AirAsia MOVE, a Malaysia-based travel booking app and the online travel agency (OTA) platform business of Capital A, has signed a partnership agreement with Ant International’s Antom for payment solutions.

The duo said in a statement on Tuesday that the partnership is part of their continuous efforts to transform travel, including seamless payment experiences on the app.

Under the agreement, AirAsia MOVE will work closely with Antom, Ant International’s merchant payment and digitization services provider, and 2C2P, a full-suite global payments platform and a subsidiary of Antom.

According to the statement, this collaboration is set to integrate Antom and 2C2P’s advanced payment solutions, including payment orchestration and acquiring for both cards and local payment methods (LPMs), into AirAsia MOVE’s platform.

These cutting-edge technologies will empower AirAsia MOVE to streamline payment methods, reduce cross-border transaction costs and operational expenses, and broaden its consumer base, while providing customers with a wider range of preferred payment options.

Tony Fernandes, Chief Executive Officer of Capital A, lauded the partnership as a significant step forward for the broader Capital A ecosystem.

“This collaboration with Antom and 2C2P not only benefits AirAsia MOVE but also strengthens our ecosystem by enhancing payment capabilities across our businesses,

“We look forward to a long-term partnership with Ant International as we continue to innovate and deliver exceptional value to our customers,” he added.

Nadia Omer, Chief Executive Officer of AirAsia MOVE, also highlighted that the partnership redefines the way of the firm’s customers experience travel payments.

“By integrating Antom and 2C2P’s advanced solutions, we’re enhancing efficiency, improving customer satisfaction, and delivering significant cost savings,

“This partnership underscores our commitment to innovation and delivering value to our customers across the region,” she noted.

She also said the firm aims to simplify the complexities of cross-border transactions through this partnership and it also aligns with AirAsia MOVE’s vision of providing seamless travel experiences.

“By leveraging Antom and 2C2P’s robust payment infrastructure, we can offer greater flexibility and convenience, addressing the diverse needs of our growing customer base in Southeast Asia and beyond,” she added.

Meanwhile, Gary Liu, General Manager of Antom, Ant International, commented that the deepening partnership with AirAsia MOVE is to continuously drive innovation and elevate the payment experience for the firm’s customers.

“Our advanced solutions, including payment orchestration and acquiring for both cards and LPMs, enable AirAsia MOVE to expand its reach to more consumers across the Asia-Pacific region and beyond,

“By combining our expertise and artificial intelligence (AI)-driven payment technologies, we are committed to improving operational efficiency, enhancing customer satisfaction, and unlocking long-term value together,” he added.

Reggie Weston, Executive Director of Business and Product Development of 2C2P, said the longstanding partnership with AirAsia MOVE together with Antom brings the latest advanced payment features to empower AirAsia MOVE to meet the needs of their customers everywhere in an optimal and seamless way.

This partnership agreement between MOVE, Antom and 2C2P is part of a strategic partnership announced last March between Capital A and Ant International which covers various areas,
exploring to integrate more payment methods and providing acquiring services to Capital A’s platforms, work on digital marketing and sponsorship opportunities to drive business growth, and to cooperate in enhancing access to sustainable finance while transitioning to a low carbon economy for the micro, small and medium enterprise (MSME) community.

Antom manages an acquiring network spanning over 40 countries and regions, enabling the integration of hundreds of payment methods and supporting transactions in more than 100 currencies.

Its unified API provides businesses with seamless access to global payment options, including credit cards, e-wallets, and local payment solutions.

Leveraging AI technology, the firm helps businesses ensure transaction security, streamlines foreign exchange risk management, lowers costs, and enhances operational efficiency through real-time payments and blockchain solutions.

Additionally, it empowers merchants to customize operations and refine customer targeting with AI-driven and privacy-computing tools.

Operating across Southeast Asia and Hong Kong, 2C2P’s extensive network provides a single point of integration to over 400 regional and local payment methods and 600,000 alternative payment locations, enabling businesses to reach their customers anywhere across online, mobile or offline channels.

Its payment orchestration product, Payment Air Controller (PACO), is designed to resolve common pain points experienced by airlines such as managing transaction
and currency conversion fees across different acquirers, offices and markets, synchronizing online and offline booking channels, managing fraud risk, optimizing costs as well as catering to diverse customer payment preferences.

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