Make webmoney account start within five minutes with this step-by-step guide. Learn how to create webmoney account from scratch and start enjoying all its benefits.
What is WebMoney
WebMoney is a digital payment system and an online wallet that allows users to securely and easily send and receive payments over the internet. It was created by WM Transfer Ltd, a company based in Moscow, Russia, and has been in operation since 1998.
With a WebMoney , users can make online payments, transfer funds, pay bills, purchase goods and services, and manage their finances in a secure and convenient manner. WebMoney supports a variety of payment options, including bank transfers, credit/debit cards, and electronic money.
WebMoney also offers a range of additional services, such as the ability to create and manage virtual prepaid cards, and to exchange currencies at competitive rates. The service is available in many countries around the world, and is particularly popular in Russia, Ukraine, and other parts of Eastern Europe.
How to make webmoney account?
To create a WebMoney account, follow these steps:
- Go to the WebMoney website at https://www.wmtransfer.com/ and click on “Registration” in the top right corner.
- Choose your country, enter your mobile phone number, and click on “Get code”. You will receive a verification code via SMS.
- Enter the verification code you received in the designated field and click on “Check code”.
- Enter your personal information, including your name, email address, date of birth, and passport or ID number.
- Choose a login and password for your account, and select a security question and answer.
- Review the terms and conditions of the service and click on “Register“.
- Once you have completed the registration process, you will receive an email with further instructions on how to activate your account.
- To activate your account, log in to your email and click on the link provided in the email.
- Once your account is activated, you can start using WebMoney to make payments, transfer funds, and manage your finances online.
Please note that the registration process may vary depending on your country of residence and the type of WebMoney you are creating.
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Pros and Cons of WebMoney
Pros of Webmoney
There are several advantages to using WebMoney as a payment system and online wallet:
- Security:
WebMoney offers users a secure and encrypted platform to protect their financial transactions and personal information from unauthorized access or theft.
- Convenience:
With WebMoney, users can conveniently make online payments and transfer funds from anywhere in the world, without the need for a physical wallet or bank account.
- Wide acceptance:
It is widely accepted by online merchants and service providers, making it a convenient payment option for a variety of goods and services.
- Multiple currency support:
WebMoney supports multiple currencies, making it a great option for international transactions and currency exchanges.
- Additional services:
WebMoney offers additional services, such as virtual prepaid cards, which can be used to make online purchases or withdraw cash from ATMs.
Cons of Wemoney
- High fees:
However, using WebMoney may come with high transaction fees, which could add up and increase the overall cost of using the service.
- Limited acceptance:
While WebMoney is widely accepted by many online merchants and service providers, some may not accept it, which could limit users’ options for making online purchases.
- Security risks:
Although WebMoney has implemented advanced security measures, users still face the risk of fraud or hacking attacks, which could compromise their financial and personal information.
- Complex platform:
Another potential downside of using WebMoney is that it may not be as user-friendly as some other online payment platforms, and could require some time to learn and navigate.
- Association with Russia:
Additionally, some users may be concerned about the association of WebMoney with Russia and the potential for political or regulatory risks.
Documents To Open and Verify an Webmoney Account
To open and verify a WebMoney account, you will typically need to provide the following documents:
- Proof of address: You will need to provide a recent utility bill or bank statement that shows your name and current address.
- Personal identification:You will need to provide a valid government-issued ID, such as a passport or driver’s license.
- Phone number: You will need to provide a valid cellphone number.
- Email address: You will need to provide a valid email address, which will be used to send you account information.
- Business information (if applicable): If you are opening a business account, you will need to provide additional documentation, such as a business registration document, tax identification number, and financial statement. .

(FAQs) about creating a WebMoney account:
To create a WebMoney account, you will need to visit the WebMoney website and complete the registration process. This typically involves providing personal identification and address verification documents, as well as creating a username and password.
No, there is no fee to create a WebMoney account. However, you may be charged transaction fees for using the service.
Yes, you can create multiple WebMoney accounts, but each account must have a unique email address and phone number.
The time it takes to create and verify a WebMoney account can vary depending on the verification process and the documents required. Typically, it takes a few business days to complete the verification process.
To verify your WebMoney account, you will typically need to provide personal identification and address verification documents, such as a government-issued ID and a recent utility bill or bank statement.
WebMoney is available in many countries around the world, including Russia, Ukraine, Kazakhstan, Turkey, India, Indonesia, Brazil, Mexico, and many others. The specific list of countries may vary depending on the service provider or the type of WebMoney account.
Yes, WebMoney generally requires users to provide personal identification documents as part of the account verification process.
Yes, you can transfer funds from your WebMoney account to your bank account, but the specific process, fees, and processing times may vary depending on the country and bank involved.
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