WebMoney Description
WebMoney Transfer was established in 1998 as a global settlement system and an environment for online business activities. Over 40 million people have joined the system since then. WebMoney provides services that will help you keep track of your funds and attract funding. It also resolves disputes and facilitates secure transactions. WebMoney's technology is based upon a set standard interfaces that system participants can use to manage their valuable property rights. These rights are kept safe by Guarantors, specialised companies. Any Guarantor can register as many WM purses as system users wish. All purses belonging to one user can be kept in a Keeper that is assigned to the user's WMID registration number. The WebMoney units (WM) are used to measure the value of the system. All system participants must provide their personal information to enable them to interact internally. This information is verified by the Certification service.
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