Latest news with #Mony
Time Business News
13 hours ago
- Business
- Time Business News
Travel Smart in India: How Mony Is Revolutionizing UPI Payments for International Tourists
If you've ever traveled to India, you know the thrill of discovering ancient temples, vibrant street markets, and flavourful local food. But for many international tourists, one major roadblock stands in the way: making everyday payments. From ATMs that don't work with foreign cards to shops that only accept UPI, travelers often find themselves frustrated or stuck. Enter Mony: Your ultimate travel companion for seamless UPI payments across India. Mony is a revolutionary app that lets foreign travelers pay across India using UPI (Unified Payments Interface)—without needing an Indian bank account or SIM card. Just link your international card, and you're ready to go. No long KYC delays. No paperwork. No hassles. To make travel in India stress-free, immersive, and cashless. 1. Unlock the Real India Tired of overpriced tourist traps? Mony lets you shop and eat where locals do—from bustling bazaars to street food stalls. You can pay anyone with a simple QR scan. 2. No Cash, No Cards, No Problem No need to hunt for ATMs or worry about card rejections. Just top up your Mony wallet and start spending like a local. With UPI acceptance at 98% of merchants, your adventure has no boundaries. 3. Safe and Secure Mony keeps your payments protected with bank-grade security. No physical cards to lose, no SIM cards to activate. Just your phone and your sense of adventure. Real-Time Expense Tracking – Stay on budget without spreadsheets. – Stay on budget without spreadsheets. Smart Spending Limits – Keep your finances under control. – Keep your finances under control. 24/7 Customer Support – Got questions? We've got your back anytime. – Got questions? We've got your back anytime. Explore Hidden Gems – Get local tips and recommendations right in the app. When you travel with Mony, you're not just saving time and avoiding hassle—you're experiencing India without limits. Whether you're wandering through Jaipur's palaces, shopping in Delhi's markets, or relaxing on a Goan beach, Mony makes it easier to be spontaneous, connected, and fully immersed. Download Mony today and explore India like never before. No Indian bank? No SIM card? No problem. Mony is travel freedom—redefined. Q: Can I use Mony if I don't have an Indian SIM or bank account? A: Yes! That's exactly what Mony is designed for—foreign tourists without local banking or mobile setup. Q: Is Mony secure? A: Absolutely. Mony uses encrypted connections and follows industry-standard payment protocols for your peace of mind. Q: Can I use Mony anywhere in India? A: Yes. Mony works with any merchant accepting UPI QR codes, covering millions of outlets across India. TIME BUSINESS NEWS
The Independent
17-02-2025
- Business
- The Independent
MoneySupermarket firm raises dividend as insurance boosts revenues
The parent firm of MoneySupermarket has said it will hand out higher shareholder dividends and launch a share buyback after revealing a jump in profits. Shares in Mony Group lifted higher in early trading on Monday as a result. The London-listed firm told shareholders that it reported recorded revenues in 2024, as it benefited from growth in its insurance arm. We are proud to have helped customers save a record £2.9 billion - the more customers save, the more the group grows Peter Duffy, Mony chief executive Group revenues increased by 2% to £439.2 million for the year, compared with 2023. Insurance revenues grew by 7% to £235.6 million in the year, driven by a strong first half of 2024. This helped to offset weaker sales in its money, home services and travel comparison businesses over the year. It added that its breadth of business areas is set to help the company continue recent momentum 'despite headwinds in the car insurance switching market'. Mony revealed that its pre-tax profits grew by 11% to £80.2 million as it offset increases to its operating costs. The company said it will pay out a shareholder dividend of 12.5p per share, up 3%, as it also confirmed plans to hand up to £30 million to shareholders through a buyback. Peter Duffy, chief executive of Mony, said: 'We are proud to have helped customers save a record £2.9 billion – the more customers save, the more the group grows. 'We've done this by delivering strong performance both operationally and financially in 2024 as we continue to execute on our strategy. 'This includes encouraging customers to join our member-based propositions like the SuperSaveClub which, in turn, reduces our reliance on increasingly expensive pay-per-click (PPC) marketing.'
