Strategic partnership to streamline payment solutions and enhance the traveler 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 payment and digitization services under Ant International, today announced a strategic partnership that will improve the payment experience for customers of Booking.com by combining different payment options in the main markets of Asia.
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This partnership will enable Booking.com to provide a more tailored customer experience while opening up business opportunities in Hong Kong SAR, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand, and the Philippines ” markets with combined population of approximately 680 million. . Each market presents different challenges, including different payment methods, currencies and regulatory frameworks. Antom helps global merchants like Booking.com navigate this complexity by leveraging multiple payment channel partnerships and deep knowledge of local payment areas.
Antom has established local acquisition capabilities in over 40 countries and regions, enabling businesses to integrate hundreds of payment methods and support transactions in over 100 currencies. It offers businesses seamless access to a variety of global payment options, including credit cards, e-wallets, and local payment solutions. By using AI technology, Antom helps traders improve transaction security, optimize foreign exchange risk management, reduce costs, and improve operational efficiency through real-time payment and blockchain solutions. In addition, Antom provides digitization and digital marketing solutions to support the business growth of entrepreneurs.
Booking.com is committed to making the world easier to experience, with a smooth and seamless payment process a key factor in enabling travelers to book with ease and confidence. . Through its partnership with Antom, the digital travel platform will make more than 40 payment options available over time, including online banking, bank transfers, digital wallets and local card payments. Key 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 ( The Malaysia) and TrueMoney (Thailand) will be the first to be introduced as new payment methods. This added flexibility empowers a wider range of customers to use their preferred payment methods, streamlines the checkout process and ensures faster, smoother transactions – at ultimately opening up travel opportunities for more consumers across the Asia Pacific.
By combining Antom’s multi-currency offerings and cross-border settlement capabilities, Booking.com empowers its global accommodation providers to expand user reach, and optimize payment acceptance and reconciliation of different markets. This collaboration will especially benefit small properties and holiday rentals that may lack access to traditional payment infrastructures, enabling them to compete more effectively in the global marketplace.
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 travelers across Asia Pacific, bringing together a wider range of local payment option that aligns with regional preferences. This collaboration demonstrates our commitment to delivering a seamless travel experience from booking to checkout.”
We are excited to partner with Booking.com to expand payment options, expand customer reach in different markets, and support the platform to better serve the unique needs of each region, said Gary Liu, General Manager of Antom, Ant International. This partnership demonstrates our commitment to making payments more efficient and enables 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 friction 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
Ant International’s Antom is the leading provider of payment and digitization services for merchants worldwide. It offers one-stop, vertical-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 engage with their customers. To learn more, please visit https://www.antom.com/.
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Media
Booking.com
Allison Worldwide
E: [email protected]
M: (65) 9130 3535
Ant International
Janice Chen
E: [email protected]
Source: Antom