Entercard Group AB and FOREX have entered into a new agreement that means that Entercard will become the new credit card issuer for FOREX Credit Cards. The new collaboration will be effective from December 2024.

From December 9, 2024, customers will have the opportunity to apply for a new FOREX Credit Card issued by Entercard. After March 4, 2025, FOREX existing credit card customers will be transferred to the new card and its improved digital services. FOREX Credit Cards can be used for purchases and cash withdrawals at all ATMs that accept Mastercard.

Issued by Entercard, FOREX Credit Card will offer several new benefits and features that simplify both everyday life and travel. In addition to a fully digital application and onboarding process, services such as Apple Pay and Google Pay will be available, a new modern app with more features and improved insurance.

– Just as cash is needed on most trips, a credit card with benefits and features that simplify not only the trip, but also everyday life is also needed. Extended and improved travel insurance, purchase insurance without deductible for appliances and home electronics, and easier handling of invoices and payments are just a few of the advantages of the FOREX Credit Card, says Annelie Nässén, CEO and President of FOREX.

Entercard is a Nordic credit market company and specialists in credit cards and personal loans. With its ability to offer digital payment solutions and services, Entercard will be an important partner to strengthen FOREX's digital customer offering.

– We are grateful for the trust from FOREX and look forward to being part of their strategy to further improve their digital customer offering. This partnership gives us a fantastic opportunity to develop and improve the customer experience for FOREX credit card customers, and together develop the credit card business,” says Helena Jansen, Head of Partner Sales.

According to the press release.