StockWatch
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Financial Technology (Fintech)
New Launch21 Jul 2026, 05:30 pm

WSFx Global Pay Launches Forex Card Distribution Platform

AI Summary

WSFx Global Pay Ltd (GlobalPay) has launched GlobalPay Connect, a Forex Card Distribution Platform aimed at expanding India's forex distribution ecosystem. This platform enables RBI-licensed institutions, including Authorized Dealer Category-II (AD II) Forex Dealers, Full-Fledged Money Changers (FFMCs), and Banks, to become Authorized GlobalPay Forex Card Distributors. Partners can offer secure, multi-currency forex cards supporting 30 currencies and accepted in over 180 countries, with features like Tap & Pay and seamless loading via the GlobalPay App. The initiative seeks to unlock new business and revenue opportunities for partners while strengthening GlobalPay's position as a nationwide distributor.

Key Highlights

  • GlobalPay launches GlobalPay Connect, a forex card distribution platform.
  • Platform allows RBI-licensed institutions to become authorized distributors.
  • Offers multi-currency forex cards supporting 30 currencies.
  • Aims to expand India's forex distribution ecosystem and partner revenue.
  • Strengthens GlobalPay's market position through strategic partnerships.