New Launch10 Oct 2025, 05:12 pm
Eraaya Lifespaces' Subsidiary EbixCash Partners with Banking Circle to Simplify Cross-Border Payments for Indian Students and Travellers
AI Summary
Eraaya Lifespaces' subsidiary, EbixCash World Money Limited, has partnered with Banking Circle to facilitate direct settlements through local rails across major global corridors for Indian students and travellers. This collaboration aims to offer faster, more cost-effective, and fully compliant international money transfers, addressing the rising demand for seamless and efficient global transactions in India. The partnership also lays the foundation for scalable cross-border payout capabilities for SMEs and corporate flows pending regulatory approval.
Key Highlights
- EbixCash World Money has partnered with Banking Circle to simplify cross-border payments for Indian students and travellers.
- The partnership enables direct settlements through local rails across major global corridors including the UK, EU, US, Canada, Australia, Singapore, and the GCC.
- The collaboration aims to offer faster, more cost-effective, and fully compliant international money transfers.
- It also lays the foundation for scalable cross-border payout capabilities for SMEs and corporate flows pending regulatory approval.
- The move will drive efficient and fully compliant international payments for Indian students and travellers, offering real-time tracking, lower charges, and accelerated settlement.