TRAVELEx: A Proactive Approach to Managing a Growing Payment Processing Environment

Type: Case Study
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Travelex is the world’s largest international foreign exchange specialist, providing Dynamic Currency Conversion (DCC) and full transaction payment processing and clearing services for over 1500 merchants and financial institutions across 12 countries throughout Asia Pacific and Europe.

Travelex is also the world’s largest non-bank provider of international money transfer and remittance programs. Every year, it processes payments around the world for over 35,000 businesses to approximately 1 million beneficiaries. More than 750 financial institutions currently use Travelex as their outsourced international payment platform.