Either through local banks, passive payment card issuance, or existing remittance networks.
Ability to Instantly Bank Anybody:
Independently of where and when, a virtual payment card can be issued to anybody, globally.
With just a swipe, funds can instantly be transferred by a Bancore user
to anyone in the world, and at a lower cost than existing channels.
More Relevant Banking:
By combining the instant account/card issuance with the “Bancore MarketPlace”, global consumers are offered a more relevant range of services, making Bancore’s ”banking” option and range of ”payment”
services the best alternatives available.
No Banking License Needed:
Using the existing layer of regulated financial infrastructure, Bancore has
no need for a banking license or payments license anywhere.