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Visa India has made Bollywood superstar Shah Rukh Khan its latest brand ambassador, bringing together a partnership of two of the biggest names in their respective industries.
The partnership cements Visa’s positioning around progress, ambition, and seamless consumer experiences as India’s digital economy evolves rapidly.
The major financial payments player believes Shah Rukh Khan’s personal journey to global stardom and enduring relevance were pivotal reasons to mirror the aspirations of Indian consumers.
The partnership will launch an upcoming integrated campaign underlining Visa’s “Power of Progress” philosophy with the “Infinitely More” campaign, which focuses on unlocking premium lifestyle, fine-dining, wellness, and epic travel experiences for consumers.
Financial services and fintech brands around the region have been pervasively banking on celebrity-led narratives and culturally resonant campaigns to engage consumers and develop emotional brand affinity in India’s highly competitive digital payments industry.
According to ASN data, Visa (13%, ~US$21.2m) is the 4th largest spender for its category in the Asian sponsorship landscape since Q323, with a quarterly average investment of US$2m+ during this period. The forecast for Q226 is poised to hit almost US$3.5m, about 1.7 x of the quarterly average, and similar investment from Q225 to Q425.