An electronic money and online payment system, WebMoney supports instant secure online transactions. WebMoney's popularity has been growing constantly mostly in the CIS (Commonwealth of Independent States) area - a group of former Soviet republics.
WebMoney Transfer claims that no less than 14 million people have registered to use its online payment service. According to estimates, WebMoney accounts for a share of approximately 25-30% out of Russian online payments.
Webmoney refunds are available for up to 30 days after the payment is received. Webmoney supports partial refunds up to the full transaction amount.