Singapore – Global financial services company Mastercard has announced the revamp of its ‘Mastercard Experience Center’ in Singapore which offers visitors a chance to experience what the future of commerce looks like. The experience centre is just one of six centres globally, with others located in London, Stockholm, Dubai, Mexico City and New York City.

The revitalization of the Singapore innovation space coincides with the release of Mastercard’s Future of Payments report which highlights three broad trends that have the potential to collectively expand prosperity and inclusion in the digital economy. 

Correspondingly, many of the innovation space’s new exhibits and technology demos bring these trends to life by blending the digital and physical across screens, tactile tables and lab spaces, creating an immersive, interactive experience for visitors.

The MEC in Singapore acts as a regional Asia Pacific hub for Mastercard to conduct customer workshops, executive roundtables and employee events. It also serves as an innovation space and R&D lab where consumer insights, needs and trends are identified, helping to inform white space, blue sky innovation and actionable product development roadmaps for the next 12 to 24 months.

Sandeep Malhotra, executive vice president, products and innovation for Asia-Pacific at Mastercard, said, “In the coming years, a convergence of forces will redefine and reshape commerce, transforming how people pay and get paid. The Mastercard Experience Center is designed as a portal to that future, a place where customers and partners can virtually experience that future today, and where we’re only limited by the power of our collective imaginations.”

He added, “By guiding visitors through the future economy, Mastercard aims to bring abstract concepts to life, to inspire purposeful innovation and co-creation of the technologies of tomorrow.”

Jakarta, Indonesia – Starbucks in Indonesia has recently launched its newest coffee experience centre at the Starbucks Dewata Coffee Sanctuary in Bali, Indonesia. Said new experience centre focuses on the celebration of Indonesia’s rich coffee heritage and showcasing how the roasting process elevates the unique quality and diverse flavour profiles of Indonesian coffees.

The centre spans over 140 square meters with designs inspired by rich copper tones and traditional Balinese Besek baskets, made with the same materials as the Starbucks Dewata Coffee Sanctuary including terracotta brickwork and terrazzo floors. Customers visiting the new centre can learn about the art and science behind sourcing, roasting and brewing coffee, and explore coffee through interactive workshops hosted onsite.

For Anthony McEvoy, leader of Starbucks at PT Sari Coffee Indonesia, as they celebrate the company’s 20th year of retail presence in the country, the Dewata Coffee Experience Center amplifies their leadership and passion for coffee, as well as their commitment to Indonesia’s rich coffee culture.

“Aligned with Starbucks global mission to inspire and nurture the human spirit, the Dewata Coffee Experience Center is also an immersive coffee destination that is thoughtfully designed to celebrate the connection between our customers, communities and coffee farmers that is an essential part in serving our coffee,” McEvoy said.

He added, “We believe that by highlighting the dedication and care involved in coffee’s creation, the more appreciation others will have to ensure its future, and we want to reaffirm our commitment to supporting coffee farmers in Indonesia by working closely with the Farmer Support Center to ensure a sustainable future of coffee for all.”

At the centre, customers can learn about Starbucks responsible sourcing practices, and how the company is working with Indonesian coffee farmers at the Farmer Support Center in North Sumatra to ensure sustainable farming practices that improve the resilience, quality, and size of harvests.

Meanwhile, Tim Scharrer, managing director and vice president of Starbucks coffee and cocoa, commented, “As one of the world’s leading coffee-growing regions, Indonesia has played a unique and important role in Starbucks’ journey since the beginning. Starbucks has sourced high-quality Arabica coffee from Indonesia for 50 years and is proud to be one of the largest buyers of Indonesian coffee in the world today. At the same time, we remain dedicated to working with farmers in Indonesia to bring responsibly-sourced Indonesian coffee to the world.”

The one-storey building welcomes everyone from Monday to Sunday from 8 am to 10 pm, with capacity up to 30 seats.