Access Prepaid Worldwide Launches British Airways Executive Club Multi-currency Cash Passport™

Access Prepaid Worldwide Launches British Airways Executive Club Multi-currency Cash Passport™

LONDON--(BUSINESS WIRE)-- MasterCard subsidiary, Access Prepaid Worldwide announces a new partnership with British Airways to launch a new Executive Club Multi-currency Cash Passport™.

The partnership will allow British Airways Executive Club members to earn more Avios points, receiving one Avios point for every £1 loaded (or reloaded) onto the card. The travel card, which is available now, offers a more convenient way to make payments for Executive Club members who travel to different countries as only one card is needed for payment across certain continents and currencies.


The Executive Club Multi-currency Cash Passport™ card works with the option to load up to seven currencies while locking in the exchange rate at a point in time. When used in market, the card intelligently selects the local currency to ensure the best rate. If the local currency is not on the card, funds are used from other currencies loaded to ensure the transaction is approved. The chip and PIN enabled BA Executive Club Multi-currency Cash Passport™ will hold seven currencies; EUR, GBP, USD, AUD, CAD, NZD, and ZAR.

Executive Club members who purchase a Multi-currency Cash Passport™ card and load to the value of £50 in the first two months will be eligible to enter a prize draw. The prize package is for two people and will comprise of return flights to Rome, 4 star accommodation, £500 spending money and 100,000 Avios points. The promotion runs from 28th May - 31st July.

Steve Grigg, President at Access Prepaid Worldwide, stated: "Building on our partnership with Avios, we are delighted to offer BA Executive Club customers our Multi-currency Cash Passport™. Not only does it provide a safe and secure way to carry your currency overseas, but will also allow members to collect more Avios. With smart wallet technology, the ability to hold seven different currencies on one card and the back-up of our in-house team of friendly and expert staff 24/7, we look forward to seeing BA Executive Club customers reap the benefits of this card."

Marion King, UK & Ireland President at MasterCard, said: "We are proud to be working with British Airways to offer their Executive Club customers the convenience to make safe and secure payments in many different countries, using one card. The MasterCard, Access and British Airways collaboration through the Executive Club Multi-currency Cash Passport™ product demonstrates our commitment to progress within the airline arena. Our subsidiary Access Prepaid Worldwide has been instrumental in the innovation and market-leading solution which will make the Executive Club Multi-currency Cash Passport™ a huge success."

Ian Romanis, British Airways' Head of Loyalty, said: "We are always looking at new and innovative ways to improve the service we offer British Airways Executive Club customers and are sure the Multi-currency Cash Passport™ card will provide even greater flexibility when travelling overseas for business or leisure."

Customers are offered customer service support 24/7 with the Card Services Call Centre based in Peterborough which is provided free of charge to customers. Access sends details to British Airways Executive Club on a weekly basis for Avios to be awarded. The card is issued by R. Raphael & Sons plc pursuant to license by MasterCard International.

The travel card will be available via:www.cashpassport.com/BA

About MasterCard Worldwide

MasterCard (NYS: MA) , www.mastercard.com,is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews,join the discussion on the Cashless Conversations Blog and subscribe for the latest news.

About Access Prepaid Worldwide

Access Prepaid Worldwide provides business partners globally with fully outsourced prepaid card programme management solutions. Leveraging the MasterCard, Visa & CUP networks, Access delivers consumer and corporate travel, payroll and foreign currency prepaid card programmes to a diverse set of partners including financial institutions, travel agents, retailers, bureau de change operators, blue chip corporations and airlines. Access utilises both the in-house transaction processing capabilities of MasterCard's IPS platform as well as relationships with third party processors; whilst also operating a global assistance 24/7 customer support centre and providing total card lifecycle support for its customers and cardholders alike. Access Prepaid Worldwide is a MasterCard Worldwide Business.

About British Airways Executive Club

British Airways Executive Club is British Airways' frequent flyer programme where you can collect Avios when you book a flight or shop with our many partners to spend on flights, hotels and more. You'll also get instant access to special offers and promotions for Members only. It's free to join and Members can have access to benefits straight away.



Press:
MasterCard Worldwide
Ked Mather, 0775-330-0375
Senior PR Manager, MasterCard UK & I
Kedesh_Mather@mastercard.com

KEYWORDS:   United Kingdom  Europe

INDUSTRY KEYWORDS:

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