Selectcore Ltd. announced its new online bill payment service. This new service is designed to allow consumers to pay their bills quickly and easily with their prepaid stored-value card account. SelectCore is now opening up a new market for online bill payment, bringing this valuable financial tool to underbanked consumers who do not have access to traditional banking.

Cardholders including government beneficiaries will be able to safely and conveniently pay their bills any time of day from anywhere online. The service supports online payments to thousands of payees including utility companies, cable providers, telecom carriers, landlords and more. The platform also keeps a record of all payments processed so cardholders can track and have more control over their spending.

Online bill payment is the latest in SelectCore's line-up of innovative prepaid banking tools that include email and text message balance alerts, mobile applications, card-to-card money share, Interac online top-up, and more. As SelectCore continues to broaden its product development initiatives, this service will encompass mobile banking and peer-to-peer payments.