TravelersBox - a startup based in Israel that helps travelers to get rid of unnecessary foreign currency, they have got after the trip to a foreign country immediately in the airport. These are big orange boxes (machines) installed at the airports, basically, are designed for a small change, because such coins in exchange offices are not usually taken.
With the help of these machines traveler can fund his account in Skype, PayPal, iTunes, purchase cards or gift certificates of partner shops like Starbucks, H&M, Nike, GAP and more others (the number of partners is growing every day) or to transfer funds for charity.
Some of the brands TravelersBox has partnered with
TravelersBox receives not only the local currency. Among the supported currencies - US dollars, euros, Pounds sterling, the Russian ruble, and others. Service is conducted in twelve languages, including Russian and Hebrew. The user is guaranteed that the money will " fall "on his account within two working days. the service fee is charged at the rate from 3 to 10%, depending on the amount transferred.
Machines have been installed in several countries - Israel, Italy, Georgia, Canada, Turkey and the Philippines. TravelersBox team plans to expand the geography of this service around the world.
According to TravelersBox, from this service in the foreign countries benefited about 300,000 people. On average, each of them have transferred into a virtual account 18 dollars.On themed forums netizens are predicting a great future for the startup, and the total amount of investments has already totalled $ 15.5 million.
Qingyi Li & Anastasiia Moskalenko
Sources:
http://www.cntraveller.in/story/these-kiosks-will-convert-your-leftover-foreign-exchange/
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