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Travellers are likely to purchase food and souvenirs while on holiday whether they intend to have a budget vacation or spend freely. While currencies and exchange rates can get confusing, many globe-trotters are looking to find new avenues that will keep their money safe and streamline the process of purchasing. One solution that some tourists are finding useful is having a prepaid travel card. This alternative to cash is allowing individuals to avoid headaches over figuring out currency exchanges and gives them peace of mind in case the card is stolen, as many have built-in security policies.
The OzForex company provides these types of cards to the Australian outbound tourism market. Because more than 7 million Aussies leave the country every year, OzForex has been working with travel experts and businesses to offer low exchange rates and fees to all those heading out on their business or leisure trips. These cards especially cater to those who check out multiple locales so they do not have to lose funds or become confused when switching between currencies.
"It is 100 per cent online so it offers flexibility and convenience that other cards don't," said Neil Helm, chief executive officer of OzForex. "We offer nine different currencies on the card as we recognise that business and leisure travellers visit a wide range of destinations and therefore need a card that supports multiple currencies."
Other alternatives for buying things abroad
OzForex is not the only company to offer these types of cards, as there are countless providers with similar services that travellers can use on their adventure travel excursions. For instance, the FIS Travel EMV card is the first of its kind, as it has a special microchip that helps keep all transactions as secure as possible.
Whether Aussies are taking flights to Paris or simply planning their Las Vegas holiday packages, investing some time in finding the best payment options while abroad can ensure smooth transactions and simple purchasing power. Fortunately, things like prepaid cards, credit cards and traveller's cheques are widely accepted so Aussie tourists should have little problems with their payments when they plan ahead.
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