Thomas Cook (India) Limited has informed the Exchange regarding a press release dated August 20, 2025, titled "Thomas Cook India partners with Mastercard to enable contactless cross-border payments on Google Pay across their entire suite of Forex Cards".
THOMASCOOK · price
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Thomas Cook (India) Limited has announced a partnership with Mastercard and Google Pay to enable contactless cross-border payments through its range of prepaid forex cards — Borderless Travel, One Currency, Study Buddy, and EnterpriseFX. Indian travellers can now add their Thomas Cook forex cards to Google Pay and make secure tap-and-pay transactions overseas via mobile devices, eliminating the need to carry physical cards. The feature is available across more than 270 million Mastercard merchant locations globally and includes tokenization for enhanced security. This positions Thomas Cook as a digital-first player in India's cross-border payments space, leveraging the tech and network strengths of Google Pay and Mastercard.
This is a product innovation announcement rather than a financial event, so direct stock price impact is likely limited. However, it strengthens Thomas Cook's competitive positioning in the forex and digital payments segment, potentially supporting customer acquisition and retention in its core foreign exchange business.