WebMoney WMT Expands Global Reach with New Bank Transfers

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WebMoney WMT has recently expanded its global reach by introducing new bank transfer options. This move is expected to make transactions more convenient for users worldwide.

With the addition of new bank transfer services, users can now send and receive funds in a more seamless way. The expansion of WebMoney WMT's global reach is a significant step forward in the digital payment landscape.

WebMoney WMT's new bank transfer options are designed to cater to the needs of international users, providing a faster and more secure way to transfer funds across borders. This is a game-changer for users who frequently conduct cross-border transactions.

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Payment Options

You can accept payments in USDT for WMT and WMZ wallets, which is a convenient option for system participants.

Funds are automatically exchanged at WMZ wallet once the payment is made, making it a seamless process.

The buyer doesn't need to be registered with WebMoney, which opens up payment opportunities to a wider range of customers.

To set this up, you can create a payment link in WebMoney Keeper or automate payment acceptance on your website using the WebMoney Merchant service.

This feature allows for easy integration with your existing online payment systems.

Explore further: What Is Webmoney

Withdrawal Options

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You can withdraw WebMoney WMT to your bank account, with a minimum withdrawal amount of 100 WMT and a processing time of 1-3 business days.

WebMoney WMT can also be withdrawn to a Visa or Mastercard, with a minimum withdrawal amount of 1 WMT and a processing time of 1-3 business days.

Withdrawals to e-currency wallets, such as Bitcoin and Litecoin, are also possible, with a minimum withdrawal amount of 1 WMT and a processing time of 1-3 business days.

Avalanche (AVAXC) Now Supported

Avalanche is now supported by WMT wallets for USDT deposits and withdrawals.

You can carry out USDT deposits and withdrawals on the wmt.web.money website.

WMT wallets now support USDT tokens on the Avalanche network.

Withdrawal to Euro Bank Account

You can withdraw your WebMoney funds to a bank account in euros (SEPA) in several European countries, including Andorra, Austria, Belgium, and many others.

These countries include Austria, Belgium, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

Withdrawals to bank accounts in local currency are also available in Thailand, Indonesia, Costa Rica, Ecuador, Peru, and Sri Lanka.

UNISTREAM Withdrawal

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You can withdraw WME and WMZ in cash via UNISTREAM.

Currently, this option is available in 22 countries: Abkhazia, Armenia, Belarus, Belgium, Germany, Greece, Georgia, Denmark, Kazakhstan, Kyrgyzstan, Israel, Cyprus, Latvia, Lithuania, Moldova, Mongolia, Slovakia, Tajikistan, Uzbekistan, Ukraine, and France, as well as the Czech Republic.

Prior to commencing a transfer, make sure pay-outs in the required currency are available in your selected geographical area.

The funds will be paid only to the payment sender in person, the names of the recipient and the WMID owner must match.

Loans and Financing

Automatic loans in USDT are now available through the WebMoney Debt service, allowing participants with a Formal passport and a business level of over 15 points to receive a loan in two clicks.

These loans are determined based on the participant's data, making the process quick and efficient.

Loans can be taken online from participants of the WebMoney Transfer system, with automatic accounting for all disbursed funds and control over the timeliness and completeness of the return.

You can even create a WMF wallet right now in WebMoney Keeper to get started with the service.

USDT Loans

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USDT loans are now available through the WebMoney Debt service.

Participants with a Formal passport and a business level of over 15 points can receive a loan.

Loans are provided in just two clicks, with the amount and conditions determined based on the participant's data.

This streamlined process makes it easy to access the funds you need.

Loans in WMF, WMX, WML, and WMH

Loans in WMF, WMX, WML, and WMH are available through WebMoney Debt, allowing you to take loans online from participants of the WebMoney Transfer system.

The service automatically provides accounting for all disbursed funds and control over the timeliness and completeness of the return.

You can receive loans in WMF, WMT, WMX, WML, and WMH, giving you flexibility in repayment options.

Refinance loans are also an option with the ability to agree on new terms, amount, and type of title units to be returned.

Create a WMF wallet right now in WebMoney Keeper to start using these loan services.

For Credit Organizations

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As a credit organization, you have the opportunity to partner with WebMoney on various joint projects.

We offer a range of collaborations, including accepting payments for WebMoney and linking WebMoney wallets with bank accounts.

This can be a great way to expand your services and reach a wider customer base.

By participating in these joint projects, you can increase your revenue streams and improve your overall financial performance.

Tether Wallet System

WMT wallets now support USDT tokens on various blockchain platforms, including Ethereum, Binance Smart Chain, and soon Tron and others.

Transfers between WMT wallets are instant with low and fixed commission.

USDT deposits and withdrawals are carried out on wmt.web.money website.

You can exchange WMT for other title units, such as WMZ, WMX, or WMF.

WMT wallet owners benefit from all features of the WebMoney system, including dozens of services for doing business and settlements.

Avalanche is one of the fastest-growing blockchain platforms, and WMT wallets now support USDT tokens on this network as well.

System participants can now accept payments in Tether (USDT) for WMT and WMZ wallets, with funds automatically exchanged at WMZ wallet once the payment is made.

The buyer does not need to be registered with WebMoney to make a payment in USDT.

International Transactions

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Webmoney WMT is a popular electronic payment system that allows users to make international transactions with ease. Webmoney's international transactions are supported in over 180 countries worldwide.

One of the key benefits of using Webmoney for international transactions is that it offers a secure and reliable way to send and receive money across borders. This is due to its advanced security measures, including encryption and two-factor authentication.

Webmoney's international transactions are also known for being fast, with transactions typically taking only a few minutes to process. This is because Webmoney uses a network of partner banks and financial institutions to facilitate transactions.

Tron Network Transactions

On the Tron network, WMT wallets now support USDT tokens, which can be deposited and withdrawn on the wmt.web.money website.

You can use the Tron network to transact with USDT tokens, which are also supported on the Ethereum (ERC20) and Binance Smart Chain (BEP20) blockchains.

Deposits and withdrawals on the Tron network are carried out on the wmt.web.money website.

Take a look at this: Electronic Money

Expands Local Bank Transfers to 25 New Countries

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WebMoney has expanded local bank transfers to 25 new countries, making it easier to access your funds worldwide.

You can now withdraw your funds from your WMT wallet to a bank account in local currency in countries such as Argentina, Australia, and Brazil.

WebMoney previously enabled withdrawal of funds to bank accounts in euros (SEPA) as well as to VISA and Mastercard cards worldwide.

The full list of countries where you can withdraw your funds in local currency is available at https://withdraw.web.money.

Argentina, Australia, and Bangladesh are just a few of the many countries where you can now access your funds locally.

This expansion is a significant step forward for international transactions and will benefit many users.

Withdrawal to a bank account in local currency is now available in countries such as Chile, Colombia, and Egypt.

You can check out the full list of countries at https://withdraw.web.money for more information.

The countries where you can withdraw your funds in local currency include Mongolia, Morocco, Nepal, and Pakistan.

This is a great development for users who want to access their funds quickly and easily.

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Types of Purses

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WebMoney WMT supports a variety of purse types, each with its own unique characteristics. The main types of purses are E-purse, B-purse, G-purse, Z-purse, M-purse, X-purse, H-purse, L-purse, F-purse, S-purse, and T-purse.

An E-purse is denominated in EURO and intended for purchasing goods and services from suppliers listed on megastock.com. This is a great option for those who frequently shop online.

A B-purse, on the other hand, is denominated in Electronic Belarusian Ruble and is represented by the WMB symbol. This purse type is specific to Belarus.

G-purse is a bit more exotic, denominated in gold and represented by the WMG symbol. This purse type is backed by a certified repository and comes in the form of tokenized gold XAUt and CGO.

Z-purse, denominated in US dollars, is similar to the E-purse but intended for purchasing goods and services from suppliers listed on megastock.com.

Here's a list of all the purse types and their corresponding symbols:

  • E-purse: WMZ
  • B-purse: WMB
  • G-purse: WMG
  • Z-purse: WMZ
  • M-purse: WMM
  • X-purse: WMX
  • H-purse: WMH
  • L-purse: WML
  • F-purse: WMF
  • S-purse: WMS
  • T-purse: WMT

Each purse type has its own unique characteristics, and understanding these differences is crucial for making informed decisions about which purse type to use.

Frequently Asked Questions

What is WMT in WebMoney?

WMT in WebMoney is a new type of title unit backed by the stablecoin USDT, pegged 1:1. This means 1 WMT is equivalent to 1 USDT, a widely supported cryptocurrency.

What is the difference between WMZ and WMT?

WMZ-cards have fixed face-values in WMZ (e.g. 10, 20, 50, 100, 200 WMZ), while WMT-cards have variable values in WMT (equivalent to USDT), offering more flexibility in transactions

Is WebMoney available in the US?

No, WebMoney is not available in the US due to regulatory restrictions. Learn more about the MSB and prepaid access rules that led to this decision.

Ruben Quitzon

Lead Assigning Editor

Ruben Quitzon is a seasoned assigning editor with a keen eye for detail and a passion for storytelling. With a background in finance and journalism, Ruben has honed his expertise in covering complex topics with clarity and precision. Throughout his career, Ruben has assigned and edited articles on a wide range of topics, including the banking sectors of Belgium, Luxembourg, and the Netherlands.

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