July 1, 2014
Today (1st July, 2014) MasterCard announced that it has finalized the acquisition of Pinpoint Pty. Ltd – Leading Australian provider of loyalty and rewards services to financial firms across the Asia-Pacific region.
At MasterCard, we are committed to providing cardholders and customers with topnotch innovative rewards solutions tailored to their interests and needs. With the completion of the acquisition, we will continue to focus on creating synergies to better serve our customers and cardholders, stated the Asia/Pacific Region Group Head of Loyalty Solutions at MasterCard, Chris Fendley, in a press release. And with Pinpoint’s growing presence across Asia Pacific, we are excited for what the future holds for our issuers, merchants and cardholders, he added.
This is a significant step for Pinpoint in further developing the business in the region, commented Founder of Pinpoint, Kim Harding, in the same release. Pinpoint’s deep experience in loyalty and rewards, coupled with MasterCard’s vast network and capabilities, will position the company strongly to grow customer relationships with exciting and innovative programs.