The conflict in West Asia is significantly impacting Indian travel and foreign-exchange fintech companies such as Niyo, Scapia, and Thomas Cook India. Due to the ongoing war and the Indian rupee's persistent weakness, travelers are opting to carry more cash instead of relying on cards and prepaid wallets. This shift is evident as users are withdrawing cash from forex cards upon arrival at their destinations. The CEO of Niyo, Amit Talwar, noted that discretionary travel to Gulf Cooperation Council (GCC) destinations has virtually stopped, with travelers now favoring regions in East and Southeast Asia. The situation has also led to a decline in demand for visas and travel experiences in Dubai and Abu Dhabi, according to Scapia's founder, Anil Goteti. Furthermore, the rupee has fallen 4.5% since the conflict began, reaching an all-time low of 95.1250 per dollar on March 30. This depreciation is affecting remittances, which are typically expected to increase during such times; however, concerns about job losses in the GCC are leading to slower inflows. The GCC region accounts for approximately 38% of the $135 billion annual remittances into India. As the conflict continues, the overall impact on affordability and spending patterns in international travel is expected to become more pronounced.