Page updated on 04.06.2019

Webmoney Casinos and Guide for Deposits and Withdrawals

Webmoney Webmoney is an payment provider that allows you to make transfers online without having to use a credit card. Webmoney has been available since 1998, making it one of the oldest online payment providers. The company WM Transfer Ltd. is headquartered in Russia and offers their services worldwide. Webmoney is essentially a 'global settlement system', where you can make and receive payments and use other services, such as exchange currencies or raise funds. You can use the Webmoney purse as an e-wallet and make transactions without having to enter credit card details, but you can also get virtual or real Visa Cards

Advantages

  • safe and secure payments without credit cards
  • anonymous payments
  • funds are credited instantly
  • withdrawals are also possible

Disadvantages

  • fees apply
  • wallet needs to be funded first before it can be used

All Webmoney Casinos:

Our overview table shows you the best casinos that accept Webmoney for deposits and withdrawals. All casinos carry a valid license and you can find a detailed review of each casino providing information about the bonuses, terms, payments and games.

Name Highlights Rating Links
Queen Vegas + no-wager free spins
+ mobile casino
+ around 1300 games
Visit
Review
Playmillion + great bonus offers
+ fast payouts
+ around 350 games
Visit
Review
Jetbull + great game selection
+ many bonuses
+ over 3,800 games
Visit
Review
888 + many promotions
+ mobile casino
+ around 170 games
Visit
Review
William Hill + fast payouts
+ Playtech slots
+ over 500 games
Visit
Review
William Hill Casino Club + low wagering
+ 24/7 support
+ over 300 games
Visit
Review
Eurogrand + Playtech games
+ 24/7 support
+ over 350 games
Visit
Review

How does Webmoney work?

You will first have to register an account with the service and choose a purse type. To register you'll need to enter your mobile number and personal details and confirm the code that was sent to your phone. Choose a password and your good to go. Before you can use the service you'll need to fund your Webmoney account. For this you have different options available, such as credit cards, bank transfers or other methods.

Casino deposit with Webmoney

Many online casinos accept Webmoney for payments to and from player accounts. To deposit with Webmoney simply choose the payment method and follow the steps on the screen to login to your Webmoney account and confirm the payment. When paying with Webmoney it is not necessary to enter credit card details, and just like other payments, the payment is carried out through a secure connection, provided you're depositing at a trustworthy casino with a valid license and SSL encryption. Although the casino may or may not charge a fee for the deposit, keep in mind that Webmoney automatically charges a 0.8% fee on every transaction made.

Casino withdrawal with Webmoney

Webmoney can also be used for withdrawals of winnings at online casinos. Simply select the payment method when withdrawing and follow the steps on screen. A casino withdrawal with Webmoney is usually carried out within moments after it was processed by the casino. To avoid waiting, make sure you choose a casino with a fast payout processing time. There can also be fees from the casino and the service charge of the provider.

Fees for using Webmoney

The services from Webmoney aren't free, but the fees are within reason. It depends on the type of wallet that you're using and the funding or withdrawal method. There is a service charge of 0.8% for every transaction. The purse type WME (Euro purse) for example has 2.5% fees for funding through Visa or Mastercard, 1% for a bank transfer or 1% for prepaid cards and vouchers. A withdrawal to a Visa or Mastercard is 2% and a bank transfer 1.5%. (this list is not exhaustive and fees may change). In some cases the casinos also charge a fee for deposits or withdrawals through Webmoney, it's best to check with the provider first before playing there.

Is Webmoney a safe payment method?

Webmoney is a product of WM Transfer Ltd, a company headquartered in Moscow, Russia. Established in 1998, it has proven to all from a reliable payment method through their wallet system. In 2015, WebMoney Europe Ltd, the European subsidiary based in the UK, received a licence from the Financial Conduct Authority (FCA) of the UK for their services within the European Economic Area. Generally, making a payment with Webmoney is safe, provided you keep your login details safe. All payments are also carried out through secure SSL connections, and the provider ensures that the user data is kept as safe as possible.

Conclusion

Webmoney is a convenient e-wallet type service with many different wallet options. It's a good choice for players who wish to make quick and safe payments without using their credit card, but the service comes at a cost. The fees vary and if you're not happy with them we recommend looking into a different e-wallet, such as Neteller or Skrill that have a different fee structure. However, a positive note is that the service is very reliable and payments are processed very quickly.

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