/payments

News and resources on payments systems, innovations and initiatives worldwide.

Travelex adds currencies to pre-paid card

Travelex, a market leading foreign exchange brand, has added a further seven currencies to its pre-paid currency card, the Travelex Money Card (TMC).

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Customers can now upload and spend Norwegian Krone, Danish Krone, Icelandic Krona, Hungarian Forint, Thai Baht, Hong Kong Dollar and Singapore Dollar on their TMC, taking the total number of currencies available on the card to 22.

The seven currencies have been added as a result of growing demand for Asian currencies as travel across Asia continues to rebound post-pandemic, and Travelex’s commitment to growing its TMC currency range, including across Europe.

The launch of the new currencies marks the latest milestone in Travelex’s digital transformation journey, which has seen the FX leader increase investment into and development of its digital infrastructure and products. Last year Travelex introduced an industry-first automated, self-service digital kiosk at London Heathrow, which followed the launch of the retail foreign exchange industry’s first ever ATM click-and-collect product. Travelex has also been investing in new digital, self-serve concept stores across its international portfolio, as well as upgrading its backend and cloud digital infrastructure.

Simon Jackson, Chief Customer Officer, Travelex said:

“As the only global provider with cash and card offering, our proposition empowers consumers with the ‘best of both’, offering travel money solutions that work for all needs. With the TMC expanding its currency offering, we are proud to offer customers convenience, flexibility and security when spending money abroad in more countries than ever before.” 

Sponsored [Webinar] Beyond Open Banking – Exploring the Move to Open Finance

Related Company

Keywords

Comments: (0)

[Webinar] Operational Resilience in the age of DORAFinextra Promoted[Webinar] Operational Resilience in the age of DORA