Thomas Cook (India)., India’s leading integrated travel and related financial services company, has announced the added benefit of Contactless Payments on its Prepaid Cards (the Borderless Prepaid Card and One Currency Card). With this unique contactless feature, the Company’s prepaid card users can now shop on the go, faster than ever – with merely a tap. The launch reiterates the company’s focus on technology in driving customer experience.
Contactless payment is a secure method that enables consumers purchase products and services by using Radio-Frequency Identification (RFID) technology or near-field communication (NFC). To make a contactless payment, the user merely needs to tap his or her card near a point-of-sale terminal; hence also referred to as “tap-and-go”. Contactless payment has steadily become a popular payment method for smaller purchases, with the prime advantage of enhancing the speed of transactions. Tap-and-go customers shorten the queue, so to speak, thereby benefiting both the merchant and the customer with a significant saving of time.
Speaking at the launch, Kailash Gupta, Senior Vice President and Head of Payment Solutions, Thomas Cook (India) said, “Throughout its pioneering journey, Thomas Cook India has always focussed on innovation and technology to maximise customer experience, and hence, the ‘contactless’ feature on our Borderless Prepaid Card and One Currency Card serves to reiterate our customer centric philosophy.”
He concluded with, “The tap-and-go solution has been made possible by leveraging smart technology, driven by our aim of enhancing convenience and speed of transactions, an essential ask of today’s new age global traveller.”