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Kotak Mahindra Launches Falcon Forex Card for UAE Travelers

by Economy India
August 31, 2024
Reading Time: 4 mins read
Kotak Mahindra Launches Falcon Forex Card for UAE Travelers

Kotak Mahindra Launches Falcon Forex Card for UAE Travelers

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Travelers using Kotak Falcon card get 100+ offers on tourist attractions, adventure sports, shopping, dining, and unique experiences

MUMBAI (Economy India): Kotak Mahindra Bank has unveiled its latest offering, the Kotak Falcon Forex Card, aimed specifically at the growing number of Indian travelers visiting the United Arab Emirates (UAE). The card promises not only safety and convenience but also significant savings of up to Rs 20,000, making it an attractive option for both seasoned and first-time international travelers.

A New Milestone for Indian Travelers

The Kotak Falcon Forex Card, a single currency prepaid card, offers a wide range of benefits to Indian tourists in the UAE. Users of the card can enjoy instant discounts at over 100 popular tourist attractions, adventure sports, shopping destinations, dining spots, and other unique experiences across the UAE. This initiative aligns with the growing aspirations of Indian travelers who seek memorable experiences abroad.

Rohit Bhasin, President – Head Affluent, NRI, Business Banking, and Chief Marketing Officer at Kotak Mahindra Bank, emphasized the card’s value proposition: “As part of our focus to be the most preferred bank for aspirational Indians, we are delighted to unveil the Kotak Falcon Card. This card offers safety, convenience, and fantastic savings for travelers, especially those visiting the UAE for the first time.”

Exclusive Discounts and Offers

The Kotak Falcon Forex Card comes with a host of exclusive offers, including:

  • Up to 50% off on tickets for various tourist attractions.
  • Up to 20% discounts at a variety of restaurants.
  • Acceptance at all major merchant outlets and tourist attractions in the UAE.

Noteworthy offers include 30% off at Ski Dubai, 15% off at the top of Burj Khalifa, and 25% off at Ferrari World Theme Park. These discounts aim to enhance the travel experience while ensuring affordability.

Catering to the aspirational Indian traveling to UAE, including first-time travellers, the card offers savings of up to Rs 20,000

Expanding Financial Inclusion

The card was officially launched at the Global Fintech Fest in Mumbai by key figures including Rohit Bhasin of Kotak Mahindra Bank and Muzaffer Hamid, CEO of Mercury Payments Services. Hamid highlighted the collaborative effort behind the card, stating, “By enabling the Kotak Falcon Card, Mercury is advancing our vision of inclusive payments. We are partnering with NPCI International and Kotak Mahindra Bank to expand RuPay’s presence in the UAE, making financial services more accessible and reflecting our commitment to democratizing payments.”

A Step Towards Seamless Travel

With over 2.46 million overnight travelers from India visiting Dubai in 2023 alone, the Kotak Falcon Forex Card caters to a significant demand. The card offers a seamless payment experience and ensures that Indian tourists can enjoy their travels without the hassle of carrying cash.

Kotak Mahindra Bank continues to be at the forefront of providing innovative financial solutions, and the Falcon Forex Card is a testament to their commitment to serving the evolving needs of Indian travelers.

Sr No.MerchantCategoryOffer
1Ski DubaiEntertainment & ExperiencesEnjoy 30% off
2Dubai FrameEntertainment & ExperiencesEnjoy 10% off
3Hot Air Balloon RideEntertainment & ExperiencesEnjoy 40% off on Hot Air Balloon Ride
4At The Top Burj KhalifaEntertainment & ExperiencesEnjoy 15% off
5Yas Water WorldEntertainment & ExperiencesEnjoy 30% off
6Ferrari World Theme ParkEntertainment & ExperiencesEnjoy 25% off
7Dubai Garden GlowEntertainment & ExperiencesEnjoy 25% off
8Dubai Aquarium & Underwater ZooEntertainment & ExperiencesEnjoy 20% off
9Museum of the FutureEntertainment & ExperiencesEnjoy 10% off
10Ramada hotel & Suites by Wyndham JBRDiningBuy 1 Get 1 Free on Lunch/Dinner/International buffet
11Splash FashionsFashionFlat 15% on AED 200

Key Benefits:

  • Safety & convenience of making payments during travel through prepaid forex card as against cash.
  • Travellers using Kotak Falcon card in UAE will get instant discounts at 100+ tourist attractions, adventure sports, shopping, dining, and unique experiences.
  • Up to 50% off on tickets to explore various tourist attractions.
  • Up to 20% discounts across restaurants.
  • Falcon forex cards will be accepted across all major merchant outlets and tourist attractions in the UAE.

(copyright@economyindia)

Tags: Falcon Forex CardKotak MahindraUAE Travelers
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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