Left to right: Mr. Brown, Mr. Rathian and Ms. Chew display giant replicas of the ‘KTC-Agoda Mastercard credit card’ series.
Credit card company Krungthai Card (KTC), digital travel platform Agoda and payment technology company Mastercard have joined forces to launch the “KTC-Agoda Mastercard Credit Card”, aimed at travel enthusiasts.
The three partners say this is the first co-branded credit card in Asia and it comes at the right time as they see a trend of more people starting to travel again given the easing of restrictions. restrictions in many countries.
KTC Chairman and CEO Rathian Srimongkol hopes the cards will be well received by members of the public who love to travel.
“We expect to reach 150,000 KTC-Agoda Mastercard credit cardholders within five years,” he said.
Mr. Rathian said the new credit card offers special value and privileges for hotel, accommodation and flight reservations as well as other comprehensive travel and tourism-related services through the digital platform of Agoda.
John Brown, managing director of Agoda, said the launch of the cards would go some way to accelerating the recovery of Thailand’s tourism industry.
As the Songkran festival approaches in Thailand, Brown said, while many people like to visit domestic destinations, an increasing number of people also want to visit Europe during the holiday season.
Aileen Chew, country manager at Mastercard for Thailand and Myanmar, said the initiative aims to support the local and international tourism sectors in their recovery.
As the world adjusts to a new normal and travel slowly resumes, Mastercard is working with key partners to connect more consumers to travel destinations around the world, she said.
There are three versions of the KTC-Agoda Mastercard credit card: the KTC X–Agoda World Rewards Mastercard, the KTC-Agoda World Rewards Mastercard and the KTC-Agoda Platinum Mastercard.