UAE Exchange India Unveils 'XPay Wallet' payment platform

UAE Exchange India, has launched its Mobile app featuring QR code in India, now people can transfer money to another person’s wallet and to shops free of charge round the clock. People can also transfer money from their bank account to Xpay wallet and from wallet to bank account for a fee.

Devoid of generation-gap, people can make payments easily and instantly without typing too many details. Mobile recharge, person to person payments, payments to shops, online shopping, online movie ticket booking‎ and loading the wallet can be carried out in a fraction of seconds.

UAE Exchange is licensed by the Reserve Bank of India for issuing digital wallets. A digital wallet like XPay functions in lieu of a cash. Carrying cash comes with risks of theft, loss and the struggle for balance change when one wants to pay in exchange for day to day essentials. Digital wallets have outgrown Credit/Debit Card usage in India in the last year ushering in a new era of digital payments and there are more than 125 Million Digital Wallet users in India.

XPay wallet, a user friendly mobile app for paying money can be downloaded freely from Google play or from www.uaeexchangeindia.com. People can pre-load money in XPay wallet either from any of the branches of UAE Exchange, India or through net banking or through credit/debit card or from registered shops.

“Company invites all to download XPay wallet and use it for their payments and receipts and support India in moving to a digital economy. Mobile wallet can become a house hold habit if many people start using it for making payments which will bring convenience to the lives of the people”, said Mr. V George Antony, MD, UAE Exchange, India.

With almost two decades of experience in providing value-added services to customers, UAE Exchange, India delivers cost effective solutions through a combination of advanced technology, proven processes, and outstanding personnel in Foreign Exchange, Domestic Money Transfer, Loans, Tours & Ticketing, Insurance and Online share trading across the 400 branches in India.