Indian private sector lender Axis Bank has launched Forex prepaid card in collaboration with Diners Club International, a division of Discover Financial Services and part of the Discover Global Network.

The newly launched card, which will run on the Discover Global Network, will offer cardholders global acceptance.

Discover Global Network includes over 35 million business locations and more than one million ATM and cash access locations across 185 nations.

The card will provide a suite of services and benefits to travelers, which will include access to over 600 Diners Club airport lounges internationally.

Axis Bank in a statement said that the card will come at no additional fee, and will be available at the same price of bank’s existing Forex Cards.

Axis Bank president and head for treasury, corporate & transaction banking Sidharth Rath said: "The addition of new travel corridors through the Discover Global Network and Diners Club International, especially in the United States and North Asia, will greatly complement our existing network and provide convenience to travelers through wider acceptance."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Discover Financial Services VP, APAC region, business development Annie Zhang said: "Diners Club International continues to enable our franchises to provide unique card options to their customers that enhance the experience and broaden acceptance for travelers. By leveraging the Discover Global Network and its many partners, issuers like Axis Bank can provide flexibility for their card holders as they travel across the globe."