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The thrill of online casinos is hard to beat so the payment method that you want to use for your deposit should not deny you this amazing experience. If you are a WebMoney user then we will show you some great WebMoney casinos that you can use.
Almost all online casinos will accept credit cards for a deposit but this is not always convenient. If you want to find a casino that accepts WebMoney then you have come to the right place. You will discover the best WebMoney casinos here. No longer will you have to struggle searching for online casinos with WebMoney payment acceptance.
When did online casinos start accepting WebMoney?
It is not clear when online casinos started to accept WebMoney as a way to deposit funds and make withdrawals. This method of payment has been around for a long time (1998) and some online casinos have accepted it for a few years now.
People want to use WebMoney to fund their online casino accounts because it is easy for them to make deposits with the casino and the withdrawal process is quick and efficient. If you request a bank transfer for your withdrawal then you are likely to have to wait up to five business days to receive your money. This is far too long and the transaction fees can be high.
When you make a withdrawal to your WebMoney account you will receive your funds a lot faster and the transaction fees are relatively low. Another reason that online casino players like to use WebMoney is that the service is secure. There are several security features with WebMoney that you can use to protect your funds.
More and more online casinos are accepting WebMoney now as a method to make a deposit and withdraw funds. There are several licensed online casinos that will allow you to use WebMoney with your account. We reveal some of the top WebMoney casinos for you.
No payment method is perfect and there are some drawbacks when it comes to using WebMoney with online casinos. The first of these is that not all online casinos accept WebMoney.
Many of the established online casinos will accept it, but if you want to play at some of the newer casinos then you will probably find that they will not have it as a payment method. The newer casinos tend to favor the more conventional payment methods such as credit cards, Neteller and Skrill for example.
When using WebMoney with online casinos you will probably need to top up your funding. You will have to pay a fee to top up your balance with WebMoney. Although most charges with WebMoney are reasonable, transaction fees of between 11% and 13% do happen sometimes. All payment methods are going to have transaction fees though.
The other disadvantage of using WebMoney is that it originated in Russia and designed with the former Soviet bloc in mind. Although it is now a worldwide service, transactions in Russian Rubles are the cheapest and quickest.
What is WebMoney?
You will sometimes see WebMoney referred to as WebMoney transfer. It is a payment platform online that first started in 1998. Although it is not as popular as other payment processors such as PayPal and Skrill it is still a very good way to make online payments at online casinos and other applications.
There are more than 30 million users of the WebMoney service which is a global settlement system designed for web based payments. With a WebMoney account you will be able to keep a track on your finances and make online transactions in a safe manner. WebMoney users manage their money through a user friendly and intuitive interface.
When you have a WebMoney account you have the peace of mind knowing that your personal bank details are never revealed to any third parties. With a large number of online casinos accepting WebMoney today, you should take a look at the benefits that this payment processor has to offer.
WebMoney offers a number of distinct services to its users. To make online payments for casino deposits you will need to use their WebMoney e-wallet service. Although WebMoney originated in Russia under the Soviet System, their website is available in English and Spanish as well as Russian.
You can register for a WebMoney account completely free of charge. Once registered, you can set up different “purses” if you want to do this. As a member of WebMoney, you receive a unique registration number which is your WMID (WebMoney ID). WebMoney allocates your purses to “keepers” under your WMID.
There are different keepers available with WebMoney:
- Mini (Keeper Standard) – To set up a “Mini” you will need to register at mini.wmtransfer.com. It is worth you doing this as the Mini provides an easy and convenient way for using a payment purse. You can use the Mini with all Internet browsers including the mobile versions of them.
- Mobile Keeper – If you are predominantly a mobile device user then you need to setup the mobile keeper. This is compatible with Android and iOS devices as well as Blackberry, Windows Phone and more. This mobile app is very easy to use and will help you to manage your money.
- WebPro Light Keeper – With this web based purse you will have extra features. To access WebPro Light you can use a digital certificate personal to you. You can also access it with a username and password or by using the WebMoney E-NUM authorization service.
- WinPro Classic Keeper – More experienced WebMoney users may prefer to use the WinPro Classic keeper. You will have more control over the management of your purses in the WebMoney system when you use this.
- E-NUM – This is WebMoney’s authorization system that comes with enhanced security. Your WebMoney keys are stored in the database in a secure manner and guarded against any malicious cybersecurity attacks. You can use E-NUM with most operating systems.
- Social Networks Keeper – If you want to make payments through Facebook, Odnoklassniki or Vkontakte then you can use the WebMoney social network keeper. When you install this it appears in the social network applications chapter for synchronization.
A lot of people in Russia use WebMoney but there are now a lot of worldwide users too. With WebMoney you can make transactions in the following currencies:
- Russian Rubles
- United States Dollars
- Belarusian Rubles
- Vietnamese Dong
There are also purses available for exchange traded gold held in a certified storage facility, Bitcoin and Bitcoin Cash and Litecoin. WebMoney uses a different model for banking compared to other payment processors. As a result it does not operate under the same rules and have the same restrictions as the others do.
A good example of this is the amount of money that you can transfer at a time using WebMoney. A lot of payment processors will only allow transactions up to a few thousand in a month, but you will find that WebMoney provides more leeway than this.
There are some WebMoney purse storage limits though. If you fail to verify your phone then you can only store US $200 in your purse (or equivalent amount in other currencies). With a verified phone number this limit increases to $600.
There are other levels of verification such as the “initial passport” where you can raise your limit to US $12,000. If you hold a “personal passport” then you can store as much as US $120,000 in your purse.
When you want to withdraw money from WebMoney there are several options available to you. You can transfer your balance to a debit or credit card, arrange for a bank transfer or receive a check in the post for example.
There are specific fees associated with each withdrawal method and these also depend on the currencies involved. Whatever withdrawal method and currency you choose it is unlikely that you will pay more than a 3.5% transaction fee.
One of the reasons for the rise in popularity of WebMoney is the high level of security it offers. You have complete protection with all of your personal information and bank details. All data that passes through the WebMoney system requires verification of the information.
When you create your WebMoney account you can use the following for your username:
- Your email address
- Your phone number
- Your unique WMID number
WebMoney requires additional confirmation of login information as well.
You will need to use secret keys to access certain files. If you have the WinPro Classic keeper then a special key for this has to be stored on your computer. There is a unique 12 character code as well as a password.
WebMoney use the latest SSL technology and encryption for every transaction that you make. Payments are anonymous and WebMoney never shares any of your personal details with third parties.
WebMoney guarantees all of their customers with complete confidentiality and to protect their personal details. Customers do have some privacy options where you can define what personal details you are willing to share with other users of WebMoney.
Using your WebMoney account at online casinos
Once you have your WebMoney account setup it is easy to use it to create a deposit with an online casino that accepts the payment method. Login to your online casino account and navigate to the “Cashier” page. You should see a number of deposit options and you want to select “WebMoney”.
All that you need to do now is to enter the amount that you want for your deposit and the relevant details of your WebMoney account. You will then need to confirm the transaction and this will initiate an immediate transfer of the funds from WebMoney to your balance with the casino. You can then play the casino games that you want.
Making a withdrawal from an online casino to your WebMoney account is a similar process. Navigate to the “Cashier” page of the online casino and look for the withdrawal methods supported. You will see “WebMoney” here so you need to select this.
Enter the amount that you want to withdraw and also the required information about your WebMoney account. Then you will need to confirm the withdrawal transaction. You will see a confirmation message that your withdrawal is underway. It will take some time for you to receive your funds in your WebMoney account.
The main reason for the delay with the withdrawal is that online casinos will verify all withdrawal requests as standard procedure whatever payment method you choose. This is a manual process and will take a specific amount of time. If the casino is really busy then there will be more withdrawal transactions to verify which will increase the time.
Once the casino approves your withdrawal the amount will transfer to your WebMoney account where you can use it for other applications. WebMoney withdrawal transactions are normally much faster than bank transfers.
Advantages and disadvantages of using WebMoney at online casinos
There are a number of advantages to using a WebMoney account to fund your online casino deposits. If you do not currently have a WebMoney account then please take a look at these advantages to see if the payment method is for you or not.
The major benefit of using WebMoney at online casinos is the transaction speed. You will be able to make deposits instantly and withdrawals are faster than other methods. Do you really want to wait 5 business days or longer for your casino withdrawals? You will not have to do this with WebMoney but you will with more conventional payment methods.
There are transaction costs with WebMoney (this is how they make their money and are able to offer the service). But these are considerably lower than a bank transfer for example. You pay a percentage of the transaction cost. Transferring funds to a bank is usually a lot more expensive especially when the transaction transcends international boundaries.
People that use WebMoney to play online casinos really life the security that it provides. When you make a transaction with WebMoney the casino never has access to personal details such as your bank account. WebMoney employs cutting edge security measures for all transactions and you will always feel that they are protecting your money.
WebMoney is fast becoming an accepted payment method with established online casinos. This means that you will have a good choice of casinos to play at with your WebMoney account and the list of casinos accepting this payment method should continue to grow. Many established online casino brands accept WebMoney.
Summary of WebMoney advantages
- Easy to make deposits
- Faster withdrawal times
- High levels of security
- Readily accepted by established online casinos
There are some disadvantages to using WebMoney with online casinos. The first of these is that you have to setup a WebMoney account. When you register for your account you will have to provide a lot of personal and financial details. There are a number of services offered by WebMoney and these can appear to be pretty confusing at first.
When you top up funds in your WebMoney account you will have to pay a fee. While this is not too heavy, there are other payment processors who will not charge for topping up funds. You will also pay fees on casino deposits and withdrawals.
At the time of writing, only the more established online casino brands accept WebMoney as a payment method. There are new online casinos appearing all of the time and these are unlikely to support WebMoney. Instead they are going to go with more conventional methods such as credit cards.
The final disadvantage is that WebMoney originated in Russia and intended for use in the old Soviet Union. Although it is a global service now, users that choose Russian Rubles as their preferred currency have advantages over other currencies like faster and less expensive transactions.
Summary of WebMoney disadvantages
- Account setup process and confusing services
- Fees for topping up your WebMoney balance
- Only established online casinos likely to accept WebMoney
- The service originated in Russia and favors the Ruble currency
None of the disadvantages listed above are major ones. Unless you particularly want to play new online casinos then you have a wide variety of casinos that accept WebMoney. All payment processors charge transaction fees and these are reasonable with WebMoney. Finally you can hold your money in US Dollars or Euros which is good.
Limitations of WebMoney with online casinos
The first thing to take into account here is the type of WebMoney account that you have. If you have opened an account and not verified your phone number then the maximum amount that you can hold in your WebMoney purse is US $200. So you cannot make a casino deposit or withdrawal for more than this amount.
By verifying your phone number and being able to receive confirmations using SMS your purse limit increases to US $600. You can increase your purse limit by raising your verification level to “Instant Passport”. This has a US $12,000 limit. Finally there is the “Personal Passport” level where your WebMoney purse can hold up to US $120,000.
The maximum deposit and withdrawal amounts are likely to be different for each online casino. Some of the casinos may impose additional limits for WebMoney users. You need to do your homework here and check the rules for any casino that you want to join first. A lot of casinos have a withdrawal limit of US $3,000 per day for new accounts for example.
Transfer times and fees
When you make a deposit at an online casino using WebMoney the transaction happens instantly. As long as you have the funds to support your deposit amount in your WebMoney purse there will be no delays.
For withdrawals there will be a delay in receiving your funds in your WebMoney account but this should not be as long as with some other methods. Every online casino will verify withdrawals manually which is the reason for the delay.
WebMoney is going to charge you a fee for your transactions. This will be 0.8% but they do impose upper limits to their fees which is a good thing. Here are some examples of their transaction fee upper limits in different currencies:
- 50 Euros
- 50 US Dollars
- 1,500 Russian Rubles
- 1,000,000 Vietnamese Dong
What this means is that any deposit or withdrawal transaction at an online casino using Euros or US Dollars caps out with a 50 transaction fee. So if your transaction is above 650 then you are going to gain from this.
Bonuses with WebMoney at online casinos
A lot of online casinos offer bonuses to new and existing account holders and most of the time these are worth having. It is not usual for an online casino to limit bonuses based on the payment method that an account holder uses but we recommend that you check the terms and conditions to ensure that there are no bonus limitations related to WebMoney.
There are many different types of bonuses available from online casinos. If you are creating a new account at an online casino look out for a welcome bonus where you will have additional funds added to your balance once you make your first deposit with WebMoney.
Can you use WebMoney with live casinos?
There are several live casinos that accept WebMoney as a payment method these days, so there is no need for you to miss out on the excitement of the live broadcast. Here are some examples of live casinos that accept WebMoney:
- King Billy
- Spin Palace Casino
- NordicBet Casino
Do mobile casinos accept WebMoney?
If you have a iOS or Android mobile device and you want to play the mobile casinos using your WebMoney account to fund your transactions then you will have no problem finding them. Even if you have a Blackberry or Windows Phone you should not experience any problems making deposits and withdrawals using WebMoney.
Virtual reality casinos that accept WebMoney
VR casinos are a fairly new phenomenon and you may find it difficult to find any virtual reality casinos that accept WebMoney at the moment. This may change in the future so you should keep checking if you are interested in playing at VR casinos.
What makes a good WebMoney casino and why play at WebMoney casinos?
A good WebMoney casino will have no or very few restrictions on deposits and withdrawals. Also there should be no restrictions on bonuses if you use WebMoney for your transactions. It would be unusual to find a WebMoney casino that restricted the games that you can play but this is worth checking as online casinos can change their rules at any time.
Why play at WebMoney casinos? The convenience offered by using WebMoney to fund your deposits and receive withdrawals faster is the reason. You shouldn’t experience any other differences with your online casino account.
Are WebMoney casinos legal?
Online casinos that accept WebMoney as a method of payment are certainly legal. In some countries, any form of online gambling is illegal so it is your responsibility to check if this is the case where you live.
Top software providers used by WebMoney casinos
Some of the top software providers of online casino gaming technology are used by casinos that support WebMoney transactions. Some of these companies include:
- Evolution Gaming
Alternatives to WebMoney for online casino funding
WebMoney is essentially an e-wallet payment processor that you can use to fund your account with certain online casinos. There are alternatives to using WebMoney such as Neteller and Skrill. You may also find that you can use a PayPal account where regulations allow this.
Which countries can I use WebMoney for deposits in a casino?
Although WebMoney is a global service, there are some countries where you cannot open an account. Although WebMoney does have the option for US Dollars you cannot actually open an account in the US. The countries where you cannot make a deposit with an online casino using WebMoney include:
- United States
- North Korea
- Democratic Republic of the Congo
We recommend that you check the WebMoney website for country restrictions as these can change at any time.
So if you are looking for the best WebMoney casinos in the US you will not find any because you cannot setup a WebMoney account there. You will certainly be able to find the best WebMoney casinos in the EU as well as the best WebMoney casinos in the UK. Please note that there is no British Pound currency option with WebMoney at the moment.
Online casinos that accept WebMoney for financial transactions are very likely to offer the following:
- WebMoney slots
- WebMoney roulette
- WebMoney blackjack
- WebMoney poker
- WebMoney dice
- WebMoney lottery
If the WebMoney casino offers these games then you should be able to play them without any restrictions. You can double check this by reading the terms and conditions of the online casino before joining.
WebMoney is an established payment processor that launched over two decades ago. It is a fast and secure way to make casino deposits and withdrawals are easy and very likely to be faster than other methods such as bank transfers.
If you live in Russia or the EU and want to play casinos online then you should definitely consider using WebMoney. Transactions are secure and easy and there are a growing number of established casinos that will accept WebMoney as a method of payment.
Frequently asked questions about WebMoney casinos
Yes it is safe. Anyone with a WebMoney account will enjoy cutting edge technology encrypted transactions and anonymity as far as their bank details are concerned. WebMoney security includes SMS confirmations, secret keys and files and more.
No they don’t, but there several reputable online casinos that do accept WebMoney as a payment method.
Yes they do but these fees are very reasonable. They also have caps on fees for larger transactions which you will not find with other payment processors.
Yes you certainly can. If a mobile casino accepts WebMoney you can use the WM wallet on your mobile device for transactions. The WM wallet works with iOS, Android, Blackberry and Windows Phone devices.