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Ixigo launches virtual travel currency

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Travel marketplace ixigo has launched a virtual travel currency. Announcing the launch, ixigo CEO and co-founder, Aloke Bajpai, said, “Research reveals that travellers in India are tired of gimmicky travel loyalty programmes, cashback offers, and wallets that come with limitations and restrictions on their earning and usage. Most existing programmes, have minimum booking values to earn anything at all, you get your cashback or earnings many days after your booking and your earned value is most likely to expire within 90 days. Also, you can never use all of your earnings at once, as they only allow usage of a small percentage on every transaction. All that changes today, with the launch of ixigo money – India’s first no-gimmicks, no limits virtual travel currency.”

With no minimum booking amounts to earn ixigo money, no usage limit on ixigo money balance, instant discounts on future bookings, guaranteed 48 hour transfers and a six months expiry period, ixigo money works across multiple OTAs and airlines that are partnered with ixigo. In addition to these, when travellers pays their entire booking amount using ixigo money, they will be charged zero convenience fee by the booking provider.

With the value of one ixigo money being equivalent to a rupee, users are entitled to use the entire balance of their ixigo money account on their next booking transaction. Travellers can avail the benefits of ixigo money by signing in to the ixigo website or app on android or iOS.