MasterCard has entered an agreement to buy Pinpoint Pty. Ltd., a Sydney, Australia-based provider of loyalty and rewards services in the Asia Pacific region.

The acquisition, which the companies expect to close by the end of this quarter, combines Pinpoint’s rewards programs with MasterCard’s own offerings for issuers, merchants and cardholders, the Purchase, N.Y.-based card network says in an April 16 press release. MasterCard did not disclose the deal’s financial terms.

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