UK's Winvesta offers Indian diaspora cheaper payment gateway

The company claims that it will help reduce export cost by up to 8 percent with its foreign payment collections system for Indian exporters.

UK's Winvesta offers Indian diaspora cheaper payment gateway
CEO of Winvesta, Swastik Nigam. [Source: LinkedIn]

UK-headquartered Winvesta, a global investing platform for Indian investors, announced an extension service of the preexisting multicurrency banking facility.

The company claims that it will help reduce export cost by up to 8 percent with its foreign payment collections system for Indian exporters.

The process mainly focuses on buyers directly transferring to the local exporter’s account as Merchants get local account details in the US, UK, and most of the European countries.

Founder and CEO of Winvesta, Swastik Nigam claimed that the company is ‘excited to launch foreign collection accounts’ for businesses.