![](/images/newsimages/visa--opentable-partner-on-dining-perks-program.png)
The card giant expects to expand the network beyond its pilot markets, Los Angeles and Chicago
On launching the program, Visa is also extending the new program’s benefits to Visa Infinite cardholders in the U.S. and Mexico and Visa Infinite Privilege cardholders in Canada. The company said it will offer the benefits to more Visa customers in the future.
This is the first time that the San Francisco-based Visa has partnered with OpenTable, a spokesperson for the card giant said.
The program, called the OpenTable & Visa Dining Collection, “rewards diners for paying with their Visa cards while bringing the restaurants in the Collection additional business and new customers,” Kim Lawrence, regional president of North America at Visa, said in the release.
As Visa courts restaurant customers, a major card rival is also seeking to boost its appeal to diners, particularly in the premium restaurant arena.
Last month, American Express entered into a deal to buy the reservation and event management platform Tock from the website creation company Squarespace for $400 million. Chicago-based Tock runs a restaurant and hotel reservation system and an event management service.
Industry analysts suspect that focusing on the restaurant business is part of Amex’s strategy to generate higher payment volume and provide premium experiences.
By Tatiana Walk-Morris on July 19, 2024
Original link