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Business Economy


Axis Bank launches India’s first multi-currency forex card with INR wallet

Axis Bank launches India’s first multi-currency forex card with INR wallet

New Delhi, May 16 (UNI) Axis Bank, India’s third largest private bank, today announced the launch of India’s first multi-currency, cobranded forex prepaid card that facilitates both international and domestic usage while rewarding customers with unlimited miles on every spend. According to Sidharth Rath, Group Executive, Corporate & Transaction Banking, the bank has partnered with Miles & More, Europe’s leading frequent flyer and awards programme, to introduce the ‘Miles & More Axis Bank World Traveller Card’. The card is powered by MasterCard’s contactless chip security, offering customers easy and safe access to 30 million merchant outlets across the world. Launching the card here in New Delhi, he said, “Axis Bank and non-Axis Bank customers can avail the card and load up to 17 currencies to avoid the hassle and risk of carrying multiple currency note variants.” Mr Rath said, “Axis Bank continues to be the market leader in the Prepaid Forex Card category. Our focus has always been on improving customer experience and enhancing value for our customers. This innovative forex card offering from Axis Bank is aimed at providing the Indian globetrotter a host of privileges with a truly rewarding experience.” UNI ADP SW AE 1611

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