Indonesia sees rise in credit card travel payments

CREDIT card use for travel payment has significantly increased in the last couple of years, prompting banks to support many consumer travel fairs in Indonesia.

Speaking to the media on the sidelines of the 6th Indonesia Travel and Holiday Fair (ITHF) in Jakarta yesterday, BCA Bank Card Center chief manager, head of issuing business, Mira Wibowo, said: “The use of our credit cards have grown 30 per cent annually in the last few years, and the use of buying travel is significant.”

Wibowo noted the increase of travel fairs in Indonesia, as outbound and domestic travel were on the rise.

“Two weeks ago, there was ASTINDO Travel Fair. Today, we have ITHF. At the same time, there are a number of travel fairs organised by individual travel companies.

“BCA Bank always participates at such shows because people don’t just window shop, but actually buy their holidays there,” she said.

ITHF organiser, RajaMICE CEO, Panca Sarungu, said: “It is a combination between the good offers the participating airlines make, the variety of products on offer, plus the bank offers that make people buy holiday products at the fair.

“Overall, package prices on average are around 20 per cent lower than market prices,” he said.

The 6th ITHF is from April 14 to 17, targeting 40,000 visitors and 40 billion rupiah (US$4.6 million) in transactions.

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