WebMoney

Type: Digital Payment System

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About WebMoney

Founded	1998
Headquarters	Moscow, Russia
Market share	WebMoney is a prominent payment system in Russia and Eastern Europe, competing with PayPal and Yandex.Money.
Major competitors	PayPal Yandex.Money Qiwi Sberbank Online
Notable partnerships	E-commerce platforms like AliExpress and Ozon. Financial institutions for payment processing. Technology companies for integration and development.
Recent developments	Expansion of services to international markets. Partnerships with e-commerce platforms for seamless payments. Enhancements in user interface and mobile applications.
Regulations	WebMoney operates under Russian law and complies with local financial regulations.
Security	Unknown
Official website	https://www.wmtransfer.com