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Accept Webmoney as a business: How to get paid in Webmoney on your website?

Webmoney is an online method of money transfer for merchants who need to collect international payments. The advantages Webmoney offers in this case is seamless among all the available options in the market. As compared to high-risk merchant accounts, the service is more affordable and offers fewer restrictions. Instead of using traditional banking and credit networks, WebMoney enables users to purchase and transfer money at a much faster pace, which can then be withdrawn from digital wallets in the user’s local currency.

Accept Webmoney as a business: How to get paid in Webmoney on your website?
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That being said, if you are a business owner or an online retailer, it could be beneficial to accept Webmoney on your online marketplace. 

But the big question is how can I do so? The topic of this article is all about the reasons why you should consider accepting Webmoney on your online business and the ways you can do so.

Why do I need to accept Webmoney?

Webmoney is many users' ultimate choice for good reasons. One of the major advantages of the Webmoney system is the high level of guaranteed security. Transactions can be performed from the wallet which is highly noted among Webmoney users. Plus, there comes a number of additional services besides all that was mentioned including making rents, paying for various services, buying a plane ticket etc. It is worth mentioning that those who have the Webmoney Keeper app, will no longer need to use it through their browser. 

Choosing to accept Webmoney on your online business will give you the freedom to be your own bank, have complete control over your finances and marchant sale report, and enjoy the full convenience of integrating your desired payment methods as well as manage your transactions online at any time and from anywhere in the world. 

How to accept Webmoney payments as a business?

If you run a business and want to accept Webmoney, here is how you can do it. Businesses who wish to accept Webmoney payments may get help from specialized providers to facilitate this process by offering them an online payment gateway

An online payment gateway is a decentralized payment platform which allows merchants to accept Webmoney payments, and clients to pay using Webmoney directly without retaking the process from Webmoney's website.

In comparison to accepting Webmoney on your own, a payment provider will make it easier and eliminate obstacles you might otherwise face. You no longer need to worry about being an expert in the niche and understanding how it all works since your processor will take full responsibility. 

Third-party services will even let you transfer the money to your bank account in your preferred currency once you have made the payment. By using a payment processor, you can also reduce your risk of exchange rate fluctuations, money scams, and fraud. 

Accept Webmoney on your website and online shop

Your first step toward accepting Webmoney on your online shop is to choose the right payment processor, integrate your payment method, then offer your customers the most cost-effective payment method.

Our recommended crypto payment processor is PayPax, a leading digital payment solution that lets you accept payments in more than 50 cryptocurrencies and digital money including stablecoins, tokens, and most popular crypto assets like Bitcoin, Ethereum, or Dogecoin.

The service enables everyone to accept Webmoney and most major cryptocurrencies conveniently. However, convenience always comes with a fee. In that case, PayPax offers competitive fees, updated based on mid-market data. Plus, it’s particularly user-friendly and there are no hidden or markup fees. 

PayPax offers API, instant payments as well as 24/7 customer support desk for you to easily integrate your payment methods, bring the most cost-effective solutions to your potential customers and expand your business ever more globally. 

Is it safe to accept Webmoney?

If you aim to accept crypto or any other form of digital money on your website, you need to consider the fact that unlike fiat currencies like the U.S. dollar and the euro, digital money is not backed or insured by any institution or higher regulatory force, that’s what makes them more exposed to cyber security scams and phishing attacks. 

According to some user complaints, Webmoney service comes with a significant fraud risk, so users are advised to watch over their accounts and funds when using the Webmoney system for their financial purposes. However, if you have chosen PayPax as your payment processor, it puts the safety of your funds in priority.  

PayPax team is alert 24/7 and will notify you in case of any suspicious login or purchase from your account, however, it’s still your responsibility to secure your personal account and wallet information.

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What you need to accept Webmoney

Accepting Webmoney as a business comes with creating an official Webmoney wallet and receiving Webmoney payments by giving your wallet address to your customers. However, this process is very much time-consuming and considering the aforementioned security issues with a Webmoney account it’s neither to your benefit nor your customers to do that. 

Instead you can get help from an online payment processor, which is much more convenient, cost-effective and guarantees your safety at the same time too. PayPax is a leading option. Using PayPax, you can sell your products and services online using various cryptocurrencies and accept Webmoney payments on your website. 

Another advantage of PayPax is that you don't necessarily have to create a Webmoney wallet but you can simply accept Webmoney without buying or owning it. When a customer pays you, PayPax converts it to your desired form of e-money or cryptocurrency including Webmoney, as easy as possible. Plus, PayPax eliminates all intermediaries and third-parties and lets you enjoy having international customers from all around the world seamlessly. 

Looking for alternative options to accept on your website? Visit: Accept PayPal as a business

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