TimesofMoney

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TimesofMoney
Limited Liability Company
Industry E-Commerce, Online Remittances
Founded 2000
Headquarters Mumbai, India
Key people
Avijit Nanda
Website www.timesofmoney.com

TimesofMoney is an Indian digital payment service provider which operates internationally. The company’s services include NRI services, India centric and global money transfers and e-payments.

History[edit]

TimesofMoney was started by The Times Group in 2001. In November 2012, Network International, a U.A.E. based company, acquired a majority stake in Timesofmoney.[1] Until then, TimesofMoney was a 100% subsidiary of Times Internet Ltd., which in turn was a subsidiary of Bennet Coleman & Co Ltd., who continued as minority shareholders.

Times Group companies[edit]

Remit2India was launched on 14 February 2001[2] as a personalized online remittance service, which facilitates money transfers to India by non resident Indians spread across the world. The service provides global coverage, aggregates payments and delivery modes and claims to have the widest delivery network in India.

Remit2India has been criticized, by customers, for providing lower rates than advertised and withholding tranfers.[3]

References[edit]

External links[edit]