Top WebMoney Alternatives

WebMoney is an online transaction service that offers its services via money settlements. It is a global settlement provider for most online businesses. Founded in 1998, WebMoney has offered its tools to more than 40 million customers worldwide. This Russian money settlement company has advanced features to track funds, disputes, and secure every transaction.

WebMoney Online Payment Transfer

WebMoney has two main types of services, viz., Personal, and Business. The basic operation feature of WebMoney is via Purse. The money is this Purse is secured by Guarantors. Once the registration is done, users can assign any number of purses with each of these tools. All the items in the system are measured via an internal currency named WebMoney Units. These Guarantors will take the money under the transaction and then convert it into this WM units.

It offers transfer of money in multiple forms like p2ps, charging up to 0.8% for each transaction. Under the Personal Use, WebMoney has offered tons of services. This includes top-up, fundraising, withdrawal, payments, arbitrage, and bank cards. Users can also engage in other internal operations like purse management, verification, using bank cards, and security features.

In the withdrawal section, we can use direct cash, bank cards, accounts, and e-money transfers. There are certain security measures taken by the company to ensure safe transactions like Escrow, E-Num, and operation notifications. There are limits set on the Purse spending and expenses.

Under the Business section, we get access to merchant/retailer transactions, website transactions, exchange offices, general payments, bank & capital management, and advanced API/coding features for the developers. Settlements and payments can be made via bank accounts here using a dedicated Web Merchant interface. For websites, they offer fundraising, ads, Cashbox, Digiseller, and WMID authorizations.

Businesses can engage in capital management features like shares, investments, stock exchange, debt markets, and fund management. Advanced features like Mentor, secure mail, storage space, and other developer tools are also included in the Business plan. All the features in both Personal and Business plans have a different share of charges. It also offers advanced login and SSO features to safeguard your account. Overall, WebMoney is a trustworthy online payment and settlement provider.