Despegar (NYSE: DESP), an online travel company in Latin America, recently announced its Brazilian subsidiary Decolar launched a co-branded credit card in partnership with Visa Inc. and Banco Santander (Brasil) S.A. for the Brazilian market. Despegar reported that a special feature of this new card is that it may be approved online before making the first travel purchase. All points accumulated with this co-branded card will be available for redemption for all travel-related products and/or services on Despegar’s platform.
While sharing details about the new card, Alexandre Moshe, General Manager at Decolar, stated:
“With this initiative Passaporte Decolar, Despegar’s loyalty program becomes one of the main reward programs in Brazil, as the Company further strengthens its strategy of deepening customer engagement and enhancing brand awareness. We are leaders in innovation and consistently seek to elevate our customers’ travel journey experience while at the same time rewarding them for their loyalty.”
Rogerio Magno Panca, Executive Superintendent of Digital Cards and Payments – Santander Brazil, went on to add:
“This loyalty program brings together three solid brands, with high expertise in e-commerce and leaders in their respective sectors. It also adds further value to our portfolio of cards, offering customers, including those who do not have a bank account, the exclusive benefits of Passaporte Decolar. We are very excited with this initiative.”