Doha, Qatar: Al Zaman Exchange, a prominent financial services company, has achieved a notable milestone by introducing its newest product, the CashPassport multi-currency travel prepaid card, in collaboration with Mastercard. Engineered to streamline travel expenditures and offer unparalleled convenience, safety, and security, the CashPassport is poised to revolutionize the financial management of travelers while abroad.
The Mastercard CashPassport has several key
features that enhance its utility for cardholders. Users have the flexibility
to load various currencies such as USD, GBP, EUR, CAD, AUD, and QAR onto a
single card, benefiting from competitive exchange rates. This feature
facilitates seamless transactions across different countries while allowing the
locking in of exchange rates when spending in the same currency. The
CashPassport is widely accepted wherever Mastercard is recognized, spanning
millions of locations globally. Furthermore, cardholders can access exclusive
offers and unique experiences through Mastercard's platform, priceless.com.
Moreover, users can conveniently load, reload, and withdraw funds from the card at all branches of Al Zaman Exchange in Qatar. Upon returning from their travels, individuals have the option to convert any remaining foreign currencies to QAR for local transactions in Qatar or withdraw the remaining funds from the card.
This card comes with advanced security features,
including chip and PIN protection, 24/7 customer support, emergency card
replacement service, and the option to lock and unlock the card using the Al
Zaman Exchange mobile app. When applying for the CashPassport, users can also
request an additional card. If the primary card is lost, immediate deactivation
can be done, allowing access to funds through the supplementary card.
During the recent product launch in Qatar, key
Mastercard executives, such as, Mr. Yousuf Zahran, Product and Program Manager,
Mr. Supin Babu, Accounts Manager, and Mr. Shafeek Thahir, Accounts Manager,
were present. Representing Al Zaman Exchange were Mr. Mohammed Anwar Sadath,
General Manager, Dr. Zubair Abdul Rahiman, COO, Mr. Adarsha Shenava, Head of
Treasury Operations, Mr. Santhosh Kesavan, Finance Manager, Ms. Anjala Sadath,
BDO, and Mr. Muslim Uddin, BDO Bangladesh.