YouTrip increases max limits of its digital wallet, up to 4x its previous cap
- by autobot
- Jan. 3, 2024
- Source article
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Frequent holiday travellers and High SES folks would be chuffed at latest development. The multi-currency digital wallet has , allowing these users to make more payments with 0% transaction fees on popular currencies worldwide. YouTrip today (3 January 2024) increased its digital wallet's stock and flow cap limits. Users can now hold a combined at any point in time, and have an annual spending limit of . This is 3~4 times higher than previous caps, at S$5,000 and S$30,000, respectively. , YouTrip is one of the first licence holders in Singapore to be able to raise limits, which makes its a sweeter achievement for the company and its users. YouTrip’s physical and virtual cards function like debit cards, deducting sums of money from its digital wallet. Payment in Singapore (or in Singapore Dollars) is also supported all along. The cap limit increase also meant that users could easily organise their holiday spending — such as flight tickets, entries to places of interest, and hotel accommodation — all in one spending log on the YouTrip app. The increased cap follows after major updates to YouTrip’s functionality, like and support, on top of a . also include a new fraud-reporting email helpdesk, an extra 12-hour cooling-off period when changing to a new device, an additional authentication request upon changing contact details, and a cap of S$1,000 for peer-to-peer transfers between two YouTrip users. To celebrate its achievement and the enhanced limit cap, YouTrip is giving out three pairs of return flight tickets to anywhere, along with prizes worth S$20,000 — if you are a top spender in one of its three categories between 3 and 16 January 2024. Source: