Pocket.mn 3.0.26

Pocket.mn 3.0.26

Invescore Wallet – Freeware – iOS
out of 23 votes
Latest Version
3.0.26
Safe to install

Streamline Your Finances with Pocket.mn

Pete Milner

Pocket.mn by Invescore Wallet offers a user-friendly platform for managing your digital assets and tracking spending habits effortlessly.
2025 Editor's Rating
VERY GOOD User Rating

The Pocket application is a product of “Invescore Wallet NBFI” LLC, incorporating AI and fintech technologies, offering online loan and payment services. Established in May 2019, “Invescore Wallet NBFI” LLC obtained its non-banking financial service license under Decree No. 327 of the Financial Regulatory Commission of Mongolia on November 25, 2019.

The Pocket application provides various services in compliance with Mongolian laws and regulations, including online loans, online payments and shopping, a QR-based payment system, and interbank transactions.

During registration on the app, users are required to verify their phone number and provide their National Identification Number along with their first and last name. The Privacy Policy ensures strict adherence to local regulations and laws, guaranteeing the confidentiality of private information in secure locations. The company is also compliant with the Anti-Money Laundering Commission and National Data Privacy Commission.

To apply for a loan, customers need to download the application from the App Store, register with valid information, undergo credit scoring through the AI system and the Centralized Loan Database of the Bank of Mongolia. This process helps prevent customers from obtaining multiple loans that could lead to repayment failures. Once credit scoring is completed and the Loan Agreement signed, customers can access their loan funds directly into their bank account or Pocket wallet without additional criteria.

The loan terms range from 14 to 180 days, with fees between 7.5% and 1%, and loan amounts ranging from MNT 20,000 to MNT 10,000,000.

Repayment of the loan can be done at any time without extra fees or interest rates. Customers receive timely repayment reminders via SMS messages, emails, notifications on the Pocket App, and phone calls from customer service. Repayments can be made directly through the Pocket application, local bank applications, local bank branches, and ATMs. Timely repayments enable customers to increase their loan amount, reduce fees, and earn bonus points.

Customers can accumulate bonus points through various activities like timely loan repayments (+6 points), regular payments (+1 point), reading daily news (+1 point), playing games (up to +5 points), inviting friends (+200 points), watching explainer videos (+50 points), among others. These bonus points can be used to enhance loan amounts and reduce fees.

For customer inquiries or assistance:

  • Customer service: (+976) 1900-1188; 7777-8885
  • E-mail: [email protected]
  • Facebook: PocketMN
  • Address: 15th floor, Twin Tower-1, Seoul street 10/1, Sukhbaatar district, Ulaanbaatar, Mongolia

Overview

Pocket.mn is a Freeware software in the category Business developed by Invescore Wallet.

The latest version of Pocket.mn is 3.0.26, released on 05/02/2024. It was initially added to our database on 04/04/2024.

Pocket.mn runs on the following operating systems: iOS.

Users of Pocket.mn gave it a rating of 4 out of 5 stars.

Pros

  • User-friendly interface that simplifies navigation and usage for both beginners and experienced users.
  • Supports multiple cryptocurrencies, giving users flexibility in managing their digital assets.
  • Built-in security features such as two-factor authentication to help protect user accounts.
  • Integration with various financial services to streamline transactions and investments.
  • Regular updates and improvements based on user feedback, ensuring the app evolves with user needs.

Cons

  • Limited customer support options, which can be frustrating for users encountering issues.
  • Some users report occasional glitches or performance issues when using the application.
  • May have higher transaction fees compared to some other wallets, reducing user's overall profitability.
  • Lack of advanced trading features compared to dedicated cryptocurrency exchanges, which may deter more advanced users.
  • The app may not support certain less popular cryptocurrencies, limiting options for some users.

Pete Milner

Pete Milner

I'm Pete, a software reviewer at UpdateStar with a passion for the ever-evolving world of technology. My background in engineering gives me a unique insight into the intricacies of software, allowing me to provide in-depth, knowledgeable reviews and analyses. Whether it's the newest software releases, tech innovations, or the latest trends, I'm here to break it all down for you. I work from UpdateStar’s Berlin main office.

Latest Reviews by Pete Milner

Screenshots (Click to view larger)

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