WebMoney is an all-in-one online payment solution that is not only useful for sending and receiving money. In addition to creating an environment where clients can link and manage their finances, this banking service also facilitates casino banking for gamblers in Canada. Read my review to find the best WebMoney casino sites in 2024.
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🏆 The Best Webmoney Casinos for Canadian Players
WebMoney is an excellent online casino banking method. However, I have yet to find WebMoney casino sites online that I can vouch for. The banking method is yet to pick up speed amongst online casinos in Canada like other banking methods such as PayPal and Apple Pay. Regardless, WebMoney casino gambling sites are a good option for players who want to benefit from:
- ✅ Mobile compatibility
- ✅ Safety and security
- ✅ Fast transactions
❔What Is WebMoney?
WebMoney is a global online payment settlement platform. It originated in Russia but has since spread throughout the world. As of early 2020, the firm reported that 45 million accounts were registered, 300,000 users were active each week, and 100,000 stores were accepting payments through the payment service, making it one of the top electronic payment processors in Russia by volume of users. Currently, the system provides numerous options to its clients, functioning as a payment method with pay-in and pay-out options.
📑 How to Open an Account at WebMoney?
Setting up my WebMoney account was simple. I've put together a guide to help you get started.
- Visit your chosen casino and sign up.
- Enter your details, such as your phone number.
- Confirm your phone number via SMS.
- Enter the confirmation code and click 'Continue'.
- Create a wallet password using upper and lower-case letters and special characters.
💳 How to Deposit to Online Casinos Using WebMoney
WebMoney's deposit solutions are easy to use, allowing users to fund their casino accounts in just a few minutes. Follow these steps to deposit:
- Log into the WebMoney casino site of your choice.
- Click on the cashier or deposit button.
- Select Deposit and choose WebMoney.
- Enter the deposit amount.
- Confirm payment by entering the keeper's PIN.
💵 How to Withdraw from Online Casinos Using WebMoney
WebMoney allows quick and easy withdrawals from casino accounts, completing the process in just a few minutes. Follow these steps to withdraw from your casino account using WebMoney:
- Go to your WebMoney casino site's login page and sign in.
- Click on the cashier page.
- Select Withdrawal, and WebMoney should be the default setting.
- Enter the withdrawal amount.
- Confirm payment by entering the account password.
👍👎 Advantages and Disadvantages of WebMoney Casino payment method
Before you gamble at WebMoney casino sites for real money, it is important to consider these pros and cons:
| Advantages of WebMoney | Disadvantages of WebMoney |
|---|---|
| ✅ Safe and secure | ❌ Levies transaction charges |
| ✅ Transactions are quick | |
| ✅ Accepts Canadian dollars | |
| ✅ Supports deposits and withdrawals | |
| ✅ Mobile app available |
🏦 How we Rank WebMoney Casinos
To find the best online casinos that accept WebMoney, I’ve set criteria for analyzing the critical components of each site. This also applies to casinos that accept these banking methods. Here are the top three characteristics that I consider:
- Safety & Security
- Speed of Payment
- Casino Games
I evaluate the safety and security measures of a WebMoney casino before making a recommendation. I check how the site protects players' personal and financial information, as well as their funds. I look for casinos that use encryption, firewalls, and anti-fraud strategies to ensure compliance with relevant regulations. It's also important that the banking services offered are regulated to guarantee high security.
Next, I assess how each platform handles WebMoney payments, including deposits and withdrawals. I want to ensure that I can make instant deposits and withdraw my winnings easily. While withdrawals may not always be immediate, I prefer them to be completed within 1-3 days, which is common for many payment methods. I also believe that new players should be able to claim a sign-up bonus when making their first deposit at a WebMoney casino.
Finally, I explore the variety of games available on WebMoney casino sites. I prioritize casinos that offer a diverse selection of games for entertainment, including slots, table games, and live dealer options. I am especially drawn to popular titles like Big Bonanza, Book of the Dead, and Gates of Olympus. These games are from reputable software providers such as Pragmatic Play, Play'n Go, and Playtech, ensuring a thrilling gaming experience.
🆓 Is WebMoney Free to Use?
Unless otherwise specified, WebMoney automatically charges a fee for each transaction that is equal to 0.8% of the volume of title units, but not less than 0.01 WM. However, transactions between purses of the same kind and belonging to the same WMID are fee-free with WebMoney Transfer. For the client's software to use WebMoney Keeper, there is no fee.
🔐 Is WebMoney Safe and Secure?
Given that WebMoney has been operating for more than 20 years, the financial service is dependable and secure. The secure use of WebMoney Transfer is the focus of the WebMoney Security service. By adhering to the advice and services provided on the website, I was able to protect my electronic purses from various types of unapproved, malicious, and other intrusions.
📲 WebMoney Casino Mobile App
There are mobile apps available on the Apple App Store and Google Play Stores for WebMoney. Alternatively, you can download the files from the same page and install the software on Windows or OS X machines. Although I found using WebMoney casino sites ' apps to deposit and withdraw money to be rather simple, there are additional advantages and disadvantages to consider.
| Advantages of WebMoney | Disadvantages of WebMoney |
|---|---|
| ✅ Convenient and easily accessible | ❌ The app may lag |
| ✅ Fast transactions | |
| ✅ Includes customer support |
🏦 Alternative Payment Providers
One of the major disadvantages of using WebMoney is that they charge up to a 0.8% withdrawal fee. While the service provider made this an open expense rather than a hidden cost, which is commendable, I believe you would prefer a free service. In that case, below are some alternative casino payment options to WebMoney.
| Alternative Banking Method | Features |
|---|---|
| PayPal |
|
| Skrill |
|
| Interac |
|
⚖️️ Our verdict on WebMoney Casino payment method
WebMoney is a reliable and secure payment method for Canadians, offering quick and easy currency transfers from wallet to casino. However, there are some drawbacks. There are no WebMoney casinos in Canada that I can vouch for. This may make it more advantageous for some players to use a different banking method.
❓ Frequently Asked Questions about WebMoney Casinos
What is WebMoney?
WebMoney is an online payment system that allows players to make deposits and withdrawals at online casinos. The payment service is safe, secure, and faster.
Can I use WebMoney at online casinos?
Yes, you can use WebMoney at online casinos that process transactions using the service. Ensure that you can use this banking option before you sign up at the casino.
How long do casino transactions take when using WebMoney?
Deposits via WebMoney are instant, but it may take up to 3 working days for you to receive your payouts.
Is WebMoney secure to use when gambling online?
Yes, it is secure to use WebMoney when gambling.
Are there any fees for using WebMoney at online casinos?
Unless otherwise specified, WebMoney automatically charges a fee for each transaction that is equal to 0.8% of the volume of title units, but not less than 0.01 WM.
Kayleigh reviews online casinos and sportsbooks while coordinating training initiatives for new recruits at Casimoose.ca. She excels at sharing her love for the iGaming industry and puts her past experience to good use. With a background working for the biggest gambling brands online and a strong analytical ability, Kayleigh developed a natural gift in breaking down each component of online casinos, betting sites as well as their offerings and hasn't looked back. Outside of Casimoose, she's a proud Ontarian with a love of sports and entertainment.