Travelex launches first foreign exchange ATM
Foreign exchange brand Travelex has launched what it calls the foreign exchange industry’s first ever foreign currency ATM click & collect service
It allows customers to pre-order foreign cash online before collecting it contact free from an airport ATM.
The service has initially launched at London Heathrow Terminal 5
Customers place their order via the Travelex website and then securely collect their currency from an ATM, using their phone and credentials. There are no collection fees and orders can be collected from the ATMs at any time of day.
The service is centred around a secure wallet-based platform.
Currently, customers can withdraw up to US$800 or €800 via ATM click & collect, with further currencies and more ATMs at Heathrow planned.
Dan Gilby, Strategy & Products Director, Travelex, said: “Customer trends continue to shift, and as they do so, we are pleased to be able to provide foreign currency cash solutions in new innovative ways.”
Travelex will also be launching the service at Brisbane Airport in Australia in the next few weeks.
Ray Monty
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