WebMoney

Overview

Webmoney is an online payment system. WM-Transfer Ltd, the parent company and administrator of Webmoney was established in 1998 and has its legal headquarters in Belize. Webmoney started with a strong focus on the Russian market but has expanded its areas of operation globally. Nowadays they are more than 4.5 million active users. Webmoney has attained recognition especially due to its operations in the online gaming business.
Customers can access the Webmoney system via a downloadable software called "WM Keeper" or via the web client "WM Keeper Licht".

Payments

Webmoney offers an instant messaging system as well as the option to receive bills via snail-mail. You can process and extend a loan credit, and also have the option to protect an online payment with a password, so that transfers are only completed if the recipient opens an account, and utilizes the proper password to accept the payment.
Some operations my require higher authentication also known as "WM-Pass". You can also pick among multiple currencies in which to display your funds ($/RUB/€/ ₴).
The registration of a Webmoney account is free, and so are deposits. For every transfer of funds from a Webmoney account a fee of 0.8% is charged.

Legal Domicile

For technical support the main office is located in Moscow, while any legal issues should be Die wichtigste Adresse für technische Unterstützung ist in Moskau oder beim größten Eigentümer und Verwalter in Belize.
branch offices have been established all over the world; eastern Europe, Germany, Netherlands, Spain, Japan, Greece, Israel, eastern Europe, France, UAE, etc.

Security

Webmoney transactions are fast and secure, as you do not need to disclose any personal data, such as with a bank account or credit card.
You may purchase funds “WM units” via credit card or pay pal.