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

*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
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.
All-in-One Card Management: Users can easily view card statements, manage card controls, set limits, and block cards through a single, intuitive interface.
Multi-Currency Wallet: The app supports up to 12 global currencies, offering flexibility and potential savings on cross-currency fluctuations for international travelers.
Virtual Card: Instant access to a virtual card for secure digital payments.
Top-tier Security: Biometric authentication ensures the safety of users' transactions and personal information.
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.
Historical Stock Returns for Thomas Cook
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.74% | -2.49% | +5.64% | +38.11% | -19.92% | +432.55% |