Kalixa® waives FX fees to assist beleaguered travellers this summer
Kalixa® the prepaid MasterCard® from Vincento Payment Solutions Ltd today announces that it will be waiving its standard foreign exchange (FX) fee for all point-of-sale transactions made abroad in an effort to help beleaguered business and leisure travellers this summer. Cardholders will save further with Kalixa’s decision to pass on MasterCard’s market leading foreign exchange rates, direct to the consumer. The offer will run from 1st June until 30th September 2010 and, based on standard industry fees, could result in a saving for consumers of between 2% and 6% on each transaction made.
In addition to this, Kalixa® is also incentivising users of the card through its “refer a friend a friend” scheme. Given that people often travel with companions, if cardholders recommend a friend who also signs up they will both receive £5 credited to their respective Kalixa® Cards. Kalixa can be loaded with up to £3,000 by electronic bank transfer for just 99p or from another debit or credit card at 1.95 percent.*
Alpesh Patel, CEO at Vincento Payment Solutions, said: “It has been tough for both business and leisure travellers this year. With ash clouds, airline strikes and the sliding value of the pound many could be forgiven for just cancelling trips abroad entirely. However, we have decided to give a little bit of respite to travellers by waiving our FX fees until 30th September 2010. Using a Kalixa Card abroad has a number of benefits not least convenience as well as protecting against card fraud and this latest FX offer is yet another compelling reason to sign up.”
*Kalixa recommends loading with internet banking for best value
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For further information about Kalixa and the range of products available visit www.kalixa.com
Notes to editors:
- Kalixa is issued by Vincento Payment Solutions Ltd an e-money institution authorised and regulated by the FSA.
- All Kalixa cardholder funds are held in a client-designated account with Barclays Bank Plc.
- As required by the FSA, Vincento guarantees its financial liabilities relating to outstanding e-money.
- Cardholder funds are backed at all times by low-risk liquid assets to 102% of the outstanding e-money value.
- Kalixa.com is secured by Verisign, the trusted provider of internet infrastructure services for the networked world.
- Vincento, the issuers of Kalixa are the only pan-European prepaid MasterCard card issuers.
- Kalixa is always happy to consider reader offers and competitions. If you would like to discuss offering either of these to your readers please contact Holly Tyzack 020 7392 2632