WSFx Global Pay Ltd — Important, 31-07-2026: Company Update
31-07-2026 | 05:21 pm
31-07-2026 | 05:21 pm
WSFx Global Pay has secured the renewal of its Authorised Dealer Category-II (AD Cat-II) Licence from the RBI, now granted in perpetuity with an expanded operational scope. This strategic update significantly enhances the company's cross-border payment and forex business capabilities. The perpetual licence ensures long-term operational continuity, while the broader scope allows for handling trade remittances, appointing Forex Correspondents for money changing, and facilitating eligible non-trade current account transactions. This move is expected to expand revenue streams and leverage new market opportunities under the revised regulatory framework, strengthening the company's position in the foreign exchange market.
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