Holidaymakers are rushing to get out the country as travel restrictions have eased in England and Wales today.
Popular destinations include Portugal after the UK put the country on its green list for travel. This means travellers will not need to self-isolate on their return, and are only required to take one post-arrival test.
EasyJet has added 105,000 extra seats to its flights serving green-tier destinations. Meanwhile, Tui will use aircraft which normally operate long-haul routes to accommodate the surge of people booked to fly to Portugal.
Demand for multi-currency cards and e-money apps has “significantly spiked” over the last month due to the pent-up demand for international travel, reveals one of the world’s largest independent financial advisory and fintech organisations.
deVere Group reports a month-on-month jump in enquiries of 72% for deVere Vault, the pioneering global e-money app and multi-currency card launched in 2017. It comes as ahead of the summer holiday season and as countries around the world begin to ease international travel restrictions put in place due to the pandemic.
Nigel Green, deVere’s chief executive and founder, says: “There’s always an uptick ahead of the start of peak summer travel season.
“But after a year of restrictions, the urge to get away on holiday with friends and family enormous. The pent-up demand for getting back to enjoying and celebrating more of the things we love – including international travel – is palpable.
“And this is reflected in the significant spike in demand for multi-currency cards and global e-money apps, which give you access to and management and use of your money wherever you are in the world with no stress, no excessive exchange rates or hidden fees.”
deVere Vault is an easy-to-use app and Prepaid Mastercard® allowing clients to spend, receive, store and transfer money in up to 27 different currencies.