Travelex Money App
Australasia Europe Paytech

Kayak Brings Price Comparison Capabilities To Updated Travelex Money App

Travelex customers in the UK and Australia can now search for flights, stays and rental cars through the relaunched Travelex Money app.

Travelex is enabling its UK and Australian customers to search for flights, accommodation and car rentals within its renewed money app; consolidating travel fund management into one interface.

This is being achieved through the foreign exchange company’s newfound partnership with the US online travel agency and metasearch engine Kayak. The deal sees its engine processes flight, accommodation and car rental services within the Travelex money app.

Travelex’s fresh facade accommodates a range of additional in-app updates. This includes being able to order prepaid cards and foreign currency cash from Travelex stores.

Additionally, UK customer accounts now have access to 15 different currencies, up from the previous 10. Likewise, Australian customers have access to 10 currencies from their accounts with currencies held in separate wallets from each other.

Customers can also freeze their cards when not travelling; although this feature is not currently available to iOS users.

The service incurs an ATM withdrawal limit of £500 for UK-issued cards and an AUD$3000 limit for Australian-issued cards. Similarly, the company has set the UK minimum load amount to £50 and AUD$100 for its Australian counterpart. Furthermore, Travelex has also discontinued card collection fees.

These features aim to reduce the barriers for customers that want to purchase a Travel Money Card and incrementally load it with currency in preparation for their travels.

New destinations and new heights

The update brings Boingo wi-fi hotspots to Travelex consumers through the card’s association with Mastercard. While travelling, this heightened connectivity will come as a major advantage to users.

The relaunch of the Travelex money app marks the latest milestone in the company’s accelerating digital transformation, as it continues to labour over its suite of digital products.

This includes multi-currency prepaid contactless cards, touch-and-go channels, ATM click-and-collect, crypto-enabled payments and digital remittance offerings.

Recognising the increased consumer demand for digital-first travel money services, Dan Gilby, strategy and products director at Travelex, explains how the Kayak partnership makes “greater convenience and choice” possible for its consumers.

“We continue to place an ever-growing emphasis on partner collaboration,” he states, “modernising our operations and digitally transforming. Our partnership with KAYAK, therefore, represents an exciting new step for Travelex.”

Adding to this, Charlie Parker, senior manager of business development at Kayak, comments: “We know Travelex customers are gearing up for their next trip, so we wanted to get in front of their audience before that trip is actually booked.

“By partnering with Travelex, we can offer a more seamless travel planning experience from start to finish, all in one app”

Author

  • Tyler is a fintech journalist with specific interests in online banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

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