Mastercard and Canada Post launches Cash Passport
Globetrotters have a new way to travel with less worry about how much cash they have in their pockets. Mastercard and Canada Post recently launched Cash Passport, a simplified and secured way to help pay for purchases abroad. This latest tap card offers more control of travel budget by locking in foreign currency exchange rates in advance so travellers don't have to worry about currency fluctuations.
In addition, the pre-loaded Cash Passport card can hold up to seven currencies at one time giving travellers the flexibility to travel through various countries without having to think about exchange rates throughout the trip. The card will also automatically select the next available currency if you have insufficient funds of the currency you need. The card also holds fixed ATM fees and no transaction fees on international purchases.