Mastercard and Singapore Airlines partner, today announcing a five-year strategic partnership, appointing Mastercard as the preferred partner for SIA’s upcoming co-branded card programs across Southeast Asia, including Cambodia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
Southeast Asia has seen sustained travel recovery over the past two years, as consumers released pent-up demand to travel and enjoy outdoor experiences. In Singapore, affluent consumers assigned over 37% of their discretionary spend to travel by the end of 2023, the highest of any…