Unveiled at the Global Fintech Festival (GFF) 2025, the prepaid card collection is designed as a vital resource for Indian travellers engaging in international transactions. This portfolio features the Xplorer Metal Global Card, Smart Switch Card, multi-currency options, and co-branded forex cards, targeted at students, leisure travellers, and businesses.
The company stated that these cards facilitate tokenization on Samsung Wallet and Google Wallet, enabling users to perform contactless payments in global markets.
This initiative indicates GlobalPay’s transition from a card distributor model to an issuer role, especially as prepaid and multi-currency cards gain prominence for international travel amidst fluctuating exchange rates and increased regulation on overseas spending.
WSFx Global Pay Limited, operating under the GlobalPay brand, is an RBI-authorized AD-II entity and a BSE-listed company with over 40 years of experience in cross-border payments. It caters to more than 1 million customers and collaborates with over 850 corporates and 650 channel partners nationally.
The launch of the prepaid card is part of a broader transformation at GlobalPay, which also encompasses the introduction of a new digital platform and a revamped brand identity. The company aims to position itself as a transit-oriented, cross-border fintech entity that merges payments with travel-related services.
As part of this transition, GlobalPay has rolled out a mobile application that integrates forex card management with travel utilities, including global eSIM access, travel insurance, airport lounge access, and meet-and-assist services. The app operates on a pay-per-use model rather than bundled subscriptions, according to the company.
On the launch, Srikrishna Narasimhan, Whole-Time Director and Chief Executive Officer of GlobalPay, remarked that the introduction of the card portfolio signifies a fundamental shift in the company’s operating approach. “By launching our own card stack and enhancing digital services, we are now influencing how India travels internationally, beyond just spending,” he stated.
Founder Dilip Modi noted that the company’s development mirrors evolving traveller expectations. “GlobalPay has transitioned from a forex-focused business to a mobility-oriented financial platform tailored to the needs of international travellers,” he explained.
