MasterCard Cardholder Spend in First Month of GSS 2013 Exceeds Half Billion

 

SUPERADRIANME MasterCard GSS Sentosa Trail

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MasterCard reported an increase of 12.4% to US$797.4 million in the first month of the Great Singapore Sale which started on 31 May 2013 comparing to the same period last year.    The number of transactions also increased 17.1% to over 6.38 million.

Singapore-based MasterCard cardholders contributed to US$554.5million with 4.92million transactions in the first month of the GSS.

Dining remained the top category of spend for Singapore-based MasterCard cardholders contributing to US$36.1 million during the first month of the sale.  This is an increase of 17.7% from the same period last year.

Tourist spend grew by 1.62% to US$242.8million this year.  The top five shoppers by country based on spending on the MasterCard cards are Australia, Malaysia, Indonesia, Japan and The United States. Americans and Japanese spent mostly on dining while Malaysians spent mostly on Computers, Computer Peripheral Equipment and Software.  Australians and Indonesians spent at department stores during the GSS.

The top ten markets in terms of tourist spending decreased in dollar value by 2.79% despite a 16.5% increase in the number of transactions of the corresponding period in 2012.

Top 5 markets ranked in terms of tourist spending amounts:

Rank Market No. of transactions Transaction Amount Top Spend Categories
1 Australia(1st last year) 167,794 $28,993,965 Department Stores
2 Malaysia(3rd last year) 142,621 $23,573,264 Computers, Computer Peripheral Equipment and Software
3 Indonesia(4th last year) 119,360 $22,449,942 Department Stores
4 Japan(5th last year) 133,602 $18,978,444 Eating Places and Restaurants
5 United States(2nd last year) 90,118 $17,310,882 Eating Places and Restaurants

Check out June’s passenger traffic in Singapore Changi Airport here.

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Adrian Editor
Adrian Eugene Seet, editor of SUPERADRIANME.com, has long shared his passion for travel, destinations, and air travel. His childhood love for exploration has evolved into a thriving career, with his engaging content inspiring others to discover new cultures. Taiwan is his new-found favourite destination, and he dreams of visiting the Andes. Adrian's work is driven by his curiosity for travel trends and a commitment to lifelong learning.

One Comment

  1. Mario Brandes

    To be able to get money at an ATM in Japan with a debit card with MAESTRO Function would be priceless…

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