WebMoney is an e-wallet which can be used to make online payments. Customers can fund their WebMoney wallet via bank card, bank account, e-money or cash at kiosks. Founded in 1998 in Russia, WebMoney has become one of the leading alternative payment methods in Eastern Europe. It cites 39 m users with more than 40,000 new registrations monthly on its website.

Consumers in Eastern Europe use e-wallets to pay for almost a quarter of their online purchases. Each year, consumers in WebMoney’s core area of operations spend billions with e-commerce merchants, using alternative payment methods. And a third of these shoppers do not have a bank account — making support for cash and prepaid payment methods vital for e-commerce success.

Other e-wallets operating globally include PayPal, Skrill and ApplePay.

The benefits of supporting e-wallets

  1. In 2020, shoppers spent $5.5 trillion a year using e-wallets.
  2. But that figure is set to grow by 83% by 2025.
  3. E-wallets give shoppers a fast, easy way to pay online.
We currently don’t offer this payment method. Get in touch to see what other options we have. Get in touch
Type Wallet
Company behind LPM WebMoney
Market share details 39 m users
Market relevance High

E-commerce and payments insights by country

Discover how the world pays for things by exploring our e-commerce reports. We have one for almost every country on the planet.

United Kingdom Switzerland United States
All countries

Got a question?

The friendly folks in our Sales Team will be happy to help, whether you’ve got a question about an e-commerce market or want to know more about what we can do for your business.