Thomas Cook (India), a travel services provider, announced on Tuesday its partnership with the National Payments Corporation of India (NPCI) to introduce its inaugural RuPay prepaid currency card. This card is specifically designed for Indian travelers visiting the UAE.
Thomas Cook stated that the cooperation will begin with the UAE as a pilot, and will then be expanded globally in a gradual manner.
Travelers can use Thomas Cook’s RuPay AED card extensively throughout the UAE for both transactions and ATM withdrawals.
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The corporation asserted its exclusive status as the inaugural and sole partner with NPCI in introducing the RuPay AED prepaid forex card.
The United Arab Emirates (UAE) holds a large position in the global market for Thomas Cook (India)’s foreign currency industry. The company’s card business has experienced substantial development, with a rise of about 1.5 times in both recharge and issuance of new prepaid cards during FY24.
Kunal Kalawatia, NCPI Chief of Products, said: “As outbound travel from India to destinations like the UAE is on the rise, the introduction of RuPay forex card in collaboration with Thomas Cook India is a progressive step towards providing convenience and innovation in forex services,”
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