Daijiworld Media Network - Mangaluru (JS)
Mangaluru, Nov 12: “UAE exchange's XPay cash wallet is very helpful in replacing 500 and 1000 rupee notes,” informed Sharath Shetty, regional head of UAE exchange India, here at press club on Friday November 11.
Addressing the media persons, Shetty said, “In support to the sudden but radical change MD, UAE exchange, India V George Antony expressed his full support through his words.”
“Foreseeing this, years back UAE exchange India had applied and got license from RBI for XPay digital wallet as early as 2009. Now we stand as a pioneer in digital payment with a fully functional XPay cash wallet.”
“Every individual has to exchange the current 500 and 1000 rupee notes at nearby post office or banks before December 30. Those unable to deposit their notes by 30th December have to change the notes by March 31, 2017 through a valid ID card.”
“XPay cash wallet, the digital payment platform of UAE exchange India will support every Indian to tackle this financial emergency, not just today but even in the days ahead,” Shetty added.
Benefits of XPay Wallet
Free of cost registration for customers and merchant
Payments to merchant for buying goods and services
Instant wallet to wallet money transfer free of cost
Instant money transfer to bank account