international money transfer

Thomas Cook (India) Limited’s shares were up by 2.26 per cent after the company launched TCPay, it is a service aimed at simplifying international money transfers. The company said sending money abroad involved visiting branches, cumbersome paperwork, and limited operating hours. TCPay aims to change this by offering a digital interface that allows for paperless transactions. The service is further enhanced by Thomas Cook’s recently launched Video KYC process, which enables customers to transfer funds conveniently from their homes.