Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

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

Paul Underwood

Published : , on

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.

“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.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post