Ebix, Inc. a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, announced that Paytm has partnered with Ebix’s Forex subsidiary CentrumDirect, to offer money exchange services, to its vast user base in India, spanning more than 200 million Paytm users. The service is currently live on Paytm’s website and will soon be launched on Paytm Android and iOS apps.
Ebix, Inc. provides On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, the Company’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administrative and risk compliance, across the world.
Paytm is India’s leading e-commerce payment system and digital wallet company offering a boutique of services such as bill payments, international flight ticketing, movie and events ticketing, insurance, and loans.
Money exchange services
Managing Director for Ebix’s Forex, T.C. Guruprasad said that they are delighted to partner with a reputed player like Paytm. Currently, they are serving over 1.5 million transactions annually and their alliance with Paytm will further strengthen their client base. Paytm users will be able to benefit from their competitive exchange rates, a wide range of currencies and a dedicated post-sales service team.