End-to-end solutions for mobile financial transactions
A versatile platform
Bancore is a sophisticated yet easy-to-use platform for money transfers for both private and business use. Services include a variety of cash-out options and bill payment services as well as easily implemented technologies for payroll management, invoicing and payment processing. Bancore can be integrated as a payment system on a web site or used via mobile phones as a safe and easy system for cashless distribution.
Attractive built-in services
Bancore provides end users with an instantaneous bank account complete with a prepaid Bancore Virtual VISA® or MasterCard®. Bancore also offers low-cost international calls and airtime top-up for more than 165 mobile operators in 80 countries.Bancore's services can be accessed from all types of mobile phones and web-browsers and are deliverable to anyone, anywhere in the world.
This is how easy it is to get started with Bancore: An end user opens a new Bancore account using a phone number as identification. The user is called and prompted to choose a PIN-code. Now, the user is ready to start taking advantage of Bancore's highly secure and easy-to-use platform. Once the user has added funds to the account by credit card, bank transfer or a voucher - or by recieving funds from another user - the prepaid Bancore Virtual VISA® or MasterCard® is available for use. Bancore even offers the option of purchasing a physical prepaid BancoreVISA® or MasterCard® card from selected retailers or by online order from the local subsite.
To learn how easy and fast it is to become a Bancore user, we invite you to watch our instruction video - or experience it for yourself through the sign-up feature.
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.