Casino Webmoney

Webmoney

About "Webmoney"

Webmoney is a company that provides users with an e-wallet from which they can send and recieve funds.  A unique feature of webmoney is that you can choose from among several different currencies including gold. Webmoney is transfered in WM-Units which are then converted into the currency of your choice after they are depositied with an online casino.

Being able to have an e-wallet that is backed by gold is a huge advantage.  When the price of gold goes up, so does the value of the money in your account.  During these uncertain economic times, it is nice to know that there are payment methods that take advantage of the ability to hold real gold in reserve.  Holding a gold backed account acts as a hedge and a form of insurance against fluctuations in the currency markets.  When you use Webmoney, you can double your chances to win both at the gaming tables and in the gold market.

How it works

The only way to deposit money into a Webmoney account is by wire transfer.  Their charge is modest at 0.8%, which is charged to the sender.  You are charged the same transaction fee when you wire the money out of the account.  Of course you can use other withdrawl methods from the online casino itself that may be less expensive.  That way you only have to pay the transaction fee one way when you are wiring funds into the Webmoney account.

The Webmoney platform is highly secure.  The funds being transferred are electronic only, and all transactions are encrypted to prevent unauthorized access to your e-wallet. 

How to use "Webmoney"

Online casino’s that accept Webmoney as a payment option also must hold their own Webmoney account.  You can deposit WM-Units from your Webmoney account to the casino’s Webmoney account usually though an interface on the casino’s website or though their software.
In addition to being secure Webmoney is also fast. WM-Units can only exist in the sender’s e-wallet or the recipients.  Thus there is no intermediate state where the funds can get lost or stolen.