People often think that multi-currency cards are only used for international travel. They purchase and utilize them only during their trips abroad, yet there is much more to multi-currency cards than just facilitating international payments.
In 2021, the market size of global forex cards reached $260.34 billion, and it is anticipated to attain $1,196.52 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 16.6% from 2022 to 2031. And if you think all these people use the multi-currency card for just international travel, you are mistaken.
Multi-currency cards like BFC Pay Travel Buddy are great for international travel but they have many more uses that make life easier for Bahraini residents. It's the one card that can replace multiple cards and eliminate the need to carry cash in your wallet.
In this blog, we will explore four ways you can use BFC Pay Travel Buddy to simplify your life!
International Online Shopping and Subscriptions
With the rise of digitization and technology, international online shopping has become easier than ever. Gone are the days when you had to physically visit a store to purchase products from around the world. Now, all you need to do is log onto a website, find what you like, and pay with your card.
The ease and convenience of online shopping have justified the popularity of platforms like Amazon.ae, Farfetch, Shein, MumsWorld, and many more in Bahrain. However, there is one issue that many Bahraini residents face when shopping internationally online - the requirement to process payments in different currencies.
When shopping on platforms like Amazon, you might be required to pay in currencies such as USD, AED, or SAR. If you pay with a credit card, this often comes with a hefty markup of about 3-5% due to forex conversion fees. But with Travel Buddy Card Bahrain, you can avoid all that!
Our multi-currency card lets you process online payments easily, at much lower forex markups. You can sit at home in your pajamas and order products from anywhere in the world. There is no need to worry about extra charges or forex currency exchange fees.
Similarly, Travel Buddy also simplifies the process of subscribing to services from abroad. Whether you're signing up for a streaming platform like Netflix or enrolling in an online course, many of these services require payments in specific currencies. With Travel Buddy, you can subscribe to any international service and pay directly in the required currency without worrying about conversion rates or foreign transaction fees.
So, whether it's buying the latest gadgets on Amazon or subscribing to Netflix, BFC Pay Travel Buddy Bahrain lets you shop online across borders with ease. No excessive charges, no hassle of exchanging currencies!
Cashless Transactions for Everyday Convenience
When it comes to everyday transactions, nothing beats the ease and simplicity of cashless payments. Travel Buddy is not just for paying for cab rides in Qatar or restaurant bills in Turkey. You can use it like a normal debit card in Bahrain for all your regular needs. Bid farewell to ATM visits and loose change - just tap your Travel Buddy to pay for bus rides, shopping, hotels, meals, and any other charges.
But that's not all – Travel Buddy takes convenience to the next level. Settling your bills has never been easier. You don’t have to write checks or deal with payment slips. With just a few clicks on your BFC Pay App, you can easily settle your electricity, phone, or cable bill. For Bahrainis always on the go, this kind of convenience is priceless.
And the added security is a bonus! Carrying large amounts of cash increases the chances of loss or theft. Travel Buddy gives you peace of mind, with advanced security features like PIN protection, SMS alerts for each transaction, and the ability to instantly block your card if it goes missing.
So don't relegate your Travel Buddy card just for vacations. You can also use it for online bill payment in Bahrain.
Enjoy Discounts and Promotions
Who doesn't like a good discount? Imagine being able to carry out your daily chores, all while scoring big discounts. It may sound unbelievable, but with Travel Buddy, it's completely possible.
Whether you're booking a hotel, dining at a restaurant, or shopping online, Travel Buddy has got you covered. As a member of the Travel Buddy family, you can avail up to a 15% discount on your shopping from FarFetch. That trendy outfit you've been eyeing? Now you can get it at a reduced price, just by using your BFC Pay Travel Buddy. And that's not all. With our multi-currency card, you can also enjoy up to an 18% discount on your shopping from Shein. Imagine the savings you can make on your favorite fashion items!
Keep checking the offer page on the website for updated offers. Just by using Travel Buddy to pay for your everyday purchases, you can not only save money but also get a chance to win big. It's a win-win situation!
You can visit our website to find out more about the amazing discounts and promotions you can get as a member of the Travel Buddy family. We're constantly adding new offers and exclusive deals to ensure that your life as a Bahraini resident becomes easier and more affordable.
Sending International payments
If you freelance or do business with clients overseas, you know how hard it can be to find reliable online payment solutions in Bahrain. But Travel Buddy has simplified sending international payments. You can pay your clients with your Travel Buddy in the relevant currency, and the funds will be deposited directly without incurring hefty conversion fees.
Let's say you recently got services from a freelancer in the United States, and now you owe them $1,000. Instead of going through the tedious process of sending money with hefty markups for conversion, Travel Buddy allows you to send them the payment in dollars, effortlessly. No more worrying about excessive fees or complicated currency conversions.
This is a game changer for Bahraini residents who work with international companies or individuals. Instead of dealing with multiple bank accounts in different currencies, you can use Travel Buddy for everything. Our multi-currency card supports over 17 currencies, so you can pay in their local currency.
You also don't have to wait days for international transfers to clear. As soon as you send the payment, the funds will be available for them to use. This level of speed and convenience isn't possible with regular bank transfers.
Travel Buddy: Your Trusted Financial Companion in Bahrain
Travel Buddy is not just for your international adventures, we are here to help make your life in Bahrain easier too. Our multi-currency card offers the security, ease, and efficiency you need in your daily life. No more worrying about losing cash or carrying multiple cards. Travel Buddy consolidates all your currency needs into one convenient card, making it a breeze to pay for groceries, dining out, or even your morning coffee. Our real-time alerts and spending notifications give you an up-to-the-second view of your finances so you're always in control.
Best of all, there are no maintenance or hidden fees with Travel Buddy. We provide 24/7 customer support to give you complete peace of mind. Whether you have a question about your card or need assistance with a transaction, our dedicated team is always available to help.
Your trusted companion is here to make everyday living simply effortless. Let Travel Buddy take care of your financial needs so you can focus on living your best life in Bahrain!