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Merchantrade to offer new multi-currency card at MATTA Fair

PETALING JAYA: Money services business operator Merchantrade Asia Sdn Bhd will be acting as the official money exchange partner for the fourth consecutive time at the upcoming Malaysian Association of Tour and Travel Agents (Matta) fair in Kuala Lumpur.

Merchantrade founder and managing director Ramasamy K Veeran said the company would be offering services such as the Merchantrade Money Visa Multi-Currency card, eForex online money exchange and over-the-counter services at the fair.

The multi-currency card, Merchantrade’s latest digital innovative service, allows customers to lock in exchange rates at the time of purchase of foreign currencies without being affected by the fluctuation of foreign currency exchange rates when travelling abroad.

The card digitally converts pre-loaded ringgit into multiple currencies at competitive exchange rates decided by customers and can be used at Visa’s 44 million merchants globally.

The multi-currency wallet offers 11 currencies including the US dollar, Singapore dollar, pound, Australian dollar, rupee, euro, baht and yen.

Travellers can also perform money transfers, card-to-card transfers, check and top up card balances, lock the card, change the card PIN or track their expenses via e-statement by using the mobile app.

“We see our business as providing more than just a currency exchange service. Planning holidays can be stressful so we want to offer innovative money service products such as Merchantrade Money that make our customers’ lives easier,” Ramasamy said in a statement.

The Matta fair will be held at the Putra World Trade Centre from Sept 7 to 9.

Merchantrade booths will be located at F1 to F4 at Hall 3.