- EbixCash, subsidiary of Ebix ( NASDAQ: EBIX ), appointed Jammu & Kashmir ((J&K)) Bank’s entire network across 1K branches as a sub-agent, to facilitate international remittance services for its Ria Money transfer business.
- EbixCash is a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena.
- The Money Transfer functionality will be effective Aug.15, 2022.
- Euronet Worldwide's ( NASDAQ: EEFT ) Ria Money Transfer is the second largest consumer remittance company in the world currently while EbixCash leads the international remittance business in India, based on gross transactional value.
For further details see:
EbixCash and J&K Bank sign agreement for facilitating money transfer services across branches