Kuala Lumpur is the Third Most Visited Destination – Asia Pacific  Destinations Index

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Kuala Lumpur is the Third Most Visited Destination – Asia Pacific Destinations Index

Kuala Lumpur has emerged as the third most visited APAC destination in Mastercard’s Asia Pacific Destinations Index (APDI), ahead of Tokyo and Seoul. Bangkok and Singapore take up the first and second spots respectively.

Mastercard Enables Contactless Payments with ERL,  Bringing Seamless Travel to Malaysians

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Mastercard Enables Contactless Payments with ERL, Bringing Seamless Travel to Malaysians

Mastercard’s first transit collaboration in Malaysia offers swifter, more convenient payments experience for commuters

Millennial and Gen Z Muslim Travelers driving a US$180 Billion Online Travel Market

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Millennial and Gen Z Muslim Travelers driving a US$180 Billion Online Travel Market

The increasing reliance on the internet, social media and smartphones for place discovery and travel bookings by Muslim Millennials and Generation Z is driving the travel market with online travel expenditure by Muslim travelers expected to exceed US$180 billion (RM736 billion) by 2026.

Mastercard-CrescentRating Global Muslim Travel Index (GMTI) 2019: Malaysia and Indonesia Take the Top Positions

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Mastercard-CrescentRating Global Muslim Travel Index (GMTI) 2019: Malaysia and Indonesia Take the Top Positions

For the first time, Malaysia and Indonesia share the top spot in the Mastercard-CrescentRating Global Muslim Travel Index (GMTI) 2019.

Mastercard and PLUS Partner to Bring Smoother Journeys to Penang

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Mastercard and PLUS Partner to Bring Smoother Journeys to Penang

Mastercard announced its partnership with PLUS Malaysia, the largest toll expressway operator in Malaysia, for the pilot launch of PLUS RFID. Leveraging Mastercard’s payments technology, PLUS RFID (Radio Frequency Identification) will enable, safe, convenient, and seamless toll payments for highway users in the northern region of Malaysia. The pilot program will start on 15 December 2018 and implemented at toll plazas in Penang (Penang Bridge and Butterworth-Kulim Expressway) and in Kedah (Jitra).

Malaysia Ranks Number One Destination In The Global Muslim Travel Market

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Malaysia Ranks Number One Destination In The Global Muslim Travel Market

Kuala Lumpur, 14 April 2018 – Malaysia has upheld its position as the number one destination in the global Muslim travel market as rivals are looking to close the gap fast, according to the leading annual research on the sector. The Mastercard-CrescentRating Global Muslim Travel Index (GMTI) 2018, which covers 130 destinations, saw Malaysia retain the premier spot for the eight consecutive year while Indonesia built on its year-on-year growth by moving up to joint second with the United Arab Emirates in the overall rankings. The Index also reveals that a number of non-Organisation of Islamic Cooperation (OIC) destinations in Asia moved up the rankings – a result of their concerted effort to adapt their services to cater to and attract the […]

Simplify Everyday Life with Contactless Payments

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Simplify Everyday Life with Contactless Payments

Kuala Lumpur, 6 October 2017 – More consumers today are going cash-free with contactless payments as they embrace the speed, convenience and security of tap and pay technology. According to a market research report published by MarketsandMarkets, the global contactless payments market is expected to grow at a CAGR of 21.2 percent from USD 6.70 billion in 2016 to USD 17.56 billion by 2021[1]. In Malaysia alone, Mastercard contactless transactions have grown 5002% in January to August 2017 period, as compared to the same timeframe last year. The average transaction value recorded between January to August 2017 was RM70 for debit cards and RM97 for credit cards with Malaysians using contactless payments mostly at F&B establishments (20%), followed by hypermarts (11%), and clothing stores […]