The company unveiled the prepaid card stack at the Global Fintech Festival (GFF) 2025, positioning it as a core offering for Indian travellers making international payments. The portfolio includes the Xplorer Metal Global Card, Smart Switch Card, multi-currency cards, and co-branded forex cards, aimed at students, leisure travellers and corporates.
According to the company, the cards support tokenisation on Samsung Wallet and Google Wallet, allowing users to make contactless payments across international markets.
The move signals GlobalPay’s transition from a card distributor model to that of an issuer, at a time when prepaid and multi-currency cards are regaining relevance for overseas travel amid volatile exchange rates and tighter controls on international spending.
WSFx Global Pay Limited, which operates under the GlobalPay brand, is an RBI-authorised AD-II entity and a BSE-listed company with over four decades of experience in cross-border payments. It serves more than 10 lakh customers and works with over 850 corporates and 650 channel partners nationwide.
The prepaid card launch forms part of a wider transformation at GlobalPay, which also includes the rollout of a new digital platform and refreshed brand identity. The company said it is repositioning itself as a transit-led, cross-border fintech platform that integrates payments with travel-related services.
As part of this shift, GlobalPay has introduced a mobile application that combines forex card management with travel utilities such as global eSIM access, travel insurance, airport lounge entry and meet-and-assist services. The app follows a pay-per-use model rather than bundled subscriptions, the company said.
Commenting on the launch, Srikrishna Narasimhan, Whole-Time Director and Chief Executive Officer of GlobalPay, said the introduction of the card stack marked a structural change in the company’s operating model. “By launching our own card stack and expanding digital services, we are now shaping how India moves abroad, not just how it spends abroad,” he said.
Founder Dilip Modi said the company’s evolution reflects changing traveller expectations. “GlobalPay has moved from a forex-led business to a mobility-driven financial platform designed around international travel needs,” he said.
