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Avenues India launches remittance solution RemitGuru.com

Online payment solution provider, Avenues has launched RemitGuru.com,
an online remittance service created to meet the needs of the Indian Diaspora
living overseas. Currently, the service is operational in United Kingdom and it
will soon be extended to countries like United States, Canada, Germany and
Singapore.

Online payment solution provider, Avenues has launched RemitGuru.com,
an online remittance service created to meet the needs of the Indian Diaspora
living overseas. Currently, the service is operational in United Kingdom and it
will soon be extended to countries like United States, Canada, Germany and
Singapore.

Speaking at the launch, Hershel Asmani, CEO of Avenues
Payments India said, “RemitGuru aims to satisfy the needs of
Indians abroad by providing a superior technology platform, user-friendly
service coupled with the Best conversion rate guarantee, thereby redefining
the way remittances that are being done till now.”

Vishwas Patel, Chairman of the company said, “The website is not only for money transfer but people can also pay for
goods, recharge and travel related services offered by thousands of web
merchants using Avenues’s CCAvenue Payment gateway solution.”

Speaking on the technology employed by the portal, Amit
Badiyani, Director Technology informed, “All our
customer data is extremely secure and our systems and processes are compliant
with the Payment Card Industry Data Security Standards 2.0 from day one of its launch.”

The company will soon come out with mobile apps for the iOS,
Android, Windows and the Black Berry platforms for money transfer, said
Badiyani.

As per a World Bank Report, India is the top remittance
receiver in the world, with US$ 70 billion worth in 2012.

Avenues is South Asia’s ecommerce
service provider which provides payment gateway services to thousands of web
merchants across the world through its solution and other
industry vertical specific solutions. The company claims to process more than
100 million transactions every year.

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