Security and Safety: Protecting Your Finances with Zero Forex Cards

Last Updated on: 3rd April 2024, 12:20 pm

Traveling abroad can be an exhilarating and enriching experience. However, managing your finances in a foreign country can be stressful. With multiple currency exchange rates, transaction fees, and card charges, it’s easy to lose track of your spending. Zero forex cards can make a big difference.

What is a Zero Forex Card?

A zero forex card, or multi-currency forex card, allows you to store money in different currencies on a single prepaid travel card. One of the biggest advantages of using a zero forex card is that there are no foreign exchange markup fees charged on international transactions. This means you only pay the base exchange rate without any hidden charges.

Leading providers like Niyo offer zero forex card that allow you to:

  • Load your card with Indian Rupees (INR)
  • Spend across 150+ countries in local currencies
  • Withdraw cash in local currencies across the globe

Key Benefits of Using Niyo Global Card

Zero Forex Markup

When you use your debit or credit card internationally, banks typically charge a foreign exchange fee of 3.5% or more on every transaction. This means you pay 3.5% over and above the base currency conversion rate.

The Niyo Global Card comes with zero forex markup on all international spending. So, you only pay the standard VISA exchange rate without any hidden charges. This saves you thousands of rupees in forex fees, especially on big-ticket purchases like flights, hotels, tuition fees, etc.

Load in INR, Spend Globally

Gone are the days of struggling with multiple currency wallets when travelling abroad!

With Niyo Global:

  • You can load your travel card in Indian Rupees (INR)
  • Your INR balance is automatically converted into local currency when you swipe or withdraw money overseas
  • It works across 150+ countries and 130+ currencies, so you have the flexibility to hop borders

This simplified approach eliminates the need to exchange currency or load specific currency wallets in advance.

Secure Digital Banking

Niyo Global offers a completely digital and paperless sign-up process. You can download the Niyo Global app and complete mobile KYC verification within minutes. In addition to online account opening, the app gives you secure access to features like:

  • Real-time transaction tracking
  • Temporarily blocking your card
  • Locking specific payment channels (POS, ATM, online)
  • Report lost or stolen cards instantly

This enhances security, allows remote card management and gives you complete control over overseas spending.

Global Acceptance

The Niyo Global Card is powered by VISA, the world’s largest payment network. This means you get unmatched acceptance and can use it at:

  • 55 million+ VISA merchant outlets
  • Over 2.5 million VISA ATMs
  • Online portals that accept VISA cards

So whether it’s reserving a table at a Michelin-star restaurant, hailing a cab, or shopping for local souvenirs – your Niyo Global Card will work smoothly.

Extra Travel Perks

In addition to simplified overseas spending, your Niyo Global Card unlocks luxury travel perks like:

  • Complimentary lounge access: At major domestic and international airports in India
  • VISA Concierge services: Get assistance with bookings, reservations, travel policies and more
  • In-app offers: Exclusive deals and discounts on flights, hotels, experiences
  • Airport assistance: Personalised assistance with baggage, transport, immigration, etc

Enjoy first-class comfort, convenience and savings with your Niyo Global Card!


With access to airport lounges, concierge assistance, and other luxury travel perks, you can ditch excessive bank charges and upgrade your overseas experience, spending intelligently and travelling freely without worrying about expensive forex transactions eroding your budget.

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