BookMyForex ties up with Sure Bank, Visa to launch forex card – Economic Periods
BENGALURU: Marketplace for overseas trade BookMyForex has partnered with Sure Bank and card payment corporation Visa to launch a co-branded multi-currency overseas trade card that aims to give a easy payments working experience to Indians travelling abroad.
The Gurugaon-centered startup explained it will give zero margin or specific inter-bank charges on purchases created by way of the forex vacation card in an exertion to promote their sale above currency notes.
“The card enables us to give customised payment options to accommodate different necessities of intercontinental travellers,” explained Sudarshan Motwani, founder and CEO at BookMyForex. “We shall quickly be launching several new variants of this card that will let hardly ever-before options.”
BookMyForex is also featuring new age contactless cards to let end users to spend by way of the ‘tap and go’ aspect. It will also give a cellular app to give manage above the use of the card to customers, who can set limitations on transactions and load up to ten currencies. They can even block the card in circumstance it is dropped or stolen.
“Customers will quickly be able to deal with the vacation cards through the BookMyForex cellular app, drastically increasing the end-person working experience,” explained Motwani.