What is Borica?
Borica is a Bulgarian-based payment processing company that provides electronic financial services, including card payment processing, online banking solutions, and payment gateway services. Founded in 1995, Borica is one of the primary operators for card transactions and interbank payment systems in Bulgaria. The platform supports major card networks such as Visa and Mastercard, as well as local bank integrations. Borica offers solutions for businesses, financial institutions, and consumers, focusing on secure, fast, and reliable processing of electronic payments in both BGN and globally relevant currencies like EUR and USD. The company is compliant with international security standards, making it a trusted partner for digital payment operations across the region.
How to use Borica?
- Register an account with a participating bank or merchant.
- Link your debit or credit card (Visa, Mastercard).
- Choose Borica as a payment method during online checkout.
- Enter your card or account details as prompted.
- Confirm the transaction with requested security verification.
The pro's of using Borica
- Supports major international card networks, like Visa and Mastercard.
- High security standards, including compliance with PCI DSS.
- Fast payment processing for both domestic and cross-border transactions.
- Widely recognized by Bulgarian banks and regional retailers.
- Offers integration solutions for both businesses and consumers.
The con's of using Borica
- Primarily focused on the Bulgarian market; limited availability internationally.
- Customer support and interfaces may be limited in languages other than Bulgarian and English.
- Fewer features compared to global payment giants like PayPal or Stripe.
- Some merchants outside Bulgaria may not accept Borica payments.
