Webmoney is one of the most popular and controversial payment systems used by millions of people in Russia and the CIS countries. Despite the disadvantages of Webmoney, it can be used to make money transfers and conduct business online without the need to work with cash. The legitimacy of transactions for each of the currencies is supported by special guarantor companies.

Additional services have been created to help customers, such as mobile banking, mass and periodic payments, loans, and so on. What are the pros and cons of Webmoney? Should you pay attention to them?

 

Pros of Webmoney

To get potential users interested, you should start with the advantages of Webmoney:

The prevalence of the payment system. People who make purchases on the global network, work in it or move in the circle of Internet users, actively use the WebMoney wallet. With the help of electronic money, you can make any purchase, pay for a service on the Internet, pay for hosting or buy a domain. Of course, all these actions are relevant if the transaction is made on the territory of Russia and the CIS.
High level of security. Periodically, there are messages on the network about the theft of funds from WebMoney wallets. But all these are isolated moments related to the owners inability to protect confidential information. Due to the high level of security, there has never been a massive hacking of the system and theft of user funds. Payment system specialists are constantly working to strengthen protection, thus guaranteeing the safety of each clients funds.
Multi-currency accounts. Having installed the program, the user gets control over several currencies at once - dollars, rubles, hryvnia, euros and others. At the same time, transactions can be made with the wallet that is most interesting at this moment. Many people believe that this feature more than overcomes the disadvantages of Webmoney, which will be discussed below.
Availability. Any beginner who wants to understand the system and learn how to use its capabilities can implement the idea without problems. There is enough information in the network that will allow you to step by step register in the system, get the necessary certificate, find out as much information about the business level as possible and explain a number of other points for yourself. Thanks to this, the likelihood of fraud on the part of cunning "scammers" is minimal. In addition, the mentioned system parameters cannot be faked. This makes the system open, balancing the pros and cons of Webmoney.
A wide range of ways to deposit / withdraw funds. Unlike other systems that have only recently appeared on the network, the WebMoney system offers more than a dozen different ways to deposit and withdraw money. All information on this issue can be found both on the official website and on many other resources.
Offline payments. The system is regularly improved, which makes the advantages of Webmoney more obvious to millions of users. Already today, with the help of electronic money, you can pay fines to the traffic police, pay for an apartment, order pizza at home, buy tickets for a flight of interest, and so on. The range of available services is growing every year.
24/7 access. You can get access to your wallet and money at any time of the day and regardless of the day of the week. Thanks to this, it is possible to operate with money even when bank branches are already closed.
Access to loans. A special program runs inside the system that allows you to issue loans from other users at low interest rates. The main requirement is a certain business level and experience in using the payment system.

Cons of Webmoney

But there is also a fly in the ointment. What are the disadvantages of Webmoney before you start using the system? There are several of them:

Lack of WebMoney rules. Despite the fact that the system has been working for a long time and has clearly defined rules, they are not really followed by anyone. In simple terms, the work is carried out according to the principle "as we consider it necessary, so it will be." This approach periodically creates problems for users.
Blocking wallets. Sometimes it seems that the administration of the payment system gets moral and physical satisfaction from blocking users wallets. As a rule, the justification is the claims against the victims, who are accused of conducting "dubious deals" or "attempted break-ins." As practice shows, in 70-80% of cases the system of law. But legal businessmen also fall under the "distribution", which leads to the halt of many business processes. The difficulty is also in the fact that not only the recipient is blocked, but also the sender.
Impossibility to work with HYIP projects. Many consider the pros and cons of Webmoney from the standpoint of the possibility of investing their own funds. And this is where difficulties arise. When trying to invest funds at interest in one of the HYIP projects, the user will be blocked by lightning.
Opaque blocking process. Equally difficult is the lack of transparency in blocking the wallet. The user does not receive any messages about the decision made by the system. At the same time, resetting the business layer to zero cannot be considered a warning, because this process occurs later.
Poor quality of technical support. The appearance of problems with the use of the system immediately highlights the main drawback - the inoperative work of the support service. There are several problems - delays in answering, rudeness of employees, lack of completeness of the answer, and so on. Respect for customers is zero.
No privacy. One of the main drawbacks, which overrides many of the advantages of Webmoney, is the lack of any privacy. For full-fledged work in the system, you will have to issue a personal certificate, the essence of which is to disclose full information. If this is not done, then many services will not be available to users. Subsequently, when using the service, there is a systematic pull of personal information literally "pieces".
Hacking risk. Despite the reliability of the system as a whole, the danger of being hacked by a hacker still remains. The program that has penetrated into the computer can "extract" the password for entering WebMoney and the file necessary for this. Therefore, you will have to try a little to protect your personal funds. At the same time, download programs only from official sites (including the browser itself).
Low level of popularity abroad. Outside the CIS countries, the payment system is not in demand. Therefore, you need to be prepared for the appearance of problems related to the withdrawal of funds.
Difficulties in using. To access funds from someone elses computer, you need to have a special wallet file with you and know several passwords. Otherwise, it will not work to carry out transactions with money.
The WebMoney system is a good option for use within the CIS. It is reliable, in high demand, and provides a lot of opportunities to its customers. On the other hand, there are a number of disadvantages that must be taken into account in the selection process. Here, everyone decides for himself what is more important for him - confidentiality, attentive attitude or support service.