Online Retailers

At First Rate we have seen a number of online retailers starting to sell Foreign Currency to generate new income streams. We can offer you a seamless entry into the lucrative FX market

First Rate provides a ‘white-label’ service for online customer travel money, giving you the opportunity to maximise your brand’s customer offering. This service is called, not surprisingly, Travel Money Online. TMO offers:

  • 5 easy steps to ordering for your customers
  • Next working day delivery if ordered by 15:00
  • Genuine ‘white-label’ – our name will never compete with yours
  • Ability for customers to select a delivery date up to 5 business days ahead
  • Supporting web analytics
  • Rates, fees and min/max order thresholds to suit your strategic and commercial objectives

We have robust anti-fraud measures to reduce shared fraud risk – multi-level transaction and cardholder checks including 3D secure (Visa and MasterCard).

Our fulfillment success rate for the past 3 years is 99.97% across all our pre- order and online customers.

International Payments

First Rate’s established International Payments service enables private and business customers to transfer larger sums of money between countries efficiently, reliably and typically at a lower cost than competitors.

It has created significant growth for one of our existing clients.

First Rate can offer an easy and effective affiliate scheme to clients, which simplifies the set up and management of the service. This is the recommended approach for entering this market with smaller initial volumes expected.

A fully managed end-to-end service is recommended for larger scale operations.

Pre-paid Travel Money Card

Pre-paid travel money cards are a secure and more convenient way to spend money abroad, negating the need to carry large amounts of cash in your wallet.

Ideal for customers travelling on leisure or business, they can lock their exchange rate in advance of the trip, so their money is not subject to any changes in local exchange rates.

First Rate’s travel cards are available in eight different currencies – Euros, US Dollars, Sterling, Australian Dollars, Canadian Dollars, New Zealand Dollars, Swiss Francs and South African Rand.

All are fully reloadable both in the UK and abroad using our secure online website or via an SMS message.

Our travel cards are all issued with chip and PIN to offer your customers the highest level of security. They can even use the card online to make purchases with our online SecureCode transaction protection.

First Rate recognises that each client has different business objectives from its pre-paid card programme, so we like to spend time to get to understand your needs, creating a pre-paid card solution that’s perfect for you and your customers.

The First Rate brand or name will never be evident to your customers. We ensure that our client’s brand guidelines, customer service ethics and corporate ethos are reflected across the card programme, from card design to the way our customer service team answer calls.

Post Office Travel Money Card is an electronic money product issued by First Rate Exchange Services Ltd pursuant to license by Mastercard International. First Rate Exchange Services Ltd, a company registered in England and Wales with number 4287490 whose registered office is Great West House, Great West Road, Brentford, TW8 9DF, (Financial Services Register No. 900412). Mastercard is a registered trademark of Mastercard International Incorporated.