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In Bengaluru as part of the pilot launch, more than 250 agents have signed up for the platform, which would be rolled out across India to primarily target SME Travel agents and student consultancies specialising in overseas education.
“Forex in the B2B space is a largely disorganised sector with agents ordering Forex for their clients through multiple offline channels, often requiring additional resources both in time and manpower for coordinating the transaction. This becomes challenging, especially when it comes to determining rates, arranging for delivery and collecting payments. TAM was launched to address these challenges and to streamline the process,’’ said Ananth Reddy, Founder and Managing Director, BuyForexOnline.
Source: travelnewsdigest.in