Thomas Cook India partners with Atlys to integrate forex into visa journey
Thomas Cook (India) Limited has partnered with Atlys to integrate foreign exchange services into the visa application process, targeting leisure and student travellers. The collaboration offers products like prepaid travel cards and remittances, supported by digital onboarding and secure delivery.

*this image is generated using AI for illustrative purposes only.
Thomas Cook (India) Limited and Atlys, a visa processing platform, have announced an exclusive long-term partnership to integrate foreign exchange solutions into the visa application journey. The collaboration targets leisure and student travel segments, aiming to simplify access to forex by combining visa processing and currency exchange into a unified experience. This strategic move is designed to enhance ease, speed, and trust for digitally savvy travellers seeking a hassle-free booking process.
Customers applying for international visas through Atlys can now opt for forex services and connect with Thomas Cook India to avail a Visa-backed Forex Card or foreign currency. The service features a streamlined process including digital and assisted onboarding, video KYC, and secure doorstep delivery across India. The initiative focuses on providing a reliable experience for travellers who prioritize digital-first solutions.
Thomas Cook India's product suite for this partnership includes prepaid travel cards supporting 28 global currencies. Specific offerings include the Borderless Travel multi-currency card for holidays, the Study Buddy card for overseas education, and the One Currency Card, which carries zero cross-currency conversion fees. Additionally, the partnership covers currency notes for high-demand destinations and the Send Money Abroad service for remittances to over 120 countries.
| Product Category | Key Offerings | Features |
|---|---|---|
| Prepaid Travel Cards | Borderless Travel, Study Buddy, One Currency Card | 28 global currencies, zero cross-currency fee |
| Currency Notes | High demand destinations | Secure delivery |
| Overseas Remittances | Send Money Abroad | Covers 120+ countries |
Mr. Deepesh Varma, Chief Business Officer – Foreign Exchange, Thomas Cook (India) Limited, stated that the collaboration aligns with the company's customer-first approach. He highlighted the company's digital capabilities, including the TC Pay app and 24x7 WhatsApp assistance, as key enablers for a seamless forex experience integrated into the traveller's journey.
Mr. Mohak Nahta, Founder and CEO of Atlys, emphasized the goal of removing friction points in travel. He noted that forex is a critical aspect requiring planning and expressed confidence in partnering with Thomas Cook India to bring this capability directly to travellers within the same platform.
Mr. Rishi Chhabra, Country Manager, Visa, India, pointed out that Visa network-enabled Forex Cards offer a secure payment method abroad. He added that integrating Thomas Cook India's solutions into the visa application stage simplifies travel preparation and helps customers manage overseas spends with confidence.
The collaboration was facilitated by InTandem, which played a strategic role in identifying the opportunity and aligning stakeholders. InTandem noted that the partnership combines Thomas Cook India's forex expertise with Atlys's digital traveller audience to address a clear customer need.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE332A01027/0571714ba9f64dea.pdf
Historical Stock Returns for Thomas Cook
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.61% | -2.57% | -8.36% | -38.53% | -42.82% | +48.42% |
How will this partnership impact Thomas Cook India's market share in the digital-first student and leisure travel segments compared to traditional competitors?
Could this integrated model trigger similar collaborations between other fintech visa platforms and legacy forex providers globally?
What are the potential revenue synergies and cross-selling opportunities arising from combining visa processing with forex acquisition?


































