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EZPay launches assault on travel market

EZPay launches assault on travel market

EZPay – the pre-paid card supplier of the Phones4U Group – is launching a major travel trade push in a bid to sign distribution deals with agents and tour operators.

The company has set its sights on potential partners doing significant tailor-made business as well as flight specialists serving long-haul and ethnic markets, believing they fit well with its two pre-paid MasterCard products.

EZPay offers a dedicated card for holidaymakers, Escape Travel Money, which combines better-than-high-street exchange rates with fee-free uses overseas; and the Escape Card, offering free international money transfer which is popular with people sending money to friends and family overseas.

Selling the cards offers attractive earning potential as well as providing a useful add-on service to clients. Since launching less than two years ago, EZPay has transformed the pre-paid card market with its market-leading range of benefits. Cards can be used without charge and offer users a range of loyalty shopping benefits.

EZPay managing director Paul Smith said: “It is over a year since the publication of a Mintel report on travel money which said the pre-paid card market was a major growth sector, but only if it was more honest about charges. We are leading the way with new levels of price transparency.

“At present, many independent retailers offer the Travelex card but this has a very poor exchange rate for customers. Our rates are much more attractive and we can offer better earning potential for our partners in terms of commission. Overseas holidaymakers using the Escape Travel use it just like a normal MasterCard and there are no fees for use or withdrawing money from ATMs.”

Smith added that EZPay can offer its retail partners point of sale material and marketing support.

For more information see www.ezpayltd.co.uk or contact sales@escape-prepaid-card.com

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Press information and images:   Katie Wright, Emily Cuthbert or Sarah Rathbone at Siren

katie.wright@sirenpr.co.uk; emily.cuthbert@sirenpr.co.uk or sarah.rathbone@sirenpr.co.uk

020 8237 1210 or 07595 055 882

About EZPay

EZPay Ltd (www.ezpayltd.co.uk) is the prepaid card provider from the Phones 4U Group. The company specialises in prepaid MasterCards and currently offers three products: The Escape Prepaid MasterCard; The Escape Travel Money Prepaid MasterCard and the Neon Prepaid MasterCard for under 17s.

Escape Prepaid MasterCard
The perfect card for people who want to take control of their general spending and those who regularly transfer money abroad. It’s free to load with cash at Phones4U stores and can then be used fee-free online or in-store like any other debit or credit card. Alternatively, the Escape card can be used to send cash to friends and family overseas without charge – and users benefit from some of the best exchange rates available today – making it far better value than traditional money transfer services. As an additional benefit users can earn up to 20% cashback on online purchases from great brands such as Apple, BHS and Top Man.

Escape Travel Money Prepaid MasterCard
The Escape Travel Money card is the ideal travelling companion. The card can be used in over 30 million locations worldwide – anywhere you see the MasterCard acceptance mark. There are no fees for using the card abroad and there are no fees for withdrawing money from ATMs while you’re abroad. You can also earn up to 20% cashback on your online purchases, excellent for when you’re booking airport parking and other travel essentials.