Travelex has introduced its prepaid foreign currency card to the Asian market with the launch of the eponymous Money Card in Japan.
The card, known as the Travelex Travel Money Card, is designed exclusively for overseas use and available to customers aged 12 and above, the contactless-equipped card enables customers to load multiple currencies for use at any Mastercard-affiliated shop or restaurant in more than 210 counties and regions worldwide.
The card supports eight foreign currencies, in addition to the Japanese Yen, including the US Dollar, Euro and Australian Dollar.
Jun Otani, Director at Travelex Japan, said: “We are delighted to launch the Travelex Money Card in Japan, which is an enhanced version of the old Travelex Card we have become well known for in Japan.
“The card has proved to be hugely popular in the UK, Australia and New Zealand, and through the card we are able to offer our customers greater convenience and security than ever before.”
The card will allow users to load their card with Japanese Yen or other supported currencies and convert to the local currency when making a payment, if they’re travelling abroad.
The card is not linked to a bank account, meaning the use of unauthorised access is minimised compared to a traditional credit or debit card.
The card can be purchased both in-store and pre-ordered online and picked up in-store, while the card’s features can be managed through the Travelex Money App, which enables customers to add currency, check their balance, view their transaction history and pause usage in case of loss or theft.
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