FYPTO is a leftover currency e-wallet targeted for solution to the leftover currency problem of foreign travelers. This is the first version prototype of FYPTO E-wallet app for testing and understanding it's purpose.
Leftover currency is a real pain point of every foreign traveler. When we travel to any foreign country, usually at the time of return we convert the remaining foreign currencies to our home country currency. But most of the time we are left with some small notes and coins of foreign currency. Because of the small denomination of the currencies normally we cant not exchange it.
So, this is what travelers normally do with their leftover currencies:
- Spend it all at the airport
- Dump it at home (no value!)
British homes are harboring over 1.6 billion pound of leftover holiday money. In a survey from 1100 British travelers on an average a person holded 54 British pound of foreign coins and notes ranging from Cypriot Pounds to Thai Baht. The survey also revealed that 89% of the people hoard the leftover currencies at their home (Source: telegraph.co.uk).
Travelers lose an average of $285 from unused foreign currency after trips abroad and an additional $80 of lost loose change according to VISA Inc. Leftover currency is a common pain-point for travelers all around the world, yet unsolved.
Billions of travelers face this problem every-time they go for a foreign trip. Still, there's no truly useful and convenient solution to this problem. The hassle to deal with small coins and notes at the end of foreign trip simply isn't worth the time.
FYPTO gives the most efficient solution to this leftover currency problem for travelers all around the world, especially for the frequent travelers who have collection of unused leftover currencies at their piggy-banks or drawers.
When returning from foreign travel, deposit your leftover currencies easily and conveniently to many FYPTO cash in/cash-out agents around you-
Airline staffs and others
Then via FYPTO App you can:
-->Transfer to different e-wallets: Paypal, Neteller, AliPay etc.
--> Transfer directly to bank accounts
--> Convert/redeem/refill for discount, voucher or e-credits by your leftover currencies
--> Even exchange and withdraw cash from agents
FYPTO captures the true value in leftover currencies and give it back to travelers. It is the most convenient solution to real world leftover currency problem of travelers.