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Visa Is Named 'World's Leading Credit Card' For Fifth Consecutive Year At World Travel Awards

SAN FRANCISCO, CA (ots)

Travel And Tourism Industry Leaders Honored At Prestigious Annual
Event
For the fifth consecutive year, the
World Travel Awards, the prestigious awards ceremony that
acknowledges significant achievements in all areas of the travel and
tourism industry, has named Visa the "World's Leading Credit Card."
Visa was recognized by the travel community for its commitment to
the traveller and the travel industry, and is considered by many as
"the World's Best Way to Travel." Criteria used in evaluating
companies and organizations include scope of distribution,
convenience, and overall best services.
"We are delighted that Visa has once again had the distinction of
being selected as the 'World's Leading Credit Card' by the World
Travel Awards, for a fifth consecutive year," said Tom Shepard,
executive vice president, Global Marketing Partnerships and
Sponsorships, Visa International. "With Visa's acceptance at more
than 29 million locations worldwide and with travel and entertainment
programs linked to Visa cards around the world, our cardholders enjoy
the convenience and confidence that Visa provides. It is a true honor
to receive this accolade from one of the industry's most important
awards programs."
The online voting took place throughout 2002 at
www.worldtravelawards.com. This enabled over 500'000 frontline agents
and 80'000 travel agencies worldwide the opportunity to let the world
know who they think are the world's best in the Travel Industry,
further enhancing the value of the World Travel Awards as the
professional's choice.
"The World Travel Awards have become the event for the who's who
of the global travel community," said Manon Han, Vice President,
World Travel Awards. "We're extremely proud to play a role in both
celebrating the past achievement and encouraging innovative product
and services in the industry. The World Travel Awards is now being
acknowledged as the best endorsement that any travel product could
receive."
Established in 1993, the World Travel Awards held its ninth-annual
World Travel Awards Ceremony on Friday, 25 October 2002, at Sandals
Grande St. Lucian Spa & Beach Resort, on the Caribbean island of St.
Lucia. The World Travel Awards honors leading travel-related
organizations in worldwide and regional categories that range from
airlines, hotels, beaches and cruise lines to credit cards, car
rental companies and hotel reservation services.
Visa International is a strategic partner with many of the leading
global corporations and merchants, creating retail and T&E promotions
that deliver extraordinary values to Visa cardholders worldwide.
Visa's extensive merchant relationships and marketing partnerships,
as well as its unsurpassed acceptance around the world, are driving
Visa's growth in the retail and T&E arenas.
Visa also has created an innovative, interactive, online travel
portal, "Visa Destinations," which provides Visa cardholders with
exclusive offers and values from a select group of global travel,
retail and entertainment merchants.
Featuring a wide range of valuable offers and information, this
user-friendly travel planning Website can be accessed at
www.visadestinations.com. The site contains retail, travel and
entertainment offers from more than 600 merchants in key destination
markets or by designated category around the world.
For more information on the 2002 World Travel Awards or for a
complete list of winners, visit www.WorldTravelAwards.com.
About Visa
Visa is the world's leading payment brand. Visa-branded cards
generate more than US$2.3 trillion in annual volume and are accepted
at more than 29 million physical locations around the world,
including more than 800'000 ATMs. The Visa organization plays a
pivotal role in developing innovative payment products and
technologies to benefit its 21'000 member financial institutions and
their cardholders. Visa is a leader in Internet based payments and is
pioneering the creation of u-commerce, or universal commerce - the
ability to conduct commerce anywhere, anytime, and any way. For more
information, visit www.corporate.visa.com.   ots Originaltext: Visa
International
Internet: www.newsaktuell.ch

Contact:

Michael T. Sherman
Visa International
Phone: +1/650/432'3923
mailto:sherman@visa.com

Anna Gouldman
World Travel Awards
Phone: +44/207/925'0000
mailto:anna.gouldman@worldtravelawards.com

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