Booking.com and Antom team up to expand local payment options across Asia through Investing.com

Photo of author

By [email protected]


Strategic partnership to simplify payment solutions and elevate the traveler experience, offering more than 40 new payment methods across 8 key Asian markets

AMSTERDAM and HANGZHOU, China–(BUSINESS WIRE)–Booking.com, one of the world’s leading travel companies, and Antom, a leading provider of merchant payment and digital services under Ant International, today announced a strategic partnership that will enhance… Payment. Experience for Booking.com customers by integrating diverse payment options across key markets in Asia.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250114445080/en/

This partnership will enable Booking.com to offer a more personalized customer experience while opening business opportunities in the markets of China’s Hong Kong SAR, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand and the Philippines, which have a combined population of approximately 680 million people. Each market presents different challenges, Including different payment methods, currencies and regulatory frameworks, Antom helps global merchants like Booking.com overcome this complexity by leveraging its extensive payment channel partnerships and deep knowledge of the local payment landscape.

Antom has established local acquisition capabilities in more than 40 countries and regions, enabling businesses to integrate hundreds of payment methods and supports transactions in more than 100 currencies. It provides businesses seamless access to a variety of global payment options, including credit cards, e-wallets, and local payment solutions. By leveraging AI technology, Antom helps merchants enhance transaction security, improve foreign exchange risk management, reduce costs, and improve operational efficiency through real-time payments and blockchain solutions. Additionally, Antom provides digitization and digital marketing solutions to support merchant business growth.

Booking.com is committed to making the world easier to experience, and a smooth and seamless payment process is a key factor in enabling travelers to book with ease and confidence. Through its partnership with Antom, the digital travel platform will offer more than 40 payment options over time, including online banking, bank transfers, digital wallets and local card payments. Major mobile wallets such as AlipayHK (Hong Kong SAR, China), Boost (Malaysia), GCash (Philippines), GrabPay (Singapore), Kakao Pay (South Korea), Naver Pay (South Korea), Touch ‘n Go eWallet (Malaysia) and TrueMoney (Thailand) are the first to be introduced as new payment methods. This added flexibility enables a wider range of customers to use their preferred payment methods, simplifying the checkout process and ensuring faster and smoother transactions – ultimately opening up travel opportunities for more consumers across the Asia Pacific region.

By integrating Antom’s multi-currency offerings and cross-border settlement capabilities, Booking.com is enabling its global accommodation providers to expand user reach and improve payment acceptance and settlement across diverse markets. This collaboration will particularly benefit small properties and vacation rentals that may lack access to traditional payment infrastructure, enabling them to compete more effectively in the global market.

Daniel Marovitz, Senior Vice President of FinTech at Booking.com, commented: “Partnering with Antom allows us to simplify and enhance the payment experience for our travelers across the Asia-Pacific region, integrating a wide range of local payment options that align with regional preferences. This collaboration reflects our commitment to providing A seamless travel experience from booking to checkout, and we look forward to working with Antom to support local businesses and continue developing a more connected and innovative payment system for travel.”

“We are excited to partner with Booking.com to expand payment options, expand customer reach across diverse markets, and support the platform in better serving the unique needs of each region,” said Gary Liu, General Manager of Antom, Ant International. This partnership reflects our commitment to making payments more efficient and enabling merchants to unlock new growth opportunities in today’s dynamic landscape.

About Booking.com
Part of Booking Holdings Inc. (NASDAQ: NASDAQ:), Booking.com’s mission is to make it easier for everyone to experience the world. By investing in technology that helps take the hassle out of travel, the Booking.com marketplace seamlessly connects millions of travelers with unforgettable experiences every day. For more information, follow @bookingcom on social media or visit globalnews.booking.com.

About Antom
Antom International’s Antom is a leading provider of payment and digital services to merchants around the world. It provides integrated, sector-specific digital payment solutions to meet the payment needs of merchants of all sizes. Antom has established local acquisition capabilities in over 40 markets, with the flexibility to accept payments in over 100 currencies. It also provides digital marketing solutions and merchant digitization services to help merchants with digital operations and better interact with their customers. To learn more, please visit https://www.antom.com/.

Media

Booking.com
Alison International
Email: [email protected]
M: (65) 9130 3535

Ant International
Janice Chen
Email: [email protected]

Source: Antom





https://i-invdn-com.investing.com/redesign/images/seo/investing_300X300.png

Source link

Leave a Comment