Thomas Cook (India) Limited, India’s leading omnichannel forex services company, has entered into a groundbreaking partnership with the National Payments Corporation of India (NPCI) to introduce a pioneering RuPay prepaid forex card tailored for Indian travelers visiting the United Arab Emirates (UAE). This significant technological endeavor is being enabled by NPCI Certified Partner, CARD91.
Revolutionizing Travel Currency with RuPay
The strategic alliance between Thomas Cook and RuPay harnesses the vast potential of NPCI’s global card payment network of India. This initiative resonates with the “Made in India” ethos, offering comprehensive international payment solutions for Indian travelers venturing overseas.
UAE: The Pilot Destination
The Thomas Cook and RuPay forex card partnership has embarked on its journey with the UAE as its inaugural destination. The rollout plan encompasses a phased approach, with the first phase featuring the RuPay card loaded in UAE Dirhams (AED). This arrangement offers extensive usability across the UAE, catering to a wide range of transactions and ATM withdrawals. The card comes packed with a multitude of benefits, including:
Thomas Cook Travel Vouchers Worth Rs 13,900: Enhancing the travel experience for cardholders.
Lounge Access at International Airports in India: Adding comfort and convenience to the pre-flight experience.
Free ATM Withdrawal (in UAE): Eliminating the hassle of foreign exchange.
Free Replacement on Loss of Card: Ensuring peace of mind for travelers.
Complimentary Insurance Cover Up to Rs 7,50,000.00: Providing financial security.
50 Percent Off on Unique Photographic Experiences at Dubai’s Top Attractions, by Digiphoto Entertainment Imaging (DEI): Enhancing the tourist experience.
KrisFlyer Miles on Every Forex Purchase: Rewarding cardholders for their spending.
NPCI’s Appreciation for the Innovative RuPay Prepaid Forex Card
National Payments Corporation of India (NPCI) expressed its gratitude to partners Thomas Cook and Card91 for their collaborative efforts in crafting and developing this rewarding card. This innovative RuPay prepaid forex card promises to simplify financial transactions for Indian travelers in the UAE and sets the stage for further expansion into global markets, enhancing the overall travel experience for customers. With a strong focus on convenience, security, and rewards, this card exemplifies the evolution of travel currency solutions in the modern age.
Key takeaways for competitive examinations
- Managing Director & Chief Executive Officer of Thomas Cook (India) Limited: Mahesh Iyer