Business

What is Web money


Web money is an international online payment platform that was established in Russia but now its network is widespread around the whole world. This payment system was started back in 1998. The main reason to start this money exchange platform was the financial crisis in the ’90s which enabled people to transfer the dollar money.

After years, this platform has risen again and offered its customers a wide range of services. Basically, it works like an e-wallet, which allows the transaction of the money, deposition, and withdrawal in different country currencies. You can also use it for storing your money and paying for the things which you buy online. For the people who are holding businesses, Web Money offers them their special services, which they only set up for different businesses.

In this present time, WebMoney is owning more than 40 million accounts and on top of it, most Russian people are using WebMoney accounts for online shopping and online transactions. It is one of the trusted and secure money transferring networks used by millions of people across the world.

Benefits of using WebMoney
Over the passing years, WebMoney has won over the trust of millions of people by setting up a wide range of services for their clients, whether they are corporate clients or individual ones. You can take the example that the clients can deposit the money in the wallets through cash, any terminal, or bank or you can also use it for online payments if the website you choose is supported by WebMoney. The e-wallet is the same as the online banking we normally use, there is no such difference and complication between them. A person can easily have the access to manage all of his funds without having any trouble. They can easily set up their money transferring currencies options and can have a record of every transaction and the received money available easily on the official site.

People having business accounts here can also enjoy specialized services for them. The companies can easily control their accounts and can plan secure transactions, and manage their workflow. People who are Merchants can also style down their payments in their bank accounts. But there is a probability for a benefit that the merchant has the chargeback absence.

How can we use Webmoney
If you want to use Webmoney you have to get registered on a WebMoney account and have to follow up the link to sign up for your new e-wallet. You also can customize your account according to your native language. For the confirmation of your account, you have to confirm your phone number and can create a password for your e-wallet. Once you're done you can easily access your e-wallet and can begin further adjusting the settings for your account.

You can also set multiple currencies, which you want to transfer or deposit or withdraw. If you are sending money USD to someone in Pakistan and they want it to withdraw in PKR it is possible that without having trouble you can easily set the transfer money currency into PKR.

The best part about having an e-wallet on WebMoney is that there are no such extra charges on sending and receiving the money but they do charge some commission. You can easily find about all the commissions they charge and can track down all of your transactions and withdrawals on the WebMoney site.

Buying WebMoney in Pakistan
The process is simple. If you want to buy Webmoney in Pakistan you have to order by sending an email to the WebMoney site that you want the Webmoney dollars. After a while, you will get the response in the same email with the $ rate and the payment details. Once you get the details in the same email you have to choose the medium for your payment in which you have to choose the bank details. Now you have to deposit the transferring cash in the mentioned bank. Once you are done with the deposit you have to send the Webmoney wallet in the email and then you can easily get your dollars in your WebMoney e-wallet.


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