New Delhi, June 7 -- Indian travellers choosing a foreign destination have multiple options to choose from when it comes to facilitating payments. Popular among these are credit cards, forex cards and pre-paid travel cards. But is any one option better for travellers compared to the other?

"There is no single 'best' option," believes Vivek Bagree, Chief Business Officer, Cards at Niyo, he added, "the right choice depends on how a traveller spends, how long they are travelling, and how much certainty they want on exchange rates."

Forex and prepaid travel cards are a strong fit for travellers who want budgeting discipline and exchange-rate certainty. Here funds are loaded in advance, which locks in the rate and shields the traveller from ...