Business Wire IndiaIndia has started a surgical strike against black currency and terrorist funding by demonetizing present Rs.500 and Rs.1000 notes from Indian financial market. The sudden move from the central government has been widely accepted across the country to protect Indian economy. While addressing to the nation, Prime Minister Mr. Narendra Modi stated that Black money and corruption were the biggest obstacle in nation’s development and poverty eradication.
In support to the sudden but radical change, MD, UAE Exchange, India Mr. V George Antony expressed his full support through his words, “Foreseeing this, years back, UAE Exchange India had applied and got license from RBI for XPay Digital Wallet as early as 2009. Now we stand as a pioneer in digital payment with a fully functional XPay Cash Wallet.”
Every individual have to exchange the current 500 and 1000 rupee notes at nearby post office or banks before December 30, 2016. Those unable to deposit their notes by 30th December have to change the notes by March 31, 2017 through a valid ID card. Don’t be panic as you have enough days to make your exchange.
XPay cash wallet, the digital payment platform of UAE Exchange India will support every Indian to tackle this financial emergency not just today but even in the days ahead.
Why Xpay Cash Wallet?