EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced that its Foreign Exchange Division - EbixCash World Money, has launched the Self Booking Corporate tool for business and corporates travelers, to further empower corporates with a spectrum of digital foreign exchange services.
With a variety of powerful tools that enable a Corporate to generate customized alerts and an MIS of all the associated activities, EbixCash’s Self Booking tool (SBT) provides a variety of seamless and hassle-free foreign exchange services to a Corporate. While increasing efficiency in booking and managing foreign exchange, EbixCash’s SBT provides an approval matrix setup to the corporate, besides functions like real time order updates and online invoice management.
“We are excited to be formally launching EbixCash’s Self Booking Corporate tool, as it is an important step forward towards enabling increased efficiency for corporate business travelers - a key business segment for us. We have already conducted successful pilot implementation with some of our key corporate clients. Now, we plan to roll the SBT across all our corporate clients expeditiously”. T C Guruprasad, Managing Director, EbixCash World Money said. “The tool will allow our clients to avail foreign exchange services digitally, through a hassle-free documentation process. With an included approval matrix, that can be set up by each of the corporates as they deem fit, EbixCash’s SBT empowers our corporate clients to customize the system in accordance with their corporate travel policies while generating customized reports.”
EbixCash is a subsidiary of Ebix, Inc. (NASDAQ: EBIX), with a leadership position in key businesses that it operates in, with a “phygital” strategy that combines over 650,000 physical agent distribution outlets throughout India and Southeast Asia as of December 31, 2021; with a Omni-channel online digital platform that offers its products and services encompassing domestic and international money remittance, foreign exchange (Forex), pre-paid gift cards, utility payments, travel services, and technologies across insurance, bus information systems, lending and wealth management in 75+ countries.
EbixCash World Money, the foreign exchange division of EbixCash Limited holds a leadership position in foreign exchange business in India, with a vast network encompassing 81+ retail branches, 250 franchisee partners and duty-free shops, 27+ bank clients, 1200+ corporate clients including top fortune 500 clients and 5-star hotels in India. EbixCash World Money is also a leading player in India’s airport and seaport Money Exchange business with retail kiosks in 16+ international airports, and 12 seaports.
With a "Phygital” strategy that combines over 650,000 physical agent distribution outlets throughout India and Southeast Asia as of December 31, 2021, to an Omni-channel online digital platform, the Company’s Financial exchange portfolio of software and services encompasses domestic and international money remittance, foreign exchange (Forex), pre-paid gift cards, utility payments, travel services and technologies for insurance, bus information systems, lending and wealth management across 75+ countries including India. EbixCash has Forex operations in approximately 16 international airports, including Delhi, Mumbai, Mumbai, Hyderabad, Chennai and Kolkata. EbixCash is a leader in the international remittance business based on gross transactional value. EbixCash, through its travel portfolio (Via.com and EbixCash.com), is one of the leading travel exchanges based in India and catering to Southeast Asian markets, with over 517,000 agents and approximately 17,900 registered corporate clients. EbixCash's financial technologies business offers software solutions to various clients in the areas of wealth, asset and lending management, insurance and bus information systems. EbixCash's business process outsourcing services provide information technology and call center services to a variety of industries. For more information, visit the Company’s website at www.ebixcash.com