What is WebMoney? WebMoney Review, Features

WebMoney (WM for short) is an online e-commerce payment system developed by WebMoney Transfer Technology, a company founded in 1998. Its payment system can be used in 70 countries around the world, including China.

About WebMoney

• WebMoney is an electronic currency system operated by WM Transfer Ltd. It includes several electronic currencies, the most commonly used are - WMZ (equivalent to 1 USD), WME (equivalent to 1 EUR) and WMR (equivalent to 1 RUB).
• WebMoney offers customers multiple ways to log into their accounts - WebMoney Keeper Classic (most secure, uses high-end software for logging in), WebMoney Keeper Lite (slightly less secure, but still uses web browser protection for logging in). Other methods are available but rarely used.
• WebMoney has a daily turnover of more than 100 million US dollars and has millions of users around the world. Although WebMoney started as a Russian payment system, it has now become an internationally popular electronic currency system and deposit and withdrawal system with many agents around the world.
• WebMoney is a highly secure online payment system that provides security for files through special protected keys. Even if the password is stolen, the funds are still safe. Although the general WebMoney account is anonymous, personal identification information is required when withdrawing money. This makes WebMoney safer than PayPal or other online payment systems.
• WebMoney is a great option for Forex traders who are looking for a fast, secure, easy-to-use deposit method without the hassles of credit cards or wire transfers. Many Forex brokers support WebMoney deposits and withdrawals.

WebMoney Features

1. Security

Transfers require SMS verification, remote login IP protection and other multiple protection features;

2. Rapidity

Instant payment;

3. Stability

The most mainstream electronic payment method in Russia, and all major Russian banks can recharge and withdraw money independently;

4. Internationality

Anyone can open an account online anonymously and for free, and it can be run with zero capital;

5. Convenience

You only need to know the other party's wallet number to transfer money;

6. Privacy

Anonymous application, privacy protection;

7. Versatility

Many foreign exchange, investment and shopping websites around the world accept webmoney payments.