Card-based money transfer company, Krores, has chosen to partner with RemitONE for its innovative remittance service. RemitONE will allow Krores’ payment network to integrate electronically with its customers’ systems. The Krores pre-paid ATM card is currently aimed at beneficiaries in India who do not have bank accounts. Once they have received their card, they can withdraw cash from any ATM anywhere in the world quickly and safely.

They can also use it wherever credit cards are accepted.

Because the Krores service does not rely on bank accounts, it has reached regions that are not normally served by money transfer companies. It is accepted in over 23 million places around the world.

The RemitONE system allows Krores to provide a fully integrated, automated service to its clients. It speeds up the transfer process so beneficiaries receive their funds faster.

Krores partnered with RemitONE after extensive research and evaluation of available money transfer systems. RemitONE’s flexibility and high quality service were deciding factors in the choice.

The Krores money transfer card is a new concept, currently only available to customers in India. However, the company has plans to expand its operation to China and the Philippines. It aims to process tens of thousands of transactions per month.