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Thomas Cook (India) enters into strategic partnership with Euronet Worldwide

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Capital Market

To create customised Prepaid Travel Cards

Thomas Cook (India) announced a strategic partnership with Euronet Worldwide, Inc. to introduce significant additional benefits on its unique prepaid travel cards - The Thomas Cook Borderless Prepaid multi-currency and One Currency card in India.

Euronet becomes the exclusive technology partner for Thomas Cook India's unique 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. The Thomas Cook One Currency Card is USD loaded and guarantees a zero cross currency conversion fee across the globe. Thomas Cook's prepaid travel cards can be used across merchant outlets, online portals & ATMs globally.

 

All cards issued by Thomas Cook India will be hosted and managed on Euronet's world class payments processing and card issuing platform. This platform is a comprehensive system which not only offers the routine features of a prepaid card system, but is highly configurable to help Thomas Cook roll out customized options to meet specific customer needs - across business, leisure, b-leisure, student, etc.

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First Published: Aug 29 2017 | 10:36 AM IST

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