THOMASCOOKNSEThomas Cook (India) Limited· Travel And TransportMediumPositive
Announced Thu, 30 Apr · 12:05 IST

Thomas Cook (India) Limited has informed the Exchange regarding a Press Release dated April 30, 2026, titled "Thomas Cook India expands its prepaid forex cards to 28 Currencies".

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-2.4%1-day move
₹95.50
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₹93.68
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AI summary

Thomas Cook India has announced a major expansion of its prepaid Forex Card portfolio, increasing from 12 to 28 currencies by adding 16 new global currencies including Chinese Yuan, Swedish Krona, Vietnamese Dong, Malaysian Ringgit, and others. The expanded offering is available on both Visa and Mastercard prepaid forex cards, providing seamless global acceptance. The company has also partnered with Blinkit, enabling customers to purchase and load forex on their prepaid cards in under an hour. This expansion addresses the growing demand from Indian travellers to emerging international destinations where local currency is not readily available, eliminating the need for multiple currency conversions.

Likely market impact

This product expansion strengthens Thomas Cook India's leadership position in the travel and forex innovation space, targeting the growing segment of cash-light, digitally-savvy Indian travellers. The initiative supports a strategic shift from cash towards digital prepaid solutions, potentially expanding the company's customer base and transaction volumes.