Fxkart launches India's first FX booking app

Source: Fxkart

Fxkart.com, the online aggregator of Foreign Exchange Dealers, today formally announced the launch of India’s first forex booking mobile app for exchange of foreign currency, loaded with all new unique features.

With this, Fxkart.com aims to change the way consumers buy/sell forex in India through the use of technology.The app is available on the iOS and Play store.

Fxkart.com, a UAE based Free Zone Company having its R&D Centre at Bengaluru, is currently reaching out to people at 650+ locations across the length and breadth of India. The company aims to provide the consumers with the ease of instantly booking his forex requirement by locating the cheapest and nearest dealer in the city, bringing convenience to the traveler/ tourist to book forex with a click.

“The new app would answer all customer queries about foreign exchange through a personalized chat option. The app is geo-located, where users can enter the city or the locality from where they want to collect the foreign exchange, and automatically the screen would display the RBI licensed money changers in and around the locality along with the best rate,” said Abdul Hadi Shaikh, CEO of Fxkart.com. “Users will have to then select the best offer and based on customer requirement they can either collect it from the store or have it home delivered.”

International tourists have an option to book it even before they travel into India & can get the deal once they land at the airport. In the next update, customers will have an option to upload their documents, thus making a hassle free, haggle free transaction for the customer.

The biggest advantage of this app is that the customers can compare rates at transit destinations too and if the rate is better they can easily book a deal and order it at the airport or at their hotel too. For example, if someone is going to Spain via New Delhi from Aurangabad and have found a better rate in New Delhi, the customer can always place an order and get it in New Delhi.

“This is a revolutionary idea in the Forex space as the app lets you filter RBI licensed money changers by the best rates and by the distance too, thus saving the customer time and money with a click” added Abdul Hadi Shaikh. 

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