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Mastercard Loyalty Solutions teams with Thanks Again in India

Tuesday, August 30, 2016 — 13:27:52 (EDT)

Atlanta, Aug. 30, 2016 -- Mastercard Loyalty Solutions is partnering with Thanks Again, the world's only airport loyalty coalition program to introduce it in the Indian market. A unique consumer rewards program, Thanks Again aims to entice more outbound Indian travelers to North America and will enable cardholders from India to earn additional Mastercard merchant funded reward points when they shop, dine, pre-pay for parking or spend on special services at more than 100 airports across North America.

The exclusive partnership will provide Mastercard prepaid, credit, debit and commercial cardholders the opportunity to earn points immediately after registering their Mastercard card on the Thanks Again India website. Registered cardholders can earn one Thanks Again point for every $1 spent on their Mastercard card at more than 100 participating airports and thousands of merchants across North America. Accumulated points are incremental, above any rewards already received from existing travel loyalty programs and can be redeemed for airline miles, hotel points and other airport perks.

"We have successfully partnered with Mastercard Loyalty Solutions in multiple global markets, including China and I am honored to have the opportunity to work with them again to bring our unique loyalty program to India and its rapidly growing travel market", said CEO of Thanks Again, Marc Ellis. "One of our goals for 2016 is to expand our cross-border presence and this partnership is key in helping us achieve this goal."

Country Corporate Officer, India & Division President, South Asia, Mastercard, Porush Singh, said "We are delighted to expand our partnership further across the region, now with Thanks Again in India. As one of the fastest growing air travel markets, this partnership will open up more opportunities for our outbound Indian cardholders to earn additional rewards whilst they travel. Providing customer loyalty benefits across our global network, is another example of how we deliver added value and experiences for Indian Mastercard cardholders who travel abroad."

The International Air Transport Association (IATA) has projected that India will be among the five fastest-growing air passenger markets in the world by 2034 (275 million new passengers for a total of 378 million). In addition, IATA has also predicted India will overtake the U.K. as the third-largest air passenger market by 2026. It is apparent that the rising number of outbound travelers - both for business and leisure - will increase their spending on hotels, parking, shopping and dining in and around airports.

Indian cardholders can sign up on the Thanks Again website. Additionally, cardholders can download the Thanks Again app from the Apple App Store or Google Play on their mobile device and earn 100 Thanks Again points for enrolling.

About Thanks Again Thanks Again®, headquartered in Atlanta, is the leading global loyalty and consumer engagement platform that makes travel more rewarding for frequent travelers. The only rewards program of its kind, Thanks Again enables members to earn points when they shop, park or dine at thousands of retailers in and around more than 100 airports. Accumulated points are incremental, above and beyond the rewards already received from existing travel loyalty programs. Integrated with Mastercard®, Visa® and American Express®, the card-linked loyalty program is free, secure and easy to use. Visit thanksagain.com to learn more or connect via Facebook.com, Twitter.com Instagram.com and YouTube.com.

About Mastercard Mastercard (NYSE: MA), www.mastercard.com , is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardAP and @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

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Source: Company press release.