What is webmoney payment method?

What is webmoney payment method? WebMoney Transfer commonly known as WebMoney is an internet currency system that was established in 1998 in Moscow. Webmoney is a payment provider that allows you to securely pay for Skype products, like Skype subscriptions. You can use Webmoney to pay in a variety of ways, depending on where you are in the world.

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What is webmoney payment method

What is WebMoney purse ID?

WM purse (or just a Purse) is an attribute registered under the WM identifier and used to keep a record of title units.

What is Webmoney WMZ?

WMZWMZ is a WebMoney Transfer title unit that is a US dollar equivalent.

Payment methods in WebMoney Transfer System

WebMoney Transfer System members can pay for goods and service using several methods:

  • paying to the merchan’t purse directly;
  • paying invoices issued by the merchant to the customer;
  • paying to the merchant’s purse via the Merchant service;
  • paying using mobile phone (with SMS- or USSD-confirmation).

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How Does it Work?

The mechanism of Webmoney is simple and not any rocket science so sit back and relax. It offers different service to cater different needs of each user. I mean, there are different purses that one may use. These purses are standardised for each currency as per user’s need.

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