Singapore Sale spending rises 31% – MasterCard
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
Singapore, 10 June 2010 - Singapore-based MasterCard cardholders spent US$29.7 million during the first weekend of the Great Singapore Sale (28 – 30 May 2010) and this is a jump of 13% compared to the same period last year (29 - 31 May 2009). The number of transactions made by local MasterCard cardholders in the first weekend has also risen 17% from last year to 330,701.
Tourists were also snapping up deals and taking advantage of the privileges available with their MasterCard cards at the Sale. Visiting MasterCard cardholders made 83,917 transactions, an increase of 25% from last year, and spent US$14.6 million over the first weekend of the GSS, an increase of 31%.
Over the first weekend, both Singapore-based and visiting MasterCard cardholders spent a total of US$44.3 million, an increase of 18% as compared to the US$37.5 million spent last year. The total number of transactions also saw an 18% increase from last year, reaching 414,618.
As the “Official Card” for the GSS for the seventh year running, MasterCard will be contributing half a cent to the Singapore Children’s Society for every transaction made on a MasterCard card during GSS. The amount will benefit needy children in Singapore. This is part of the MasterCard
Comments are closed.