Tag: Travelex

  • Travelex appoints new Australia and New Zealand Retail Director

    Travelex appoints new Australia and New Zealand Retail Director

    Leading foreign exchange brand Travelex has appointed Asokan Sathurayar as Retail Director in Australia and New Zealand (ANZ) to accelerate the company’s next stage of regional retail growth.
    Sathurayar joins Travelex with over two decades of experience in senior retail leadership roles across ANZ, including 15 years at Luxottica, where he played a key role with renowned brands such as Sunglass Hut and Oakley. Most recently, he led high-performing teams and drove transformational change as Head of Retail at Dusk Australasia.
    As Retail Director, Sathurayar’s focus is on delivering retail excellence, driving regional business growth and enhancing team performance. His remit will include overseeing Travelex’s regional portfolio of foreign currency services, including both cash and pre-paid travel money solutions, as well as the network of more than 125 stores and 70 ATMs located across key travel and retail hubs.
    Sathurayar will also be driving the evolution of Travelex’s omnichannel delivery and distribution network, which includes home delivery, click and collect and retail distribution partnerships.
    Asokan brings deep retail expertise to Travelex, at a time when our customer expectations are rapidly evolving across both physical and digital channels. His appointment reflects our commitment to offering our customers a seamless, convenient omnichannel experience driven by operational agility” said Simon Jackson, Chief Customer Officer at Travelex.
    “With an increasing number of travellers planning ahead to acquire travel money, Asokan is well placed to drive growth of our physical, online and partner distribution channels across the region,” added Jackson.
    Travelex recently relaunched a new store in Chadstone Shopping Centre, Australia’s largest shopping destination, which attracts more than 400,000 visitors each year, as well as recently renewing its partnership with Australia Post, Australia’s largest retail network, providing travel money services to customers across 3,200 Australian post offices.
  • UnionPay, Travelex launch NiHao card

    UnionPay, Travelex launch NiHao card

    Rev Worldwide  and foreign exchange specialist Travelex have launched a new prepaid card for Chinese tourists called Travelex NiHao Card.

    The reloadable prepaid travel card will work in association with UnionPay International.

    The Travelex NiHao Card is an instant-issue reloadable UnionPay prepaid product now available over the counter at all Travelex branch locations throughout Hong Kong, and is accepted at over 9.5 million retail merchants, and online, plus over 500,000 ATMs throughout China.

    The Nihao Card launch in Hong Kong marks the first Rev processed UnionPay card.  Rev and UnionPay International previously announced a partnership focused on innovative travel product expansion opportunities.

    “We know from our cash sales that China has always been a key destination for Hong Kong travelers so we’re thrilled to be able to launch this product in time for China’s biggest holiday of the year,” said a Travelex spokesperson.

    There are more than 1000 flights daily to over 180 destinations around the world from Hong Kong, including 45 to China, making it the ideal travel gateway city for international travelers within Asia. Hong Kong sees almost 63.4 million departures to international destinations per year, and 96.5 per cent of those departures are to China, Macau and other nearby Asian destinations.

    Additionally, Hong Kong travellers are some of the biggest spenders in the world, with an estimated US$22.8 billion spent on international travel-related expenses in 2014, making Hong Kong the fourth largest outbound travel market in Asia, according to the World Tourism Organization.

    As the technology partner and processor behind the NiHao Travel Card, Rev brings a proven payments processing platform for delivering innovative travel products around the world. Travelex distributes and markets the product directly to consumers.

    “This is an important development for us, beyond the launch of another innovative travel card, in that we are launching our first product intended for broad usage within China,” said John Mitchell, CEO of Rev Worldwide.