Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

THAMES CARD TECHNOLOGY SELECTED BY TUI UK & IRELAND FOR TAILORED TRAVEL CARD PRODUCTION

Contract secured to manufacture tamper-evident sealed card packs to promote next generation travel money

Thames Card Technology Ltd (Thames), one of the UK’s largest manufacturers of secure and non-secure plastic cards specialising in banking and prepaid products, has won a competitive tender to support leading holiday company TUI UK & Ireland, with the production and distribution of its new travel card solution.

THAMES CARD TECHNOLOGY SELECTED BY TUI UK & IRELAND FOR TAILORED TRAVEL CARD PRODUCTION 1“We wanted to approach the concept of travel money in a different way by moving away from single-currency cards and delivering a product that adds more value for users,” comments Miles Briggs, General Manager Financial Services, at TUI UK & Ireland. “Holidaymakers and travellers now receive two, multi-currency cards that are linked to the same account, each with an individual PIN to offer greater flexibility. Having an established relationship with Thames enabled us to work closely with the team to refine a complex vision into a customer-friendly travel money solution.”

The two prepaid cards come in a tamper-evident sealed pack, ensuring security of the product until purchase. The cards offer a multi-currency solution and can be used to make an EMV or magnetic stripe payment in any country or currency where the MasterCard symbol is displayed. The second card can also act as a back-up ’emergency card’ if this first is lost or stolen.

Ray Brash, CEO and Chairman at PrePay Solutions, the company that facilitates the payments, adds: “We are delighted to have the opportunity to develop this new multicurrency programme with TUI and Thames. The product has a number of key features that deliver an excellent experience for the cardholder, including the ability to track the card’s balance and spending history via mobile app, and to move funds between different currency wallets. The latter is especially beneficial to travellers, enabling them to carry on spending, wherever they are in the world.”

Thames not only manages the production and packing of the cards, but also the distribution from its HQ in Essex, reacting quickly to seasonal demands and stock requirements nationwide.

Paul Underwood
Paul Underwood

Paul Underwood, Managing Director at Thames, highlights the value of the continued relationship: “TUI UK & Ireland laid down a real challenge with this project and the Thames team has worked hard to tailor a complex solution to very specific requirements. We worked closely with TUI, PrePay Solutions and our other suppliers to bring together features such as the multi-currency ability and have upgraded our internal systems for the delivery side of the project. Our automated systems can now match the two travel cards with the letter that contains the two relevant card PINs, ensuring everything works for the cardholders when they need it to. It is always satisfying to see a vision come to fruition and we look forward to supporting TUI further in the coming years.”