Capital A's MOVE Digital Teams Up With Ant International To Boost Digital Payments

In a significant move towards enhancing digital payment systems and fostering sustainable finance, MOVE Digital, the digital branch of Capital A, has joined forces with Ant International. This strategic partnership is set to revolutionize the way payments are made on Capital A's platforms, including the integration of Alipay+ payment solutions and acquiring services. The collaboration extends beyond mere payment solutions; it aims to bolster digital marketing efforts, sponsorships, and notably, to improve access to sustainable finance for the Micro, Small & Medium Enterprise (MSME) community.

One of the key facets of this partnership is the integration of Alipay+ payment solutions into AirAsia MOVE's platform. This integration will enable users to effortlessly pay for services using Alipay+, thereby enhancing user experience and convenience. Furthermore, BigPay, another entity under Capital A, is set to become an Alipay+ partner wallet. This development promises seamless payment experiences for BigPay users, especially when traveling abroad, by leveraging Alipay+ Wallet Tech.

The collaboration between MOVE Digital and Ant International is not just about improving payment systems; it also focuses on leveraging Ant International's extensive user base. Through targeted promotions and exclusive deals, AirAsia MOVE's services will be promoted, potentially increasing its visibility and user engagement.

Capital A's diverse portfolio includes over 20 different products and services, catering to more than 700 million individuals across the region. The partnership aims to tap into this vast market by creating a more robust payment platform through Alipay+ Cross-border Mobile Payment Service. This service connects over 88 million merchants in 57 countries and regions to 1.5 billion consumer accounts across various e-wallets and banking apps.

Beyond financial transactions, the partnership is committed to promoting sustainability initiatives. These include advancing global digital inclusion, cultivating digital talent, and promoting sustainable travel programs. In line with these goals, Capital A has pledged support for Ant International's SIRIUS initiative. This initiative is designed to provide the MSME community with access to sustainable finance, thereby fostering a more inclusive economic environment.

Capital A (formerly known as AirAsia Group) is an investment holding company with a rich portfolio encompassing aviation and travel businesses like AirAsia MOVE and fintech solution BigPay. On the other hand, Ant International, headquartered in Singapore, specializes in providing digital payment and financial services solutions to merchants globally.

The partnership between MOVE Digital and Ant International represents a strategic step towards creating a more inclusive and sustainable financial ecosystem. By integrating advanced payment solutions and focusing on sustainability initiatives, both companies aim to make a significant impact on society. This collaboration not only promises to enhance the payment experience for users but also underscores a shared commitment to supporting the MSME community and promoting sustainable practices.