Zero-forex cards aren’t truly free. From padded exchange rates to INR billing traps, many Indians travelling abroad end up ...

Every overseas payment has a price: the exchange rate, your bank’s FX mark-up, and sometimes extra fees. Forex cards lock a rate when you load money, so costs are predictable. Credit cards are easier ...

A forex card is one of the most convenient and safe ways to carry cash and exchange money for your travels abroad. It's a widely accepted payment and is simple to use, like a credit or debit card.

International travel and overseas education from India have increased steadily over the past decade. Alongside flight bookings and accommodation planning, access to foreign currency has undergone ...

Foreign spending by Indians faces a tax anomaly. While forex and debit cards incur Tax Collected at Source (TCS) under LRS, international credit card spending remains exempt, creating a regulatory ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The technology stack for issuing the card is powered by M2P Fintech along ...

Increase in international travel & cross-border transactions, the rise in popularity of online shopping, and the growth in awareness among consumers regarding the benefits of forex prepaid cards drive ...

Indian travellers swear by ‘zero forex’ cards, yet still overpay abroad. The real cost lies not in visible fees, but in padded exchange rates and conversion traps few travellers notice.

Travelex, a specialist in currency exchange, and MasterCard rolled out North America's first prepaid foreign-currency card last week. With the card and related products, Travelex expects to bring "a ...