KoronaPay Europe
Template:Infobox Interbank Network KoronaPay Europe Limited (KoronaPay Europe Ltd.) is a Cyprus-based Electronic Money Institution providing international money remittance services to individuals, primarily focused on migrant workers in Europe.[1].
KoronaPay’s mobile application allows customers to make cross-border card-2-card, card-2-cash, account-2-cash transfers[2]
History
In December 2018, KoronaPay Europe Limited was granted Electronic Money Institution (EMI) license No. 115.1.3.30/2018 by the Central Bank of Cyprus[3]. Which has later been “passported” throughout all EU member states, Iceland, Liechtenstein, Norway and the UK[4].
At the first stage, KoronaPay Europe focused on money transfers from Europe to the CIS countries.[5] [6]. Currently, KoronaPay’s transfers can be received in more than 50 countries [3]
Interbank networks by region | |||||||||||||||||
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| Worldwide | |||||||||||||||||
| Africa |
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| Asia |
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| Europe |
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| North America | |||||||||||||||||
| Oceania | |||||||||||||||||
| South America |
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References
- ↑ "Overview of international money transfer services". Euro Weekly News. 28 March 2025. Retrieved 22 April 2025.
- ↑ "How to send money from the UK". Finextra. 30 April 2025. Retrieved 12 May 2025.
- ↑ 3.0 3.1 "TheBanks.eu Review: KoronaPay Europe Limited". TheBanks.EU. Retrieved 27 February 2025.
- ↑ "Top Alternatives to Bank Transfers for Sending Money". The Leader Newspaper. 28 May 2025. Retrieved 16 June 2025.
- ↑ "KoronaPay bids to shake up European money transfers as it hits $1bn in monthly remittances". EU Reporter. 7 February 2022. Retrieved 27 February 2025.
- ↑ "How to Avoid Fraud When Sending Money". EU Business. 25 March 2025. Retrieved 31 March 2025.
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