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TAFI signs MoU with IDFC First Bank for digital payment solutions

In a press communication received from Travel Agents Federation of India (TAFI), the travel agents’ associationhas expressedits delight on signing of a MOU with IDFC First Bank to facilitate the gamut of digital payments for its members across the country.
TAFI members can avail of this opportunity to get digital payment platforms for their Agencies, like POS machines, Payment links etc.
The press communication further states that the rates negotiated between TAFI and IDFC First Bank will be a winning proposition for both entities, details of which will be shared by TAFI soon.
The media communication further says that with Remittance Holding Capacity (RHC) = Financial Security (FS) coming in from 4th July 2022 for the IATA agents, TAFI member agencies will have better options for improved working capital and cash flows.
Member Agencies can contact the TAFI Secretariat or their local Chapter for details.

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