Community
Not a surprise at all since Caxton FX dropped the atm rates on the Caxton FX prepaid card to zero as well last month and we had forseen that this would have happened with other FX providers too.
I can quite see Rational fx, Fair fx and a few others will follow suit soon as they make money on the FX element for international withdrawals anyway.
I think with all the prepaid travel money cards out there, this is quite simply the effect of how an increase in competition is the market is delivering greater rewards to consumers.
More power to consumers, methinks!
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Sonali Patil Cloud Solution Architect at TCS
20 December
Retired Member
Andrew Ducker Payments Consulting at Icon Solutions
19 December
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.