- First card to issue Mastercard Travel Rewards in M’sia & amp, SEA
- Users can use a pre-approved credit line and obtain money from their Boost wallet.
The Beyond Card, a two-in-one foreign passport in Malaysia powered by the Mastercard system, has been unveiled by Boost and CelcomDigi. & nbsp,
This revolutionary card, according to the regional fintech leader, enables users to access funds from their Boost budget balance and use a pre-approved credit line. It is regarded as the first of its kind in Malaysia and is accepted by more than 100 million Mastercard merchants worldwide.
It was further stated that starting on October 9, & nbsp, a select group of customers can apply for the Beyond Card, with exclusive access originally only available to Celcom people via the Boost application, followed by Digi people in due course.
The Beyond Card, according to Boost, uses reliable scoring methods to guarantee that people with credit lines have the ability to repay. It offers flexible payment that are shariah-compliant. The card also caters to consumers without tickets or those with simple ones, providing them with a first-rate finance experience, in order to fill financial inclusion gaps.
Additionally, it is the first card in Malaysia and Southeast Asia to offer Mastercard Travel Rewards, with advantages like 12 % Cashback from Lazada, 15 % off MAS flight bookings, up to 10 % savings, free gifts, and 10 % tax-free shopping at Mitsui Outlet Park.
It gives me great honor to be able to establish a first-in-the-market product with our sister company CelcomDigi and to offer tier 1 card experience to much of our combined customer base, said Sheyantha Abeykoon, group CEO of Boost( picture below, center ).
Sheyantha & nbsp expressed the honor of launching this ground-breaking product in association with CelcomDigi and giving their sizable customer base a top-notch card experience. & nbsp,
This product’s introduction is an example of how two well-known Indonesian companies in the Axiata Group successfully combined diverse financial innovation to create a positive value. He continued,” It also serves to strengthen our relationship with Mastercard, which is driven by a common goal of bringing new innovations to Malaysia’s economic landscape.
This partnership, which aligns with the evolving digital-first approach of Malaysian buyers for different aspects of their everyday lives, is a crucial step towards monetary inclusivity and convenience, according to T Kugan( pic, left ), chief technology officer of CelcomDigi.
He continued,” We remain committed to working with business leaders to promote digital creativity throughout Malaysia’s digital habitat, further advancing the country ‘ digital agenda.” & nbsp,
The Beyond Card offers Malaysians an unmatched travel experience that includes culinary, shopping, entertainment, and more, according to Beena Pothen, country manager at Malaysia & amp, Brunei, Mastercard. According to research from the Mastercard Economics Institute, people place a high value on experiences over other things, so the inclusion of MasterCard Travel Rewards fits with this trend naturally. “& nbsp,
She continued,” The association with Boost and CelcomDigi is a major step in the industry, reflecting the shared commitment to prioritizing consumers’ emotions, particularly where travel is concerned.
People of the Beyond Card can extend payments over three-month chapters using the built-in shariah-compliant PayLater solution known as Boost PayFlex. For each dinars spent using Boost PayFlexTM, customers you also accrue up to 3 times the amount of Stars they earn, which they can use to benefit from the program’s savings and discounts.
With the Beyond Card, there are no charges for native and clear conclusions. Each purchase is password-protected by Boost, and users can instantly freeze their cards in an emergency. Qualified Celcom users can access the Boost software and open a free Premium Wallet bill to apply for the Beyond Card. They can then finish the required application process by tapping the” Beyond Card” box on the app’s pages. Users will get their online card on the application for online transactions as soon as pre-approval is effective.
Users can request a physical card for US$ 4.20 ( RM20 ), which covers SST and delivery fees, for offline use. Users can redeem rewards worth up to US$ 21 ( RM100 ) in exchange for completing the physical card application, such as discount coupons from Lazada, Agodha, Gong Cha, Google Play Store, Viu, The Alley, and more.
Please visit: Improve Beyond Card to learn more about it.