R-Money, Citi set to launch travel card

R-Money, Citi set to launch travel card
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First Published: Sun, May 24 2009. 10 10 PM IST
Updated: Sun, May 24 2009. 10 10 PM IST
Mumbai: Reliance Money or R-Money, India’s largest brokerage, and Citibank, the global banking division of Citigroup Inc., are set to launch a co-branded travel card that will allow overseas travellers to make cashless transactions in three currencies initially.
“Initially, we will be offering the dollar, pound sterling and euro in the currencies this card can be loaded with. Later we may add more, depending on the demand,” said Sudip Bandyopadhyay, Reliance Money’s managing director.
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First Published: Sun, May 24 2009. 10 10 PM IST