WebMoney enables payments in Bitcoin

All buyers, even non-members of the WebMoney system can now pay with Bitcoin (BTC) for products and services sold by WebMoney authorised shops.

Bitcoin payments will be received onto the seller`s account in WMX – the type of WebMoney Transfer title units. This payment approach aligns with the requirements for legitimate transactions using Bitcoin.

Let us recall that previously the system introduced a new type of purses - X-purse with WMX digital title units, which are the transferred for keeping rights for publishing of records in the publicly available database bitcoin.org.

To start accepting payments in bitcoin a seller registered in the WebMoney system has to set X-purse on the Merchant WebMoney service. WMX paid onto a seller`s account in the following exchange rate: 0.001 BTC to 1 WMX after receiving of a minimum of six transaction confirmations in bitcoin. The seller may choose to distribute the purchased product to the buyer at their own discretion at any stage prior to receiving all transaction confirmations.

WMX can be exchanged for other title units like WMZ, WMR or to bitcoins.

One of the first to accept payments in Bitcoin are sellers whose online stores are created on the Digiseller platform. These online stores include the trading platform with an instant purchase delivery Plati.com used by around 60 thousand traders worldwide.