Payments-Wallet Services Provider Paytm said on Wednesday that it has launched foreign exchange services in 20 international currencies.
Paytm said in a statement that it will offer "multi currency foreign currency cards and foreign exchange cash".
"This offer allows two-year partial payment with flexibility to make the balance payment at the time of delivery and lock-in current rates at the time of ordering."
Apart from this, the customer will not have to pay commission, service fee or other hidden fees on their purchase and cash withdrawal, the company said.
Customers can load up to $ 250,000 in foreign currency cards in the financial year and can buy up to $ 3,000 in currency notes.