BFC Payments Launches an Advanced Multi-Currency Travel Card12. January 2023
BFC Payments , the Fintech arm of BFC Group Holdings W.L.L., has collaborated with M2P Fintech, an Asian largest API infrastructure company, to launch an advanced multicurrency card, BFC PAY TRAVEL BUDDY that offers international travelers great convenience as it allows for fast top-ups, instant currency conversion, worldwide shopping, dining and lots more. The technology stack for issuing the card is powered by M2P Fintech along with Visa Platinum as the network partner.
With the rise in business and leisure travel post-pandemic, a safe and seamless digital payment instrument like the multi-currency prepaid card becomes crucial for the traveler.
A significant advantage of the BFC Pay Travel Buddy card is the ability to instantly load BHD and transfer to five different currencies in the wallet at attractive exchange rates. The exchange rate lock feature allows the forex (FX) rate to be secured when converting the currency. BFC Pay Travel Buddy Card leverages the best of M2P’s ‘Cards Suite’ to provide consumers with instant, safe and seamless payment choices.
“For Travel Buddy, we wanted to offer our customers a superior digital experience. Everything is done instantly through the BFC Pay mobile app, whether applying for the card, loading the money or buying FX. We want customers to travel cash-free and give them the most cost-effective solution on all their international spending, be it booking tickets online or shopping while you travel”,
says Davis Parakal, General Manager, BFC Payments.
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