iKoruna Payment System

iKoruna Payment System is a financial institution that offers electronic money issue and payment services to its users.

iKoruna Payment Systems, SE is the European public limited company. It’s a financial institution operating globally as an electronic money issuer and payment service provider. With the headquarters in Prague, Czech Republic, the company performs transactions according to the license of the National Bank of the Czech Republic since 2011. European Central Bank approved the license. iKoruna issues its own electronic currency “iKoruna”. iKoruna also works as a payment gateway and payment method aggregator for all types of businesses. It allows processing almost all types of online and offline payments. The system lets merchants accept credit & debit cards, such as VISA and MasterCard, virtual or electronic money (Yandex.Money, Webmoney, Liqpay etc.), and process payments through Internet banking or money transfer services. Individuals benefit from instant money transfer and payment services. Through its online service and mobile application, the company enables things like: recurring billing, online donations, currency and e-money exchange, offline shopping and payments. The gateway allows performing all transactions in any currency in any point of the globe. There are 2 major ways to tailor iKoruna possibilities for individuals. 1. Personal eWallet lets individuals perform all instant payment transactions, money transfer and other monetary operations, including easy and convenient withdrawal possibilities. 2. Anonymous Prepaid eCard lets performing the same spectrum of operations as with Personal eWallet, but with certain restrictions. Offline Payment Services Processing of offline payments in traditional shops, malls, and stores is possible through a) contactless NFC smart cards and NFC-enabled devices (Point of Sale (POS) terminals) in shops and other offline payment points for individuals b) QR code technology for fast payment acceptance from mobile devices for merchants NFC payments The owner of iKoruna Personal eWallet can request a contactless NFC smart card for offline payments. Likewise an individual can connect any other NFC-driven device (watch, wristband, etc.) with his Personal eWallet. Payments can be made anywhere where there is an NFC-enabled POS terminal, for example via a mobile phone. Money Transfer The key feature of iKoruna is the provision of seamless and instant remittance. Sending and receiving money becomes fast, safe and easy. With iKoruna eWallet an individual can transfer money to anyone and anywhere, even if the receiver (a friend, family member or any other person) has no iKoruna eWallet or eCard. Services for Merchants iKoruna merchant solution is designed for all types of online and offline business models, for any industry or size of business: financial institutions, e-shops, service provider and other organizations all over the world. iKoruna is a safe and trusted e-commerce payment gateway that consolidates all payment systems and methods into one solution for online and offline businesses. Merchant's account works as the major area for payment monitoring, administration and accountancy. iKoruna Merchant account lets accept payments: - from customers in any part of the world - in any currency - in any form (credit & debit cards, such as VISA and MasterCard, virtual or electronic money (Yandex Money, Webmoney, Liqpay etc.) - direct bank wire/bill/invoice Merchant account introduces great payment flexibility for online and offline businesses.