As summer approaches, many of us begin to dream about our next holiday destination. Whether it’s the sandy beaches of the Mediterranean or the bustling markets of Southeast Asia, one thing remains a constant concern: the security of our holiday funds. Fortunately, the Caxton Travel Money Card offers a convenient, modern, secure solution to manage your money while abroad. Here’s how Caxton is keeping your Travel Money safe:
Preloaded Convenience
The Caxton Travel Money Card is not just another piece of plastic in your wallet; it's a secure vault for your holiday savings. By loading your travel budget onto the card, you separate these funds from your main bank account, significantly reducing the risk of theft or loss. Unlike traditional bank cards, the Caxton Card is designed for global use, allowing you to make purchases within the UK and abroad with great FX exchange rates and without the burden of transaction fees. Moreover, should you need cash, ATM withdrawals are entirely free overseas, making your travel experience smoother and more enjoyable.
Real-Time Monitoring
In an age where digital vigilance is paramount, the Caxton Card comes equipped with a feature that offers peace of mind: real-time visibility and transaction notifications. Each time the card is used, you'll receive an instant notification through the app, ensuring you're always in the loop with your spending and card use.
Instant Control
The ability to freeze and unfreeze your card via the app is a game-changer for travellers. Whether your card is lost or simply misplaced, a quick toggle in the app secures your funds immediately. This level of control is unparalleled compared to traditional bank cards, which often require a lengthy cancellation and reissue process. Found your card again? Unfreeze it with just a tap, and you're ready to continue your adventures.
Cutting-Edge Security
The introduction of the 'No Login Login' feature via QR code is a significant leap forward in securing your account. By eliminating email authentication, frequently targeted by scammers, Caxton helps to ensure your account remains inaccessible to unauthorised users. This QR code system recognises your logged-in app, offering a seamless yet secure access method.
Enhanced with Apple Pay & Google Wallet
Integration with Apple Pay and Google Wallet takes security a step further. Transactions require authentication through Face ID, Touch ID, or your passcode, ensuring that your card number and identity remain confidential. This level of encryption and privacy safeguards your information from being shared with merchants or stored insecurely.
The Open Banking Advantage
Open banking is revolutionising the way we manage our finances, and the Caxton Card harnesses this technology to offer a secure loading option. Without ever compromising your security details, open banking authentication relies on advanced methods such as PINs, biometrics, and secure messages, fortifying your card load against potential threats.
FCA Regulation and Compliance
At the heart of Caxton’s operations is a robust compliance culture, underscored by dual regulation from the Financial Conduct Authority (FCA) and Cyber Essentials certification. This regulatory framework ensures that your holiday funds are not only secure but also managed within a structure that prioritises your financial safety and the safeguarding of your funds.
With its innovative features, real-time controls, and adherence to the highest standards of regulatory compliance, Caxton offers travellers a unique combination of convenience and peace of mind. So, as you pack your bags for this summer's adventures, make sure the Caxton Card is at the top of your checklist. Read our complete guide to the Caxton Card.
