Mastercard Brings Contactless Payment Experience to Butterfield Bermuda Championship

American Brian Gay heads to 16th green in Round 1 of the Butterfield Bermuda Championship at Port Royal Golf Course on October 28, 2021 in Southampton, Bermuda. (Photo by Cliff Hawkins / Getty Images)
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CaribPR Wire, HAMILTON, Bermuda, Thursday. October 28, 2021: Towards a world beyond cash, Mastercard partners with Butterfield to offer cardholders a fully contactless payment experience at Butterfield Bermuda Championship, an official PGA TOUR event to be held at Port Royal Golf Course in Southampton, October 25-31.

In addition to contactless acceptance at the Butterfield Bermuda Championship, Butterfield Mastercard cardholders will benefit from exclusive opportunities, which will make their experience and participation in the event an invaluable experience. With this partnership, Mastercard demonstrates its continued commitment to providing consumers with invaluable experiences that bring fans closer to the action and seeing the world’s best golfers compete against each other. “Alongside our Butterfield partners, we are committed to celebrating and supporting the shared passions of our communities and we are delighted to provide the resources necessary to help Bermuda continue to thrive in an increasingly contactless world.” , said Marcelo Tangioni, president of Mastercard’s Caribbean. Division.

Technology has taken a prominent place in our world due to the unexpected arrival of COVID-19. In this new world, Bermuda is leading the way as one of the first countries in the world to eliminate the use of paper notes, choosing to go completely contactless. In 2018, Bermuda began adding “tap-and-go” technology, to improve card security and provide customers with a faster payment process. Card usage is generally high in the Caribbean region, particularly in Barbados and Puerto Rico; while mobile payments were already gaining ground in 2020 and have now grown significantly in markets such as the Bahamas, according to data provided by Finextra.

Due to the challenges presented by COVID-19, consumers are adopting new payment habits at an accelerated rate, according to the Mastercard New Payment Index conducted in 18 countries, including several markets in Latin America and the Caribbean. The study shows that almost 90% of in-person transactions worldwide take place at a contactless merchant, and almost all categories of merchants have seen an increase in contactless transactions as a percentage of total in-person transactions from a year over year in the first quarter. from 2021.

Using contactless payment methods at sporting events, such as golf, is particularly convenient as it reduces the inconvenience of carrying cash, including purchasing local currency (if applicable), the transport of large amounts of cash or the lack of cash in a restaurant, golf course or other. Places such as Bermuda which adopted this method early on – the first country to officially adopt a paperless economy will be Sweden in 2023 – are well positioned to attract affluent, savvy and tech-savvy tourists to enjoy their events. sportsmen.

For more information on the Butterfield Bermuda Championship, please visit www.bermudachampionship.com. For more information about Mastercard and its technology solutions for customers looking for invaluable experience, please visit www.mastercard.com.

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About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our business. With connections in more than 210 countries and territories, we are building a sustainable world that opens up invaluable possibilities for all.

www.mastercard.com

About the Butterfield Bermuda Championship

The Butterfield Bermuda Championship is an annual stopover of the PGA TOUR. To date, the tournament has raised over $ 400,000 for local charities. This is the first ever PGA TOUR event in Bermuda, highlighted by a peloton that includes a minimum of four Bermudians who qualify to compete via a local qualifying event. Scheduled for October 28-31 at Port Royal Golf Course in Southampton, the 2021 Butterfield Bermuda Championship will feature a field of 132 players, 72 holes of stroke play and a purse of US $ 6.5 million. This official FedEx Cup event will introduce Bermuda to the world with 14 hours of live streaming from the Golf Channel. For more information, visit bermudachampionship.com and connect with the tournament on Facebook, Twitter and Instagram.

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