The partners aim to simplify the booking process for industry professionals
Online travel agent Musafir has partnered with Mastercard to digitise end-to-end payment flows and launch new payment products offering travel benefits to both agents and consumers in the region.
According to the latest findings from the Mastercard Economics Institute, if flight bookings continue at their current pace, an estimated 115 million more passengers will fly in Eastern Europe, the Middle East and Africa in 2022 compared to last year.
The research also revealed 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.
Speaking about the announcement, Mastercard EVP of Market Development, Eastern Europe, Middle East and Africa, Amnah Ajmal said: “At Mastercard we are committed to contribute to the continued recovery of the travel and tourism sector through insights, data analysis, innovative digital solutions, and unique partner collaborations.
“We are continuously investing to innovate across the travel value chain. We are excited to partner with Musafir to provide digital-first experiences to their consumers.”
Musafir.com co-founder and CEO, Sachin Gadoya, added: “Our partnership with Mastercard is a testament to our belief that travel is back and our commitment to providing both consumers and corporates with technology-led travel solutions.”
Musafir.com recently launched an all-in-one business travel management solution that enables organisations to manage travel through automated approval workflows and travel policy compliance. According to the company, more than 1,700 businesses are leveraging the platform to realise savings of up to 20% on their annual travel spend.
For more information, visit www.musafir.com