Hong Kong Partnership, myWorld’s Recognition, Credit Card Changes in India

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Stay Ahead in the Competitive Cashback Market:

  • Hong Kong Partnership: ShopBack, a leading cashback platform in Asia, announced a strategic partnership with Mastercard in Hong Kong. This collaboration offers exclusive cashback promotions and an additional 5% cashback at various brands (like UNIQLO, FARFETCH, Nike) for eligible Mastercard cardholders who link their cards via the ShopBack app.
  • myWorld’s Recognition and AI Focus: myWorld was ranked among the top 3 cashback apps of 2025 by Brazilian finance platform iDinheiro. They also highlighted their continuous innovation, including significant enhancements to their app and website expected in late September 2025, with a strong focus on AI-powered solutions for personalized offers and improved customer experience.
  • Credit Card Changes in India: Major Indian banks (HDFC Bank, Axis Bank, American Express, Kotak Mahindra) are implementing changes to their credit card terms and conditions in June 2025. These revisions impact airport lounge access, fuel rewards, fee waivers, and importantly, cashback benefits for cardholders. For example, Flipkart Axis Bank Credit Card holders will see increased cashback on Myntra purchases but lose complimentary airport lounge access.

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