Avenues India, an online payment solutions provider has come up with a new portal aimed at Non-Resident Indians (NRI) living overseas. Christened RemitGuru.com, the website will offer multiple payment solutions under myriad segments to quickly remit money.
Currently operational for NRIs in UK, other countries will soon have the facility. Speaking about the benefits for opting RemitGuru, Hershel Asmani, CEO of Avenues Payments India said, “RemitGuru aims to satisfy the needs of Indians abroad by providing a superior technology platform, user-friendly service coupled with the Best conversion rate guarantee, thereby redefining the way remittances that are being done till now”. In simpler words, the company seems to be working hard to garner the support of NRIs by offering easy-to-use payment solutions with lower cost of Currency Conversion. Usually, this ‘Conversion Charges’ vary according to the whims of the financial institution & Avenues India wants to get as many customer as possible who are looking for lowest charges.
Interestingly, the portal goes well beyond mere money transfer exclaims Vishwas Patel, Chairman, “The website is not only for money transfer but people can also pay for goods, recharge and travel related services offered by thousands of web merchants using Avenues’s CCAvenue Payment gateway solution” What this means is Indians sitting abroad could easily purchase merchandise to be delivered in India with foreign currency without having to juggle multiple accounts. Hence dependent families can easily have their bills taken care off or get a product home-delivered without worrying about inter-country currency difference & other issues pertaining to Foreign Inward Remittance.
A while ago there were very few options to send money in India. Barring a few State-Operated services, very few companies dared to offer such services. But lately, thanks to companies like Network International LCC who recently acquired TimesOfMoney, remittance procedures are set to get a whole lot simpler & hassle free. What do you think?