Abstract: Embodiments provide methods, and server systems for updating an existing currency plan profile to a currency plan profile for a payment card. The method includes facilitating, by an issuer server of a payment network, payment transaction between an issuer account associated with a payment card of a customer and an acquirer account associated with a travel booking entity. The payment transaction is associated with a foreign travel booking request. The method further includes generating a currency plan profile for the payment card in response to one or more travel details of the foreign travel booking request. The method includes providing the currency plan profile to the customer for approval of the customer. Upon receipt of the approval from the customer, an existing currency plan profile of the payment card is updated to the currency plan profile for facilitating a future payment transaction from the issuer account in a foreign destination.