T24 Black VISA, One of the First Prepaid Cards to Offer Complimentary Priority Pass and Premium Worldwide Travel Insurance

*For discerning worldwide travellers*

LONDON--(BUSINESS WIRE)-- Ideal for frequent worldwide travellers and discerning users, Transact24 Limited, in conjunction with Transact Network Limited a regulated E-money Institution based in Gibraltar, has launched one of the world’s first prepaid card with complimentary standard Priority Pass membership plus premium worldwide travel insurance offered by arranged through the International Medical Fund (BVI) and underwritten by Lloyd’s of London.

Issued in conjunction with VISA, the new T24 Black VISA Prepaid Card can be used anywhere in the world where the VISA Acceptance Mark is displayed, including ATMs, shops, restaurants and retail outlets as well as online, and converts to any currency applicable to where you are. Secure and reloadable, this is the ultimate high end credit card alternative.

The T24 Black Card comes with complimentary Priority Pass membership offering access to over 600 VIP airport lounges worldwide and all the business facilities, refreshments and benefits they offer. Add to this the comfort and security of free annual worldwide travel insurance and medical benefits as standard*. Uniquely, any claims made are paid straight onto the T24 Black Card, ensuring cardholders have funds where and when needed, regardless of their location.

With a balance limit of up to US$ 50,000 (approximately 37k Euros), the T24 Black VISA Prepaid Card limit can be upgraded to US$ 100,000 (approximately 75k Euros). There are no POS usage fees on the T24 Black Card and the monthly fee is waived for the first 12 months. As the T24 Black is a prepaid card, no credit checks or bank accounts are necessary and acceptance is guaranteed subject to appropriate identity and residency checks.

Philip Meyer, Managing Director of Transact24 Ltd. says: “For frequent worldwide travelers, the T24 Black VISA Prepaid Card represents true value, rolling up the benefits of premium travel insurance as well as Priority Pass membership. Not only does it remove the worry of carrying cash, it provides the user with complete financial control as all transactions occur in real-time.”

The card has been designed with security and ease of use in mind. Cardholders can check their balance using online statements, via text, at ATMs or IVR. Cards can be reloaded online using a debit or credit card, while card-to-card money share from another T24 Black Card is also possible. Money is received instantly, 24/7, no matter where in the world the cardholder is. Verified by VISA, users are protected for online payments for more than 300,000 websites across the world.

*Subject to applicable terms and conditions.

For more information on the new T24 Black Visa Prepaid Card, visit www.T24BlackCard.com

Portfolio Communications for T24Tony Martin or Ashley Fryer+44 207 240 6959
tony.martin@portfoliocomms.com
ashley.fryer@portfoliocomms.com

Source: Transact24 Limited