| Forex and Cross-Border Payments | Prepaid forex cards, outward remittances, currency exchange, digital platforms for individuals and corporates. | Visa principal membership, proprietary digital platforms, extensive B2B partner network, compliance certifications (ISO 27001, PCI-DSS). | B2C: Students, leisure travelers; B2B: Corporates and channel partners such as education consultants and travel agents. | Multi-currency and specialized premium cards, corporate forex solutions, digital remittance platforms. | 862 | 98 | Fees on forex card issuance, reloads, remittance transactions, and service charges on corporate platforms. | Transactional fees, card issuance fees, reload fees, subscription for platform access for corporates and partners. | Digital transformation, direct Visa card issuance, growing international travel and education demand, expanded partner network. | Global Pay Card, Xplorer Metal Card, Smart Switch Card, GlobalPay App |
| Financial and Allied Services | Limited financial products like fixed deposits, leasing, portfolio management, bill discounting. | | Primarily B2B corporate clients and select retail. | | 1 | 2 | Service fees and financial charges from allied services. | Traditional fee-based and interest income model. | Focused forex and payments growth; this segment is minor and stable. | |
