Zenith Leisure Holidays Ltd., a leading provider of Travel and Foreign exchange services since 1997, have announced its collaboration with Pismo, a next-generation cloud-native banking and payments platform, to launch its own Visa prepaid Forex card.
This strategic initiative aligns with Zenith's vision to enhance travellers’ financial convenience by leveraging its strong presence in India's travel and forex industry. Manoj Mishra, Director at Zenith Forex says: "Pismo's cloud-native, API-driven platform enables Zenith Forex to deliver a scalable, secure, and feature-rich card program.
“With real-time transaction processing, flexible wallet management, and robust compliance and fraud prevention capabilities, Pismo empowers Zenith Forex to offer a Forex product." With a digital-first approach and a network of branches at key international airports, Zenith Forex is known for its highly compliance-driven and customer-centric operations.
"We are very excited to help Zenith Forex launch this new multi-currency card,” says Varun Dudeja, Head Business Development, APAC at Pismo.
“And to engage with Visa offering a secure, convenient, and cost-effective way for travellers to manage foreign exchange". The new Visa prepaid Forex card will feature key benefits, including multi-currency support, global acceptance, and enhanced security with concierge services. They will gradually launch the Enterprise and Student Forex Card, offering on-the-move usage and convenience.
Rishi Chhabra, Country Manager, India Visa, said: "We are excited to partner with Zenith Leisure to enhance the payment experience for Indians traveling overseas.
“This card offers a secure and convenient way to pay, backed by the global acceptance of the Visa network." The card is designed for leisure travellers booking international holidays through Zenith, corporate and MICE groups seeking simplified expense management, students studying abroad with parental load and monitoring features, and frequent travellers looking for a safer alternative to cash.