Page 10 - Pay Magazine s2014

paybefore awards europe
Best tRavel COmpaniOn
Best use of prepaid/emerging payments for travel or transit.
Thomson Multi-Currency Travel Money MasterCard
TUI, PrePay Solutions Partner: MasterCard
what it is: A prepaid card offered by travel company TUI takes the hassle and stress out of traveling by providing a flexible, convenient payment option for U.K. and Ireland-based travelers.
where you get it: Available in all 640 TUI locations in the U.K. and Ireland, as well as online and over the telephone.
why it works: The reloadable card features up to eight separate currency purses on a single card, enabling account holders to preload multiple currencies and select one default purse. If there are insufficient funds in the default purse, funds automatically are drawn from the next purse. Two cards are included with each account, enabling travel parties to split up and offering a backup card in case
of loss or theft.
why it matters: Thomson Travel Money Card offers frequent travelers a more convenient option than having to carry multiple cards or currencies and eliminates the hassle and expense of exchanging currencies.
differentiators: A simple and transparent fee structure includes no transaction fees abroad (except for ATMs), while a mobile app and online Web portal offer account management on the go, including the ability to switch funds between purses. Cardholders can receive emergency funds transfers via Western Union and have access to 24/7 telephone customer service. The card is available even to those who don’t book their vacation through TUI.
what the judges said: In addition to the con- sumer benefits this card has, which are many, it also has helped TUI streamline its offering with one card for its most popular currencies, including the Turkish lira.
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winneRs Escape Travel Money Prepaid MasterCard Card Tuxedo Money Solutions
ICE Travellers Cashcard
International Currency Exchange, Lenlyn Group
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