Next-Gen Debit

Decoupled Debit Turns Foreign Exchange Fees Into Donations for Frequent Travelers For frequent travelers, the money they sink into seemingly endless foreign exchange fees could be better spent going to charity. In the Next-Gen Debit Tracker, a collaboration between PYMNTS and PULSE, a Discover company, James Lynn, co-founder of the U.K. FinTech Currensea, explains how decoupled travel debit cards spare users from high bank fees but can direct a portion of the savings to causes they care about.
Inside the January Tracker
  • An interview with James Lynn, co-founder of the U.K. FinTech Currensea, on how the company’s decoupled travel debit card helps customers avoid high interchange fees and loyalty to large banks
  • The latest next-gen debit headlines, including how buy now, pay later options have driven the rise of decoupled debit cards and a new set of debit offerings from restaurant point-of-sale (POS) platform Toast that aims to improve how restaurant operators receive money, manage operations and pay and tip employees
  • A Deep Dive exploring the rise in popularity of decoupled debit cards and how companies are looking to find safe and convenient ways to remove the middleman from the payments equation

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