Booking.com and Antom Partner to Expand Local Payment Options Across Asia Via Investing.com

A strategic partnership to simplify payment solutions and enhance the guest experience, introducing more than 40 new payment methods in 8 key Asian markets.

AMSTERDAM & HANGZHOU, China–(BUSINESS WIRE)–Booking.com, one of the world’s leading travel companies, and Antom, a leading provider of sales and digitization services under Ant International, today announced a strategic partnership that will improve payment. experience for Booking.com customers by combining different payment options in key Asian markets.

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This partnership will help Booking.com deliver a unique customer experience while opening business opportunities across the Chinese markets of Hong Kong SAR, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand and the Philippines.” which has a population of about 680 million. . Each market presents unique challenges, including different payment methods, financing and regulatory frameworks. Antom helps global merchants like Booking.com tackle this problem by leveraging its extensive payment partnerships and deep knowledge of local payment conditions.

Antom has developed local payment systems in more than 40 countries and territories, enabling businesses to integrate hundreds of payment methods and support transactions in more than 100 currencies. It gives businesses unlimited access to a variety of of global payments, including credit cards, e-wallets and local payment solutions. Using AI technology, Antom helps merchants improve business security, improve foreign exchange risk management, reduce costs, and improve operational efficiency with on-time payments. reality and blockchain solutions. In addition, Antom offers digitization and digital marketing solutions to support the growth of retailers’ business.

Booking.com is committed to making life easier in the world, with a smooth and hassle-free payment process as a key factor to help travelers browse with ease and confidence. In partnership with Antom, the digital travel platform will enable more than 40 payment options over time, including online banking, bank transfers, digital wallets and card payments local. Important 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) will be the first to be introduced as new payment methods. This flexibility empowers more consumers to use their preferred payment methods, simplifying the payment process and ensuring faster, seamless transactions – ultimately opening up opportunities for travel for many customers throughout the Asia Pacific.

By combining Antom’s multi-currency offerings with cross-border payment capabilities, Booking.com empowers its global accommodation providers to expand user access, and improve payment acceptance and reconciliation across markets. . This partnership will greatly benefit small properties and vacation rentals that may lack access to traditional payment systems, enabling them to compete in the global market.

Daniel Marovitz, Senior Vice President of Fintech, at Booking.com commented, “Partnering with Antom allows us to streamline and improve the payment experience for our guests across Asia Pacific, bringing together A wide range of local payment methods compatible with local preferences. The partnership reflects our commitment to providing a seamless travel experience from booking to payment ecosystem. trips.”

We are excited to partner with Booking.com to expand payment options, expand customer reach across different markets, and support the platform to serve the unique needs of each region, said Gary Liu, CEO Overview of Antom, Ant International. This partnership demonstrates our commitment to making payments more efficient and enabling merchants to unlock new growth opportunities in today’s environment.

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

About Antom
Ant International’s Antom is a leading provider of payments and digitalization services for merchants worldwide. It provides one-stop digital payment solutions, tailored specifically to meet the payment needs of merchants of all sizes. Antom has established local capabilities to access more than 40 markets, with the ability to accept payments in more than 100 currencies. It also provides digital marketing solutions and digital business services to help merchants in the digital process and to better interact with their customers. To learn more, please visit https://www.antom.com/.

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The media

Booking.com
Allison Worldwide
E: sg-booking@allisonworldwide.com
M: (65) 9130 3535

Ant International
Janice Chen
E: janicechen.cyh@antgroup.com

Source: Antom