Competitive rates offered by multi-currency card providers driving cashless tourism

London-based Wise recorded 301 per cent growth in Singapore card activation in May compared with the same month last year. PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

SINGAPORE - If you think you can save more by paying in cash when overseas, it is time to wise up.

The intense fight for market share between multi-currency card providers such as Wise and YouTrip have seen them offering competitive exchange rates and incentives for travellers to go cashless.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.