Wirecard and Travelex have teamed to launch a new MasterCard card and app combination for UK travelers to avoid overseas debit and credit card roaming fees and charges when spending abroad.
Last year, Travelex introduced Supercard on a pilot basis to help solve traveler spending woes. After a successful pilot, Supercard is now offering the product to the UK public.
Wirecard acts as the technical service provider and takes over the whole acquiring processes as well as the risk management.
In addition, Wirecard Card Solutions Ltd, a Wirecard Group company, is the issuer of the Supercard.
Supercard connects all existing credit and debit cards in one card solution which will be chip and pin protected. There are no application, registration, administration or usage fees for spending overseas.
Customers simply link their credit or debit card via an app to their Supercard – with almost instant updates through the app, travelers can keep track of how much they spend and approximately how much they save. The application process is simple with no credit checks are involved. Plus, they still benefit from any card reward points they usually earn. With Supercard, travelers get the MasterCard wholesale exchange rate. This means Travelex do not add any additional fees or charges when the card is used for spending in other countries.
The app is available for iOS and Android phone devices.
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