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WebMoney is the most popular and widely used online payment system in Russia for today. However, there are some other payment systems that are used for online monetary transactions and payments.
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WebMoney is like a Russian PayPal. It has become an integral part of Russian online business within the last decade, mainly because WebMoney is one of the few payment systems that survived in the rough Russian market and is still well-protected from multiple attacks of online hackers. Another reason of WebMoney’s success in Russia is relative inaccessibility of other world-wide payment systems.
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WebMoney is a Russian system for e-payments that makes it possible to transfer electronic money online. It also allows you to exchange WebMoney e-currencies and do business with most Russian companies that accept online payments as a payment option.
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Being a Russian e-payment system, in most cases WebMoney plays hard-to-get-to for users from many countries other than Russia. Of course, there are several ways to fund your WebMoney account. However, you can see for yourself that most of these ways are quite expensive or even undoable, except for the exchange service that we mention in this article.
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