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.
Sri Lanka is an important market for MasterCard 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. 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,” said Mr. Vikas Varma, area head, South Asia, MasterCard.
As a result, the number of local banks offering MasterCard products is continually growing, having expanded by a further two banks just over the last few weeks. This includes the launch of the Pan Asia Bank Black (Titanium) MasterCard a few days ago, as well as the end-August introduction of the Nations Trust Bank Debit (World) MasterCard.
The range of benefits offered to Sri Lankans travelling abroad continues to be a significant draw for local customer bank cardholders, especially since many are increasingly travelling beyond their borders, to virtually every corner of the globe. One such benefit is the MasterCard Priceless Cities platform.
Sri Lankan MasterCard cardholders can utilize the MasterCard Lounge Program in India, where they can experience the true comforts of luxurious travel even before boarding a flight. Through this unique offering, MasterCard cardholders can avail themselves of complimentary access to, and use of, facilities across select Airport Lounges in India, in cities including Mumbai, Delhi, Bangalore, Chennai and Kolkata.
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