Neluns - The Future of Financial Ecosystems

- September 03, 2018

What is Neluns?

Neluns is the innovative financial ecosystem, combining within itself a bank that can work with fiat and cryptocurrencies, as well as a cryptocurrency exchange and insurance company, creating the best conditions for the quality development of the cryptocurrency market, inflow of new participants and capital.

Issuance of bank cards After receiving a bank license and connecting to SWIFT, we will connect Neluns Bank to a variety of payment systems (Visa, MasterCard, American Express, and others).

As an issuing bank, Neluns will perform the following functions:

• Issuance of bank cards to clients.
• Authorization of payments at the request of retail outlets.
• Payment of merchant accounts by writing off corresponding amounts from the client accounts.
• Issuing cash money in any partnering ATM’s of Visa, MasterCard, American Express, worldwide.
• Security (blocking of accounts in the case of lost cards, etc.)

Holders of cards issued by Neluns Bank, will be able to pay for purchases. At the same time, payments in both fiat and cryptocurrencies are allowed. In case of payments being made in cryptocurrencies, they will be converted into fiat based on current Neluns Exchange market rates.

To make it easy, card issued by Neluns Bank use Contactless payment systems (MasterCard Contactless, Visa paywave, Apple Pay, Samsung Pay, Google Pay), modern, innovative technologies consistent with EMV (Europay+Mastercard+Visa) in accordance with the ISO/IEC 14443 standard.

Aside from this, Neluns Bank users will be able to deposit fiat in any ATM, anywhere in the world, onto their bank accounts.

In the future, we plan to develop our own POS-terminals. They will be installed in sales outlets of bank clients. Thus, Neluns will combine the functions of an issuer and acquirer in the future.

We have developed software products with 4 types of bank cards:

Lite – bank card released for first level verified users (email address). Users can participate in trades on the Neluns Exchange (with 1:5 margin trading). Trade sums cannot exceed $300.

Silver – bank card released for second level verified users (verification through social networks and mobile number). Users can participate in trades on the Neluns Exchange (with 1:10 margin trading) and the P2P lending platform. Trade sums cannot exceed $500.

Gold – bank card released for third level verified users (verification through identityverification and mobile number). Users gain access to all Neluns Bank services, Neluns Exchange (with 1:20 margin trading), Neluns Insurance. Restrictions on trade amounts are absent.

Platinum – bank card released for third level verified users (verification through identity verification and mobile number), who have deposited no less than $5000 in the Neluns Bank. Users gain access to all Neluns Bank services, Neluns Exchange (with 1:20 margin trading), Neluns Insurance. Restrictions on trade amounts are absent.

Neluns Visa and Neluns MasterCard bank cards: