What is WebMoney.EU?

WebMoney.EU is an e-money system operated by SIA Digiмoney (Latvia). WebMoney.EU allows instantaneous and secure electronic money transactions. More than a payment method, WebMoney.EU is a network of interdependent businesses, such as e-money issuers, merchants, dealers, and entrepreneurs that use e-money issued under the regulatory framework of EU Member States.

WebMoney.EU provides logistics, accounting, and processing support to members of its network. Using WebMoney Transfer™ technology, WebMoney.EU ensures that consumers, merchants, and Issuers are supplied with adequate software, informational, and legal tools for instantaneous e-money transactions. WebMoney.EU also employs a sophisticated encryption technology to provide its users with a safe environment for shopping and business. 

WebMoney.EU e-money system (showing e-money flows and settlements between Members)

Our Goals  

On the basis of unified rules and standards, we seek to:

• allow all electronic money institutions, regardless of size or capital, operating across the European Union to issue and service e-money - an electronic surrogate of cash;
• ensure that all bearers of e-money can readily verify its validity and carry out secure cashless payments of small amounts in various spheres of commerce, including mobile and Internet communications;
• enable all merchants and businesses, regardless of industry or market share, to accept electronic money as a form of payment.