withdrawals
- Variety of purses offered
- Many ways of accessing your account (mobile + desktop)
- Multiple currencies supported
- A well-established company (20+ years of activity)
- Secure transactions (SSL encryption + other security protocols)
- Geographical restrictions – not all countries support WebMoney
- There are fewer WebMoney casinos than PayPal casinos or Skrill casinos
- Some bonuses are not available to players depositing via WebMoney
- Fixed fees for every transaction
Best WebMoney Alternatives
Since WebMoney is a top payment processor in Russia and it routinely offers lower fees and quicker processing times for Russian Rubles, the closest alternative if you’re a Russian player is Qiwi.
Qiwi functions very similarly, it is another e-wallet that is geared at the Russian market – you can top it up in your native currency with cash at kiosks around the country or use online banking.
WebMoney Casinos FAQs
Yes. WebMoney is an international payment processor that is regulated by different financial institutions in the countries they operate in – e.g. FCA in Europe. They also offer secure transactions and other means of protecting their client’s assets (such as SMS confirmation).
Yes, but only if the merchant you want to buy from or online casino you want to play at have WebMoney listed as payment method. WebMoney is present in many other countries aside from Russia – UK, Armenia, Belarus, Moldova etc.
It depends on the casino’s policy. Some casinos state that deposits made through e-wallets such as Skrill, NETELLER or WebMoney are not eligible for welcome bonuses, whilst others take them into consideration (e.g. Mansion Casino). Always read T&C’s to be sure.
Yes, WebMoney online casino withdrawals are possible, but only if the operator you’re playing at has it listed in the withdrawals section. Some casinos only allow it for deposits.
Sending WM units comes with a fixed fee of 0.8% per transaction. Other commissions may be added depending on the currency and wallet type you use – all fees are specified in detail on the WebMoney website.
WebMoney can be used even without sharing personal data, however, you will have some limitations added to your account. For example, if you want to make a transaction exceeding $200, your account needs to pass KYC (Know Your Customer) verification.
Yes. Other popular and trusted e-wallets you can use are PayPal, Neteller, Skrill, Qiwi (for Russian players in particular), Trustly or Payz.
If you intend to use it for online casino deposits and enjoy higher limits, then yes, you will need to have your account fully verified.
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