WSFX Global Pay launches GlobalPay Connect forex program

1 min read     Updated on 17 Jul 2026, 09:56 PM
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Jubin VScanX News Team
AI Summary

WSFX Global Pay has launched GlobalPay Connect, a strategic Forex Card Distribution Program designed to expand its distribution network through partnerships with RBI-authorised entities. The program enables Authorised Dealer Category-II entities, Full Fledged Money Changers (FFMCs), and Banks to offer the company's multi-currency forex card solutions. This initiative aims to strengthen distribution capabilities and create a scalable platform for long-term growth.

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WSFX Global Pay has launched GlobalPay Connect, a strategic Forex Card Distribution Program designed to expand its distribution network through partnerships with RBI-authorised entities. The initiative allows Authorised Dealer Category-II entities, Full Fledged Money Changers (FFMCs), and Banks to partner with the company as Authorised GlobalPay Forex Card Distributors. This move aims to strengthen distribution capabilities and create a scalable platform for long-term growth in the forex card business.

The program leverages the company's four decades of foreign exchange expertise, its RBI Authorised Dealer Category-II licence, and its proprietary digital platform. GlobalPay Connect represents a significant milestone in the company's strategy to build a nationwide partner-led distribution ecosystem.

Key Features of GlobalPay Connect

The program offers a comprehensive product suite and end-to-end support for partners. The key features include:

  • Comprehensive Product Offering: Distribution of secure multi-currency forex cards supporting transactions in 30 currencies across more than 180 countries. Features include contactless Tap & Pay, 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.
  • Strategic Expansion: The initiative focuses on building a nationwide partner-led distribution ecosystem.

The company believes that GlobalPay Connect will expand its market reach and enable partners to establish and scale their forex card business efficiently.

Historical Stock Returns for WSFX Global Pay

1 Day5 Days1 Month6 Months1 Year5 Years
+0.45%-0.63%+1.13%+4.54%-11.86%+184.31%

How will the entry of WSFX Global Pay into the partner-led distribution model impact the competitive landscape of the Indian forex card market?

What are the potential revenue-sharing models and incentives offered to partners under the GlobalPay Connect program?

How might the RBI's evolving regulatory stance on digital payments and forex affect the scalability of this initiative?

WSFX Global Pay appoints Chethan S.A. and Vanishree Visrodia to C-suite roles

1 min read     Updated on 25 Jun 2026, 04:17 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

WSFX Global Pay has promoted Mr. Chethan S.A. to Chief Business Officer and Ms. Vanishree Visrodia to Chief Product Officer & Head - Strategic Alliances, effective April 1, 2026. Mr. Chethan, with over 20 years of experience, oversees business portfolio and sales, while Ms. Vanishree, also with 20 years of experience, leads product strategy and alliances. The company disclosed these appointments under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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WSFX Global Pay has strengthened its leadership team by promoting Mr. Chethan S.A. to the position of Chief Business Officer (CBO) and Ms. Vanishree Visrodia to the role of Chief Product Officer & Head - Strategic Alliances. Both appointments are effective from April 1, 2026, as disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Chethan brings over 20 years of experience in the Forex and Remittance industry to his new role. Having joined the company in September 2017, he has been a key driver of the company's revenue engine for over eight years. In his capacity as CBO, he continues to manage the business portfolio, overseeing B2B Sales, Retail, Student Business, Operations, and Card Distribution. His previous tenure includes serving as the National Head for Remittance at Essel Finance VKC Forex Ltd.

Ms. Vanishree, an integral part of the organization since October 2017, assumes the new role of Chief Product Officer & Head - Strategic Alliances. She possesses over 20 years of experience in the money changing and Forex industry. Prior to this elevation, she served as Head of Strategic Alliances & Corporate Tie-ups (India) at WSFX Global Pay, where she drove corporate revenue growth and managed key platform integrations. Her career history includes associations with industry leaders such as VKC Forex and Centrum Direct.

The company submitted the necessary details regarding these changes in designation to BSE Limited. The filing included the brief profiles of both appointees, confirming that neither appointment pertains to a directorship, rendering the disclosure of relationships between directors not applicable.

Executive Appointments

The following table summarizes the key details of the appointments:

Name Designation Effective Date
Mr. Chethan S.A. Chief Business Officer April 01, 2026
Ms. Vanishree Visrodia Chief Product Officer & Head - Strategic Alliances April 01, 2026

Historical Stock Returns for WSFX Global Pay

1 Day5 Days1 Month6 Months1 Year5 Years
+0.45%-0.63%+1.13%+4.54%-11.86%+184.31%

How will the combined expertise of the new CBO and CPO influence WSFX Global Pay's market share in the competitive Forex and remittance sector?

What specific product innovations or strategic alliances can be expected under Ms. Visrodia's leadership as Chief Product Officer?

How will Mr. Chethan's expanded role as CBO impact the company's revenue growth trajectory, particularly in B2B and retail segments?

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