New fintech initiative Worldcore has announced it is adding bitcoin to the list of options for users to top-up accounts via the bitcoin payment processor BitPay. With this new partnership, Worldcore can offer its customers the ability to use the digital currency to top up their accounts and prepaid debit cards with ATM withdrawal limits of 4,000 Euros per day.
Worldcore allows customer access to international banking, e-currencies, and country-to-country transfers regardless of their country of origin. Users can also withdraw Euros or US dollars to any bank accounts or Visa and MasterCard debit cards with minimal fees. As a global cryptocurrency, bitcoin will give Worldcore’s multinational customers access to banking services without the need for credit cards, banking infrastructure, or currency exchanges.
The company, which recently introduced the EU’s first voice biometric security system, reportedly chose bitcoin in part because it limits the potential for payment fraud and chargebacks.
CEO of Worldcore, Alex Nasonov said: “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. Bitcoin will allow us to reach more people with that mission. With BitPay as our new partner, it’s ‘Easier than you think.’”
Marcel Roelants, BitPay EMEA General Manager, remarked: “Worldcore is leading the way in providing comprehensive banking services for the digital economy. 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.”