Thomas Cook India has announced a significant expansion of its prepaid forex card portfolio, now accommodating 28 currencies. This development aims to cater to the evolving needs of Indian travellers who are increasingly seeking secure and seamless payment solutions for international travel. The expansion includes the addition of 16 new currencies, such as the Chinese Yuan, Swedish Krona, and Vietnamese Dong, complementing the existing suite of 12 currencies like the US Dollar and British Pound.
The move addresses the inconvenience and cost associated with multiple currency conversions, allowing travellers to load and spend directly in local currencies. This initiative is part of Thomas Cook India's strategy to enhance its leadership in travel and forex innovation, focusing on digital-first, secure, and efficient travel experiences.
The expanded currency suite is available on both Visa and Mastercard prepaid forex cards, ensuring global acceptance. Customers can purchase and load currencies through Thomas Cook India's omnichannel network, including retail outlets and digital platforms. The partnership with Blinkit allows customers to buy and load forex on their prepaid cards in under an hour, providing speed and flexibility.
Deepesh Varma, Chief Business Officer – Foreign Exchange at Thomas Cook India, stated, “Our expansion to 28 currencies for our prepaid Forex Cards is a direct response to evolving travel patterns, enabling our customers to transact seamlessly in local currencies whilst benefiting from greater transparency and cost efficiency.”
The prepaid forex cards also support contactless payments and digital wallet integrations, enhancing convenience for the globally mobile Indian traveller
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