The past year has certainly been different for Econt for many reasons. One of them is that in the summer the company "Econt Financial Services" received a license from the Bulgarian National Bank for a company for issuing electronic money. Econt's goal is to make people's lives and business easier, with a focus on individual customers and start-up online retailers.
Ecoints is a digital wallet type mobile application, which can be used to make payments for Econt services. The main goal of Ecoints is to ensure free and secure payments. The application allows the payment of shipments and cash on delivery via a virtual bCard of Borika, which the customer feeds from the application. Thus, Econt closes the logistics process and provides access to a service that is provided for the first time in the field of logistics in our country.
This is the first, beta phase of portfolio building. It will be available for beta testing by a limited number of users before expanding its functionality to its full capacity.
For the testing period, the application offers three payment methods:
- via QR code. The code is generated by couriers and offices, and the customer scans through his Ecoints wallet.
- through a notification, which the client confirms in the wallet.
- directly on the Econt website by entering the virtual bCard number and the payment is processed by a virtual POS.
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The questions you ask |
The answers we give |
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Who is behind all this? |
Econt Financial Services is a startup in the Econt Group. The visionary and author of the idea is Nikolay Sabev, a major shareholder in Econt. The team is small and in the process of formation - at this stage 7 enthusiasts with experience in banking and financial operations, project management, payments, law, etc. |
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Why did you create Ecoints? |
Our goal is to offer Econt customers a fast, modern and secure payment process. We want to support the development of digital money and virtual payments, active online commerce and the creation of a payment ecosystem in the logistics sector. |
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What is the Ecoints technology and is it safe? |
The digital portfolio Ecoints has been developed jointly with one of the leading Bulgarian software companies, which has an impressive portfolio of financial developments around the world. Ecoints is based on state-of-the-art means for digital customer identification and payment verification. The means and data of our clients are maximally protected - not only from the most modern software protection protocols of the developer, but also from all standards required by the global ISO processes. |
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How can I deposit and withdraw money to / from my Ecoints account? |
Easy and fast - after registration, the client adds funds to his wallet from an existing bank card. Funds can be transferred back from the wallet to the same or another bank account.
At this stage, transferring money back to the bank card is possible only by deactivating the account, but with the development of the wallet, the payment freedom will be complete - money will be transferred to friends by phone, bank account, and payments to companies and online merchants. |
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What fees are there in Ecoints? |
Payments are free of charge. When deactivating the account and transferring funds outside it, a minimum fee of BGN 1.25 will be charged. |
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When can I install Ecoints on my mobile phone? |
From the end of December 2021, the application is available in the Apple store and Google play. |
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Where can I find more information? |
On our updated website www.ecoints.com you can find out about customer terms, our privacy policy, and beta testing options. |
