WSFX Global Pay
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WSFx Global Pay entered into a partnership with Mastercard Move, Mastercard's global money-movement capabilities, to extend its cross-border payments offering. The partnership was announced at Global Fintech Fest 2026 in Mumbai and covered capabilities spanning more than 200 countries and territories and 150-plus currencies. GlobalPay planned to progressively integrate the capabilities with its digital and API-led ecosystem for eligible student and education payments, personal remittances, and, progressively, business and trade-related payments, subject to regulatory requirements. The company operates a foreign-exchange and related-services business with 21 branches and had gross revenue of about ₹108 crore in FY26.
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WSFx Global Pay entered into a partnership with Mastercard Move, Mastercard's global money-movement capabilities, to extend its cross-border payments offering. The partnership was announced at Global Fintech Fest 2026 in Mumbai and covered capabilities spanning more than 200 countries and territories and 150-plus currencies. GlobalPay planned to progressively integrate the capabilities with its digital and API-led ecosystem for eligible student and education payments, personal remittances, and, progressively, business and trade-related payments, subject to regulatory requirements. The company operates a foreign-exchange and related-services business with 21 branches and had gross revenue of about ₹108 crore in FY26.
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Aug 3 (Reuters) - WSFx Global Pay Ltd WSFX.BO:
RECEIVES EXPANDED RBI AUTHORISED DEALER CATEGORY II LICENCE
Source text: ID:nBSE3m8tfz
Further company coverage: WSFX.BO
(([email protected];;))
Aug 3 (Reuters) - WSFx Global Pay Ltd WSFX.BO:
RECEIVES EXPANDED RBI AUTHORISED DEALER CATEGORY II LICENCE
Source text: ID:nBSE3m8tfz
Further company coverage: WSFX.BO
(([email protected];;))
WSFX Global Pay received a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India under the revised FEMA 401/2026 framework. The licence permits the company to handle trade remittances, appoint forex correspondents for money changing, and process eligible non-trade current account transactions including family maintenance.
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WSFX Global Pay received a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India under the revised FEMA 401/2026 framework. The licence permits the company to handle trade remittances, appoint forex correspondents for money changing, and process eligible non-trade current account transactions including family maintenance.
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What does WSFX Global Pay do?
WSFx is a leading entity licensed by the Reserve Bank of India specializing in Forex and outward remittance solutions. With a trusted reputation and a comprehensive suite of products, it caters to various customer segments.
Who are the competitors of WSFX Global Pay?
WSFX Global Pay major competitors are Saumya Consultants, Mangalam Indl. Fin., Oasis Securities, Standard Cap. Mkt., ICDS, Abhinav Capital Serv, Comfort Fincap. Market Cap of WSFX Global Pay is ₹80 Crs. While the median market cap of its peers are ₹79 Crs.
Is WSFX Global Pay financially stable compared to its competitors?
WSFX Global Pay seems to be less financially stable compared to its competitors. Altman Z score of WSFX Global Pay is 1.43 and is ranked 7 out of its 8 competitors.
Does WSFX Global Pay pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. WSFX Global Pay latest dividend payout ratio is 53.34% and 3yr average dividend payout ratio is 41.06%
How strong is WSFX Global Pay balance sheet?
The companies balance sheet of WSFX Global Pay is weak, but was strong historically.
Is the profitablity of WSFX Global Pay improving?
The profit is oscillating. The profit of WSFX Global Pay is ₹6.28 Crs for TTM, ₹3.24 Crs for Mar 2025 and ₹4.12 Crs for Mar 2024.
Is WSFX Global Pay stock expensive?
WSFX Global Pay is expensive when considering the Price to Book, however latest PE is < 3 yr avg PE. Latest PE of WSFX Global Pay is 13.26 while 3 year average PE is 18.03. Also latest Price to Book of WSFX Global Pay is 2.92 while 3yr average is 2.56.
Has the share price of WSFX Global Pay grown faster than its competition?
WSFX Global Pay has given better returns compared to its competitors. WSFX Global Pay has grown at ~22.79% over the last 5yrs while peers have grown at a median rate of 4.07%
Is the promoter bullish about WSFX Global Pay?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in WSFX Global Pay is 57.0% and last quarter promoter holding is 57.45%
Are mutual funds buying/selling WSFX Global Pay?
There is Insufficient data to gauge this.