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Golden Peacock Innovative Product Award for UAE Exchange's XPay Cash Wallet


News provided by

UAE Exchange & Financial Services Ltd

25 Apr, 2017, 16:47 IST

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UAE Exchange Logo (PRNewsFoto/UAE Exchange & Financial Service)
UAE Exchange Logo (PRNewsFoto/UAE Exchange & Financial Service)
XPAy Cash Wallet Logo (PRNewsFoto/UAE Exchange & Financial Service)
XPAy Cash Wallet Logo (PRNewsFoto/UAE Exchange & Financial Service)
Golden Peacock Innovative Product Award Photo (PRNewsfoto/UAE Exchange & Financial Service)
Golden Peacock Innovative Product Award Photo (PRNewsfoto/UAE Exchange & Financial Service)

KOCHI, India, April 25, 2017 /PRNewswire/ --

UAE Exchange India won Golden Peacock Award for 2 consecutive years. This financial year has marked a good start for the company by winning Golden Peacock Innovative Product/Service Award 2017 for mobile app XPay Cash Wallet. The prestigious award was received by Mr. Jos Babu, CIO and National Head - Digital, UAE Exchange India from His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Hon'ble Cabinet Minister of Culture & Knowledge Development, Govt. of UAE and His Highness Sheikh Ahmed bin Saeed Al Maktoum, President, Dubai Civil Aviation Authority, Chairman and Chief Executive, The Emirates Airline & Group and Chairman, Dubai World at the vivid function held at The Grand Hyatt Bur, Dubai on April 19th 2017.

     (Photo: http://mma.prnewswire.com/media/493908/Golden_Peacock_Award_XPay_Cash_Wallet.jpg )

     (Logo: http://photos.prnewswire.com/prnh/20161121/441477LOGO )
     (Logo: http://photos.prnewswire.com/prnh/20161121/441475 )

Mr. V George Antony, Managing Director, UAE Exchange India, shared, "We aim to adopt simple paradigm shifts that could create a mammoth effect to the services for all echelons. Each innovation draws us closer to the rural and urban population that still remains untouched with e-payment facilities."

XPay accepted by 1.2 million registered customers and 1,60,000 merchants performing various transactions had further value addition in its features. UPI integration has made XPay Cash wallet empowered with fastest bank transfers and account payments services. Customers can download the app from Google Play Store or App Store and register using Aadhaar number through OTP for online authentication. Bharat QR code will be available at all merchant locations facilitating customers to scan and transact using XPay.

XPay Cash wallet facilitates:-

-Enables Instant Domestic Money Transfer to Bank account,

-Periodic payments for utility service providers and institutions.

-Empowered with IMPS (Immediate Payment Service) service of NPCI (National Payment Corporation of India) for instant interbank electronic fund transfer service

-Instant Credit and Debit confirmations in the Mobile App.

-Merchant Payments with QR Code, QUICK Pay with Token and Pay with Mobile number

-Online flight, Bus, Taxi and Hotel booking.

-Online gifting services like Flowers, Bouquet and Gift delivery.

-Online registration and KYC verification using Aadhaar Number and OTP or Biometric finger print.

Company has recently launched daily cashback offers along with a grand prize of an iPhone 7 for customers downloading the app for any transaction.

For more information, visit Blog: http://bit.ly/2pcXSqS

About UAE Exchange India

UAE Exchange India, one of the pioneers of financial services that has an extensive reach of 376 branches serving a population of 1.25 million people under the proficient support of 3375 employees. The company has been instrumental in providing cost-effective service in Foreign Exchange, Outward Remittance, Money Transfer, Air Ticketing & Tours, Loans, Insurance and Share Trading.


Media Contact:
Reeba V K
Public Relations
UAE Exchange India
[email protected]
+91-9656004356

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