FOR strengthening business in the tourism segment, Bank Mandiri is collaborating with Traveloka. The two companies launched the Traveloka Mandiri Card credit card co-branding. Through this collaboration, travelers can take advantage of more advantages to explore various tourist destinations both at home and abroad.
According to Hery Gunardi, Consumer Director & Retail Transaction Bank Mandiri, Tourism is one of the main sectors that can encourage sustainable economic growth in Indonesia. “This sector also continues to grow and through this collaboration with Traveloka, we believe we can strengthen and increase our market share in this growing sector,said Hery, at the launch of the Traveloka Mandiri Card in Bali (14/2).
Revealed, to the End 2019, the number of Bank Mandiri credit card holders reached 2 million with a financial transaction value of Rp 43 trillion, grow 16% from the previous year. From that value, transactions used for traveler needs are estimated to reach 17%.
Harry added, through this co-brand credit card, he hopes to increase the composition of traveler financing in this business to 20% so that it can encourage the growth of Mandiri's credit card business in the range of 10% at the end of the year 2020.
Meanwhile, Henry Hendrawan, President, Traveloka Group Operations said Traveloka's partnership with Bank Mandiri allows Traveloka to provide added value for Traveloka Mandiri Card users, with the main aim of making it easier for users to meet their travel and lifestyle needs.
“Through Traveloka Mandiri Card, users can not only earn more Traveloka Points, but also can enjoy exclusive promotions and various products that can be exchanged with Traveloka Points. With offers that users can take advantage of, Traveloka Mandiri Card can be categorized as a card specifically designed for the Indonesian millennial generation,said Henry Hendrawan.
Henry also revealed that Traveloka is proud to be able to establish a partnership with Bank Mandiri as one of the largest financial institutions in Indonesia, which allows users to explore remote parts of Indonesia by utilizing Traveloka Points. "We hope that this collaboration can also attract millennial consumers in Indonesia to take full advantage of banking products and services.",Added Henry.
Traveloka Mandiri Card
This co-branded credit card comes with various benefits for users. Including more opportunities to get Traveloka Points for various shopping transactions anywhere, both for Traveloka products and other products outside Traveloka (at all online and offline merchants). Then double the Traveloka Points earned for purchasing airline tickets and hotel products on Traveloka. Also a flexible point redemption mechanism. And free travel insurance and purchase protection.
The Traveloka Mandiri Card will be able to be enjoyed by the people of Indonesia in the next few months by submitting a card application that can be done through the Traveloka application.
Riko Abdurrahman, President Director of PT Visa Worldwide Indonesia said he was proud to be the payment network of choice for Traveloka Mandiri Card. This allows cardholders to shop wherever Visa is accepted, from 61 million merchant locations worldwide.
Traveloka Mandiri Card is also equipped with contactless technology from Visa, which allows users to enjoy fast payment processing, just one tap, without having to enter a PIN or signature for transactions under Rp 1 million. “Not only fast and convenient, payment with contactless technology is also very safe, uses the same security technology as other Visa chip-based cards,” said Riko.
