WebMoney Transfer started in 1998. The digital currency payment system is now the largest and most successful digital currency in the world. The Russian company’s payment platform includes a P-2-P credit purse, global payment solutions, merchant services, local payment products, online billing, and direct integration with other global financial service providers. Unlike e-gold, WebMoney creates targeted products for specific users. Because of the MSB rule and the prepaid access rule, WebMoney is no longer available to the US market.
- Credit Card
- Bank Account
- National Currency
- Digital Unit
- Digital Currency
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, access via your institution.
Unable to display preview. Download preview PDF.
C. Mullan, 2008. Interview: WebMoney’s Peter Darakhvelidze. DGC Magazine, Iss. 4, 8–10.
C. Mullan, 2011. 2011 Observations on the Digital Currency Industry. [pdf] Washington, DC, 10–13. Available through: Academia.edu; http://www.academia.edu/4627987/2011_Observations_on_the_Digital_Currency_Industry (accessed: December 14, 2013).
© 2014 P. Carl Mullan
About this chapter
Cite this chapter
Mullan, P.C. (2014). WebMoney Transfer. In: The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations. Palgrave Pivot, New York. https://doi.org/10.1057/9781137382559_11
Publisher Name: Palgrave Pivot, New York
Print ISBN: 978-1-349-48002-9
Online ISBN: 978-1-137-38255-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)