Thomas Cook India targets outbound remittances market with ‘TCPay’ launch, ET TravelWorld


Picture used for representation.

Thomas Cook (India), a pioneer in forex services, is targeting the flourishing outbound remittances market with the launch of TCPay, a cutting-edge digital solution designed to streamline international money transfers. This move comes amidst a staggering 25 per cent year-on-year growth in the outbound remittances segment over the past two years, signaling immense potential in this sector.

TCPay brings many benefits, revolutionising how individuals conduct overseas fund transfers. Gone are the days of cumbersome paperwork and limited operating hours; TCPay offers a paperless, 24×7 remittance experience through a user-friendly digital interface. The introduction of Video KYC further enhances security and convenience, allowing customers to complete transactions from the comfort of their homes.

To promote the launch of TCPay, Thomas Cook has unveiled an engaging video highlighting the ease and convenience of using the platform.

Deepesh Varma, Executive Vice President, Thomas Cook (India), said the company’s digital-first approach and its commitment to capturing a larger market share in the outbound remittances segment. He stated, “TCPay is not just a service; it is a reflection of our dedication to digital-first innovation and customer-centricity. Our aim is to provide smooth and seamless outward remittances for individuals and businesses alike, while also facilitating the digitization of the entire remittance process through our advanced digital services like Video KYC verification.”

With TCPay, Thomas Cook India is poised to redefine the outbound remittances landscape, offering unparalleled convenience, security, and efficiency to its customers.

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  • Published On May 11, 2024 at 11:05 AM IST

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