WebMoney revenue growth – sign of new e-market repartition?

In February, 2008 WebMoney Transfer published Outlook 2007 that demonstrated an incredible growth of the giant of digital currency.  The number active accountholders exceeded 4 million with the strong tendency to hit the 5-million mark in the nearest future. Within 2007 the company was delighted to welcome 1,440,000 million of new registered customers. As it was announced the company processed transactions generated on over $3.33 billion with 27,000,000 million of individual payments.

The other successful direction for business development was considered the Webmoney Keeper Mobile that at present time provides about  170,000 users with the service.

It is foreseen the aggressive policy of the WebMoney leads to cut-off the market share of such historical market players as Western Union and MoneyGram, world-recognized leaders in the money transfer service provision. WebMoney is taken as a representative of a new generation of the e-market sharks that offer their clientele not only unified currency  but give the convenient way to transfer the money and pay the online purchases via internet and mobile and, as a result, WebMoney has all the chances to succeed.

Natalia, reporter of Ecommerce Journal