![]() Financial Daily from THE HINDU group of publications Thursday, Nov 24, 2005 |
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Money & Banking
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Credit Cards & Debit Cards Logistics - Supply Chain Management Intrex partners Dept of Posts for Itz Cards Our Bureau
Hyderabad , Nov. 23 INTREX India Ltd has tied up with India Posts for distribution of Itz Cash Cards. Itz Cash Card is a multi-utility pre-paid card and is a safe and convenient mode of making online payments. The Principal Chief Postmaster General, AP Circle, Mr T. S. Govindarajan, in a statement, said the Postal Department now intends to sell several utility services leveraging the vast network and dedicated workforce. Such business activity will bring in more revenue to the Department of Posts apart from core activities. The Executive Director of Intrex India Ltd, Mr Naveen Surya, said, "Itz Cash Cards would initially be distributed through 30 post offices in twin cities of Hyderabad and Secunderabad. This will be extended to the post offices of other cities in due course. It is our endeavour to make Itz cash cards available in more places and small towns, so masses could benefit from e-commerce." Intrex India Ltd is a public company and is part of the Essel group.
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