Founded in 2005, Moneta began as a Russia-based payment method that was specifically aimed at the online casino and gaming industry, but has since expanded to provide payment services for a wide range of sectors in Russia and the Russian-speaking world. Here we review the best Moneta casinos and explain how this payment method works.
Casinos with Moneta
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Moneta has carved out a niche for itself as essentially a payment hub. It brings together all of the main payment options in Russia and the Russian Federation, including Yandex, bank transfers, WebMoney and so on. Their operation has expanded to take funding through over ten sources, providing users with an impressive range of options for making their online payments. It is even possible for users to make cash deposits into their online wallets at in-person retail outlets.
As a major payment provider, the online casino industry has increasingly been adjusting its payment protocols to accept Moneta transactions. As a result, you can use Moneta at a variety of well-known online casino sites.
Creating an account with Moneta
To create a new account with Moneta, the first stage is to check your eligibility. If you are a resident of a Russian-speaking country, this should be no problem, but it is a good idea to check your official eligibility on the site itself before you start the registration process.
To proceed with registration, you simply have to click on the Registration option which is located in the top right-hand corner on the home page. You will then gain access to a new page where you will be prompted to add personal details, including your name, date of birth, address, email and phone number.
You will also be asked to pick a password and a security question from the list provided by Moneta, which you will be required to provide every time you need to authenticate your identity.
Once you have set up your account, Moneta will authenticate your identity through email or SMS and you will then be able to choose which of the available payment methods you want to use to fund your Moneta wallet. You can choose to fund your wallet at this point or wait until you are ready to use it.
Making deposits and withdrawals with Moneta
Once your Moneta account is up and running you will be able to deposit funds at your favourite casino. First head to the cashier area of the site and scroll down the list of payment options until you find Moneta. Click on it and you will then be guided through the process of making a deposit.
The next stage will be to log into your Moneta account, confirm the details and submit the transfer request. The money should then arrive in your casino balance instantaneously.
You can also use Moneta for withdrawals. If you opt for this as your withdrawal option, the procedure is similar to the deposit process. Your money will be returned to your Moneta wallet and you can then choose to leave the money there or return it to your original banking method.
The time scale for withdrawals may vary according to which casino site you are using, as some platforms may take longer than others to verify and then authorise withdrawals.
It is also important to note that Moneta charge fees when they process payments, which range from 1% to 4% according to the original payment method used. There is also an upper limit on the amount of money you can transfer. The daily limit is 15,000 Roubles or foreign currency equivalent, and there is a monthly limit of 40,000 Roubles, although verified accounts can transfer 200,000 Roubles.
Advantages of Moneta
Moneta is a widely used payment wallet option that has many advantages for those who want to quickly fund and play using their online casino account:
- Accepted by a wide range of casinos, including some of the best known in the business
- Deposits and withdrawals are quick and easy to process
- The Moneta wallet is protected by a high level of security
- Moneta customer support is excellent
Disadvantages of Moneta
While Moneta may be an ideal payment wallet solution for many online casino players, there are some notable drawbacks of this service:
- A Russian-only service, designed for those in the CIS region
- The fees can be relatively high compared to some other providers
- Moneta has a relatively low withdrawal limit
Security is a high priority for any online financial transaction site and Moneta offers a high level of reassurance for those concerned about the safety and privacy of their financial details. In fact, we were impressed by the level of openness Moneta displays about the details of their security measures and the range of layers of protection that they have in place. These include:
- SSL server certificate
- Adheres to the Payment Card Industry Data Security Standard (PCC DSS)
- Double password protection
- Logging of all data changes, accesses and financial transactions
- 24/7 monitoring of security systems
- Licensed and backed by the Central Bank of the Russian Federation
Overall, the level of security offered by Moneta should provide plentiful reassurance for all users who are concerned about making safe and secure deposits and withdrawals.
As mentioned before, Moneta is only available to those who are residents in Russia or surrounding territories. But their service isn’t only open to Rouble transactions. You can make payments using the following currencies:
- Dollars – USD
- British pounds – GBP
- Euros – EUR
It is important to be able to access high-quality customer support when you are using an online transaction service, and we were pleased to see that Moneta offers an excellent service.
The Moneta site has a comprehensive FAQ section that covers all of the main issues you are likely to come across when using their service. They also have a useful online message service, enabling you to raise any questions you may have. Overall, we found the Moneta customer support platform was effective and should meet the needs of most users.
There seems to be little publicly available information regarding Moneta as a company, other than that it was founded in 2005, has a base in Moscow, and that it has become one of the leading payment providers within Russia and the wider Russian Federation.
As well as providing casino payment options, Moneta is well known as an e-ticketing and travel solution for airlines and is involved in a number of other sectors of the economy, particularly online retail. Their customer base is estimated to be an impressive 200 million users.
It is also important to note that there is a similar-sounding company, Moneta Money Bank, which is based in the Czech Republic and should not be confused with Moneta.ru.
Will I have to share my bank details with the casino when I use Moneta?
No. Using Moneta to make deposits and withdrawals means there is no need to share your bank details with any service provider.
What currencies can I use with Moneta?
Moneta processes payments in four currencies: Roubles, US Dollars, Euros and Pound Sterling.
Is there a fee for using Moneta?
Moneta charges a fee on transactions of between 1% and 4%.
Which online casinos accept Moneta?
There are many online casinos that accept Moneta. Compare all of them using our list of Moneta casinos.
Which online casinos accept Moneta?
Use the list of Moneta casinos to see all online casinos that accept Moneta payments. We filter the casino top list to only show Moneta casinos that accept players from your location.