Published on Tue, Nov 25, 2008 at 15:45 | Source : Moneycontrol.com
Updated at Tue, Nov 25, 2008 at 17:03
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TimesofMoney ties up with Barclays Bank
TimesofMoney, India's leading e-payments and remittance service provider has announced a tie up with Barclays, a world leader in financial services, to launch bank’s remittance service – ‘Barclays Online Money Transfer’ for its customers in UK.
TimesofMoney, India's leading e-payments and remittance service provider has announced a tie up with Barclays, a world leader in financial services, to launch bank's remittance service - 'Barclays Online Money Transfer' for its customers in UK.
Barclays Online Money Transfer will enable the bank's customers in the UK to transfer money online directly to any Barclays account anywhere in India. The services will be extended to other countries as well in the near future. With the availability of the latest technology from TimesofMoney for the "Barclays Online Money Transfer" remittance service, customers can now transfer their monies in a secure environment conveniently.
Avijit Nanda, President, TimesofMoney, "With Barclays Bank joining TimesofMoney as a banking partner, it will help us extend our offering to the customers enabling secure online payments. This marks yet another significant milestone for TimesofMoney not only in terms of acquiring a very important partner but also in expanding the reach of our online payment offerings to major corporations. With the extension of our white labeled solutions, our partners can conduct their business with a higher level of security and greater convenience."
Speaking on the initiative, Samir Bhatia , Managing Director, India and Indian Ocean, Barclays Global Retail and Commercial Banking , said, "We are a global bank and are committed to provide a seamless banking experience to our customers in India. With presence in over 50 countries, our efforts converge towards providing services, whereby customers enjoy a distinct advantage in terms of mobility across geographies and the convenience of anywhere - anytime banking. Having partnered with TimesofMoney, who possess strong technology and risk management capabilities in the domain, we are now ready to offer convenient and secure remittance service to our customers and establish our presence in the segment"