Talk:WebMoney

link removed
I have removed the reference to the site "http://www.nowpublic.com/tech-biz/washington-post-vs-webmoney-transfer Washington Post vs Webmoney Transfer Article by Brian Krebs of Washington Post online draws much criticism" -- This link has apparently been hijacked, and goes to a spoken pop-up engaged in promoting a contest of some sort — Preceding unsigned comment added by DGG (talk • contribs) 00:14, 14 August 2009

Criticism added
I have added a new criticism object " WebMoney transfer and topup service is not safe they can consider that you broke statements if you send money to other user after top up your purse using bank transfer, then they are not allowned to back money to you. "

Support Group Hello! You have used the service Envoy to top-up your purse. But in violation of an agreement to provide such services, funds transfer was made from the account of Miguel *** ***** but to the purse of Miron *** ***** Support Group Hello! According to our system your payment we received from Portugal. Therefore, we must refund it on the same account, to Portugal. But you have given us your bank account in Spain. We do not have the ability to return this payment on this account. — Preceding unsigned comment added by 95.131.162.56 (talk) 23:34, 24 November 2014

I don't know about "notable" - this page is important
I came across this service "in the wild" when someone asked me about in and the article here was very useful. It's certainly a "notable" topic as far as I'm concerned, and seems quite popular in Eastern Europe. Yet there is a banner on the top of the page about "not meeting notability guidelines" and possible imminent deletion/merging/redirection. The English of the article is woeful; the information a bit dodgy in places, and it's basically not one of the best articles on Wikipedia. But as to the notability criteria, "...received significant coverage in reliable sources that are independent of the subject", people are clearly using this system - they're independent and reliable. It exists. People use it. It's significant. It's notable! — Preceding unsigned comment added by 86.159.117.91 (talk) 19:52, 13 December 2014‎


 * German Wikipedia does not mention it by now, therefore I'm glad to find some information about it here. It is certainly notable. Aliexpress includes WebMoney as alternative source. Manorainjan (talk) 21:45, 8 January 2016 (UTC)

"Online Pharmacy" scam link
There is a link to a likely spam site in the text "One example being Online Pharmacy transactions". "Web of trust" says that is a scam. I don't know how to check what the previous content was, so I'm asking that someone with better wiki-fu should remove that link. Sam Watkins (talk) 14:37, 16 June 2015 (UTC)
 * Thanks, . I've removed that link as Wikipedia doesn't want external links in the body of the article (per WP:EL). Stesmo (talk) 16:58, 16 June 2015 (UTC)

Criticism
"It doesn't accept Western Union or Paypal transfers. There are some third parties offering such services for commission fees" - this point is false (or maybe not actual) – here is the link to the system’s official exchange service with sections for exchange of WM to Paypal and to money transfer systems (including Western Union) - https://wmeng.exchanger.ru/asp/wmlist.asp

"The routine need to use third parties for many operations with WebMoney raises the question of trust and the possibility of fraud." - this is someone’s personal opinion not corroborated by any source. Request for citation dated November 2010!

I have removed this section - Bodrey (talk) 16:55, 1 July 2016 (UTC).

unsourced/badly sourced
The following is all either unsourced, sourced only to the website, or sourced to press releases or other low quality refs and was moved here per WP:PRESERVE. Per WP:BURDEN please do not restore without finding independent, reliable sources, checking the content against them, and citing them, and ensuring that this content has appropriate WP:WEIGHT in the article overall.

Please be aware that per WP:PROMO: Wikipedia is not for..... Advertising, marketing or public relations. Information about companies and products must be written in an objective and unbiased style, free of puffery. All article topics must be verifiable with independent, third-party sources, so articles about very small "garage" or local companies are typically unacceptable. Wikipedia articles about a company or organization are not an extension of their website or other social media marketing efforts. External links to commercial organizations are acceptable if they identify notable organizations which are the topic of the article. Wikipedia neither endorses organizations nor runs affiliate programs. See also Notability (organizations and companies) for guidelines on corporate notability. Those promoting causes or events, or issuing public service announcements, even if noncommercial, should use a forum other than Wikipedia to do so. Contributors must disclose any payments they receive for editing Wikipedia. See also Wikipedia:Conflict of interest.

Please note the " Wikipedia articles about a company or organization are not an extension of their website" piece of that.

Guarantors (underwriters) — participants of the System located in various jurisdictions and store valuables of various legal nature. Specific features of transactions with proprietary rights for values stored by each Guarantor, as well as their measurement units and the Guarantor’s obligations to exchange those proprietary rights with the currency of the country of its registration, are set out in the Agreements adopted respectively by every member of the System in the course of registering a "Purse", which serves as the accounting attribute of the proprietary rights.
 * Guarantors

The System supports several types of Purses, that keep record of valuables property rights of corresponding types:
 * WM-units
 * Z-Purse WMZ — Goods certificate, in United States dollars
 * E-Purse WME — Electronic money in Euros
 * R-Purse WMR — Bearer's bank cheque in Russian rubles
 * U-Purse WMU — Bank account claims in Ukrainian hryvni
 * B-Purse WMB — Electronic Belarusian rubles
 * K-Purse WMK — A receipt for the right to receive EKZT from the guarantor for a certain amount
 * G-Purse WMG — Warehouse receipt for stock gold in a certified storage area
 * V-Check WMV — Prepaid transfer in Vietnamese đồng
 * X-Purse WMX — Stored property rights to publish entries in the global public database of the bitcoin.org network.

Also, Kyrgyzstani som and Uzbekistani som-equivalents (WMS) and (WMY) were introduced, but canceled by central system authority.

The units of measurement of the valuables' property rights stored by the guarantor are WebMoney Title Units (WM) of the corresponding type.


 * Fee

Signing up and receiving WebMoney (WM units) from other users is free. Sending WM units to other accounts incurs a fee of 0.8% but not less than 0.01 WM and not more than the maximum fees outlined below:

WMZ	50

WME	50

WMR	1500

WMU	250

WMB	100 000

WMG	2

WMX	50


 * Funding and withdrawal

Funds can be deposited to WebMoney accounts by online and offline bank transfers, debit and credit cards, prepaid cards and vouchers, money transfer systems, by conversion from other electronic currencies, using retail stores, exchange offices and cash-in points. It is also possible to purchase WM prepaid cards in order to fund a purse.

Withdrawing fund is allowed to bank cards (binding of card is needed), to virtual cards, via wire transfer, by conversion into other electronic currencies and using exchange offices.

WebMoney participants can use purse management software to work within the system.
 * Applications

WM Keeper WinPro can be used on a professional level for MS Windows, as well participants can choose web-site purse with extended functions WM Keeper WebPro or simple web-site purse WM Keeper Standard, these applications allow access to the system services through any operating system. WM Keeper Mobile application is available for Android, Apple iOS, Windows Phone, Blackberry OS, Bada, Symbian and Java-enabled mobile devices.

WebMoney System allows purse management through the WebMoney Keeper line for popular social networks, which includes Facebook, Vkontakte and Odnoklassniki applications.

The main address for technical support is given in Moscow; the main proprietor and administrator is located in London.
 * Locations

The funding and withdrawal points are located in 90 countries.


 * Security

WebMoney transactions do not require a credit card or bank account, are final, and cannot be retracted.

Security is provided on the system level. While performing transaction, the funds are always either on WM-wallet of the sender or WM-wallet of the receiver with no intermediate state in the system. It is conceptually impossible to lose WM-funds. WebMoney has a list of security settings to protect accounts. It includes three main authentication methods: And two additional methods:
 * Login and password
 * Files with secret keys
 * Personal digital certificates
 * SMS verification code
 * E-NUM, internal service for generating single-use passwords

E-NUM is a two-factor authentication service alternative to sms. API of the service is free and available to owners of external websites. E-NUM provides the second security factor relevant for any closed on-line services and web areas, where secure authentication is necessary (e.g. online banking). E-NUM generates a single-use password, based on the “challenge-response” method and displays the only correct response code, works on all platforms and suits smart wearable devices.

Official WebMoney website describes Arbitration as an active service that conducts conflicts between WebMoney Transfer System users.
 * Arbitration

System participant can post public complaints concerning improper result of the transaction or contract, such as payments rejection, payment obligation rejection (rejection to provide product or service), fund transfer objection (in cases of unit theft from a purse) and so on. Two types of complaints are available: Complaints are filed free of charge by WebMoney members. All complaints are analyzed by the arbitration administration. If the administration finds the facts stated in the complaint valid, it can consider various disciplinary actions, such as blocking access to WMID, deleted websites, etc. Complaints are analyzed and considered within 7 days from registration.
 * 1) Notice complaint: posted automatically by the system and only informs on the problem.
 * 2) Blocking complaint:
 * 3) * blocks access to WMID to the complaint recipient;
 * 4) * demands a deposit from the complainant;
 * 5) * involves a comment from the recipient;
 * 6) * is considered within 3 days from the publication of the comment by the recipient.

In November 2015, WebMoney Europe Ltd. with head offices in Cambridge, United Kingdom announced the FCA licence acquisition that allows to issue e-money in all countries within the European Economic Area.
 * FCA licence to issue e-money in EU

-- Jytdog (talk) 09:22, 28 August 2017 (UTC)
 * This article is clearly promo, but there are better sources. (See, for example,  )
 * — Preceding unsigned comment added by Billhpike (talk • contribs) 03:00 23 February 2018 (UTC)


 * I have revised the article, so that most claims are referenced to third-party sources, but most of the problematic material appears to have been in the earlier versions that had the content above, so I have removed the UPE tag. --Joshua Issac (talk) 00:16, 28 February 2018 (UTC)