LuLu Exchange: Committed to deliver on the digital fast track
With products like 'LuLu Now', which allows immediate credit to designated bank accounts instantly, LuLu Exchange remains at the forefront of technological innovation in this sector.
LuLu Exchange offers a one-stop shop for all remittances and payment needs
Published: Fri 26 Jan 2018, 3:23 PM
Last updated: Sun 28 Jan 2018, 5:26 PM
As India celebrates its 69th Republic Day, the country can take pride of its immense growth over the years. India is the world's seventh-largest economy and is growing faster than any other country in the world. By 2050, India's economy is projected to be the world's second-largest, behind only China. Even in terms of remittances, India has maintained top spot for several years in a row.
Remittances are an integral part of the burgeoning economy and a major source of income for many families. India currently ranks the highest, not only because of the sheer volume of the migrant labour force from the country, but also because of the ultimate desire of many to eventually return home to a better life.
Assisting remittances to the sub-continent is LuLu Exchange, an ISO 9001: 2015 certified organisation that has over the years grown to become the leading financial services brand trusted by expats to send money to their loved ones. With products like 'LuLu Now', which allows immediate credit to designated bank accounts instantly, LuLu Exchange remains at the forefront of technological innovation in this sector. The upcoming 'LuLu Money' app will have various features including instant online transactions, payment tracking in real time and payment history, among others. With plans to move nearly 30 per cent of its transactions on to the digital platform by 2020, LuLu Exchange is committed to remain on the digital fast track.
Besides remittances, customers can exchange foreign currency at competitive rates and avail other value-added services like credit card payments and mobile top-up for their home country, among others. The organisation also offers its customers the Gold Card, which allows them to obtain a host of benefits at LuLu Exchange bureaus, and discounts at various other shopping and hospitality partners.
LuLu Exchange currently has over 170 branches spread across the UAE, Oman, Kuwait, Bahrain, India, Seychelles and Philippines. LuLu Exchange salutes India on its 69th Republic Day and wishes the people of the great nation a very happy Republic Day.