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

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-937fc
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A video accompanying this announcement is available at
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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.

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