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Pre-pay travel cards 'gaining in popularity' - 10/09/2007


Holidaymakers are opting for pre-paid travel cards over traveller's cheques, according to Travelex.

The popularity of the pre-pay system is boosted by customers' increasing willingness to pay with plastic, said a company spokeswoman.

"Traveller's cheques are still in use, but people are favouring pre-paid travel cards now," she said.

The number of online transactions for currency purchases has risen by 1,000 per cent in the past three years.

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