The company was created way back in 1998, following a huge financial crisis in Russia and the need for currency exchanges between RUB and USD. WebMoney was formed and allowed them to do this effortlessly. Since then, the firm has evolved into a general-purpose e-wallet that is popular amongst gamblers, given its similarity to that of PayPal casinos. The transactions are known to be secure and their service also allows swift currency exchanges at favourable rates if this is needed.
WebMoney is the preferred payment option for a massive two-thirds of Runet users, according to the e-Finance User Index. WebMoney is FCA licensed (Financial Conduct Authority), which is all-important for security and peace of mind for players in Europe. This puts the company on a level playing field with other FCA licensed E-wallets, by allowing casino players to use their service in certain highly-regulated countries
Using Webmoney at Online Casino in NZ
Although technically speaking, NZ casinos online can accept Webmoney, very few do. For a gambling site to accept a certain payment method, they have to reach a commercial agreement and integrate with that provider. There is a lack of appetite from many casino sites here to do this, given that Webmoney has no local presence and that there are much better options available to players. Other lesser-known banking methods like Poli casino payments carry lower fees and are easier to transact in NZD.
Webmoney Casino FAQs
Can I use WebMoney at an online casino?
Yes, you can use Webmoney to deposit and withdraw winnings at online casinos but it isn't popular amongst players in NZ, given that there are better options available.
What online casinos accept WebMoney?
There are a few online casinos in NZ that accept Webmoney. This method is more commonly used by casino players in Europe.