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April 24, 2024 Press Release
4 minutes, 15 seconds Read

BookMyForex Launches New App Featuring Instant Reloads for Their True Zero Markup Card

BookMyForex-Launches-New-App

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  • BookMyForex currency exchange app now offers instant reloads for the True Zero Markup Card, enabling users to top up their forex card within minutes.
  • The app also provides a range of other features including easy unloads, instant spend alerts, ATM locator, disposable virtual cards, and much more.

Gurgaon, 15th April 2024: BookMyForex, India’s first online retail foreign exchange platform, announces the release of its new app, which transforms the way international travelers manage their forex transactions. The highlight of this release is the introduction of instant reloads for the BookMyForex True Zero Markup Card, empowering users to digitally top up their cards within minutes. Alongside this groundbreaking feature, the app offers a seamless and user-friendly forex booking as well as card management experience.

Commenting on the launch, Sudarshan Motwani, Founder, and CEO of BookMyForex.com, stated,We are thrilled to unveil our latest app version, marking a significant stride in our mission to simplify forex transactions for international travelers. Running out of funds while abroad is stressful and relying on credit cards exacerbates the issue with exorbitant conversion charges, additional fees & often restrictive credit limits. Our instant reload feature addresses these concerns head-on removing the necessity of resorting to credit cards and offering unparalleled peace of mind to the travellers. Our Forex Card can be purchased without the need to open a bank account and our cards are door-delivered on the same day that you place the order. With digital reloads in real-time, travelers can enjoy uninterrupted access to their money with BookMyForex-Yes Bank true zero markup forex card.”

Key Highlights of the BookMyForex App 

The BookMyForex App leverages cutting-edge technology to provide users with access to the best forex rates, compared across hundreds of RBI-authorized forex dealers in their area. Apart from the significant rate advantage, the app offers a user-friendly interface that makes forex transactions effortless, along with features like:

1. Real-time expense tracking & instant spend notifications: The app presents a user-friendly interface for tracking the card balance & receiving instant spend alerts. It’s like having a personal financial assistant in your pocket.

2. Instant Reloads: The True Zero Markup Card can be topped up instantly with a simple tap on the app. This unique feature sets BookMyForex Card apart, allowing it to be reloaded in real time.

3. Easy Unloads: Card users can effortlessly modify amounts or unload the entire unspent balance, ensuring greater flexibility and convenience.

4. Instant conversion of balance from one currency to another: The BookMyForex app streamlines currency conversion, through the in-app wallet-to-wallet feature. Users can easily track their balances in multiple currencies right from the app’s dashboard.

5. Disposable virtual cards for secure online transactions: Users can generate disposable virtual cards through the app to access their funds for online transactions. The best part is that activating the virtual card is completely free of cost. ]

6. Bank-grade security: The app provides top-notch security features, including the ability to lock or unlock the card directly from the app. Additionally, card users can change their ATM PIN and activate or deactivate transactions through the app.

7. Nearby ATM tracker:  Locating an ATM in a foreign country can often be a daunting task. However, the BookMyForex app simplifies this process by offering users a convenient feature to find ATMs near their current location.

Nitin Motwani, Founder & CTO, BookMyForex commented, “With our innovative Instant Reload feature, we’re leveraging cutting-edge technology to empower international travelers with unprecedented convenience. Now, travelers can effortlessly manage their forex cards on the go, revolutionizing the way they access foreign currency during their trips. The latest app version underscores BookMyForex’s ongoing commitment to innovation and customer satisfaction.”

The latest version of the BookMyForex app is now available for download on both the Play Store and the App Store. Alongside the standard benefits of exchanging currency with BookMyForex, app users will also unlock additional perks, including:

  • A flat ₹200 cashback on purchases of forex cards and foreign currency notes through the app.
  • MakeMyTrip discount vouchers worth up to ₹70,000. Up to 10% off on flights and hotels, and 25% off on holiday package bookings.

About BookMyForex.com 

BookMyForex (a MakeMyTrip Group Company) is India’s very first tech initiative in the foreign exchange domain and the market leader in the online retail forex space. Customers can place orders on https://www.bookmyforex.com or through the BookMyForex Android/ iOS app to buy forex cards, send international money transfers, and buy or sell foreign cash currencies. Customers can also purchase international SIM cards or international travel insurance.

BookMyForex operates in a hybrid model where the majority of forex card transactions are executed by BookMyForex and orders for foreign currency notes and international money transfers are executed via BookMyForex’s network of Banks and Reputed RBI licensed moneychangers. 

BookMyForex is the most visible and trusted online retail forex brand with over USD 1.2 billion exchanged on its platform. Faering Capital has been invested in BookMyForex since 2016 and MakeMyTrip has acquired a majority stake in BookMyForex.

Visit us at www.bookmyforex.com  

For more details on this release, please contact:

Amrita Pritam

Head – PR & Marketing

BookMyForex Pvt. Ltd. 

[email protected]

+91 7771913405

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Book My Forex Pvt. Ltd., a MakeMyTrip group company, is a currency exchange service provider authorised by the Reserve Bank of India (RBI). | License number : FE.DEL.FFMC/ U070/2013 | Insurance is the subject matter of solicitation | IRDAI Registration No. CA0429 | IRDAI | Cheques are subject to realization.

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