Escape the wait with Tuxedo Instant Issue
Tuxedo Money Solutions, a payment technology provider has launched a new instant-issue line of prepaid travel cards, allowing travel agents to sell currency cards, which are immediately activated for use the same day.
Escape is a prepaid travel card programme, which integrates with travel agents’ internal sales software to offer customers a simple, safe and cost-effective way to manage overseas spending, and enables agents to generate an additional revenue stream through attractive commission payments.
A typical personalised card transaction would involve pre-ordering a currency card, before issuing to the customer’s address within approximately 7-10 days. Recognising the need for immediacy, Tuxedo developed the software to allow customers to purchase a currency card available for use the same day.
In 2014, More than 1.6 million travellers bought their foreign currency at British airports on the same day of travel, showing forward planning for this kind of purchase is low down on the list of priorities for holidaymakers.
John Sharman, CEO of Tuxedo commented:
“Consumers can order an Escape branded prepaid card and in seconds receive an encoded and activated card to use immediately. Our eccount technology offers a secure website from which to manage funds and also protects the balance in the event the card is lost or stolen.
“We expect businesses to see a minimum increase of 100% in sales of the Escape Travel Money Prepaid MasterCard cards, thanks to instant issue, because the user experience of ordering and loading travel cards is now totally seamless and fuss-free.”
The programme eliminates the need to input customer information multiple times, creating a single basket transaction process. Not only does the streamlined system make the process of selling a prepaid card as quick and as simple as selling currency, it is safer and more traceable for consumers to use than currency, while simultaneously generating additional revenue for the agents via commission earned on every sale.
For further information on the Escape Travel Money Prepaid MasterCard Card programme, please visit www.tuxedomoneysolutions.com, call 0203 219 3103 or e-mail BusinessEnquiries@TuxedoMoney.com.