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Multi-Currency Travel Card Case Study

 

Travel

The SUMMARY

Centtrip - Consumer and Corporate, Multi-currency Travel Cards - The Ultimate Travel Companion - 14 Currencies on 1 card with spread-free foreign currency at live market rates Centtrip was established in 2013 by co-founders of one of UK and Europe’s most successful corporate independent foreign exchange brokers with a track record for challenging convention. The Centtrip approach is underpinned by personal experience and success within global currency markets.

The CHALLENGE

The ethos of their Centtrip’s business has always been to strive for meaningful change, to provide better value in monetary terms, give greater control and to be more lifestyle relevant to their discerning customer base. To reflect this, Centtrip’s founders wanted to create a multi-currency product that was secure and fair - with more transparent rates, fees and services.

The SOLUTION

PFS was chosen to issue and programme manage the Centtrip prepaid multi-currency card. At the end of 2013, the product was pre-launched with a full-scale operational launch in October 2014, making Centtrip one of the first true multi-currency products to enter the market. Provisioned on the PFS multi-currency platform, cardholders can move funds from one wallet to another and Centtrip are able to set the FX rates at which these transactions take place. A fully branded card-holder web portal and Smartphone app enables cardholders to easily load and manage their accounts while on to go.

Cardholder Card

The OUTCOME

PFS was chosen to issue and programme manage the Centtrip prepaid multi-currency card. At the end of 2013, the product was pre-launched with a full scale operational launch in October 2014, making Centtrip one of the first true multi-currency products to enter the market. Provisioned on the PFS multi-currency platform, cardholders can move funds from one wallet to another and Centtrip are able to set the FX rates at which these transactions take place. A fully branded card-holder web portal and Smartphone app enables cardholders to easily load and manage their accounts while on to go.

"Established, professional and true innovators, PFS are much more than a multi-service provider, they are an enthusiastic and effective partner. Without doubt PFS are a key component to our own success." Brian Jamieson | CEO