Kris+ selects Airwallex to facilitate payments & payouts in Australia
By Gloria Mathias
Kris+ by Singapore Airlines has selected Airwallex, a global FinTech platform, to power the expansion of its lifestyle reward app for its KrisFlyer members in Australia.
The Kris+ app combines dining, retail, and entertainment discounts, allowing Kris+ users to earn miles from everyday spending or to pay for purchases and experiences. Kris+ will use Airwallex’s Payment for Platforms in Australia to facilitate payments from its customers and payouts to partner merchants.
Arnold Chan, Airwallex’s General Manager of Asia, said, “Kris+ by Singapore Airlines sought a partner that could provide a suite of payment processing and financial solutions that could modernise their payment infrastructure and better serve their customers. Our global financial infrastructure is ideally positioned to meet Kris+’s needs. By integrating Airwallex’s end-to-end turnkey solutions into its app, Kris+ users can enjoy frictionless payments and rewards experience. We are proud to be working with Kris+ to support their growth internationally.”
Luke Latham, Managing Director of Airwallex Australia and New Zealand, said, “Australia is a special place for Airwallex as our birthplace, and we’re committed to supporting local businesses to grow globally while also opening doors for international brands to do business in Australia. Partnering with Kris+ by Singapore Airlines to expand their KrisFlyer programme in Australia is a great example of this, and we’re so excited to be helping them reach their customers here.
“With international travel to Australia increasing significantly in the past year, the growing influx of visitors highlights the potential of Kris+ to offer added value to both tourists and businesses in Australia,” added Latham.
In Australia, Kris+ users will be able to earn a rate of up to three miles for every dollar spent at selected partners in Melbourne and Sydney. Between now and 31 December 2023, new Kris+ users can earn up to 2,000 bonus miles upon making payments of at least AU$15 on the app.
IBSi Daily News Analysis
January 16, 2024
Airwallex
Egypt among top remittance recipient countries in 2023: World Bank
Read MoreIBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage