Discussion of article "Payments and payment methods" - page 159

 
Sergey Golubev #:

If you are about Webmoney so the users on Russian forum corfirmed - it was fixed and working (they wrote to the service desk asking to fix),
There are some posts about (machine translation to the English):



I have trying to follow the Russian side of the forum, but correct me if i am wrong, they seem to suggest it is possible to withdraw to a WMT wallet? Is this true? If so how is it done, the form where you have to specify your wallet seems only accept Z prefixed accounts. 

 
Ladykiller99 #:

I have trying to follow the Russian side of the forum, but correct me if i am wrong, they seem to suggest it is possible to withdraw to a WMT wallet? Is this true? If so how is it done, the form where you have to specify your wallet seems only accept Z prefixed accounts. 

WMZ is prohibited in my country so the WMT (which is USDT) is used instead.
So, you can withdraw to WMZ (if you are not from Russia for example) - because the withdrawal methods available here are sorted (in profiles) according to the local country's regulation (your country in your case, my country in my case, and so on) together with int'l financial rules/regulations.

But you should be validated user to withdraw the earned funds only - read this part of the article:

Payments and payment methods - Withdraw from account

Payments and payment methods
Payments and payment methods
  • www.mql5.com
MQL5.community Services offer great opportunities for traders as well as for the developers of applications for the MetaTrader terminal. In this article, we explain how payments for MQL5 services are performed, how the earned money can be withdraw, and how the operation security is ensured.
 
Sergey Golubev #:

WMZ is prohibited in my country so the WMT (which is USDT) is used instead.
So, you can withdraw to WMZ (if you are not from Russia for example) - because the withdrawal methods available here are sorted (in profiles) according to the local country's regulation (your country in your case, my country in my case, and so on) together with int'l financial rules/regulations.

But you should be validated user to withdraw the earned funds only - read this part of the article:

Payments and payment methods - Withdraw from account

explain what you mean?

 
Thomas Bradley Butler #:

explain what you mean?

Ladykiller99 asked (post ) about why validated users on Russian forum are talking about withdrawing to WMT but he is having WMZ (he was reading "Russian thread about withdrawal" with inbuilt online translation feature located in every post of the forum).
So, I explained on post (but he is not validated user to withdraw so it is strange about why he was asking about it ... anyway ...).
Discussion of article "Payments and payment methods"
Discussion of article "Payments and payment methods"
  • 2025.02.06
  • Presley Annais Tatenda Meck
  • www.mql5.com
New article Payments and payment methods is published: Author: MetaQuotes...
 
966346 #:
Support Team 2025.02.07 16:01 EN

Dear User,

This is permanent. Paypal will not return again in our payment option.

Best Regards,
MQL5.com Support Team

Welp no more paypal

Well, that sucks - thanks for posting. Wonder why they haven't announced it to us?

 
Thomas Bradley Butler #:

explain what you mean?

USDT is the digital equivalent of the us dollar in crypto and webmoney uses it to operate in certain regions if i understood correctly.

[if you use webmoney confirm this] so you could route to web money and then route to a tron wallet (hypothesis) and from the tron wallet to a crypto exchange.
 

It’s a stupid decision because cards are not working in UK. Will end up removing my products from here.

Crazy to make things difficult for sellers they will just leave.
 

The way things are now, it's not worth it to sell on the Market anymore. 

The bank card option does not work at all, I've tried a hundred times, and bank withdrawal is not an option as $3000 minimum is a lot for me, and for many other sellers I'm sure. 

That leaves Webmoney which is hella expensive to get my money out. With the 20-25% agent fees they charge its just not feasible. To exchange the WMZ to another currency or to exchange to PayPal or crypto is very expensive, and just not worth it. 

First we need to pay the 20% commission to MQL5, then 2% to withdraw, and then pay a further 20-25% in agent fees on Webmoney so by the time we get our money in the end we have lost nearly 50%, its insane, ridiculous. 

If they can't sort out the bank card withdrawal option or return PayPal, then it will not be worth it to continue selling here, and I'm sure many other sellers feel the same. 

MQL5 needs to sort out their $#!t.

 
Dustin Vlok #:

The way things are now, it's not worth it to sell on the Market anymore. 

The bank card option does not work at all, I've tried a hundred times, and bank withdrawal is not an option as $3000 minimum is a lot for me, and for many other sellers I'm sure. 

That leaves Webmoney which is hella expensive to get my money out. With the 20-25% agent fees they charge its just not feasible. To exchange the WMZ to another currency or to exchange to PayPal or crypto is very expensive, and just not worth it. 

First we need to pay the 20% commission to MQL5, then 2% to withdraw, and then pay a further 20-25% in agent fees on Webmoney so by the time we get our money in the end we have lost nearly 50%, its insane, ridiculous. 

If they can't sort out the bank card withdrawal option or return PayPal, then it will not be worth it to continue selling here, and I'm sure many other sellers feel the same. 

MQL5 needs to sort out their $#!t.

If you know since you use it , does webmoney charge a fee for sending on chain usdt too ?

 
That's how all services work. Plus, you have to pay taxes. That's why I personally don't understand all your complaints. It's normal to pay a commission to the store. Yes, there's also a commission for withdrawals. Then, you transfer all the money to your bank account and pay taxes to your country. That's how business works—it's normal. I've never used PayPal; I always withdraw directly to a bank account. Everything works perfectly.