WSFx Global Pay Limited (GlobalPay) has launched "GlobalPay Connect", a strategic Forex Card Distribution Program designed to expand the Company's distribution network through partnerships with RBI-authorised entities. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Program Details
The program enables Authorised Dealer Category-II entities, Full Fledged Money Changers (FFMCs), and Banks to partner with GlobalPay as Authorised GlobalPay Forex Card Distributors. These partners can then offer GlobalPay's multi-currency forex card solutions to their customers.
Key Features
- Comprehensive Product Offering: Distribution of GlobalPay's secure multi-currency forex cards supporting transactions in 30 currencies across more than 180 countries
- Advanced Features: Includes contactless Tap & Pay functionality, real-time card management, and digital self-service through the GlobalPay App
- Partner Enablement: End-to-end support covering partner onboarding, technology integration, compliance, training, operations, and business development
- Efficiency Focus: Enables partners to establish and scale their forex card business efficiently
Strategic Significance
The initiative represents a significant milestone in GlobalPay's strategy to build a nationwide partner-led distribution ecosystem. The program leverages the Company's four decades of foreign exchange expertise, RBI Authorised Dealer Category-II licence, and proprietary digital platform.
Expected Outcomes
The Company believes that GlobalPay Connect will strengthen its distribution capabilities, expand market reach, and create a scalable platform for long-term growth in its forex card business.
Disclosure Information
The filing was digitally signed by Khushboo Doshi, Company Secretary of WSFx Global Pay Limited, on July 17, 2026 at 20:36:29 IST.