TimesofMoney

TimesofMoney
Limited Liability Company
Industry E-Commerce, Online Remittances
Founded 2000
Headquarters Mumbai, India
Key people
 Avijit Nanda
Website www.timesofmoney.com

TimesofMoney is an Indian digital payment service provider which operates internationally. The company’s services include NRI services, India centric and global money transfers and e-payments.

History

TimesofMoney was started by The Times Group in 2001. In November 2012, Network International, a U.A.E. based company, acquired a majority stake in Timesofmoney.[1] Until then, TimesofMoney was a 100% subsidiary of Times Internet Ltd., which in turn was a subsidiary of Bennet Coleman & Co Ltd., who continued as minority shareholders.

Times Group companies

Remit2India was launched on 14 February 2001[2] as a personalised online remittance service, which facilitates money transfers to India by non resident Indians spread across the world. The service provides global coverage, aggregates payments and delivery modes and claims to have the widest delivery network in India.

Remit2India has been criticised, by customers, for providing lower rates than advertised and withholding transfers.[3]

References

  1. ↑ http://www.timesofmoney.com/TOM/html/media-room5_2012.jsp
  2. ↑ "Remit2India". compareremit.com. CompareRemit. Retrieved 18 July 2014.
  3. ↑ http://mythreecents.com/reviews/remit2india

External links

This article is issued from Wikipedia - version of the Thursday, November 12, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.