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Paytm launches Forex Services in 20 international Currencies, offers doorstep delivery in 48 Hours

Paytm launches Forex Services in 20 international Currencies, offers doorstep delivery in 48 Hours

The Paytm forex card and forex cash can be ordered on a real-time basis, and can be delivered at your doorstep within 48 hours.

Fintech startup Paytm (One97 Communications Ltd) on Wednesday propelled dispatch of its foreign exchange services for money exchange of best 20 worldwide international currencies, including the US dollar. The forex benefit, as of now accessible on the Paytm site, will before long be accessible on the Paytm application also. “These multi-money Forex Card and Forex Cash can be requested consistently, and can be conveyed to your doorstep inside 48 hours. It can likewise be helpfully gathered from any of our nearest partner seller’s outlets across India,” the Vijay Shekhar Sharma-run firm said.

Paytm likewise guarantees not to charge any commission, service charge or hidden charges on forex purchases, not at all like what is charged offline by forex vendors. Paytm’s putting forth incorporate US dollar, euro, pound, Chinese yuan, Hong Kong dollar, Singapore dollar, and so forth.

This new offering will supplement the necessity of regular explorers as they would now be able to purchase forex in a flash alongside their travel bookings. Paytm enables clients to secure in the present rates at the season of putting in a request by making a 2% partial payment with the flexibility to make the remaining payment at the time of delivery.

The forex card adjust can be checked on the website online and, in many ATMs, abroad. It can be utilized at all trader outlets and ATMs over the world.

You can load up to $250,000 in a financial year into the forex card and buy up to $3000 as currency notes. “We learned that our customers usually are in a need of a trusted and seamless forex service for themselves. We considered this as an important opportunity for us and are delighted to launch a convenient way of buying Forex Service on our platform. This is in line with our goal to be the most preferred destination for all travel needs,” said Abhishek Rajan, vice president at Paytm.

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