American Express Global Travel Card launched in India

American Express has recently launched in India the American Express Global Travel Card. The revenue potential of prepaid cards in the country will touch $218 million by 2015, according to Global Prepaid Exchange. The total market size and opportunity for the forex card category is $1.5 billion, which has been growing at 34 per cent since 2004. To boost card usage among globe trotters, American Express will provide merchant offers and discounts of up to 20 per cent in retail, dining and lodging across countries. information for doing business in the region.