WebMoney for Thai Online Merchants
What is WebMoney?
"WebMoney Transfer" is the online payment system.
Just to keep it simple WebMoney is very similar to well known PayPal with the some minor feature differences.
In fact WebMoney is the only online payment in the world with the security level higher than in some internet banking.
Currently WebMoney has almost 6 million users over the world (Aug 2008).
It is the second large after e-gold and rapidly becoming the #1 choice for free trading online.
PayPal and e-gold the other major digital currency systems each has its own downfalls where Webmoney may offer better alternative.
WebMoney has strict yet flexible policy.
It protects merchandisers with irrevocable transactions.
Yet any payer may apply to Arbitrage board if one suspects dishonest trading from another.
Arbitrage is a non-administrative body selected from the most respected independent Webmoney users to resolve arguments between other members.
Webmoney has absolute zero tolerance towards any financial scam schemes such as HIYP's.
WebMoney offers many electronic currencies to work with.
There are WMZ (US Dollar equivalent), WME (Euro equivalent), WMG (gold bullion equivalent) and some other less used ones.
Each electronic currency has a legal entity behind to guarantee them with the real currencies or gold.
Find more information on the official Webmoney website www.wmtransfer.com
Why you need WebMoney?
WebMoney is the tool to expand your market. Those who for some reason can't have credit cards uses WebMoney.
WebMoney was born in Russia as the tool for online business activities.
In the country where credit card ownership is close to nothing comparing to huge population such system is the must.
Well planned paradigm which guarantees safety to its users and still having quite a freedom in online trading made the thing.
It became so popular, very quickly WebMoney stepped out of the borders of Russia to ex-Soviet countries and then to the world.
Currently WebMoney provides services to many millions of users which mostly do not using credit cards.
It is the new and fresh chunk of potential buyers for online shops who traditionally sell only to credit card holders.
The Russians and ex-Soviet citizens are still a major part of WebMoney users.
Option to accept WebMoney opens your shop to the new broad market which you could hardly reach without WebMoney.
When we started to provide our services we found out that there are already Thai WebMoney users.
And even if they had to spend a lot of efforts and money in order to fund their accounts or withdrawal, they still were using WebMoney.
Since now they got much easier way to work with WebMoney and we expect growing number of Thai users.
Thailand also doesn't have many credit card holders.
WebMoney has all chances to become local online trading tool as soon as it is pretty compatible to both normal and micro-payments.
What "WebMoney Thailand" may do for you?
"Webmoney Thailand" is the certified merchant and exchange point of Webmoney based in Thailand. "Exchange" here means exchanging WebMoney digital currencies such as WMZ and WME to the real hard currency (THB) and vice versa. It means we are the bridge between WebMoney and your real money right next door.
We offer two business solutions to work with WebMoney. The first will be straight forward. You register your own account in WebMoney and get additional payment option for your online business. WM-funds will be in your sole possession and handling. You may spend them to buy anything yourself or once in a while withdraw accumulated funds to cash using our exchange point.
Another option is even more beginner friendly. You don't even need to register account in WebMoney. We will provide you with the custom WebMoney payment gateway and handle for you every purchase with WebMoney funds. As soon as you got order and WebMoney paid shortly you will find equivalent of this payment in Thai Baht on your bank account. That simple!
This second option is pretty similar to using credit card billing company gateway. But there are two attractive differences: (1) there is no risk of charge back and (2) you don't need to wait till the end of financial month to get your money from the billing company, you'll get them right away.
Please contact us if you need any other clarifications: Tel.: 081-9968860, Email:
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