UAE Exchange, a leading global provider of remittance and foreign exchange services, is planning to launch multi-currency prepaid travel card services in India.
Dubai-based UAE Exchange has launched a new offering 'gocash' -- the Middle East's first multi-currency prepaid travel card -- and expects to launch similar prepaid products in other markets such as India, a top executive said.
The new product was launched in partnership with MasterCard in Dubai and allows the customers to load up to six currencies out of a bouquet of 15. The card can be used across 34.3 million MasterCard-enabled merchant locations and 1.5 million bank ATMs across the globe, apart from for online purchase, UAE Exchange said in a statement.
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