NASDAQ OMX

Worldcore Payment Institution Transforming Banking Services; Adds Bitcoin as Payment Option for Account Top-Up

24.6.2016 19:10 | NASDAQ OMX

Del

PRAGUE, Czech Republic, 2016-06-24 19:10 CEST (GLOBE NEWSWIRE) -- Worldcore, in June, began accepting bitcoin via the bitcoin payment processorBitPay. With this new partnership, Worldcore became the first digital banking service to offer its 7,000+ customers the ability to use the digital currency to top up their accounts and prepaid debit cards with industry-leading ATM withdrawal limits of 4,000 Euros per day as a cost-effective payment solution for individuals, payroll, affiliate payouts, and other types of corporate payments.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d3a891b8-5cd0-4ade-a66c-937fcd498a85

A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ded06cf3-0f31-4f1c-b2a3-3e366fa934c0

Worldcore is a unique new player in fintech, allowing customers access to international banking, e-currencies, and country-to-country transfers regardless of their country of origin.  Worldcore users can also withdraw Euros or US dollars to any bank accounts or Visa and MasterCard debit cards with minimal fees. Worldcore's wide array of options has already appealed to many international businesspeople, emigrants, and travelers who rely on or send remittance payments across borders. 

As a currency for the global internet, bitcoin will give Worldcore's multinational customers access to banking services without the need for credit cards, banking infrastructure, or currency exchanges.

Bitcoin also meets Worldcore's rigorous security standards. The company, which recently introduced the EU's first voice biometric security system, chose bitcoin in part because it limits the potential for payment fraud and chargebacks.

"Our goal is to open up the global marketplace to businesses and consumers who aren't served by legacy banking and are looking for cost-effective, innovative payment products," said Worldcore's CEO Alex Nasonov. "Bitcoin will allow us to reach more people with that mission. With BitPay as our new partner, it’s ‘Easier than you think.’"

"Worldcore is leading the way in providing comprehensive banking services for the digital economy," said BitPay EMEA General Manager Marcel Roelants. "We think bitcoin can become the preferred method for international top-up payments, and we are excited to see how Worldcore's customers will respond to this new payment option."

About Worldcore

Worldcore online payment service provider offers a wide range of global payment solutions including access to bank payments, e-currency payments, prepaid debit cards, mass payments, payouts to any Visa/MasterCard credit/debit cards and international payment processing for both individuals and businesses.

Worldcore is brand owned and operated by EUPSProvider s.r.o., a Czech Republic-licensed payment institution regulated by Czech National Bank.

About BitPay

With over four years of experience in handling bitcoin payments, BitPay is the first and most experienced bitcoin payment processor. BitPay allows merchants to accept bitcoin payments from customers while pricing their products and receiving bank deposit settlements in their local currency.

The company has offices in North America, Europe, and South America and has raised over $32 million from top investors including Index Ventures, Founders Fund, and Sir Richard Branson.

         Media Contacts
         
         Worldcore
         Sean Patterson
         pr@worldcore.eu
         +420.777.878.985 (CZ Mobile)
         +1.602.561.2427 (US Mobile/FaceTime/iMessage)
         
         BitPay
         James Walpole
         media@bitpay.com

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