UAE Exchange plans multi-currency travel card for India

A must have information about UAE Exchange India travel card. Cash is the prime factor that facilitates your entire schedule, when you are planning for an overseas trip.

NEW DELHI: UAE Exchange, a leading global provider of remittance and foreign exchange services, is planning to launch multi-currency prepaid travel card services in India.

Dubai-based UAE Exchange has launched a new offering 'gocash' -- the Middle East's first multi-currency prepaid travel card -- and expects to launch similar prepaid products in other markets such as India, a top executive said.

The new product was launched in partnership with MasterCard in Dubai and allows the customers to load up to six currencies out of a bouquet of 15. The card can be used across 34.3 million MasterCard-enabled merchant locations and 1.5 million bank ATMs across the globe, apart from for online purchase, UAE Exchange said in a statement.

"We are expecting to provide similar offerings to our customers in other markets such as India," UAE Exchange's Chief Operating Officer (Global Operations) Y Sudhir Kumar Shetty said.

UAE Exchange has operations in 30 countries with more than 650 branches, making it the largest globally networked remittance brand in the world. It also has correspondent banking relationship with more than 150 global banks.

Highlights of Multicurrency Travel Card of UAE Exchange India

• Complete access for the users to travel across the globe
• Facilitates multicurrency acceptance
• Maximum convenience is assured for the users
• Acceptance in the merchant locations and ATM’s worldwide
• Embedded microchip ensures security at its maximum
• Exchange rate lock facility
• Multicurrency loading
• Australian Dollar, Canadian Dollar, US Dollar, New Zealand Dollar, Euro, UAE Dirham, Swiss Franc, Hong Kong Dollar, Saudi Riyal, Danish Kroner, Swedish Kroner,Japanese Yen, Singapore Dollar, Thai Baht, South African Rand and British Pound can be loaded into the card.

How can a Travel card benefits you?

Common awareness about travel card-the latest technologies is always essential to live in this competitive world. Nowadays frequent cross border travels are becoming a common site, thereby increasing the demand for foreign currency exchange. Earlier, Travellers cheque was the only way to carry currency overseas apart from physical currency for transactions, which has been replaced by prepaid cards which provider much better service than the latter.Even traveller cheque has got certain limitations while you travel abroad. If you are a frequent traveller and prefer to carry currency all the time, you may end up in great loss due to the high exchange rate. While considering all these factors, travel cards are the safest mode in your foreign travels. Multicurrency travel card makes you travel around the globe much easier and comfortable.

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