Multi-currency cards
Thomas Cook (India) Ltd, an integrated travel and travel-related financial services company, in collaboration with MasterCard Worldwide, has launched a ‘Borderless Prepaid Card’ which allows users to load up to eight currencies on a single card (view press release).
Features of the new service include instant loading, emergency cash disbursement and free replacement card in case stolen or lost and 24×7 global emergency assistance available via toll free access in over 80 countries.
Managing Director, Thomas Cook (India) Ltd, Mr Madhavan Menon said: “Thomas Cook India’s collaboration with MasterCard Worldwide in the launch of our innovative Borderless Prepaid Card is truly a resounding reiteration of our consumer centricity. Thomas Cook’s pioneering legacy as inventor of the travellers’ check in 1874 sees continuum in this historic launch of India’s first multi-currency travel card in the non-banking space.”
“In line with our global vision, MasterCard has always created possibilities for a world beyond cash. We are extremely excited about our association with Thomas Cook India and the launch of the Multi-Currency Forex Travel card. MasterCard is committed to providing convenient and safe payment options to travellers worldwide and we see this card as a significant step forward in our goal to become the card of choice for the overseas traveller.” said Mr T.V. Seshadri Division President, South Asia, MasterCard Worldwide.
Whitepapers
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