How to Send and Receive Money Anywhere With WebMoney Universal Payment System in Nigeria

WebMoney is an online payment platform use in sending and receiving money anywhere in the world, it is one of the electronics means for making payment.

The WebMoney Universal Payment System platform was registered in Russia in the year 1998. Over the years, a lot of people make use this platform as a means for making online payment. This WebMoney ranks among the largest and trustworthy company in Russia.

However, according to Wikipedia research, the company have over 41 million registered accounts and roughly 300,000 active people in use of it weekly and about 100,000 stores making use of it for their business transaction.

What You Should Know About WebMoney

WebMoney is an online payment platform that makes the process of sending and receiving money worldwide easy and safe.

This platform provides simple tools that takes care of your transaction in different ways, offering flexible payment choices like peer-to-peer transfers and an integrated escrow system.

Furthermore, the platform have a Setup Wizard that makes it simple to combine your payments on the websites, enabling the use of payment buttons and background widgets.

Security is a top priority, with advanced encryption and authentication safeguarding funds stored in “Purses.”

The fees for these transactions amount to 0.8% of the transacted sum, with a maximum fee of €50.

Features of WebMoney

WebMoney is a platform that comes with many unique and excellent features. below are the list of some features:

  • It is a powerful tool that promotes and supports business activities
  • There is always constant and daily registration of about 10000.
  • It is accepted by 1,0000 people.
  • There are over 68 million people using it worldwide
  • The system can be used to Top-up, Make payments, withdrawal, get a loan, and raise funds for personal use
  • Businesses also make use of it, you can as well use it for the followings: accept payments, make payments, budget management, work management, secure transaction, and more.

The list above are features of the WebMoney platform, this is for you know how to make money transactions using this platform.

How to Make Withdrawal With WebMoney

To withdraw money using the WebMoney is not difficult. It is a simple and easy process. However, I will be guiding you on the right steps to follow.

Below is the step by step guide for webmoney withdrawal:

  • Log In your Account: You will start by logging into your WebMoney account using your credentials.
  • Choose a Purse: After your log in, select the specific purse from which you wish to withdraw money.
  • Initiate Withdrawal: Click on the “Withdraw” or “Cash Out” option within your account. tap on it to begin the withdrawal process.
  • Choose Withdrawal Method: Here you select your preferred withdrawal method. WebMoney offers various options, such as bank transfers, prepaid cards, or other electronic payment systems.
  • Enter Your Details: This depends on the method you choose, provide the necessary details such as your bank account information or card details.
  • Confirm Withdrawal: Make sure to check your withdrawal details and confirm the transaction.
  • Verification: For security reasons, you might need to go through extra verification steps in case of any, simply follow the steps again.
  • Transaction Completion: Lastly, you will receive a notification once you are through with your withdrawal.

Furthermore, do not forget to think about any fees or time it takes to process, as these can change based on the withdrawal method you choose.

How to Sign up for WebMoney Registration

Signing up to access or register for your WebMoney is easy and simple.

  • On the website of WebMoney home page
  • Navigate and click on the “Sign up” Widget
  • From the drop-down menu, enter your country dialing code and phone number
  • Use the international format: the number may not start with 0
  • Key in the confirmation code displayed on the page
  • Then, click on the “Continue” button

When you follow these steps you will successfully sign in to the website.

How to Log in into WebMoney Account in Nigeria

If you want to log in to your WebMoney account simply use the steps below.

  • On the WebMoney Web page
  • Navigate to the right side of the page
  • Click on the “login” widget
  • Next, Key in your email address, WMID, or phone number
  • Password
  • Key on the number code shown on the page
  • Then, click on the “ Enter” button.

With these steps, you can log in or sign in to your account.

Methods of Payments Using WebMoney Universal Payment System in Nigeria

There is some mode of payment using WebMoney and there are as follows :

  • Mobile communication
  • Internet Access
  • Commercial TV
  • Utilities
  • Public service, fines, taxes
  • Bank account payments
  • Mega stock: Merchant directory
  • Digital seller: catalogue of digital goods
  • Antivirus: software subscription
  • Rebills and recurring payments

The list above are the method of payment using the WebMoney payment system.

Different Methods of Receiving Payment on WebMoney

This platform also provides you with various options for receiving payments. You can select a convenient method to receive payments.

Furthermore, when making use of this platform, you are not to pay for charges for utilizing any of the provided features. Here are the various means of accepting payment for your services;

1. Automatic Receipt of Payments

For you to receive payments using this method on the website, simply click on the payment processor and utilize the setup wizard.

Making use of the wizard helps you to create required button and its code with just a few clicks. Using this interface shifts the entire payment process to our system.

To make a payment, you will be redirected to webpage for verification and payment confirmation. Once you are through with the payment process, the interface will bring you back to your website and inform you about the completed payments using specific guideline.

However, the most effective way for accepting payments is through the Web Merchant Interface. Working with this interface is independent of the type of Web Merchant Keeper being used. The Web Merchant Interface smoothly connects with services such as Capitaller or WebMoney Processing.

2. The Easy Way

You can show off a set of purses on your website’s page, along with an indicator showing that you accept payments through these purses for your services.

This method is straightforward but demands your attention. However, this option is not suitable for online stores selling digital products, as buyers usually expect to receive the goods immediately after payment and would not want to wait.

3. Payment Using the Widget 

The Setup Wizard allows you create not just a payment button, but also a small widget that smoothly works with our system in the background.

When you do this, you won’t have to send the buyer to their website for making the payment. Once the payment is completed, you will get a notification.

WebMoney Wallet Log in Guide

To access your WebMoney wallet login:

  1. Visit the Website: Go to the official WebMoney website using your web browser.
  2. Locate the Login: Look for the “Login” or “Sign In” button on the website’s homepage. It’s usually located at the top right corner or prominently displayed.
  3. Enter Credentials: Click on the login button and enter your registered WebMoney ID (WMID), along with your password.
  4. Verification: Some accounts might have an additional layer of security, such as Two-Factor Authentication (2FA). If you have it enabled, follow the provided prompts to complete the verification.
  5. Access Your Wallet: Once you’ve entered your credentials and completed any required verification steps, you’ll be logged into your WebMoney wallet. From there, you can manage your funds, perform transactions, and access various features of your account.

Universal Payment System Subscription Fee

Portal owners who want to add a subscription fee for their customers can use the system’s Application Programming Interface (API) made specifically for this purpose.

In the first payment, the buyer gives the seller permission to take out a limited amount from their purse. After setting up the authorization, the seller can regularly take money from the buyer’s purse at specific times.

WebMoney Download for Android and iOS

How to download WebMoney APK Andriod App

To download the WebMoney APK Android app, follow these steps:

  1. Open Settings: On your Android device, go to the “Settings” app.
  2. Security: Scroll down and find the “Security” or “Privacy” option, then tap on it.
  3. Unknown Sources: Look for the “Unknown Sources” option. This allows you to install apps from sources other than the Google Play Store. Enable it by toggling the switch.
  4. Browser: Open a web browser on your Android device.
  5. Search for APK: In the browser’s search bar, type “WebMoney APK” and press Enter. This will display various sources to download the APK file.
  6. Download: Choose a reliable source and click on the link to download the WebMoney APK file.
  7. Install: Once the APK file is downloaded, locate it in your device’s “Downloads” folder or the notification bar. Tap on the file to begin the installation process.
  8. Permissions: During installation, you might be prompted to grant certain permissions. Review them and proceed.
  9. Install: Tap on the “Install” button to start installing the WebMoney app.
  10. Open App: After installation is complete, you’ll find the WebMoney app icon on your home screen or in the app drawer. Tap on the icon to open the app.

How to download WebMoney iOS App

Currently, WebMoney does not have an official iOS app available on the Apple App Store. But to believe it will come out soon. If it does follow the steps below:

  1. Open the App Store: On your iOS device, open the “App Store” app.
  2. Search for WebMoney: In the App Store’s search bar, type “WebMoney” and press Enter.
  3. Search Results: Check the search results for any official WebMoney app. If there is one available, it should appear in the search results.
  4. Download and Install: If you find the official WebMoney app, tap on it to view its details. Then, click the “Download” or “Get” button to install the app on your device.

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