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Cards

NiYO launches forex card with no fees for travellers

Tuesday 29 January 2019 | 02:42 PM CET

Digital banking solutions provider NiYO has unveiled a forex card with ‘zero forex mark-up’ for travellers.

The NiYO Global Travel Card will help the travellers to transact without paying any currency exchange premium and international transaction fees, unlike a regular forex card.

This card will help the overseas travelers in making cost-effective international transactions across 150+ countries and 35 million merchants worldwide. They will not have to go through the hassles of usual multi-currency forex cards or travellers’ cheques. Further, it also provides instant digital onboarding, convenient loading from the traveller’s bank account via NEFT/IMPS.

The card is supported by a mobile app, that offers users the feature to lock and unlock either the full card or a payment channel anytime, anywhere in the world. In addition, the card ensures real-time notifications on usage, exchange rates and refunds, while enabling users to locate convenient ATM locations.

More: Link
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