Webmoney is an online payment solution which brings a little bit of innovation to the table. Webmoney works like many other e-wallets do: players open an account which they fund using one of the methods accepted by the operator. They are then able to purchase casino/online poker credits and make deposits at various sites, without allowing anyone to gain an insight into their sensitive personal/financial information.
The Webmoney platform offers two ways for players to manage their account. The first one is a downloadable standalone client, which can be fetched off their site and installed on the user’s computer. Players can then simply start up the software – much like they start up their online poker clients – and use the account management options made available there. The other account management option is basically a browser app which is called WM Keeper Light. This is certainly the handier of the two options as it requires no download or installation on the part of the user.
One of the cons of the payment method is the relatively intricate sign-up process. Considering the quality of services players get in return though and the multitude of account management options, it’s well worth going the extra mile upon registration. Another drawback is the fact that US residents cannot currently use their Webmoney accounts for gambling-related transactions as it would violate the 2006 UIGEA.
Using Webmoney for online poker/casino deposits is as easy as 1-2-3. All players need to do is to access the cashier section of the site where they intend to play and select Webmoney as their method of deposit. They can then follow the instructions, filling out the necessary information in order to complete the transaction. The transfers are instant, so the deposited funds will show up in the player’s account straight away. There is a 0.8% commission taken for each Webmoney transaction. Transferring money to an online poker room incurs no fees.
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