Thomas Cook India Partners Euronet Worldwide To Create Next Generation Prepaid Travel Cards
Travel related financial services company Thomas Cook (India) on Tuesday (29 August) has announced a strategic partnership with Euronet Worldwide to introduce additional benefits on its prepaid travel cards in the country.
The Thomas Cook India-Euronet partnership aims to create the next generation of prepaid travel cards which are customized to cater to the enhanced requirements of travellers.
Euronet becomes the exclusive technology partner for Thomas Cook India`s prepaid travel card programmes: Borderless Prepaid and One Currency.
The Borderless Prepaid multicurrency card is a secure and convenient way to carry 8 global currencies in one card (US Dollar, Great British Pound, Euro, Canadian Dollar, Australian Dollar, Japanese Yen, Singapore Dollar, Swiss Franc), with benefits of emergency cash, surcharge free ATM withdrawals in certain countries and insurance against fraudulent transactions.
All cards issued by Thomas Cook India will be hosted and managed on Euronet`s payments processing and card issuing platform.
Mahesh Iyer, Chief Executive Officer, Thomas Cook (India) Ltd, said, “With the world moving rapidly into the digital era, the smart tech-savvy protagonist traveller of today has spurred the demand for cashless transactions that offer value and convenience. We have hence partnered with Euronet, the leaders in the electronic payment space to bring a groundbreaking product that offers maximum benefit to customers.”
“Euronet is happy to partner with Thomas Cook in India on this program and help them roll out new variants and categories and gain additional market share,” said Himanshu Pujara, Regional Managing Director of Euronet Worldwide, India and South Asia.
