Payment Product-WebMoney Introduction

WebMoney Transfer is a global payment system that aids in a variety of business activities. It was established in 1998 and since then has helped millions of merchants and customers make payments easily and effectively. The platform allows users to attract funding, resolve payment disputes, track funds, all while making secure payments. Here’s an introduction to the simple payment solution: 

Introduction to WebMoney Features

In regards to personal WebMoney transfers, people can use the service just like a regular bank card. Users can top-up their accounts as well as pay for a variety of goods and services. Customers can also withdraw funds, get a loan and raise funds. 

In regards to business accounts, WebMoney allows merchants to accept and make payments. Merchants can accept payments from customers and receive funds via bank transfer into merchants’ bank account with the help of the payment gateways.

The payment gateways will also enable your business to accept payments from other popular payment channels including credit and debit cards, online and offline bank transfers, pre-paid cards, money transfers, e-wallets, and other alternative payment methods. In Russia,  WebMoney supports a variety of online payment methods, among which e-wallet is the most widely used. WebMoney provides users with different types of WM Purse, such as WMR, WMZ, WME, etc.

WebMoney Payment Process Introduction

WebMoney Processing is a payment solution to collecting funds, designed for merchants who would like to take advantage of a wide variety of payment methods. This is vital to the success of any cross-border business as merchants want to provide absolute ease and comfort to their customers. Furthermore, when providing the payment methods that they prefer, customers are incentivized to purchase and are much less likely to abandon their carts in the process. 

Through a single platform, merchants can make and receive transactions quickly and effortlessly. When customers make payments in whatever payment method they chose, WebMoney transfers the funds directly to the business’ bank account. Furthermore, the platform processes transactions in local currencies and USD and Euros for large multinational companies. 

Oceanpayment and How It Can Help 

Oceanpayment is one of the leading payment solution companies in the world, which strives to provide safe, fast, and simple payment methods for merchants and their customers. The company provides an array of payment solutions that are adaptable to the specific business. Oceanpayment can even create new payment solutions based on the individual needs and wants of merchants. At present, Oceanpayment has established long-term and stable cooperative relations with major e-wallet companies in Russia — WebMoney and Yandex. All the mainstream payment methods in Russia can be used on one platform. Therefore, it will be better for merchants to grow and developing their business.

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