Vodafone Idea Partners with Niyo to Offer Zero Markup Forex Card for International Travellers

Indian telecom operator Vodafone Idea (Vi) has partnered with travel banking fintech Niyo to offer Zero Markup Forex Cards to Vi customers travelling abroad this holiday season. In what the company calls a first-of-its-kind collaboration by a telecom operator, Vi customers can receive a Niyo Zero Forex Markup Card delivered to their doorstep within 24 hours, ahead of international travel for holidays, business, or higher education.

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Vi adds financial services to its international travel ecosystem

According to Vi, the partnership adds a financial convenience layer to its international travel ecosystem. Vi customers can apply for the card through the Vi App, where a Niyo executive assists with KYC verification, card setup, and a trial transaction. Customers can check doorstep delivery availability by entering their name and PIN code, while those outside the Niyo Express service area can activate the card digitally through the Niyo App.

Complimentary Niyo Premium membership worth Rs 999

As an introductory offer, Vi said its customers will receive Niyo’s flagship Niyo Premium membership, worth Rs 999 per year, at no cost. The premium offering includes travel benefits such as annual savings of up to Rs 10,000, zero convenience fees on visa and flight bookings via the Niyo App, a flat 10 per cent discount on international hotels, one complimentary airport lounge access every quarter, and one free ATM withdrawal per quarter.

Accepted in more than 180 countries, the Niyo Forex Card enables international transactions at base exchange rates, helping customers avoid the typical 3–5 per cent forex mark-up charged on overseas spending.