BookMyForex associates with Indeed Lender to start Forex trading Card on Visa community – Inventiva

  • Customers will now be able to acquire Forex trading Journey cards On line at the correct interbank fee with Zero Trade Margin
  • Totally free doorstep delivery throughout main towns in India
  • The Contactless Visa card will involve the buyers to ‘just tapto pay’ 

Bangalore August 21:, the world’s 1st and most significant market for foreign exchange and remittances, announces the start of a co-branded Multi-Forex Forex trading Journey card in partnership with Indeed Lender and Visa to give a seamless practical experience to Indian overseas travellers. Customers will now be able to acquire Forex trading Journey Playing cards at the click of a button on the BookMyForex system and get totally free doorstep delivery throughout main towns in India. More, to encourage the sale of forex trading vacation cards in excess of forex trading currency notes, BookMyForex will give ZeroMargin or correct Inter-Lender rates 24×7 on Forex trading card gross sales. BookMyForex is also presenting new age and ever more preferred contactless cards that enable a consumer to only faucet their card on a POS terminal, a should-have feature in countries these as the Uk exactly where some merchants only enable contactless payments.

 Sudarshan Motwani, Founder and CEO, reported, “We are on a mission to bring comprehensive transparency in foreign exchange rates and encourage cashless forex trading transactions. BookMyForex-Indeed Bankcard permits us to give customised payment remedies to fit different prerequisites of global travellers. We shall before long be launching numerous new variants of this card that will enable hardly ever-just before features. Customers will before long be able to handle the Travelcards by way of the BookMyForex Cell App, significantly strengthening the end-consumer practical experience. We have been able to become the current market leader in retail forex trading by presenting transparent rates and a state-of-the-artwork transaction monitoring process to the buyers and we will carry on to give goods and products and services that will delight the global travellers.”


Ritesh Pai, Chief Electronic Officer, Indeed Lender reported, “YES Lender is delighted to spouse with BookMyForex to deliver productive digital payment remedies coupled with worth-added products and services to buyers although travelling overseas. These kinds of a partnership reinforces the rely on of sector players in the Lender and stands testament to its digital-1st solution in utilizing new-age banking remedies for the simplicity of its shopper.”

Murali Nair, VP and Head of Company Growth, India, Visa reported, “People who vacation overseas and to distinctive countries typically have to handle numerous currencies in funds and fear about the menace of reduction or theft. We are delighted to spouse with Indeed Lender and bring India’s 1st co-branded Multi-Forex Journey Prepaid Card to the buyers of BookMyForex. They can now vacation and use these cards in any component of the world with no stressing about their money’s security.”


Madhusudanan R, Running Director, M2P Remedies P Ltd reported, “With the burgeoning foreign vacation of Indian’s for leisure or operate, the Cash Card anchored all-around shopper advantage and security will improve the in general practical experience of employing Overseas currency vacation cards. We are delighted to spouse with Indeed Lender and BookMyForex to roll out this product in India.”


The card’s distinctive features deliver travellers overall control of their card at their fingertips. Travellers can load up to 10 currencies on the card. With the accompanying cellular application that will be rolled out by BookMyForex before long, buyers will be able to get real-time notification alerts and watch the INR equal of all shelling out quantities. Customers will also be able to keep track of their currency intelligent balances, identify surcharge-totally free ATMs nearby and reload their vacation cards although on the go. On top of that, in situation of suspicious transactions, the card can be effortlessly locked/ blocked by the traveller with no support from shopper provider. The BookMyForex-Indeed Lender Multi-Forex Visa card can be booked on BookMyForex’s site or cellular App and sent throughout all main towns in India in a managed delivery turnaround time of just 6 hours or fewer.

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