July 7, 2014 (Mon): MasterCard has completed its acquisition of Pinpoint Pty. Ltd., an Australia based provider of loyalty and rewards services to financial institutions across the Asia Pacific region. In April this year, MasterCard announced that it will acquire Pinpoint without disclosed the terms of the deal.
Chris Fendley, Group Head, Loyalty Solutions, Asia/Pacific, MasterCard said, “At MasterCard, we are committed to providing cardholders and customers with topnotch innovative rewards solutions tailored to their interests and needs. With the completion of the acquisition, we will continue to focus on creating synergies to better serve our customers and cardholders. And with Pinpoint’s growing presence across Asia Pacific, we are excited for what the future holds for our issuers, merchants and cardholders.”