Bringing you live news and features since 2006 

Dolfin launches international payment card and app


Wealth management platform Dolfin has launched Dolfin Mastercard, a multi-currency payment card available exclusively to the firm’s private clients.

Dolfin Mastercard, which is a prepaid card linked to a client’s Dolfin Payment Account and managed via an app or online platform, provides three key benefits:

• the freedom to spend anywhere in the world while largely avoiding foreign transaction charges;
• the control to lock-in advantageous FX rates or create spending limits at any time; and
• the convenience of managing it all via an easy-to-use app on their phone.

The card lets clients efficiently manage payments from any location, by converting currencies in real time. Clients avoid foreign transaction charges on transactions in 14 currencies, including euros, US dollars and Hong Kong dollars. The card also allows users to transact in any other currency as long as they have the base currency, British pounds, on their card.

Sanjay Maraj, Chief Financial Officer at Dolfin, says that the new card is designed with international clients in mind. “Dolfin Mastercard allows holders to lock in exchange rates in real time,” he says. “When doing so, they see the exchange rate and the amounts they will be buying or selling before they accept the transaction. The currency then appears instantly on the card and is ready to use.” 

Spending limits with a choice of four payment tiers are also available.

The card is linked to a dedicated app and online platform that provides clients with full control over their payments. From anywhere, at any time, they can top up and convert currencies, view transactions in real time, transfer funds to anyone else with a Dolfin Mastercard, or even block their card in the event of it being lost.

Amir Nabi, Chief Operating Officer at Dolfin, says: “The Dolfin Mastercard is another example of us being a true ‘one stop shop’ for our clients. And, although the operational enhancements needed to make it happen were significant, the experience for our clients is simple and seamless.”

Backed by the Mastercard global payment network and powered by the FCA-authorised international payment services provider Volopa, the Dolfin Mastercard is available now to all UK-resident Dolfin clients.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by