Webmoney - a versatile payment method
Webmoney is a payment method used in several online casinos to gamble with money on various slots and table games, such as roulette.
The best online casinos Netherlands
Paying with Webmoney is proving increasingly popular these days. The payment method, which is particularly popular in Eastern Bloc countries, has also found its way into the Netherlands. There are already almost 45 million registered users who reliably make transfers to each other or gamble online via this method. With this informative article, we will give you an insight into Webmoney and other alternative secure payment methods.
How does Webmoney work?
Many online casinos use the Webmoney payment method to allow online casino players to deposit. You can then take part in sports betting or visit the live casino, provided the gambling games are for real money. Before you get to that point, though, you will need to create an account with Webmoney. The simple steps to accomplish this are as follows.
- Click ‘sign up’ and enter your phone number.
- Enter your personal details such as name, address and email.
- Receive an SMS code and scan the QR code given.
- Create a password.
- Enter the email verification code to use your Webmoney account.
Online gambling with Webmoney is not just part of this company’s capabilities. In fact, the company also focuses on other branches to offer a broader portfolio. For example, online gamblers can also invest in gold, create multiple E-wallets in various currencies and make so-called purchases at online shops.
The process of depositing and cashing out at the best Webmoney casino
Since the new introduction of the gambling law in the Netherlands, the deposit options are not very wide. We often see iDeal or Paysafecard listed alongside the usual credit cards, but then it soon ends. The so-called Webmoney online casino Netherlands, then, is still some time away. Nevertheless, here we still outline the usual deposit method for casinos that accept Webmoney.
New online Webmoney casinos will have a separate cashier page to make online payments. It is therefore crucial that you navigate to this page of the best online casino Webmoney, to apply this alternative method of depositing. Then, at the Webmoney online casino, click on the vignette and enter your desired amount. You will then have to enter your own WMID personal code/password at the Webmoney online casino to complete the payment method.
Also be aware that per transaction, there is a 0.8% transaction fee. In addition, it goes without saying that you should first top up your own E-wallet before applying this direct bank transfer.
The online casino Webmoney payout
The best Webmoney casinos will also have the opportunity to realise instant payouts. It is advisable to check with the relevant Webmoney casino Netherlands in the future to see if the withdrawal method is available. Should this not be the case, you can always consult the customer service of the Webmoney casino Netherlands to apply for an alternative payout. Furthermore, regular payouts will also take up to 10 working days.
Which online casinos accept Webmoney?
Pay with Webmoney play online casinos. Could be a good marketing slogan for a Webmoney casino 5 euros. Yet there’s a bit more to it, when casinos are declared safe, for example. First of all, security will have to be in good order. In addition, you can also ask yourself if a casino Webmoney deposit is possible? Furthermore, the process of opening your casino account at Webmoney will have to be simple. Moreover, the gambling licence must be in order in order to offer games with Webmoney. Besides Webmoney casino 1 euro, you will see the following attractive casinos.
- Vulkan Vegas Casino
- FastPay Casino
- Casino gambling
Pros and cons of online casino Webmoney
Is Webmoney reliable? This question is actually not surprising, as casinos do not yet accept this payment method in the Netherlands. Also, there are quite few casino bonuses present related to this payment option. Nevertheless, we can conclude that this payment provider operates legally and is present at the fastest-paying casinos internationally, just not yet in the Netherlands.
Pros
- Pay online for services
- Legal online gambling, provided the casino meets all requirements
- Applicable internationally
- Multiple E-wallets possible with different currencies
- Your casino account at Webmoney is free of charge
- Deposit money directly into your casino account
Cons
- Dutch online casinos do not accept this payment option
- Webmoney is not only available at the fairest online casinos
- Few directly Webmoney-related free spins or casino welcome bonus present
- Only suitable for online casino players playing at online casinos abroad.
- Your bank account will be debited by 0.8% per transaction
The history of Webmoney
Transferring money online is unthinkable in our society these days. Yet it used to be a little different and especially in Russia where the economic crisis pushed the Rouble down. The U.S. dollar, on the other hand, still had a decent value and Webmoney began its rise with that idea in mind. Indeed, in 1998, Webmoney saw a gap in the market to transfer money online to other parties. This allowed companies to bypass the Rouble and trade through Webmoney.
The company began heading to Europe and it was in 2015 that Webmoney was able to operate through the U.K. in Europe. They came into possession of the F.C.A. licence, making them a legal European economic player. Today, the company focuses mainly on online purchases from online shops, which are QR code-enabled.
Webmoney Netherlands: alternative payment methods
The most obvious payment option used by online casino Netherlands is iDeal. Play casino with free money this way or ask for a roulette payout. It’s all possible. Furthermore, we also see Paysafecard being eagerly used at several Dutch online casinos. By the way, the anonymous card with a certain monetary value can be bought online or at many petrol stations. Both these payment options are not only applicable in the online casino, but can also be used to pay restaurants, shops or theatres.
Conclusion
Webmoney is a payment provider that is slowly trotting into the Dutch market. Meanwhile, millions of transactions are made through it every day and, incidentally, the company also offers other services. In short, a legally operating company.
Read briefly about Klarna Casino, Mastercard Casino.
Frequently asked questions
- Is using Webmoney safe with online gambling provider?
Webmoney is a legal company that conducts numerous transactions. The online casino, on the other hand, will have to hold a legal licence to operate. It is important to take certain tests before enabling a deposit for gambling.
- What are the administration fees?
There are no administration fees charged by Webmoney, but transaction fees. Per transaction, you will pay 0.8% fees.
- What is the minimum and maximum amount I can deposit with Webmoney?
Should you be able to deposit from the Netherlands with Webmoney, you will have to enter a minimum and maximum amount when registering. This amount is determined by yourself, but generally starts with 10 euros.
- Is Webmoney safe?
Webmoney is a legal company operating in Europe with an F.C.A. licence. This licence allows the company's customers to send and invest money safely and securely.
- Can I expect a bonus with Webmoney?
Webmoney does not yet offer many instant bonuses. Still, you can take advantage of all the other bonuses when you deposit with Webmoney.
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