Remit2India.com - Numero Uno in the World

Company News,

MUMBAI, June 29

Picture this. India is the World’s No. 1 remittance receipt country. Remit2India.com is the World’s No. 1 Independent Online Money Transfer Portal for NRIs. No mean achievement thus. A fact certified by ACNielsen ORG Marg India, the world’s leading research agency, after an exhaustive and independent study. With a market of a formidable US$23 bn annually and a burgeoning Indian Diaspora of over 20 mn spread across the globe, this recognition is almost lethal in combination.

The study revealed that Remit2India scored over its competitors across a host of parameters including geographical coverage, pricing, payment and delivery options and product innovations. The competitors included a formidable list of portals such as Western Union, PayPal, Xoom, etc. Remit2India is a noted success in the world of web-based money transfers with operations across 31 countries including the United States, Europe, Canada and Australia.

Moreover, Remit2India has the distinction of having the widest delivery network in India. It enables direct credits into beneficiary’s account across 53 leading banks of the country, facilitates doorstep delivery of demand drafts across 6000 towns and enables ATM withdrawals across 15000 Visa ATMs with the Remittance Card facility.

Remit2India has entrenched itself deeply amongst the NRI community and offers the best exchange rates and the lowest fees. In a price sensitive industry, customers can save up to

US$30, vis-à-vis competition, and this has been the biggest differentiator.

The insignia of World’s No. 1 has set new benchmarks in the industry, and Remit2India is committed to safeguard its position hereon.

Vineet Jain, Managing Director, Times Group, said, “Nothing is perhaps more flattering for a company than having been adjudged the World’s No. 1 service in its arena. I am immensely proud that our company, Remit2India, has in such a short span achieved, what we envisioned at its inception, and today has emerged the undisputed leader and the preferred choice of thousands of NRIs. It was a path-blazing trail that we have treaded all along, courting innovative courses and challenges in a fiercely competitive industry.”