Prithvi Exchange secures in-principle approval from Visa for Forex Card Launch

Prithvi Exchange is pleased to announce that it has received an In-Principle Approval from Visa for the launch of its Forex Card program, marking a key milestone in its product and digital expansion strategy.

This approval signifies Visa's preliminary validation of the company's compliance framework, operational readiness, and customer onboarding processes, enabling Prithvi Exchange to proceed toward rollout, subject to completion of final requirements towards the BIN sponsorship model of issuance.

The proposed Forex Card will offer a secure, convenient, and globally accepted payment solution for travellers, students, and corporates, further strengthening Prithvi Exchange's position in the evolving forex and crossborder payments landscape.

This development aligns with the company's broader vision of building a technology-driven, diversified forex ecosystem, combining traditional services with modern digital payment solutions.

Prithvi Exchange remains focused on expediting the final launch and delivering a seamless, future-ready forex experience to its customers.

Shares of Prithvi Exchange (India) Ltd was last trading in BSE at Rs. 111.45 as compared to the previous close of Rs. 113.00. The total number of shares traded during the day was 1048 in over 22 trades.

The stock hit an intraday high of Rs. 117.00 and intraday low of 110.00. The net turnover during the day was Rs. 116955.00.

Source : Equity Bulls

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PrithviExchangeIndia INE621B01021 ForexCardLaunch Visa Approval