Capital A’s digital arm Move Digital has announced a strategic collaboration with Ant International which will cover areas such as in exploring to integrate more payment methods and providing acquiring services to the group’s platforms at the same time 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 & Medium Enterprise (MSME) community.
Tony Fernandes, CEO of Capital A said, “We’re thrilled to embark on this transformative journey with Ant International. Their global recognition as a financial technology powerhouse, coupled with their unparalleled expertise, is poised to propel rapid growth for our fintech venture BigPay and our online travel app (OTA) AirAsia MOVE. Both entities are dedicated to agile expansion, and this partnership promises to accelerate our collective mission of providing seamless financial services and affordable travel experiences to our customers worldwide.
As part of this strategic partnership, AirAsia MOVE will work with Ant International to explore integrating Alipay+ payment solutions into its platform, allowing users to pay for services using Alipay+. AirAsia MOVE and Ant International will also explore the use of various wallet technologies (Wallet Tech), including super apps and mini-programs within the Alipay+ ecosystem, to enhance user experience.
While AirAsia MOVE will leverage Ant International’s extensive user base to promote its services. This will involve targeted promotions, exclusive deals for Alipay+ wallet users, and increased visibility for AirAsia MOVE within the Alipay+ ecosystem.
The two sides also agreed that BigPay will become the latest Alipay+ partner wallet to allow its 1.5 million users to pay seamlessly when they travel abroad. It will also explore using Alipay+ Wallet Tech, including fraud prevention and other innovative technologies to develop a more robust payment platform.
