Vasa and ItzCash chief business officer Ravi Singh have been leading Ebixs expansion strategy in India.
Link your Aadhaar PAN to your Prepaid Card to stay active!
However, Essel Group, who prior to the deal was the largest stakeholder in the firm, still holds 20 stake in ItzCash.The acquisitions of YouFirst and Wall Street Finances mtss inward remittance assets will give Ebix a 25 share of the inward international remittance market in India, strengthening its position in the financial exchange market in the country, Ebix said in a statement.Also, it offers an opportunity to expand the ItzCash services to markets like Australia and Brazil where Ebix has a strong distribution expanse.Of India directive, link your KYC (Know Your Customer) details to all your prepaid cards.It offers international inward remittance and foreign exchange services.
It claims to handle over.3 million transactions annually worth over 800 million.
For more information you aloft coupon code 2015 can visit m (Ensure that your Aadhaar PAN number keyed in is correct in order to avoid any inconvenience).
With the new investment by Ebix, the company is looking to foray into areas such as credit, insurance, healthcare, and investments to accelerate growth momentum going forward.
ItzCash And Ebix: The Synergy, ebix is a leading international supplier of on-demand software and ecommerce services to the insurance, financial, e-governance and healthcare industries. .
Ebix Chairman, President and CEO Robin Raina said.
With 40 offices across Australia, Brazil, Canada, India, New Zealand, Singapore, the US, and the UK, Ebix claims in an official statement to have conducted in excess of 100 Bn in insurance premiums annually on its platforms, With the youngest tech-savvy society, the largest middle.The acquisition will not only help expand our reach, but will help nurture cross-selling and revenue opportunities for our distribution outlets, said Robin Raina, chairman, president and CEO, Ebix.Ashok Goel, a serial entrepreneur and Vice Chairman and Managing Director of Essel Group company Essel Propack is currently the Chairman at ItzCash.With Digital India becoming more of a reality per day, it remains to be seen how ItzCash plans to battle it out in the fintech and ecommerce arena with the new funding.Singh, former head of India operations at Western Union, said, Having established our leadership in payments and domestic money transfer, we aim to drive our market share across international money transfer business as well.Top Countries, india 100.0.YourFirst has 36 mtss branches and over 10,000 sub-agents across India.Dear Customer, As per Government of India notification dated 1st June, 2017 for the Prevention of Money laundering (Maintenance of Records) Second Amendment Rules 2017 read along with Reserve Bank of India (RBI) Master Direction on Issuance and Operations of Pre Paid Payment Instrument date.