In recent years, in connection with the rapid development of the Internet, non-cash money transfers have become very popular. Increasingly, people in different countries of the world make purchases online in online stores, invest their finances in online exchanges and send transfers from their card accounts to electronic wallets. One of the first in the Russian market among electronic systems appeared WebMoney system . What is wmz in Webmoney, this article will explain.
History of WebMoney
Many believe that the WebMoney system is Russian. In fact, there is no reliable information about who was the creator of the project and who owns it now. In fact, anyone can be. What is wmz is no longer a secret. Perhaps the project has Russian roots, and maybe not. It is only known that the company was registered in the offshore zone, and after its registered address moved to London. So legally the project belongs to the UK. The head office of the company, however, is located in Moscow.
The beginning of the WebMoney story began back in 1998, when the first successful transaction was conducted. The Internet was not so numerous at that time, and the news about the new project spread quite quickly. And this is not surprising, at the dawn of its activities, the system was much more loyal to the participants and generous in gifts and bonuses. So, for registering each new member, 30 WM were credited to the account. Then there was no separation by currency, and the payment unit was one - WM. It was equal to 1 American dollar. The division into rubles and dollars appeared only in 2000. And other currencies joined them even later.
What are wallets
In the system "WebMoney" there are so-called virtual wallets, they are divided by type of currency. What is wmz, now almost any student can explain. This is a WebMoney system wallet, on which funds are accumulated in conditional US dollars. Besides him, there are ruble wallets, in euros and other currencies. Money can be transferred inside the WebMoney account and exchange one currency for another by transferring funds from one wallet to another.
Wmz features
And yet, what is a wmz wallet, and how to use it? By registering in the system, any participant receives a so-called formal certificate. Having such a level, you can deposit rubles into your account and, through internal transfer to your wmz wallet, turn them into dollars at the exchange rate of the system in a matter of seconds.
Further, these virtual dollars can be paid in any foreign online store or auction. With a formal certificate there are quite wide restrictions on the withdrawal and transfer of funds, but having received other certificates, they can be removed. The owner of a personal certificate already knows perfectly what wmz is and what its advantages and nuances are. To obtain a personal certificate, you must confirm your identity by providing a passport to representatives of the system.
The nuances of working with wmz
Having a formal certificate, a participant in the system will not be able to transfer money to a real debit card, but after verifying his identity it is quite possible. A personal certificate opens up the widest possibilities for payment and transfer of funds to a participant in the system.
But there is a nuance. There is a clause in the text of the agreement between the system participant and the system that the system can unilaterally change the working conditions. This item alarms many, and not without reason. Although electronic currencies are convenient and efficient, their use is still fraught with a number of difficulties and risks. Risking or acting the old way, paying in cash, everyone decides for himself. What is wmz and does it make sense to use them - an individual question, and everyone has their own answer to it.