Foreign exchange brand Travelex says it has launched its online click-and-collect service in Hong Kong. The new offering, announced Wednesday (April 3), lets customers purchase their travel cash in advance online, reserving more than 30 currencies, including the U.S. dollar, the British pound, the Japanese Yen and...
The travel industry is on a strong rebound post-pandemic, experiencing a notable resurgence in activity and revenue. And despite the rise of digital payments methods, Richard Wazacz, CEO at foreign exchange company Travelex, tells PYMNTS that the continued use of cash as the primary payment method for...
British currency exchange company Travelex is reportedly considering a sale. The owners of Travelex, including former bondholders who gained control through a debt restructuring, are working with advisers to assess buyer interest, Reuters reported Thursday (Sept. 28), citing unnamed sources. An auction is expected to take place early next...
Foreign exchange company Travelex has launched a wholesale banknote business in the Middle East. The new operation, announced Tuesday (Feb. 28), comes amid continued consumer demand for travel, which is in turn driving continued use of cash. According to a news release provided to PYMNTS,...
April 07, 2024
The cost of skipping long airport queues is set to increase due a hike in fees for expedited security programs, according to a recent press release by the U.S. Customs and Border Protection (CBP), but a passport app may help. Effective from Oct. 1, the fee for the Global Entry program, for instance, will rise from $100 to […]
March 07, 2024
The travel industry is on a strong rebound post-pandemic, experiencing a notable resurgence in activity and revenue. And despite the rise of digital payments methods, Richard Wazacz, CEO at foreign exchange...
January 25, 2023
Despite the digitization of retail banking, cash will not be disappearing anytime soon. That’s the opinion of Richard Wazacz, Global CEO at foreign exchange company Travelex, who told PYMNTS that...
April 30, 2018
Portmanteau: /noun/ A word that blends the sounds and meanings of two other words, such as “motel” (motor and hotel), “brunch” (breakfast and lunch) or “Finabler” (financial enabler). That last...
April 03, 2024
Foreign exchange brand Travelex says it has launched its online click-and-collect service in Hong Kong. The new offering, announced Wednesday (April 3), lets customers purchase their travel cash in advance online, reserving more than 30 currencies, including the U.S. dollar, the British pound, the Japanese Yen and Thailand’s baht. From there, orders can be collected from five […]
September 28, 2023
British currency exchange company Travelex is reportedly considering a sale. The owners of Travelex, including former bondholders who gained control through a debt restructuring, are working with advisers to assess buyer interest,...
February 28, 2023
Foreign exchange company Travelex has launched a wholesale banknote business in the Middle East. The new operation, announced Tuesday (Feb. 28), comes amid continued consumer demand for travel, which is...
January 16, 2023
Foreign exchange brand Travelex has teamed with travel site Kayak to help consumers plan trips. “Through the partnership, Travelex customers can now search for flights, stays and rental cars within...
