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Home Industry Insights Niyo Launches 24-hour doorstep delivery for Travel Cards

Niyo Launches 24-hour doorstep delivery for Travel Cards

Ahead of this launch, Niyo conducted a survey to understand the reasons behind last-minute travel and found that leisure or spontaneous plans account for 39 per cent, followed by work-related travel at 20.6 per cent

By BWT Online
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Niyo

Niyo launches ‘Niyo Express’, offering last-minute international travellers in Bangalore, Delhi NCR, Mumbai, and Pune a 24-hour delivery service for their international debit cards, including doorstep assistance for KYC and activation. The service is free for a limited time during the summer travel season.

Ahead of this launch, Niyo conducted a survey to understand the reasons behind last-minute travel and found that leisure or spontaneous plans account for 39 per cent, followed by work-related travel at 20.6 per cent. Additionally, 27.9 per cent cited other reasons, with family emergencies and visa delays representing 8.8 per cent and 3.7 per cent, respectively. Niyo’s recent annual travel insight report, Niyo Rewind 2024, revealed that 48 per cent of all flight bookings in 2024 were made just 0-7 days before departure, and 30 per cent of visa bookings occurred 16-30 days prior to travel.

Vinay Bagri, Co-founder and CEO of Niyo, said, "As international travel continues to rise, particularly among first-time travellers, and with the growing accessibility of visa-free destinations, impromptu travel plans have become more common than ever. Coupled with India’s thriving quick-commerce culture, it’s clear that the needs of today’s travellers are evolving rapidly. With Niyo Express, we are redefining travel banking by offering fast, seamless solutions that cater to these changing demands, ensuring our customers have access to the financial tools they need, when they need them."

The survey also highlighted that 14.1 per cent of international travellers consciously make last-minute travel plans (within less than a month), while 53.3 per cent plan moderately in advance (1-3 months before departure) and 32.6 per cent plan well in advance (3+ months). Additionally, 41.9 per cent of international travellers are opting for visa-free destinations due to last-minute travel plans.

Recognising this trend, Niyo aims to address delays and hidden costs associated with forex access, providing fast, reliable solutions tailored for last-minute needs.