YouTrip, the favored multi-currency e-wallet in Singapore, unveils elevated wallet limits and advanced security measures, setting a new standard for user convenience and protection during cross-border transactions.
3 January 2024 – YouTrip, the preferred multi-currency e-wallet in Singapore, has unveiled significant improvements to its digital wallet, introducing elevated stock and flow cap limits and reinforcing security measures for enhanced user protection during cross-border transactions.
Effective immediately, YouTrip users can now maintain up to S$20,000 in their wallets at any given time, accompanied by an annual spending limit of S$100,000. This notable increase from the previous limits of S$5,000 and S$30,000, respectively, positions YouTrip as the pioneer among Major Payment Institutions to elevate these thresholds, aiming to streamline and enrich the payment experience for users.
Caecilia Chu, CEO and Co-Founder of YouTrip, expressed the company’s dedication to simplifying cross-border payments, stating, “This revision to the wallet limits is a game-changer, allowing us to offer unparalleled convenience and open doors to a world of unhindered payment experience to our users.”
To complement these increased limits, YouTrip has implemented additional security features to bolster user confidence. These include a dedicated Fraud Reporting Email, Kill Switch Activation for immediate account suspension, a 12-hour Cooling-off Period after a new login, a strengthened authentication process, and a S$1,000 Transaction Limit for YouTrip Send.
Ariel Yeo, a YouTrip user, attested to the practical benefits of the enhanced limits, stating, “Now with the increased e-wallet cap and spending limits, I can easily handle the booking of flights and group expenses – with everyone benefitting from the convenience and savings YouTrip offers!”
To further empower users against potential threats, YouTrip recommends staying vigilant and proactively safeguarding card information. Enabling real-time notifications on the YouTrip app and regular review of account statements are advised practices.
To celebrate these advancements, YouTrip has launched the ‘trip it to win it’ campaign from January 3 to January 16, 2024. Users participating in various spending categories stand a chance to win return flight tickets, mystery travel boxes, and cashback prizes.
