We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can Visa's Klook Deal Expand Its Travel Ecosystem in Southeast Asia?
Read MoreHide Full Article
Key Takeaways
Visa is partnering with Klook across six Southeast Asian markets to connect travel experiences with payments.
Klook's platform and creator network could help Visa engage travelers before and during their trips.
Visa's travel-related cross-border volume rose 10% in third-quarter fiscal 2026.
Visa Inc. (V - Free Report) is strengthening its presence in Southeast Asia’s experience-led travel market through a new partnership with Klook. The companies signed a memorandum of understanding covering six markets — Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam — combining Klook’s travel experiences platform with Visa’s global payments network.
Under the agreement, the companies will pursue joint creator programs, cardholder offers and in-destination brand presence. Klook will also join Visa Destinations, enabling Visa cardholders to access travel experiences and related offers across the region. The partnership could expand Visa’s role in travel beyond payments by connecting cardholders with trip inspiration, experiences and offers through Klook.
The move comes as travelers increasingly prioritize experiences when planning trips. Visa’s 2026 Global Travel Intentions study found that 37% of Asia Pacific respondents plan trips around unique local experiences, compared with 29% globally. Klook’s Travel Pulse 2026 also found that more than half of Asia Pacific travelers no longer start planning with a fixed destination, while 23% begin with a specific activity.
Additionally, in the third quarter of fiscal 2026, cross-border volume excluding intra-Europe increased 12% year over year on a constant-dollar basis, while travel-related cross-border volume climbed 10%. Klook’s Kreator Program, with more than 30,000 creators across 88 markets, gives Visa another channel to engage travelers before and during their trips. If that engagement converts into bookings and in-destination spending, the partnership could support incremental payment volumes while strengthening Visa’s cardholder and merchant relationships across Southeast Asia.
How Are Competitors Faring?
Some of V’s competitors in the payments space include Mastercard Incorporated (MA - Free Report) and American Express Company (AXP - Free Report) .
Mastercard is also expanding its experience-led travel presence through Klook. Their Asia-Pacific partnership will offer cardholder discounts and travel privileges while exploring new payment solutions, giving MA another avenue to deepen engagement and capture spending throughout travelers’ journeys.
American Express is taking a premium-led approach to Southeast Asian travel. Through American Express Travel, Fine Hotels + Resorts, airline benefits and lounge access, AXP is reinforcing cardholder loyalty while capturing spending around flights, stays and destination experiences across Asia.
Visa’s Price Performance, Valuation & Estimates
Over the past year, shares of Visa have risen 7.9% against the industry’s 16.9% fall.
Image Source: Zacks Investment Research
From a valuation standpoint, Visa trades at a forward price-to-earnings ratio of 24.19, well above the industry average of 17.15. V carries a Value Score of D.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Visa’s fiscal 2026 earnings implies a 14.7% jump from the year-ago period.
View the Zacks #1 Rank List
Image: Shutterstock
Can Visa's Klook Deal Expand Its Travel Ecosystem in Southeast Asia?
Key Takeaways
Visa Inc. (V - Free Report) is strengthening its presence in Southeast Asia’s experience-led travel market through a new partnership with Klook. The companies signed a memorandum of understanding covering six markets — Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam — combining Klook’s travel experiences platform with Visa’s global payments network.
Under the agreement, the companies will pursue joint creator programs, cardholder offers and in-destination brand presence. Klook will also join Visa Destinations, enabling Visa cardholders to access travel experiences and related offers across the region. The partnership could expand Visa’s role in travel beyond payments by connecting cardholders with trip inspiration, experiences and offers through Klook.
The move comes as travelers increasingly prioritize experiences when planning trips. Visa’s 2026 Global Travel Intentions study found that 37% of Asia Pacific respondents plan trips around unique local experiences, compared with 29% globally. Klook’s Travel Pulse 2026 also found that more than half of Asia Pacific travelers no longer start planning with a fixed destination, while 23% begin with a specific activity.
Additionally, in the third quarter of fiscal 2026, cross-border volume excluding intra-Europe increased 12% year over year on a constant-dollar basis, while travel-related cross-border volume climbed 10%. Klook’s Kreator Program, with more than 30,000 creators across 88 markets, gives Visa another channel to engage travelers before and during their trips. If that engagement converts into bookings and in-destination spending, the partnership could support incremental payment volumes while strengthening Visa’s cardholder and merchant relationships across Southeast Asia.
How Are Competitors Faring?
Some of V’s competitors in the payments space include Mastercard Incorporated (MA - Free Report) and American Express Company (AXP - Free Report) .
Mastercard is also expanding its experience-led travel presence through Klook. Their Asia-Pacific partnership will offer cardholder discounts and travel privileges while exploring new payment solutions, giving MA another avenue to deepen engagement and capture spending throughout travelers’ journeys.
American Express is taking a premium-led approach to Southeast Asian travel. Through American Express Travel, Fine Hotels + Resorts, airline benefits and lounge access, AXP is reinforcing cardholder loyalty while capturing spending around flights, stays and destination experiences across Asia.
Visa’s Price Performance, Valuation & Estimates
Over the past year, shares of Visa have risen 7.9% against the industry’s 16.9% fall.
Image Source: Zacks Investment Research
From a valuation standpoint, Visa trades at a forward price-to-earnings ratio of 24.19, well above the industry average of 17.15. V carries a Value Score of D.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Visa’s fiscal 2026 earnings implies a 14.7% jump from the year-ago period.
Image Source: Zacks Investment Research
Visa stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.