Mastercard and Musafir partner to boost seamless travel bookings through innovative solutions

  • Date: 29-May-2022
  • Source: Eye of Riyadh
  • Sector:Economy
  • Country:Middle East
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Mastercard and Musafir partner to boost seamless travel bookings through innovative solutions

As recovery of the travel industry picks up steam, payments technology company Mastercard and travel website Musafir have partnered to take travel bookings originating in the Middle East and North Africa, to new heights. The exclusive partnership will digitize end-to-end payment flows and launch new innovative payment products with attractive travel benefits to both consumers and corporates. 

 

According to an analysis by the Mastercard Economics Institute, if flight booking trends continue at their current pace, an estimated 115 million more passengers in Eastern Europe, Middle East and Africa will fly in 2022 compared to last year. The research reveals that global leisure and business flight bookings have surpassed pre-pandemic levels with an estimated 1.5 billion more passengers predicted to fly in 2022 compared to 2021.