Webmoney is an electronic settlement system. WebMoney is not money, in the direct sense of the word, but securities, a kind of stock that replaces money. They can be used to pay for goods and services, as well as exchange for money through exchange machines.
Every year more and more online stores and virtual kiosks include WebMoney in the list of payment options for purchases. You can pay with virtual substitutes for banknotes for almost everything that is sold on the Internet.
What can you spend e-money on?
Many, but not all, virtual merchants accept webmoney. So, before deciding to order a new player for webmoney, you should make sure that the chosen store supports payment with virtual money. If it does, then the problem will be solved by itself.
Paying Webmoney for household appliances, clothes and even food is easier and safer even than with real money. The fact is that webmoney is a controlled settlement system. Even if you paid for the purchase, and the goods did not reach you, you can apply to the arbitration system and, if there is evidence, return the funds paid back to your account.
As statistics show, most often webmoney is paid for virtual goods. These are games, photos in photo banks, musical compositions, accounts on services, and the like. And they spend mainly virtual money earned in the vastness of the virtual network.
It is safer to pay for purchases on the network with electronic currency than even making payments from a plastic card. All the seller learns about buyers is a unique Webmoney ID number. Leakage of personal information is excluded, because it is not possible to hack Webmoney without having a special key file in your hands.
How is the payment for the purchase carried out via webmoney?
Basically, payment for webmoney purchases is carried out through specialized services. Payment is made step by step and at each of the stages, except for the last, the buyer can refuse to pay.
It also happens that sellers work on the principle of a simple transfer of payment between accounts. Then the buyer must transfer the agreed amount to the seller's account, after which the goods will be sent to him or the ownership of the virtual purchase will be transferred.
Another way to buy something with WebMoney is to pay by invoice. In this case, the seller issues an invoice in the name of the buyer, paying for which the latter receives the rights to the goods.
Regardless of the method of mutual settlements, the product can be very diverse. And, as experience shows, paying webmoney is sometimes cheaper than using a transfer or from a plastic card. This is due to the fact that the Webmoney service charges less than 1% of the transaction amount for the transfer, while other payment systems charge large percentages.
