SelectCore Ltd. a prepaid telecom and financial services provider and transaction processor for the under-banked market, announced that the Company has secured an agreement to launch Virtual Visa through its Facebook Social Media / Mobile Remittance Platform, "SocialTime".

SocialTime currently allows Canadian Facebook users a safe and convenient way to top up prepaid mobile phones of friends and family abroad in real time. Soon, with the addition of Virtual Visa, users will be able to request, gift and deliver a Virtual Visa in real time.

A Virtual Visa works similar to other credit and stored value cards. It can be used for web / online purchases, telephone orders, bill payments or through any merchant where a physical card is not required.