Recent User Reviews
The support team of Webmoney is really s***. They never understand and explain client’s queries. I don’t wanna use of their rubbish service.
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WebMoney Transfer Company Overview
WebMoney Transfer is an online payment system developed in Russia that allows users to send and receive money electronically. It operates on a digital wallet model, where users hold funds in different currencies through separate “purses” within their account. Each purse represents a specific currency and is backed by an equivalent asset, such as funds held with a guarantor institution. WebMoney supports payments in U.S. dollars, euros, Russian rubles, and other currencies. It is used for online shopping, freelance payments, and business transactions. The system offers tools for invoicing, dispute resolution, and escrow services. Users can transfer money to other WebMoney users, withdraw funds to bank accounts, or convert between purses. WebMoney has its own internal messaging and verification system, and account setup involves identity confirmation. The service is primarily used in Russia and Eastern Europe, with limited adoption elsewhere due to regulatory and banking restrictions.
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