cochange.com

Travelers are becoming more responsible

Nowadays, more and more travelers intend to travel in a responsible and sustainable way. People care more than before about the environmental and social impact their travels could bring to the places they are visiting.

According to a recent travel survey conducted by coChange (on 352 travelers), 64.3% of the surveyed say that they buy “fair trade” labeled products on a regular basis.

Moreover, 87.7% of the consumers consider themselves as a “responsible traveler”. With a continuously increasing attention for this new way of traveling, more and more traveling related companies are inspired to provide sustainable solutions.

How can we reconcile money exchange and a sustainable travel approach?

First of all, have you ever realized that by exchanging money at a local money changer, you are actually helping the development of the local economy? Instead of withdrawing money from an ATM, and giving your money to the bank intermediaries, your money will go through the local currency exchange office, and directly flow into the local market.

Most currency exchange offices are small businesses operated by families. Your action will help to support them and, therefore, your money will contribute to the development of the local economy of the country that you are visiting

Based on our recent research, 55.1% of the consumers are willing to withdraw money from a currency exchange office in order to help local development. This could definitely be a better way for all the sustainable travelers to shoulder their responsibility. Questions on how to convince the 44.9% of the people who are not yet convinced about the absolute necessity to use local money exchange offices in order to foster local development still remain. This is why we have created coChange!

How will coChange help you?

By providing travelers with a free & collaborative comparison tool for currency exchange offices, coChange assists travelers in locating the best currency exchange offices worldwide, and avoid scam and hidden fees.

coChange aims to support the local independent currency exchange businesses and make them more visible. We hope that our application will contribute to the development of the local businesses and that, in return, you will benefit from of a better offer.

So why not exchange your money at a local money changer? You will be able to travel more responsibly, and meanwhile you will get the best out of your money!