Paytm launches forex services
Wednesday - July 11, 2018 2:50 pm ,
Category : BUSINESS
Paytm launches forex services
New Delhi July 11 (IANS) Payments-wallet services provider Paytm on Wednesday said it has launched foreign exchange services in 20 international currencies.
It would offer "multi-currency forex card and forex cash" Paytm said in a statement.
"This offering allows to lock-in the current rates at the time of placing an order by making a two per cent partial payment with the flexibility to make the remaining payment at the time of delivery " it said.
Further the customer would not have to pay commission service charge or other hidden charges on their purchases and cash withdrawals the company said.
Customers can load up to $250 000 in a financial year into the forex card and buy up to $3 000 as currency notes it added.
--IANS rrb/in
It would offer "multi-currency forex card and forex cash" Paytm said in a statement.
"This offering allows to lock-in the current rates at the time of placing an order by making a two per cent partial payment with the flexibility to make the remaining payment at the time of delivery " it said.
Further the customer would not have to pay commission service charge or other hidden charges on their purchases and cash withdrawals the company said.
Customers can load up to $250 000 in a financial year into the forex card and buy up to $3 000 as currency notes it added.
--IANS rrb/in
