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Krores extends its service to Philippines

United Arab Emirates: Sunday, February 01 - 2009 @ 11:24

Financial transactions cutting across the forged ceilings of credit risks, money in the bank, status, gender, caste and creed seem to be the order of the day. It has been a long and arduous journey for Krores; the company which has taken on the Herculean task of revolutionizing financial tools in emerging markets.

“We are extending our service to Philippines now. They can send money now through our visa enabled ATM card. The ability for our customers to access funds from any ATM or POS promptly, at over 23m locations worldwide, is very essential for them and for us. That is why we have created unique Krores Cards especially for these markets.”

said Vineet Katial, Chairman and Managing Director, Krores.

The Krores cards more than live up to their brand mantra of ‘more than money’, for they tilt the cost benefit in favour of the families rather than the financial institutions. With these cards they can send any amount for the same service charge. The beneficiaries can withdraw the cash instantly from any Visa ATM in the Philippines. Being VISA enabled also allows several privileges to its customers. It is a fast, efficient and cost effective way to transfer money.

It is convenient and funds are available immediately. It is a safer mode of transfer vis-à-vis carrying cash. The cards can be used on-line, in-store and on the ATM. The customers can view their transaction history on the Internet.

What’s more, the beneficiaries receive money as local currency. In a nutshell, Krores is providing a Money Management Tool simply disguised as a Card.

Krores is the first prepaid solutions provider which is focused on emerging markets. Krores’ mission is to provide a card in every wallet via prepaid instruments coupled with benefits of a credit and debit card for the ‘card-shy’ middle-class milieu. It has been aided in its mission by the ARY-group, an international conglomerate known for its uncompromising quality and absolute commitment. For Krores, it’s the global presence that ARY demands.

The registration forms are available with ARY agents across the country. The ARY –KRORES registration form is user friendly and can be easily filled under ten minutes. The customers receive their card at their residential address after ten days of registration. Customers can reload their Money Transfer Cards at any given time to send more money to anyone anywhere in the world.

By pioneering its unique products, Krores is firmly poised on capturing markets of India and Philippines; the two largest recipients of funds in the world.

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Sunday, February 1- 2009 @ 11:24 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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