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July 12, 2018

Despegar.com and Visa announce a partnership to launch a co-branded initiative in the Brazilian market

São Paulo, July of 2018. DESPEGAR, through its affiliate Decolar, and Visa are announcing a partnership to launch a co-branded initiative in the Brazilian market scheduled for implementation in 2019. The purpose of this agreement is to bring products and services that set them apart from the rest of the market to the millions Despegar customers in Brazil.

The agreement between Decolar, the leading online travel agency in Brazil, and Visa, a global payment technology company, is aimed at co-developing products to drive the purchase of Decolar products and services with Visa-Decolar cards and to improve the traveler experience. 

"Within our strategy to bring our customers more and better options for services and products, Visa is a key partner in extending more benefits to our customers in Brazil," said Pablo Montivero Araya, Regional Distribution Director at Despegar.


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"Innovation is key in this partnership with Decolar. We will work together with a Visa issuer to develop the best possible card that offers relevant benefits and, consequently, the best travel experience to consumers," said Fernando Pantaleão, Vice President for Merchant Solutions at Visa.

Phone: (+5411) 5173 - 3501

E-mail: investorelations@despegar.com

About Despegar.com
Despegar is the leading online travel company in Latin America. Operating across 20 countries, Despegar provides a broad suite of travel products, including airline tickets, travel packages, hotel bookings and other travel products to over 17 million customers. With a mission “to make travel possible”, the Company’s one-stop marketplace enables millions of users to find, compare, plan and easily purchase travel services and products. Through Despegar’s websites and leading mobile apps, it offers products from over 300 airlines, more than 450,000 accommodation options, as well as approximately 1,000 car rental agencies and approximately 240 destination services suppliers with more than 7,700 activities throughout Latin America. The Company owns and operates two well-recognized brands, Despegar, its global brand, and Decolar, its Brazilian brand. Despegar is traded on the New York Stock Exchange (NYSE: DESP). For more information, please visit www.despegar.com.

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