Oct 03, Colombo: The MasterCard Company announced today that it plans to add more benefits for cardholders in Sri Lanka with increased merchant tie-ups and reiterated its commitment to promote Sri Lanka as travel destination of choice.
"With the growing purchasing power of Sri Lankans, and the increase in international travel, MasterCard is looking to rapidly expand its domestic presence and offer a range of benefits to cardholders traveling abroad," the credit card company announced today in a release.
MasterCard said Sri Lanka is an important market for the financial company within the South Asia region.
"With an increasing affluent class in Sri Lanka, we see a great opportunity to collaborate with leading domestic banks and provide world class payment solutions along with unrivalled offers to MasterCard cardholders in Sri Lanka," Vikas Varma, area head, South Asia, MasterCard said.
"All our products, including the Titanium, Platinum and World MasterCard, are perfect choice for this customer base which combines the best of global and local experiences," he further said.
Meanwhile, MasterCard says it has also made significant progress in its efforts to popularize Sri Lanka as a premier tourist designation for high-potential travelers from India. This follows last year's signing of a strategic, five-year memorandum of understanding (MOU) between MasterCard and the Sri Lanka Tourism Promotion Bureau to jointly explore and deliver great travel experiences for Indian MasterCard cardholders through special offers and benefits accessible during their visits to the island.
Read the full statement