WSFx SecuSmart REMIT selected by RBI for test phase of cross border payments

As a new step towards digital transformation, Wall Street Finance Limited had applied for the admission of its Product "WSFx SecuSmart REMIT" to the RBI 2nd Cohort of the Regulatory Sandbox on 'Cross Border Payments'.

The company's product "WSFx SecuSmart REMIT" is selected for the 'Test Phase' by RBI and the same is duly announced by the Reserve Bank vide Press release dated 13th September, 2021 and the testing of the product shall commence from third week of September 2021.

WSFx SecuSmart REMIT is an innovative Digital Solution integrating various technologies providing a seamless digital experience from customer on boarding to transaction fulfilment with full compliance for all Personal Outward remittances for Individuals under LRS.

With this innovative product, the Company hopes to digitally transform the customer experience and journey for conducting his personal outward remittances and also create new opportunities for the Company.

Shares of Wall Street Finance Ltd. was last trading in BSE at Rs. 21.3 as compared to the previous close of Rs. 20.3. The total number of shares traded during the day was 3006 in over 19 trades.

The stock hit an intraday high of Rs. 21.3 and intraday low of 21.2. The net turnover during the day was Rs. 63964.

Source : Equity Bulls

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