CardsPal takes the strain away from credit card deal-hunting

Proudly announces Mastercard® as first strategic partner

 

 

Singapore – 4 June, 2020 –  Fumbling around and toggling through multiple webpages for credit card deals is now history with the launch of CardsPal, a one-stop credit card deals mobile app.

CardsPal’s platform aggregates credit card deals from all banks and card issuers in Singapore, while allowing users to personalize the deals according to the credit cards they own. Through a holistic understanding of the value of their credit cards, a user is then able to optimize his/her credit card usage and spending, helping the busy majority navigate the cards scene to get the most out of the credit cards in their wallet.

 

 

Strategic Partnership with Mastercard

CardsPal and Mastercard have announced a partnership to bring to users real-time, personalized credit card deals from all Singapore-issued Mastercard credit cards.

The following initiatives are what CardsPal and Mastercard are looking to roll out in this partnership.

1.Featuring the latest Mastercard deals for all Mastercard credit cards in Singapore, updated through API integration; and

2.Collaborating on marketing campaigns to bring exclusive Mastercard deals and promotions to CardsPal’s users.

The partnership has future ambitious plans to further enhance the user journey on CardsPal. By leveraging Mastercard’s wealth of data and insights about merchants, global deals and exclusive experiences, CardsPal aims to deliver a seamless user journey and grow into an everyday app for every spending decision.

Alex Manson, Global Head of SC Ventures at Standard Chartered, said, “CardsPal is on the cusp of creating an entirely new experience for benefit optimization. The app addresses the information gap between consumers and merchants, allowing its users complete and easy access to the best deals available, wherever they go. I’m already excited by the experience designed by the CardsPal team and the partnership with Mastercard will bring it to greater heights.”

Deborah Heng, Country Manager, Singapore, Mastercard, said, “Over the years, Mastercard has built a strong reputation with Mastercard cardholders as a network that delivers rewarding experiences. Its seamless payment integration gateway has paved the way for meaningful partnerships in an easy and cost-effective manner. Through the new partnership with CardsPal, Mastercard is excited to connect consumers with the best Mastercard deals all in one digital platform, while also supporting its merchant and business partners by bringing their exciting offers closer to cardholders.”

CardsPal is a 100% Standard Chartered-owned venture incubated by SC Ventures, the bank’s innovation, fintech investment and ventures arm. Standard Chartered has been actively experimenting with new business models to meet the evolving needs of its clients. The bank recently announced nexus, its “Banking as a Service solution, a joint venture with Assembly Payments  to develop and deliver next generation payment solutions. In Hong Kong, it is set to launch a standalone digital retail bank in Hong Kong, Mox, in partnership with PCCW, HKT and Trip.com, and has also built a digital open platform, Solv, to help Small and Medium Enterprises (SMEs) in India and other markets grow by providing access to financial and business services.


Download the app now:

About CardsPal

CardsPal is a mobile app which empowers users to optimize their spending and maximize their savings by being the all-in-one platform for credit card deals. We aggregate all credit card deals for Singapore-issued credit cards, and present deals in a personalized and contextual way which is immediately relevant to our users. CardsPal is incubated by SC Ventures, a part of Standard Chartered Bank. Check out our app in the App Store, or the Play Store. Follow us on Twitter @CardsPal, Instagram @cardspal, Facebook @CardsPalOfficial, and get the latest money-saving tips and hacks on our Blog.

 

About Standard Chartered

We are a leading international banking group, with a presence in 59 of the world’s most dynamic markets, and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on TwitterLinkedIn and Facebook.

 

About Mastercard (NYSE: MA), www.mastercard.com
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

 

Media Contacts

 

Mastercard


Mylene Ong (Mastercard)

Tel: +65 9735 5260

Email: Mylene.Ong@mastercard.com 

 

Swathi Ramnarayan (Weber Shandwick)
Tel: +65 9885 0332

Email: Sramnarayan@webershandwick.com

 

Standard Chartered

 

Josephine Wong

Tel: +65 6596 4690

Email: josephine.wong@sc.com

 

Amanda Lee

Tel: +65 9183 5792

Email: Amanda.Lee1@sc.com