Passengers traveling through Singapore’s Changi Airport can now utilize their unneeded foreign change, using the new TravelersBox kiosks located at the airport. TravelersBox is an innovative fintech company that helps travelers convert their leftover foreign currency, including bills and coins, into digital money with favorite e-wallet brands (PayPal and Baidu) or e-Gift cards (iTunes, JD.com, Grab, Tokpedia, Starbucks, Facebook). They may also make a contribution to the Changi Foundation, the philanthropic arm of Changi Airport Group (CAG) that supports youth community efforts, or charities such as the Red Cross1. This way, money that would otherwise be kept in a jar of mixed coins and bills, is now of value again.

TravelersBox kiosks were first installed in Changi Airport in mid-December and in that time, there have been four times more transactions in Singapore than in the next best performing airport.

After trying to work with banks and credit card companies who were uninterested in micropayments, Tomer thought he could partner with e-wallets and e-Gift card merchants. He then founded the firm together with Idan Deshe to capitalize on this market gap.

To find out more about TravelersBox, please visit http://www.travelersbox.com/