Cross-border travel reached 2019 levels as of March for the first time since the pandemic began.

Apr 28, 2022 / CEO / receipt, needs a key / Michael Meebach, CEO | earnings call 2022-04-28 | transcript 24202baf-d8ff-4a06-8baf-f2e19c5696e6 | chars 4680-4776 | segment 4

The travel recovery in Asia Pacific has lagged that of the rest of the world and has significant growth potential.

Jan 27, 2022 / CEO / receipt, needs a key / Michael Meebach, CEO | earnings call 2022-01-27 | transcript 2ff16227-8049-4b61-b971-76bafaae59fd | chars 3922-4036 | segment 3

Cross-border travel continued to show improvement relative to quarter three levels. aided by border openings in the U.S., U.K., and Canada. While Omicron has had some recent impact on cross-border travel, we continue to believe that cross-border travel will return to 2019 levels by the end of this year.

Jan 27, 2022 / CEO / receipt, needs a key / Michael Meebach, CEO | earnings call 2022-01-27 | transcript 2ff16227-8049-4b61-b971-76bafaae59fd | chars 5018-5322 | segment 5

We're also seeing a general trend toward the opening of travel corridors, notably inbound into the U.S., and some easing of restrictions in Asia.

Oct 28, 2021 / CEO / receipt, needs a key / Michael Meebach, CEO | earnings call 2021-10-28 | transcript 6361e059-40d1-4827-aea7-955758f340c7 | chars 3812-3957 | segment 3

Cross-border travel improved from 48% of 2019 levels in the second quarter to 72% this quarter, with substantial upside potential still remaining as and when borders open.

Oct 28, 2021 / CEO / receipt, needs a key / Michael Meebach, CEO | earnings call 2021-10-28 | transcript 6361e059-40d1-4827-aea7-955758f340c7 | chars 5183-5354 | segment 5