Thomas Cook India and Atlys Partner to Integrate Forex Solutions into Visa Application Journey
Thomas Cook (India) Limited, India's leading omnichannel foreign exchange services company, and Atlys, a prominent visa processing platform, have announced an exclusive long-term partnership. The collaboration aims to simplify and streamline the process of accessing foreign exchange solutions for travelers across both leisure and student travel segments.The partnership integrates Thomas Cook India's forex offerings directly into the visa application journey hosted on the Atlys platform. This collaboration unites two highly complementary services—visa processing and foreign exchange—into a single, unified journey, making it easier and more efficient for customers to plan essential aspects of their international travel.
Through this integrated service, customers applying for international visas will now have the option to select forex and seamlessly connect with Thomas Cook India to obtain a Visa backed Forex Card or foreign currency. The service leverages a streamlined process, featuring Thomas Cook India's digital and assisted onboarding, video KYC, and secure doorstep delivery across India, ensuring a convenient and reliable experience for travelers.
The product range available to these customers includes:
| Product Type | Description |
|---|---|
| Prepaid Travel Cards | Available with 28 global currencies |
| o Holidays | Borderless Travel - prepaid multi-currency card |
| Overseas Education | Study Buddy card |
| One Currency Card | India's first prepaid card with zero cross currency conversion fee |
| Currency notes | For high demand travel destinations |
| Overseas Remittances | Send Money Abroad service covering over 120 countries |
Mr. Deepesh Varma, Chief Business Officer - Foreign Exchange, Thomas Cook (India) Limited, stated that the collaboration aligns with the company's customer-first approach. He highlighted that as travelers increasingly seek speed and reliability, the partnership enables Thomas Cook India to cater to a fast-growing base of digitally savvy, young travelers. He added that the firm's digital capabilities, spanning the Thomas Cook website, TC Pay app, and 24x7 WhatsApp assistance, position it well to offer a seamless forex experience.
Mohak Nahta, Founder and CEO of Atlys, stated that Atlys aims to eliminate friction points in the traveler's journey, starting with the visa. He emphasized that since forex is a critical aspect of international travel requiring careful planning, partnering with Thomas Cook India, a trusted name in the field, to bring this capability directly into the same journey is a strategic move.
Mr. Rishi Chhabra, Country Manager, Visa, India, commented that Visa network enabled Forex Cards offer a secure and widely accepted way to pay abroad. He noted that this integration simplifies travel preparation by allowing customers to access a trusted prepaid payment solution at a key stage of their international travel planning.
Furthermore, Anil Kapur, Founder of InTandem, noted that the collaboration successfully brought together complementary strengths: Thomas Cook India’s deep expertise and trust in forex, combined with Atlys’ highly relevant digital traveler audience.
THOMASCOOK Stock Price Movement
Today, Thomas Cook (India) Limited shares slipped by 0.39% to settle at ₹92.78. The stock concluded trading following a volume of 977,113 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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