With a lot of payment options coming out in the market today, finding the best one that not only ensures fast transactions but also promises a secure and convenient way of transferring money whether for funding or purchasing goods, should be something that should be decided carefully. In Russia, there is one payment option that promises both real time and high security transaction to all its clients–Moneta.

 

“Moneta is true to its promise to a quick and secure money transaction no matter what payment activity it is.”

 

Moneta is a popular payment method that started in 2005 and is still now widely used on any online payment transactions by the people of Russia. It is basically an e-wallet that you can easily but securely use to pay for your online activities or purchases. Its security features are very well designed such double password protection, system encryption, limited access by IP address and more which make transactions with Moneta safer and convenient to all its users.

Moneta is true to its promise to a quick and secure money transaction no matter what payment activity it is

Registration

Making an account with Moneta is just a walk in the park. It’s easy and does not require you to do a lot for the registration process just to make a valid account. All there is to do is visit the site and click the register button where you will be redirected to the sign-up page. From there, you will be asked only for your active phone number and e-mail address where the activation procedure will be sent for you to follow. You will also be asked to read and agree with the terms and conditions prior to proceeding to the next step which is the payment password and lastly the confirmation.

Security and Privacy

All money transfers by Moneta is processed in real time; thus, customers and merchants have instant access to the money. Since transactions are done immediately upon request, this payment method guarantees maximum user security of all personal and sensitive data. With Moneta, clients’ security and convenience is of topmost priority which is why it strengthens its features to make this service as reliable as possible. Double password protection, system encryption, limited access by IP address, and a separate authentication system for merchant payment system and financial transactions all make up a reliable online payment method. Once you are done with the registration process, you may now use Moneta in any monetary transactions with online merchants.

Funding Your Moneta Account

There are in fact a lot of ways that you can top up your Moneta e-wallet. One of the easiest ways is to directly connect your Moneta account to your bank account where you can use it to send funds to your account. If you don’t have either a credit card or debit card available, you can use other payment methods to fund your Moneta accounts such as Ukash and Neteller.

Deposit and Withdrawal to Casino

Moneta e-wallets are trusted safe and make secure transaction method making it a reliable deposit method option for many online casinos. Players can also use this payment method to withdraw their payouts from the casino. However, a disadvantage with Moneta is that its service is only available for Russian players.

Deposit

Making deposits with Moneta for your online casino is nothing but simple. When you are ready to make your deposit, all you have to do is to select it as your payment method to fund your online casino account. After selecting Moneta as your mode of deposit to your casino account, a deposit screen should appear on your screen where you will fill in the deposit request, enter the amount that you want to deposit then hit submit. After confirming the amount, you will be asked to log in with your Moneta login details and provide for the payment password that you made upon registering for your Moneta account in order to complete your transaction.

In order to secure your payment transactions, Moneta provides a timed transaction process where you will be provided with ten minutes to confirm the amount that you want to send and to finish your transaction. For any reason that it will exceed to the ten minutes transaction time without finishing your transaction, the process will go back from the beginning, thus, you have to repeat the process again.

Withdrawal

While making deposits on your casino account with Moneta is fast and easy, the withdrawal process may be a bit trickier. In order to make sure that funds are secure and accessible only to the clients, the process requires another step which will ask you to provide additional documentation that will be confirmed by Moneta management prior to proceeding with the withdrawal request which may take a few days.

While making deposits on your casino account with Moneta is fast and easy

Fees

Depositing to your Moneta account has transfer fees which can vary from 1 to 4% depending on the payment method used as a deposit option. Certain transaction fees may also apply on transactions made with Moneta.

Regulations

This e-wallet is currently only available in Russia. It supports currencies in EUR, GBP, USD, and RUB. Conversion fees may also apply in the transactions.

Customer Service

An FAQ Section is available on their website where a few frequently asked questions with answers for the users’ information. Users may also go to the website and reach the customer service via mail.

Pros

Fast and Instant Transaction

Secure transactions with efficient security features

No vigorous registration process

Cons

Available only in Russia

Withdrawals available within days

Users may also go to the website and reach the customer service via mail.

Verdict

Moneta is a third generation payment method that caters the demand of the people for a payment method that is simple, fast and no risk for any monetary transactions. It is a universal payment method that users can use in casino gaming, purchasing goods and paying bills. With its fast processing feature, your funds will be transferred instantly to the other end of the transaction as it is processed in real time. Its security features are also commendable making it one of the most trusted payment option provider in Russia.

What is Moneta?

Moneta is a Russian online payment system. It serves as an e-wallet which players can use for various online casino transactions. It was founded in 2005 by NCO Moneta.ru (LLC). It can be used not just for online casino transactions, but for other online purchases and payments as well. Several casinos give out additional bonuses for players who will use Moneta for deposit and withdrawal transactions.

Is Moneta a legitimate payment method used at online casinos?

Yes, Moneta is definitely a legitimate way to process different online payments. It’s a secure way to send and receive money since it is licensed, controlled, and regulated by the Central Bank of the Russian Federation. It also uses security measures to protect its users’ data. This payment method has over 200 million customers.

How does Moneta work?

Moneta works like an e-wallet. A user can deposit money to his Moneta account. What’s in his e-wallet balance can be used to pay for online purchases. He can use what’s in his account balance to transfer funds to his online casino account. It works like a prepaid card but without a physical card. It must be noted that each time a user deposits money to his Moneta account, he’ll pay a 1-4% processing fee.

What are the advantages of using Moneta for online casino transactions?

One advantage of using Moneta for online transactions is its security. Moneta is a licensed and regulated payment method so users are ensured that their personal details and banking information are safe with Moneta. It also offers over 10 ways for users to fund their e-wallets which makes it very accessible and convenient.

What’s the process for using Moneta as a deposit method?

Since Moneta works like a prepaid e-wallet, the user must first make sure that he has sufficient funds in his Moneta account. After logging in to his preferred casino, he must go to the banking or payments page and select Moneta among the deposit options. The user will be redirected to Moneta’s page. Once he has logged in, he must indicate the amount of the deposit and complete the rest of the transaction process.

What’s the process for using Moneta as a withdrawal method?

The process for withdrawing winnings through Moneta is pretty much the same as that of the deposit transaction. From the banking or payment page, the user should select Moneta as the withdrawal method. Then, he’ll be redirected to Moneta’s page where he’ll be asked to log in using his account details. Once the transaction’s complete, the withdrawal will be processed.

How can a player get a Moneta account?

Opening a Moneta account involves a simple and easy process. The first step is to visit Moneta’s official website. Then, the user must completely fill out a short registration form. After successfully completing the verification process, the user will choose among over 30 payment methods to fund his Moneta account. Once he completes the first deposit, he’ll be able to use Moneta for various online transactions.

What’s the average processing time for deposits and withdrawals using Moneta?

Moneta instantly processes both deposits and withdrawals. After receiving the confirmation email, funds deposited will instantly be reflected in the user’s online casino account balance. For withdrawals, cashed out winnings will appear in the user’s Moneta e-wallet as soon as the transaction has been completed.

Which online casinos accept Moneta as a payment method?

The following online casinos allow deposits and withdrawals using Moneta: Casino Adrenaline, Casino Jefe, Energy Casino, Jetbull Casino, Lucky Dino Casino, LVbet Casino, Queen Vegas Casino, Casino Luck, NextCasino, Caribic Casino, DrueckGlueck Casino, PlayFrank Casino, Netbet Casino, Slots Magic Casino, Wildslots Casino, and Quasar Gaming Casino.

Which currencies can be used for deposits and withdrawals using Moneta?

Even though it’s a Russian creation, Moneta actually accepts several currencies. Moneta processes deposits and withdrawals using the following currencies: Russian Ruble, US Dollar, Great British Pounds, and Euros.

What are the other uses of Moneta?

Aside from deposits and withdrawals at online casinos, Moneta can also be used for all other online purchases and payments. It can also be used to pay for memberships and subscriptions.