FX / Travel Solutions
PFS has partnerships with several Foreign Exchange providers, allowing our clients and cardholders to load our currency cards at extremely competitive rates.
FX providers have the capability to feed us their real-time rates as many times a day as they wish to ensure no exposure to market volatility. The PFS back office system also allows our clients and partners to amend margins on their rates in real time.
We believe there is a substantial opportunity to extend the existing relationship that a brand has with its customers by offering a branded prepaid card that can be utilised as a travel money product. The card can also act as a customer acquisition tool, appealing to customers who wish to avail of the increased security of a travel card, thereby creating additional brand advocacy and creating an opportunity to generate revenues from customers travel spending.
The opportunity to sell branded prepaid cards as a convenient foreign exchange solution has been rolled out by a number of organisations and banks including the likes of CitiBank, Axis Bank, Deutsche Bank and co-brands like Travelex, Sainsbury, Tesco, Lastminute.com and 1st Contact.
A prepaid card provides a safe and cost effective way of spending money abroad. A prepaid card is provided with MasterCard® or Visa branding, full international ATM coverage, point of sale and on-line functionality. Available in GBP Sterling, Euro, US Dollar, Australian Dollar, Canadian Dollar, South African Rand, Polish Zlotty, Swedish Kroner, Romanian Ron and Botswana Pula the card can be pre-funded or funded when abroad and then used anywhere the MasterCard Acceptance Mark is displayed.
Prepaid cards operate in the same way as any other MasterCard debit card, giving total customer peace of mind and worldwide acceptance. A prepaid travel card helps reduce overseas card fraud and mitigates identity theft making it ideal for a family holiday.
As an added convenience, cardholders can load their card online 24/7.
If you would like to contact a member of our sales team call us on +44 (0)207 125 0321 or drop a mail to [email protected]