Flexible funding of accounts
Bancore users can add funds to a Bancore account in a number of ways:
- Through traditional bank or credit card transfer
- By making a Money Request from another user
- By using the Bancore Direct function which safeguards against charge-backs
- By buying cash vouchers issued by a network of more than 500.000 retailers or through an independent, authorized Bancore Agent.
Security & Compliance
Bancore employs the highest standards of security. Bancore's systems are continually monitored by our security team deploying state-of-the-art fraud monitoring systems.
Bancore has obtained a Payment Card Industry Data Security Standard certification (PCI DSS) which is the same as required by banks. Our virtual payment cards are subject to the same security standards and guarantees for funds which are standard to any VISA®or MasterCard®.
Bancore's advanced KYC validation system for transactions ensures full transparency of the identity of users and recipients. This, combined with the transaction velocity system monitoring a range of parameters, allows Bancore to offer a unique best practice authentication platform for high volume markets, including the emerging ones.
Bancore is developing its business in close collaboration with established financial businesses such as VISA® and MasterCard®, who see the importance and potential in developing innovative, mobile solutions for money transfer and payments.