Multi-Currency Digital Wallet for Travellers Now Available in
Sweden, Norway, Finland & Denmark
STOCKHOLM and AUSTIN, Texas, Oct. 12,
2018 /PRNewswire/ -- Today Rêv, a global payments
innovations company, officially launched the SAS EuroBonus Travel
Wallet™ in partnership with Mastercard and Scandinavian Airlines
Group, one of Europe's top-ten
airline groups. This mobile-first, multi-currency digital wallet
offers broad functionality and is accompanied by a physical
Mastercard prepaid card. With the SAS EuroBonus Travel Wallet™,
users earn EuroBonus Extra points on qualifying purchases around
the world and can access their accounts online via mobile and
smartwatch applications.
The entrance of Travel Wallet™ into the Scandinavian market
marks the celebration of a renewed multi-year agreement between
Rêv, the Scandinavian Airlines Group and Mastercard. Along with the
SAS EuroBonus loyalty programme, Travel Wallet™ will leverage Rêv's
proprietary payments processing platform, multi-currency
functionality, and programme management experience, as well as the
Mastercard network for acceptance of online and offline
transactions.
"SAS continuously strives to offer the very best to our
customers across their entire travel experience. The EuroBonus
Travel Wallet™ is a prepaid Mastercard, perfect for anyone who
values convenient control over exchange rates and spend, while
earning EuroBonus points on purchases in everyday life or during
travel," says Johan Mägi, Head of EuroBonus at Scandinavian
Airlines.
The new SAS EuroBonus Travel Wallet™ programme brings Nordic
travelers the following benefits:
- Universal Acceptance. Mastercard acceptance at
over 30 million merchants worldwide including ATMs, with a
personalised Travel Wallet™ Mastercard, as well as a virtual card
for high-security online purchases.
- Real-Time Foreign Exchange. Travel Wallet™
supports 13 currencies, including Swiss Franc, Danish Krone, Euro,
British Pound, Hong Kong Dollar, Japanese Yen, Norwegian Krone,
Polish Zloty, Singapore Dollar, Swedish Krona, Thai Baht, Turkish
Lira, and United States Dollar. Users will enjoy converting
currencies to lock-in rates before a trip with a few simple clicks
on the Travel Wallet™ Mobile App or the Travel Wallet™ Web Account
Centre.
- EuroBonus Extra Points On Every Purchase. Travel
Wallet™ users are awarded EuroBonus Extra points on every purchase
they make domestically or internationally, online and offline, at
merchants around the world who accept Mastercard debit cards.
- Access to Mastercard Priceless Offers. The
Mastercard Priceless Cities programme invites Travel Wallet™
account holders to participate in exclusive activities. The
programme offers something for all types, including travellers who
fancy entertainment, arts & culture, culinary events, and
sporting events.
- Enhanced Account Security. The SAS Travel Wallet™ Mobile
App allows for Touch ID or Face ID login functionality, making the
entire Travel Wallet™ experience more secure. Additionally, account
holders are able to block and unblock a Travel Wallet™ Card from
the mobile and smartwatch apps at any time.
- Smartwatch Account Access. With the Travel Wallet™
Smartwatch App, users can access their accounts directly from their
wrists -- literally -- at any time. The Travel Wallet™ Smartwatch
App features a smart geolocation balance display, an easy access
currency calculator, and a detailed view of the user's transaction
history.
"We are pleased to extend our cooperation with Rêv and
Scandinavian Airlines Group. With the launch of the SAS EuroBonus
Travel Wallet, which comes with both a physical and virtual
Mastercard, we facilitate easier and more secure payments on the
trip. Consumers can feel they have control and feel confident that
their payments are done in the most secure way, wherever they are,"
comments Erik Gutwasser, Regional
Manager for Mastercard in the Nordics and Baltics.
Rêv Co-Founder & Chief Executive Officer Roy Sosa noted, "The collaboration between the
parties involved in bringing this program to market focussed on
providing users the best travel payments experience possible.
We look forward to seeing how travelers in Scandinavia respond to a
product that helps their money go further along the way."
The SAS EuroBonus Travel Wallet™ Mastercard is available to all
Travel Wallet™ account holders. The Card is issued by Catella
Bank S.A., pursuant to a license by Mastercard International Inc.,
and subject to the Terms & Conditions available at
www.sastravelwallet.com.
About Rêv
Rêv is a fintech company dedicated to
delivering frictionless payment experiences to consumers worldwide.
Its mobile prepaid and debit card solutions are powered by the
company's proprietary multi-currency processing platform. With vast
experience pioneering a number of industry firsts, Rêv is currently
focused on products that disrupt the travel, currency exchange, and
mobile banking sectors. Rêv has partnered with renowned airlines,
banks and payment networks across the globe to launch products in
North America, Latin America, Europe, the Middle
East, and Asia-Pacific.
Learn more at www.revworldwide.com.
About SAS
SAS carries more than 30 million passengers
annually and is Scandinavia's leading airline with close to 800
daily flights on 272 routes to 123 destinations in Scandinavia,
Europe, USA and Asia.
SAS is a member of Star Alliance™ and can together with our partner
airlines offer more than 18,400 daily flights to over 1,300
destinations around the world in 193 countries. For more
information, visit www.flysas.com.
About Mastercard
Mastercard (NYSE: MA),
www.mastercard.com, is a technology company in the global payments
industry. Our global payments processing network connects
consumers, financial institutions, merchants, governments and
businesses in more than 210 countries and territories. Mastercard
products and solutions make everyday commerce activities – such as
shopping, traveling, running a business and managing finances –
easier, more secure and more efficient for everyone.
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