Banks, although launching Internet access to accounts, significantly facilitated the use of their services – they still did not give up time-consuming procedures.
By creating an account, it’s hard to avoid waiting. Firstly – to deliver a contract by post. Then, after reading and signing it, for return of it and re-verification by the bank. Although it might seem that, with the reading of the loopholes, the worst is over, the banks will make you wait again. This time to send a card. But it does not have to be that way. When you set up the Paymenticon electronic wallet, everything happens quickly, and you have the same options like in a bank. And even bigger.
Paymenticon account is used on attractive terms. It can easily replace a bank account without having to sign a multi page-contract. There is no need to wait long for creating and registering an account – data verification usually takes about 15 minutes. After this time, you can top up your wallet and make the first transfer.
Clear rules | Transfer funds
The rules of using the wallet are clear, as well as the price list. In Paymenticon, registration, payment and domestic transfers are free! The commission on cash withdrawal is only 1% of the amount taken. And when you decide to register your wallet, the first payment in the week is always free.
Bank on it
Every wallet in Paymenticon has an assigned IBAN number. It allows the transfer of funds not only between wallets, but also between a wallet and a bank. You can top it up by a bank transfer and conversely – you can withdraw money to your bank account.
Fast as lIghtning
You can use Paymenticon both online and stationary, at our partner’s premises. Stationary premises are equipped with special Paymenticon DTMs (equivalent to an ATM), which function similarly to the traditional ones. However, our DTMs have more options. Apart from deposit and withdrawal of cash, they also allow you to create and register your own account.
Company with a wallet
Apart from the wallet for individual customers, we also offer a company account at Paymenticon. Running a business wallet is cheaper than a traditional company account in a bank. Similarly to an account for natural persons, the owner of a business account may order a transfer to another wallet and transfer to a bank account. Paymenticon wallet can also be topped up with a transfer from a bank account. Of course, transfers between two business wallets are immediate and completely free. As part of the business wallet, the company may also use an options, cheaper than the bank, of external transfers.
By depositing money into a traditional bank account, you give the bank the right to use your money – transfer your funds as loans to other clients and institutions, or invest in securities. The Malta Financial Services Authority license, under which our company operates, allows you to store funds, but it does not give the issuer the right to invest and turn over user’s money. The funds deposited on the Paymenticon account are stored in secured accounts so that the wallet owner can withdraw the entire deposit deposited at any time.
As you can see, the convenience of managing money online, especially when it comes to online payments, is no longer just a domain of banks. It is worth to test the Paymenticon wallet to enjoy a faster and cheaper alternative.