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Digital banking service Worldcore starts accepting bitcoin

Starting this month, Worldcore, an online payment service provider, began accepting bitcoin via the leading bitcoin payment processor BitPay.

"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.’"

Founded in 2014, Worldcore is brand owned and operated by EUPSProvider s.r.o., a Czech Republic-licensed payment institution regulated by Czech National Bank. It offers 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 says that bitcoin will give its multinational customers access to banking services without the need for credit cards, banking infrastructure, or currency exchanges. The company said that the potential of bitcoin to limit payment fraud and chargebacks was the reason behind its decision to add support for the digital currency.

With this new partnership, Worldcore says that it has become the first digital banking service to offer its over 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.

"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."

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