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Frequently Asked Questions

What is TECHNOCASH

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    What is TECHNOCASH?

    TECHNOCASH is a very flexible cash based payment service that allows for transfers of money, person to person or business to business, organization to members, to buy goods and services on the internet without the need for a credit card and the use and handling of multiple currencies. Foreign exchange services and the ability to pay others in may flexible ways. The main facility is the BillFold login which allows access to many of the services. Top



    What is a BillFold?

    We believe the TECHNOCASH BillFold is the safest and most convenient way of making payments and purchasing items on the internet. BillFolds can be purchased for as little as $9.50 (local currency). For this you will be issued with a card on which you can load money to spend on the internet. This is NOT a credit card. We use only absolute cleared funds, so it is ideal for those with bad credit, or for those too young for a credit card. This also means that when you shop online no one will have access to your personal account details. You only use money you have loaded onto your BillFold. The BillFold is more than just a safe means of spending your money, it comes packed with features like BillFold to BillFold transfers (perfect for online auctions), a SMS service to any mobile on earth(most anyway!), and a free message service to anyone else that has a BillFold. You also have the ability to manage your funds, add loose TECHNOCASH plus you get great discounts on things like Vodafone recharge packs. TECHNOCASH offers a variety of BillFolds to suit every level of society from individuals to multinational corporations. For more information on any of the BillFold products, click here. Top



    Can I convert TECHNOCASH into ordinary cash?

    In your handy BillFold there is a "to bank function" or "to foreign bank function", this allows you to make deposits to many local or overseas bank accounts for a small fee. Top



    How do I buy TECHNOCASH?

    TECHNOCASH can be purchased in a variety of ways. Firstly through Australia Post. Simply take a barcode printed off the web and go to any Australia Post outlet which displays the Giropost symbol (4000+) and get them to scan the barcode. Then hand over the desired amount, plus a $2 administration fee and you have safe, easy real "internet cash" to buy things with on the web! TECHNOCASH can also be bought via internet banking or through Wire and Telegraph Transfers to Technocash bank accounts. You can transfer any amount from your bank account into TECHNOCASH to spend on the net. BillFolds can be purchased through our website using internet banking or loose TECHNOCASH bought from Australia Post. The TECHNOCASH BillFold (home currency only) can be purchased for $9.50 and not only allows you to buy things, but comes with heaps of other great features packed into it. Global BillFolds which are multi-currency can be purchased for $38.00, and are great for business people as they allow multiple currencies to be used. There are a range of other BillFold types available. Top



    What personal information do i need?

    If you are starting online with a Temporary BillFold you will need to provide a name, email, phone number, and delivery address. You can also apply for any BillFold type by accessing the relevant application form online. For more information about identification requirements, see the FTR Form page on this website under the "Join" menu option. Top



    Do I need special software on my computer?

    All you need is access to the internet. This means that you can use TECHNOCASH or check your BillFold from any computer with internet access. Top



    What can TECHNOCASH do for my company?

    Technocash can provide companies with a variety of card products for membership and rewards, advertising, check replacement, deposit collections, and foreign exchange facilities. These can involve ongoing or short term active and passive income for your company. Top



    Can I use TECHNOCASH through my mobile?

    TECHNOCASH is an easy payment system to allow you to shop safely online. We primarily configure for applications using IE5 browsers. We do however want all phone users and palm pilots to be able to transact with TECHNOCASH and where appropriate encrypted services exist we will support them. Using your BillFold or loose TECHNOCASH codes you can pay for purchases. This is why we have a few extra buttons on our payment pages to allow for our flexibility. You can even send TECHNOCASH cash codes from your BillFold directly to your mobile phone via SMS! So you can literally hold cash in your phone. (Password and security issues should be considered when using this facility.) Top



    How long until my BillFold reaches me?

    You do not even need your BillFold card to access the money stored on it, or to add more funds. Your account and initial password will be emailed to you, and these are all that is required for you to get started. Your hard copy card for your purse or wallet, should arrive to your specified address within two weeks after payment. Top



    How long has Technocash been in business?

    Technocash has been operating since the year 2000, servicing tens of thousands of customers and regularly moving millions of dollars securely throughout the world. Top



    Is my money safe using the Technocash money transfer system?

    Yes. Customer accounts are accessible via a password-protected secure login system. Customers can select a login password and an additional “spend” password for additional layers of security. All Technocash transfers are secured using 128-bit SSL encryption, the most secure encryption available and used by almost all major banks. Transactions online require protected passwords and PIN numbers to access your account, and keyboard loggers are ineffective against our secure system. Top



    Is Technocash a licensed money transfer provider?

    Yes. Technocash Pty Ltd has an Australian Financial Services Licence, No. 247299. The Australian Securities and Investments Commission (ASIC) administers this Licence according to the Corporations Law and the Financial Services Reform legislation. Our Licence is your assurance that we will provide and promote our services Honestly, Efficiently, and Fairly. Australian regulations require financial services providers to meet strict capital requirements and procedures covering accounting and auditing, risk management, complaints handling and dispute resolution, and staff training. Top

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