WebMoney Bingo Sites

WebMoney is a global online payment solution with a series of perks. The payment processing service may be used in the same way as eWallets, to fund your online bingo account and cash out winnings from it. Why choose WebMoney across online bingo sites? Let’s find out!

About WebMoney

As introduced, WebMoney is a global online payment processing service, which has been launched many years ago, way back in 1998. It was launched in Russia and it first started offering its services to Russian users only, but as soon as it proved to be quite convenient and effective, it expanded its reach to other European countries, as well.

It was created with the aim to help users make all kinds of currency exchange, lending, loaning and donating, through one single account. It connected the user, their banking methods and the chosen merchants in the most seamless way, without revealing any banking information during the process.

WM Transfer Ltd, the company behind it, gave its subsidiary the power to operate the solution, but its offices are still in Russia. With time, the solution started introducing new functionalities, services and products, facilitating users’ online transactions even further. To ensure all the money is safe and perfectly protected, WebMoney started using a variety of authentication and identity verification tools, and with that, it managed to get on top of the list of respected methods all throughout the world.

It gained the reputation of a serious and dedicated payment solution and received many praises and industry recognitions for it. That's why today it is used by millions of users and accepted across so many online platforms, online bingo sites included. Online bingo players love using it as it is accepted across most, if not all, top sites, and it is quite easy to get started with. Continue reading to figure out how.

Getting Started with WebMoney

Since it is an online payment processing service that works as an eWallet, you would need to create an account to start using it. Visit the official website and click or tap on the Sign-Up button and enter your phone number.

To complete the registration, after you enter the Confirmation code, provide the following information:

• Full name
• Home address
• Email address
• Password

Now, after you complete the registration, go through the authentication procedure. The thing is, you will be sent a 12-digit WMID code (WebMoney Identification Code), either via your phone or email, which you’ll need to enter in the designated field to confirm your identity.

Then, as a further protection measure, you’ll be asked to create one of the four possible special WM Password options. These are alias, formal, personal or initial Password. Each of them is different and provides you with a different level of service and protection, depending on how much information you’re willing to share. They each come at a different cost, too, but they are extremely useful and necessary to keep your money safe.

Finally, you should know that in addition to the eWallet address, you can apply for a physical WebMoney card, issued in partnership with VISA and MasterCard, the world’s biggest card brands. The card functions like any other VISA and MasterCard card, it is accepted anywhere where the two brands’ logos are displayed, and it comes in several currencies.

How to Deposit with WebMoney At Online Bingo Sites?

Considering you’ve created your WebMoney account, you can start depositing across online bingo sites with it. The first thing to do here is to choose a site to join which accepts the solution. But, as mentioned already, this is a solution available across most, if not all, of the best bingo sites, so you won’t experience any problems finding a suitable one fast. After you register your account with the online bingo site, you can make your first deposit.

Just do the following:

1. Visit the bingo site’s Banking/Cashier page. 
2. From the list of accepted methods, find WebMoney’s logo and click or tap on it.
3. You’ll be redirected to a different page where you’ll need to log into your eWallet account
4. Enter the appropriate credentials and specify how much you wish to deposit.
5. Enter the 12-digit WMID code and the WM Password, if you created one.
6. Confirm the transaction and you’ll be redirected again to your online bingo site.
7. As you arrive there, you’ll see that the deposit has arrived as well!

You can start playing your favourite 90-ball, 75-ball or 30-ball bingo games right away!

How to Make a Withdrawal with WebMoney?

When it comes to the perks you’re getting with WebMoney, withdrawals are the biggest one. Seriously, not all payment methods offer both deposits and withdrawals, but this eWallet most certainly does.

After you choose it from the list of accepted Withdrawal options and go through the same procedure as the one described above for deposits, you would need to specify how much you wish to cash out.

As soon as the bingo site confirms that you have enough to withdraw, it will approve the request. However, the withdrawal will not arrive instantly on your eWallet account, so be prepared to wait a few hours and up to several days.

Applicable Fees

Just like most eWallets and online payment processing services in general, WebMoney arrives with fees. However, the solution is completely transparent about the fees involved, and they are all listed on the separate System Fees page on its official website.

You should know that a standard 0.8% fee would apply for each transaction. Depending on the services you’ll be using, other fees will apply. For instance, funding your eWallet account with a bank card will come with a 2.5% fee, using bank wiring 1.5%, cash terminals 2-10% and exchange services 0-4%. The fees will vary depending on the currencies and methods you’re using for funding and cashing out money from the eWallet, therefore, before you use any of its services, make sure you fully understand all fees involved.

Currencies

Even though a solution originating from Russia, WebMoney processes transactions in several currencies. In addition to the Russian ruble, you can use Belarusian ruble, Ukrainian hryvnia, US dollar and the euro.

Other currencies are not accepted, so if playing at an online bingo site with a different default currency from these, you should be prepared to pay a currency conversion fee.

Restricted Countries

WebMoney is basically available all across the globe, the most recent being the launch in Uzbekistan.  However, even though accepted in most countries, there’s a list of restricted countries, whose residents cannot use the solution.

Among these, we must mention the US https://latestbingobonuses.com/reviews/country/united-states, North Korea, Afghanistan, Canada, Yemen, Sudan and the Republic of Seychelles, among seven others. Players from these countries cannot use WebMoney’s excellent services.

Helpful Links

• Webmoney official website