Visa Enhances TravelMoney

Visa USA has announced an enhancement to its Visa TravelMoney product adding reimbursement coverage for lost or damaged luggage.

"Visa continually looks for ways to offer cardholders added value in their payment choices," said Todd Brockman, senior vice president, prepaid products, Visa USA.

"When consumers hit the road, they want to travel with confidence and peace of mind. Not only do Visa TravelMoney cardholders have a payment product that can be used at millions of merchant and ATM locations worldwide, they also know that their belongings will be protected during the journey."

Visa TravelMoney is a prepaid, reloadable card that offers cardholders a better alternative to travelers cheques and cash. Travelers can load funds to the card in person, by phone or online, through a checking account, credit card or debit card, and use the card to make purchases at millions of travel, entertainment and retail merchants worldwide - anywhere Visa debit cards are accepted. Visa TravelMoney cards can also be used to withdraw local currency at Visa/PLUS ATMs.