WorldCom Finance is happy to announce the establishment of a new business partnership with YES BANK of India. Yes Bank is the fastest growing bank in India. Currently it is India’s fifth largest private sector Bank with a pan Indian presence across all 29 states and 7 Union Territories of India. The bank has established over 630 branches in 375 cities of the country, as well as over 1150 ATMs across the country. Its large network makes it one of the most accessible banks of India. The bank has...
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The New Hong Kong JV - AT Services
Overview Pursuant to a Founders Agreement dated 1 November 2015 made between WIC WorldCom Finance Ltd. and Asia Telecom Ltd. (“Asia Telecom”), a Hong Kong licensed money operator was established on 24 July 2015 named AT Services, Hong Kong. A Licence for Operating Money Service Number 15-10-01732 was issued by the Customs and Excise Department for operating money service. The prime objective of AT Services will be to leverage the existing retail customer franchise of Asia Products...
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The Businesses of the WIC WorldCom Group of Companies
The WIC WorldCom Group is a specialist payment collection network, developed for cash-payment of bills, cash-payments of services, and cash-prepayments for mobile telephones and energy meters. With 3400 locations in Israel alone, WIC WorldCom Group is currently the market leader of the Israeli electronic prepaid market and the largest distributor of telecommunications merchandise. WIC WorldCom Group specializes in sourcing and distributing of telecom products such as cellular phones and accessories, and...
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WorldCom Finance Announces a New Hong Kong JV
WIC WorldCom Finance Ltd. has executed a Joint Venture Agreement with Asia Telecom Ltd., Hong Kong to jointly establish and operate a licensed money transfer operator named AT Services. The management of the WIC WorldCom Group has determined that the HONG KONG JV will enable WorldCom Finance’s business to develop further into the Asia Pacific region to positively materialise WorldCom Finance’s expansion targets primarily in contributing to a better product range, improve...
