Cash Passport

Travelex is one of the world's foremost issuers of pre-paid cards, with programmes in over 20 countries, including North America, Australia and South Africa.

Pre-paid cards offer the flexibility of credit cards combined with the security and budgeting benefits of travellers cheques. Travelex pre-paid cards can be used in ATMs or to make purchases at point of sale. These cards have the security benefit of a PIN number although not linked to a personal bank account of any kind. Pre-paid cards have many applications, most notably for travellers looking for a modern alternative to travellers cheques, and also for businesses needing to fund employee expenses overseas.

The benefit to Travelex's business partners in launching these innovative new products is the opportunity to build their brand and offer customers real benefits without the need to invest in a support infrastructure themselves. Travelex is now developing the next generation of products from which customers will obtain added functionality and improved benefits and can continue to exploit the great potential that this market offers.