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Legit Casino » Payments » WebMoney casinos
Just after the financial crisis in Russia in 1998, a company called WM Transfer Ltd created the WebMoney payment system. This would be of assistance after the financial crisis as there was a significant increase in the use of US Dollars in Russia, and the WebMoney system was able to handle this.
WebMoney is an e-wallet system that holds the funds of the user. Users are protected by a network of companies that act as guarantors for the money they have in their account. The company expanded into Europe in 2015 and now many online casinos accept WebMoney for transactions.
Players like to use WebMoney as it is very secure. The company has a license from the FCA in the UK which helps to boost its credibility. It is easy for a player to create a WebMoney account using their mobile phone. There is a 0.8% fee for each transaction.
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