WebMoney is a money transferring system that started its fintech world conquest in 1998 in Moscow, Russia, its headquarters. Since the late ‘90s, WebMoney has spread to over 90 countries worldwide, including the Philippines, and brought fast, secure, and convenient electronic payment opportunities to over 40 million users.

Furthermore, this electronic payment system works with fiat and cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and others. Transactions completed through WebMoney are instant and safe, incur low fees, and are straightforward, making them a perfect choice for casino transactions.

To learn why many Filipino players rely on it daily and what kind of features it brings to the table, stay tuned.

What Is WebMoney?

WebMoney is an electronic money transferring service that allows players to fund their casino accounts in a split second, safely and stress-free. The platform also welcomes Filipino players and their counterparts from 90+ other countries globally to withdraw their winnings to their bank accounts, cards, e-wallets, and cash.

Although WebMoney’s goal was to cater to user needs from Eastern Europe, it has quickly spread to other global markets of the world.

One of the biggest advantages of WebMoney is that players can use various other payment methods to top up their accounts, including e-wallets, bank transfers, credit/debit cards, and even cash through ATMs and retail locations across the globe.

Before using WebMoney, you need to register on the platform. Once you do that, create several “purses” or separate accounts for each of the currencies you wish to use when playing in a Filipino online casino. A special WebMoney exchanger service allows players to exchange the supported fiat currencies (RUB, UAH, BYN, KZT, UZS, MDL, CNY, VND, etc.), cryptos, and funds coming from money transfer systems (Western Union, MoneyGram, Neteller, Payoneer, and others), providing greater flexibility.

WebMoney has also developed proprietary apps for Windows, Android, iOS, and Blackberry operating systems, helping Pinoys manage their casino finances and place bets on their favorite games on the go.

Top WebMoney Online Casinos

Thanks to its many versatile characteristics, WebMoney has proven a perfect option for online casino gambling. You can make deposits and withdrawals in record times, move large funds of money to and from the casino, and rely on state-of-the-art security systems to protect you at all times.

After looking into every nook and cranny of the Filipino iGaming market, we have compiled a detailed list of top WebMoney online casinos that accept Pinoys and have the best choice of games, bonuses, and other vital characteristics.

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How to Make WebMoney Deposits in Online Casinos?

Before registering an account at one of the WebMoney online casinos from our list, you must create your WebMoney account and top it up.

The registration procedure includes entering a mobile phone number and personal data exactly as stated in your passport, plus your email, a control question, and other details. Once you receive the SMS code, you should enter it and set a password to your account. After completing the previous steps, you will receive an email with a confirmation code to enter on the page, becoming part of the WebMoney system.

At this point, you will receive a 12-digit WMID (identification number) and your first Alias passport. WebMoney features four passport types, and each one requires different levels of security and account verification. The higher the passport level, the more money you can deposit and withdraw.

After setting up an account, you can top your balance through bank transfers, credit cards, debit cards, ATMs, internet banking, retail payment terminals, e-wallets, and many others.

With a positive balance on your WebMoney account, you can proceed to the casino deposit process. Here is the entire process, step by step:

  • Click on the Register, Join Now, or Sign Up button on the casino’s homepage.
  • Insert the necessary personal details.
  • Head to the Cashier section of the site.
  • Under the deposit methods, locate WebMoney.
  • Choose the amount you wish to deposit and await redirection to the WebMoney official page.
  • Log in to your account using your WMID and other credentials, and confirm the payment.
  • Your funds should be visible in your casino account in a matter of minutes.

How to Make a Withdrawal Using WebMoney

Using WebMoney to withdraw your winnings is as simple as making a deposit. Here’s what you need to do:

  1. In the Cashier section of your account, click on Withdraw.
  2. From the list of available options, choose WebMoney.
  3. Input the amount you wish to withdraw.
  4. Confirm the transaction, and the money should appear in your WebMoney purse in 24 to 48 hours.

Advantages of Using WebMoney

WebMoney is an e-wallet and money transaction platform that comes with several advantages. Here are some of them:

  • Perfectly safe platform — WebMoney uses the latest encryption and security methods to safeguard all of your information and transactions.
  • Bonus-friendly — Players can use WebMoney to fund their casino account and claim a sign-up deposit bonus.
  • Range of available currencies — WebMoney is available in several currencies, including cryptocurrencies.
  • Range of available payments — You can top up a WebMoney account through several payment methods.
  • App-friendly — There is a WebMoney app for Android, iOS, and Blackberry devices.

Disadvantages of Using WebMoney

Even though WebMoney is extremely convenient and easy to use, it is not without pitfalls that plague most payment methods. A mandatory 0.8% fee applies to all WebMoney transitions. Other than that fee, we don’t see why Filipino players shouldn’t use it to fuel their casino gaming experience.

WebMoney Casino Bonuses

WebMoney casinos are teeming with lucrative welcome bonus deals aimed at new Filipino players. These bonuses usually consist of deposit match bonuses and free spins you receive after making a WebMoney deposit. The premise here is that the more you deposit, the more bonus cash and free spins you get.

Existing users can also claim cashback and reload bonuses in WebMoney casinos regularly and through payments completed through WebMoney.

Available Games in WebMoney Casinos

WebMoney casinos don’t suffer from shortages of gambling options like other casinos. Numerous slots, blackjack, roulette, poker, and other RNG-powered games are available for Filipino players to enjoy. Even specialty games based on game shows and scratchcards grace WebMoney casinos’ portfolios and bring the necessary diversity. Additionally, live dealer games bring forth a unique playing experience similar to that we are accustomed to seeing in land-based casinos.

WebMoney Mobile Casinos

WebMoney is a payment method players can use through their web browsers and native apps for Android, iOS, and Blackberry mobile devices. That said, it is easy to see why so many mobile casinos decided to rely on WebMoney to facilitate players’ transactions on the go.

Final Thoughts

WebMoney is an incredibly reliable and convenient payment method with tons of advantages, starting with fast and secure payments and going all the way to big transaction limits and the ability to process both deposits and withdrawals. On the other hand, users should be aware of the small fee that applies to all payments. Still, the 0.8% fee seems like a pretty good deal considering the many positive aspects of using WebMoney.