EXCEPTIONAL GROWTH

Technology offers and changes in both market and consumer dynamics are opening up newer opportunities for relevant businesses, according to TC Guruprasad, MD & Board Member of EbixCash Payments Solutions Division

- Abhishek Sharma

The payments business in India is growing exponentially despite the pandemic-led next normal. According to TC Guruprasad, MD & Board Member, EbixCash Payments Solutions Division, services are offered in every remote location in India today, opening up unprecedented opportunities.

While changes are seen in all aspects of payments, Prasad draws attention to the domestic money transfer business, and how it is helping people. “People are working in different pockets after the pandemic and they have to send money back to their families in different cities and even different countries. This changes much about the game and being in the same network can help,” Prasad says.