Currencies Direct unveils multi-currency debit card with Transact Payments

By Gloria Methri

Currencies Direct has partnered with Transact Payments to launch a multi-currency debit card that allows customers to spend seamlessly in over 200 countries.

Currencies Direct has been facilitating bank-to-bank currency transfers for individuals and businesses since 1996. The company has evolved its offering significantly over the years, becoming one of the few providers in the international payments space to offer an omnichannel experience.

Customers can already send payments to over 120 countries in more than 40 currencies. They also have the flexibility to manage their transfers on their terms, from arranging them over the phone with a personal account manager to moving money on the go with the Currencies Direct app, but the launch of the multi-currency debit card will also allow customers to spend overseas simply and securely.

With no upfront, monthly, or recurring fees, customers can use their Currencies Direct card in over 200 countries, move money seamlessly between currencies, and withdraw money from ATMs, all at competitive exchange rates.  With instant notifications in the app, customers can track their spending abroad and stay in control with features like the ability to freeze/unfreeze the card.

Hardik Shah, Group Head of Product for Currencies Direct, said, “The launch of our multi-currency debit card marks a new chapter for our business and our customers, and we couldn’t be more excited about it. The card we’ve developed is the result of both extensive research and development and a genuine understanding of our customers’ needs.”

Aaron Carpenter, CEO, of Transact Payments, said, “We are delighted to support such an esteemed brand as Currencies Direct to help bring to fruition a product that answers to the increasing demand for flexible, secure, and seamless overseas payments.”

Transact Payments delivers innovative and flexible payment cards, tokenised mobile payments, payment accounts, and e-money issuing solutions.