Amid growing digital expansion in India, Myforexeye, a foreign exchange solution provider announced the revamp of its Android, iOS and web applications to simplify foreign exchange for traders, business communities and individuals.
The company further announced that its mobile applications with new UI Design are live now to make foreign exchange easier, the seamless, instant and low cost for importers, exporters, leisure and business travelers, medical tourists, students looking to study abroad and employers seeking for foreign jobs.
With digital going mainstream and the ever-growing smartphone population, India is expected to touch 530 million smartphone users by 2018 and estimated to cross 492.68 million Indian mobile phone internet users by 2022.
Leveraging this immense opportunity, the company is aiming for 1 million users by 2025.
These state-of-the-art apps are loaded with the widest features available such as money changing, ForEx travel cards, trade finance, ForEx research, corporate ForEx training, transaction ForEx risk advisory, rate audit and rate check, ForEx portfolio management services.
Myforexeye's apps provide an ecosystem where online users can get immediate help and ensure seamless transactions at lowest costs. It will tell you what all you can gain or lose on your foreign transactions with banks.
Usually, the trade cycle in ForEx varies from 4 to 24 hrs for importer or exporters. This app reduces the transaction cycle span from 24 hours to just two minutes. Users can chase banks for best transaction rates via alerts without getting into the hassle of referring to different experts, online search or following consultants.
"With India going digital and smartphones becoming our trusted managers for day to day tasks, we are confident that our latest foreign currency exchange mobile apps will offer enhanced the user experience, transparent market operations and complete audit trail for business communities and individuals. These Apps aims at simplifying ForEx for all and provide complete ForEx exchange solutions in just one click to customers," said Anand Tandon, Founder, Myforexeye Fintech Pvt. Ltd.(ANI)