The age of digital payments has prioritised consumer needs over everything else.
Convenience, security, trust and affordability are prime factors driving the growth of this sector.
The Indian expat community comprises nearly 50 per cent of the total expat population in Bahrain and is well-known for having integrated effortlessly with the country’s socio-economic fabric.
Not only does the community contribute to the local economy and culture, it also consistently ranks among the top remitting nations from the GCC region to India.
This has helped cement the community’s position as an equal contributor to India’s growth story.
Keeping in mind the importance of a seamless and hassle-free experience to facilitate cross-border payments, LuLu International Exchange is constantly innovating its offerings to serve Indian consumers better.
By placing consumer experience at the heart of its services, LuLu Exchange has aligned its operational capabilities with Bahrain’s payments infrastructure, to ensure people in this part of the world take advantage of modern payment solutions to send money home faster, at lower transaction costs.
The company also remains focused on its vision of financial inclusion, through LuLu Money.
Such innovations showcase its commitment to make formal financial channels easily accessible to millions of alternatively-banked Indians in Bahrain who are in search of low-cost solutions to transfer money home.
On the occasion of the 72nd Republic Day of India, LuLu International Exchange conveys its warmest wishes to Indians across the world and reiterates its commitment to the cross-border payment needs of the Indian diaspora.