Thomas Cook India Unveils TC Pay: A Game-Changing Forex App

2 min read     Updated on 15 Sept 2025, 01:33 PM
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Overview

Thomas Cook India (TCIL) has introduced TC Pay, a mobile application for comprehensive foreign exchange services. Available on Android and iOS, the app offers forex card management, currency buying/selling, and international remittances. TC Pay features 30% faster transactions, multi-currency wallet supporting 12 currencies, virtual card access, biometric authentication, and instant customer support. This launch aligns with the global trend towards mobile-based financial transactions and is part of TCIL's digital-first strategy, which has already seen significant growth in digital forex transactions.

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*this image is generated using AI for illustrative purposes only.

Thomas Cook India (TCIL), a leading omnichannel foreign exchange service provider, has taken a significant leap in digital innovation with the launch of its new mobile application, TC Pay. This cutting-edge app, available on both Android and Apple platforms, is set to revolutionize foreign exchange services for Indian travelers.

Comprehensive Forex Solutions at Your Fingertips

TC Pay offers an integrated one-stop solution for a range of foreign exchange services, including:

  • Buying and reloading forex cards
  • Buying and selling currencies
  • Sending international remittances

The app's user-friendly interface and advanced features cater to the needs of today's mobile-first Indian traveler, providing a seamless experience for all forex-related transactions.

Key Features and Benefits

  1. Enhanced Speed: TC Pay boasts transaction speeds that are 30% faster compared to previous methods, thanks to smart navigation and a "save for future use" feature.

  2. All-in-One Card Management: Users can easily view card statements, manage card controls, set limits, and block cards through a single, intuitive interface.

  3. Multi-Currency Wallet: The app supports up to 12 global currencies, offering flexibility and potential savings on cross-currency fluctuations for international travelers.

  4. Virtual Card: Instant access to a virtual card for secure digital payments.

  5. Top-tier Security: Biometric authentication ensures the safety of users' transactions and personal information.

  6. Instant Support: In-app WhatsApp chat and calling functionality for quick query resolution and personalized assistance.

Aligning with Digital Trends

The launch of TC Pay aligns with the global shift towards mobile-based financial transactions. According to recent reports, mobile-based remittances now account for 60% of all digital transfers. In India, over 93% of consumers use digital payment methods, with 9 out of 10 managing at least one financial task online.

Strategic Move in Digital Transformation

Deepesh Varma, Executive Vice President - Foreign Exchange at Thomas Cook (India) Limited, commented on the launch: "With TC Pay, we've launched yet another consumer empowering innovation – offering our range of forex services under one intuitive app, for a truly seamless experience. Additionally, this strategic move aims at leveraging technology to extend our reach beyond the physical/retail network, to unlock high potential new/underleveraged markets."

The introduction of TC Pay is part of Thomas Cook India's broader digital-first strategy, which has already seen a 2.5x growth in Forex by WhatsApp transactions and a 40% increase across all digital channels.

As India's largest non-bank foreign exchange services provider, serving over a million customers annually, Thomas Cook India continues to solidify its position as "India ka Forex Specialist" through ongoing innovation and customer-centric solutions.

The TC Pay app represents a significant step forward in the digitalization of forex services, offering Indian travelers unprecedented convenience, security, and efficiency in managing their foreign exchange needs.

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Thomas Cook India Unveils Festive Tour Packages for Durga Puja, Dussehra, and Diwali

2 min read     Updated on 04 Sept 2025, 01:36 PM
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Overview

Thomas Cook India and SOTC Travel have introduced special holiday packages for the festive season, catering to the growing trend of multi-generational family and friend group travel. The offerings include region-specific departures for Durga Puja, Dussehra, and Diwali. Popular destinations span domestic locations like Andaman and Kashmir, as well as international spots such as Thailand and European countries. The companies are offering discounts, regional tour packages, and customized experiences to attract customers. This move responds to changing travel trends, with Indians increasingly choosing to celebrate festivals while traveling and extending their stays.

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*this image is generated using AI for illustrative purposes only.

Thomas Cook (India) Limited , a leading omnichannel travel services company, has announced the launch of specially curated holiday packages for the upcoming festive season. The company, along with its group entity SOTC Travel, is tapping into the growing trend of Indians choosing to travel and celebrate festivals together as multi-generational family units and friend groups.

Festive Tour Offerings

The new tour packages feature special group departures catering to various regional markets:

  • Durga Puja departures from Kolkata
  • Dussehra departures from Karnataka
  • Special tours from Gujarat and Maharashtra
  • Pan-India Diwali departures

Changing Travel Trends

According to Thomas Cook India's Holiday Report 2025, there's a significant shift in consumer behavior:

  • 85% of Indians are increasing their travel frequency and budgets
  • Travelers are extending their stays from traditional 3-day breaks to 6-12 days during festivals
  • Multi-generational families are combining school vacations like Dussehra, Durga Puja, and Diwali for longer trips

Popular Destinations

The company has identified several favorite destinations for festive travelers:

Domestic and Indian Subcontinent

  • Andaman
  • Kerala
  • Kashmir
  • Himachal Pradesh
  • Rajasthan
  • Goa
  • Karnataka
  • North East
  • Sri Lanka
  • Bhutan
  • Nepal

International

  • Thailand
  • Singapore with Bintan
  • Malaysia
  • Vietnam
  • Oman
  • Australia-New Zealand
  • European countries (Switzerland, France, Finland, Germany, Spain, Austria)
  • Middle East (Dubai, Abu Dhabi)
  • Island destinations (Maldives, Mauritius)

Special Offers and Packages

To attract customers, Thomas Cook India and SOTC Travel are offering:

  • Discounts of up to Rs. 10,000 per transaction on select holidays via HDFC credit cards
  • Regional tour packages such as Adhbhut Asia, Alokik Asia, Ashadharon Vietnam, and Duronto Dubai
  • Tours accompanied by regional tour managers
  • On-tour puja arrangements and curated vegetarian meals on select tours

Executive Insights

Rajeev Kale, President & Country Head, Holidays, MICE, Visa at Thomas Cook India, commented on the trend: "Travel has become non-negotiable and festive tourism serves as a powerful cultural driver. We are witnessing a strong and exciting trend—Indians are no longer staying at home but increasingly choosing to celebrate festivals while travelling."

S.D. Nandakumar, President & Country Head - Holidays and Corporate Tours, SOTC Travel Limited, added: "India's festive calendar is fast emerging as a powerful travel driver. Families and friends are increasingly using these breaks to create multiple holidays rather than a single long annual holiday."

The companies have designed their festive portfolio to blend celebration with exploration, curating domestic and international tours that allow Indians to experience their festivals in unique settings while creating deeper connections and lasting memories.

As the travel industry continues to evolve, Thomas Cook India and SOTC Travel are positioning themselves to meet the changing preferences of Indian travelers, especially during the festive seasons that hold significant cultural importance across the country.

Historical Stock Returns for Thomas Cook

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-2.49%+5.64%+38.11%-19.92%+432.55%
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