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WSFX Global Pay rises on launching visa forex card`WSFx Student Pay`
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WSFX Global Pay is currently trading at Rs. 112.35, up by 0.80 points or 0.72% from its previous closing of Rs. 111.55 on the BSE.
The scrip opened at Rs. 106.10 and has touched a high and low of Rs. 113.00 and Rs. 106.10 respectively. So far 2458 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 146.45 on 24-May-2024 and a 52 week low of Rs. 58.60 on 26-Dec-2023.
Last one week high and low of the scrip stood at Rs. 118.90 and Rs. 106.00 respectively. The current market cap of the company is Rs. 137.43 crore.
The promoters holding in the company stood at 59.78%, while Non-Institutions held 40.22% stake in the company .
WSFX Global Pay has launched its Visa Forex Card ‘WSFx Student Pay’, specifically designed to cater to the unique needs of Indian students studying abroad, ensuring convenience, security, and unmatched value. This launch marks the company’s transition to independently offering its cards, providing users with enhanced customization, control, and value. It represents a significant step in the company’s mission to redefine secure, seamless, and convenient financial solutions.
The international education market in India is currently valued at around $3.5 billion and is expected to grow in the coming years at an impressive rate, fuelled by the aspirations of countless Indian students pursuing higher education overseas. WSFx Global Pay’s Visa Forex Card is strategically developed to address the financial challenges faced by these students, offering a secure and efficient way to manage international expenses.
The WSFx Student Pay Card is thoughtfully designed to cater to the financial needs of Indian students studying abroad, offering unmatched convenience and value. With zero forex conversion charges, students can save significantly on every international transaction, while the Tap & Pay technology ensures quick and secure contactless payments for added ease and safety.
WSFX Global Pay (Formerly known as Wall Street Finance) is a leader in foreign exchange and money remittance services in the country and has been upgraded to the status of Authorized Dealer Forex-II by the Reserve Bank of India.
