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towns and cities in India. Any “ dashboard login. No extra markups
person with a phone and an internet are being charged to customers on
connection can easily order forex the rates or in the transaction fees.
from ExTravelMoney. Customers using Additionally, ExTravelMoney has
5. Rate Alerts - Customers using ExTravelMoney roped in hotels, travel agencies and
ExTravelMoney can set alerts so education consultants to their B2B
that they can be notified when a can set alerts so platform, “Agent Portal”. In this
currency they are interested in that they can be programme, members of the travel
buying reaches an exchange rate industry were sought out to be
value set by them. notified when a forex agents with extravelmoney.
6. Locked-in Exchange Rates - currency they com. They can order forex online
When booking a forex order the in lieu of travelers and students
exchange rate at which customers are interested in going abroad and thus arrange
have booked the order will be forex for them instantly and easily
valid to them for a specific period buying reaches at the best market rates.
of time. They can further lock an exchange rate The quality of service & the
the quoted exchange rate for a latest technology solution to
maximum of up to 2 days by value set by them vendors differentiates us from our
paying a refundable rate lock fee. competitors.
7. Home Delivery of Forex - We ExTravelMoney’s Strategies
offer door pickup/delivery services Identifying and solving the pain
for forex via our par tner exchange “ points of our customers
houses. For example, if a customer 1. Impeccable Customer
orders currency exchange, the from the comfort of their home. Service
exchange can be made from the All forex related processes like
comfort of their home or office rate enquiry, order booking, KYC 2. Competitive Exchange
without needing to visit the forex sharing, ease of payment with Rates
vendor. The requested currency different payment methods, quality 3. Excelling in our niche
will be delivered by the chosen customer supports etc are available
forex outlet after payment to them under one umbrella. We educate the Business Strategy -
via net banking. customers & help them to complete ExTravelMoney.com is much more
8. B2B Platform (Agent Portal) - a foreign exchange/remittance than a forex services aggregator.
We are an online forex marketplace
It is a portal for people working in transaction within the limits that provides solutions to both
the travel, service and study abroad prescribed by RBI & FEMA rules. customers and vendors grievances.
sector. Agents can sign up with For vendors, we are an easy and
ExTravelMoney and they would be cost-effective solution for customer Competitive Strategy - For
provided with a customized back- acquisition. Traditionally, the cost vendors, extravelmoney.com
end account. They just have to of acquisition of customers is very offers an easy and cost-effective
bring leads to ExTravelMoney and high for forex vendors. By signing solution for customer acquisition
for every successful conversion; up with ExTravelMoney, this cost and business management,
they’ll get paid a percentage of the becomes next to nil and they don’t both of which are traditionally
profit from that transaction. Using need to bother about advertising very high. By signing up with
their agent account they can even and bringing in customers as ExTravelMoney.com, this cost
input their own profit margins into our platform becomes an easy becomes next to nil and their
the transaction. customer acquisition avenue for customer acquisition becomes
Our Clients and Forex Vendors them. Forex vendors also get the simple.
benefit of having a useful backend
Our clients are both our customer platform where we share insights Dream to Bring One-Stop
Solution for all Forex Needs
and the forex vendors who have & analytics tools such as their sales
signed up with our platform. We per month, cancellation reasons, ExTravelMoney hopes to bring a
benefit them both at the same time. updating the status of an order, disruption to the brick and mortar
For customers, we are a way and profitability etc. Vendors state of affairs in the forex industry
through the power of technology.
to search for and book the best are quoting a rate directly to the We want to be the one-stop solution
forex rates in their locality easily customers by the help of a secured
│36│ │August 2019 │SwiftNLift│
