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Rev & Visit Mexico To establish a payment and loyalty partnership for innovation focused on strengthening cross-border commitment to travel | Your money

By on January 6, 2022 0

AUSTIN, TX AND MEXICO – (BUSINESS WIRE) – January 6, 2022 –

Today Rêv Worldwide, Inc. (“Rêv”), a global company for innovation in payments and loyalty products, and Visit Mexico, Mexico’s official tourism marketing agency, have announced a multi-year strategic partnership to support cross-border tourism through the use of innovative digital products and services that facilitate engagement , convenience and value for the tourism sector.

This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20220106005012/en/

Rev X World Wallet SuperApp (Image credit: Business Wire)

With the launch of X World Wallet, a downloadable multi-currency mobile debit account linked to physical and digital Visa cards and an integrated loyalty program, Rev and Visit Mexico take the first step in offering a suite of products and services whose mission is to promote the travel activity of one of the the most important tourist corridors in the world.

X World Wallet, now available nationwide, gives its users a powerful tool that facilitates international transactions, discounts on travel bookings, and a point-based loyalty program that helps to maximize user value. While there are many branded and co-branded credit products targeting the travel market, the availability of a mobile debit product that combines payments, currency exchange, loyalty and reservations is part of a recent wave of innovation that gives consumers an alternative to credit cards with application requirements, high fees annual, interest rates and restrictive loyalty programs.

“We are proud to be partnering with Visit Mexico to leverage our technology so travelers can access the right and hassle-free tools for their journey,” said Bertrand Sosa, president and marketing director, Rev Worldwide.

Given the continuing global impact of the pandemic on the travel industry, both consumers and industry players are seeing digital solutions play an even more important role in reducing friction and opening up the possibility of improving key aspects of travel. While the pandemic has decimated the world’s tourism industry, Mexico is one of the few countries where air travel has been open during troubled times. The World Tourism Organization (WHO) estimates that Mexico was the third most visited country in the world in 2020.

“As we continue to establish Mexico as the best destination for travelers from all over the world, we are delighted to partner with Rev on developing useful products that help us connect with travelers and improve their travel experience – starting with making it easier, cheaper and safer for Americans. in transactions in our country, ”noted Carlos Gonzalez Gonzalez, General Manager of Visit Mexico.

In a recent report citing trends in travel recovery, Ryan Felipe, director of Visa North America Cross Border Business, noted: “Travelers continue to seek digital experiences during their travels – from planning and booking to paying for meals and shopping while traveling. This gives financial service providers and businesses the opportunity to engage with their customers through trigger-based and messaging-based offerings to increase loyalty. ”

X World Wallet offers users access to person-to-person payment transfers, the convenience of touch-and-go shopping, virtual and digital payment card features, account locking / unlocking features, and an integrated support platform to automatically contribute to climate change initiatives . Visa X World Wallet ™ debit cards without credit check, low fees, X World Wallet ™ debit cards available in X account are issued by Texas First Bank under license by Visa Inc. and are subject to the Card Terms and Conditions. There are no offline or online purchase fees or foreign conversion fees when using Visa X World Wallet cards. Standard ATM fees and applicable exchange rates apply. For more information on the X World Wallet, please visit xworldwallet.com.

Rev and Visit Mexico are also working together to make the X World Mexico wallet available in early 2022 so that Mexicans traveling overseas can also enjoy the benefits that US tourists now have access to.

About Rev

Rêv is a fintech company founded by pioneers in the prepaid debit industry, Roy Sosa and Bertrand Sosa, with the goal of providing innovative payment services to consumers around the world. Its solutions are based on a proprietary multi-currency and multi-language payment platform. With a wealth of experience developing innovation in the payment industry, Rev focuses on the general, international banking and travel sectors. Rev works with companies around the world to market products in the Americas, Europe, the Middle East, and the Asia-Pacific region. Find out more at revworldwide.com.

Visit Mexico

Visit Mexico, the official brand under which the Mexican Chamber of Tourism has been promoting domestic and international travel to Mexico and Mexico for years, is now a private government partnership operating as the official marketing agency responsible for developing tourism campaigns, partnerships and innovative operating models for further tourism activity for a country all over the world. for more information visit visit mexico.com.

View the source version on businesswire.com:https://www.businesswire.com/news/home/20220106005012/en/

CONTACT: Rev Worldwide

Kuki Bastos

[email protected]

KEYWORDS: NORTH AMERICA UNITED STATES MEXICO SOUTH AMERICA CENTRAL AMERICA TEXAS

INDUSTRY KEYWORD: TRANSPORT OF ACCOMMODATION DIRECTIONS OF TRAVEL MARKETING ADVERTISING MOBILE / WIRELESS COMMUNICATION OTHER TECHNOLOGIES TELECOMMUNICATION SOFTWARE RESTAURANT / BAR OTHER DETAILS DATA MANAGEMENT INTERNET FINANCES FIELD RESEARCH

SOURCE: Rev Worldwide, Inc.

Copyright by Business Wire 2022.

PUB: 1/6/2022 11:05 AM / DRIVE: 1/6/2022 11:06 AM

http://www.businesswire.com/news/home/20220106005012/en

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