WSFX launches GlobalPay Connect forex card distribution program
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WSFX Global Pay has launched GlobalPay Connect, a strategic forex card distribution program. The company will partner with RBI-authorized entities such as AD Category-II firms, Full Fledged Money Changers and banks to distribute its multi-currency forex cards. The cards support 30 currencies across 180+ countries and offer contactless payments, real-time card management and a self-service app. Partners will receive onboarding, tech integration, compliance, training and operational support. The move aims to build a nationwide partner-led distribution network using WSFX's four decades of forex expertise and RBI licence.
Wider distribution could boost forex card volumes and revenue, but near-term impact depends on partner sign-ups and execution.