Booking.com and Antom partner to expand local payment options across Asia through Investing.com
Strategic partnership to simplify payment solutions and improve passenger 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 merchant digitization services under Ant International, today announced a strategic partnership that will improve the payment experience for customers of Booking.com by integrating various payment options in key markets in Asia.
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This partnership will enable Booking.com to provide a more customized customer experience while unlocking business opportunities in the markets of Hong Kong, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand and the Philippines” with a 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 its extensive payment channel partnerships and deep knowledge of local payment landscapes.
Antom has established local collection capabilities in more than 40 countries and regions, enabling companies to integrate hundreds of payment methods and supporting transactions in more than 100 currencies. It offers businesses seamless access to a diverse range of global payment options, including credit cards, e-wallets and local payment solutions. Using AI technology, Antom helps merchants improve transaction security, optimize foreign exchange risk management, reduce costs and improve operational efficiency through real-time payments and blockchain solutions. In addition, Antom offers digitization and digital marketing solutions to support the growth of retailers’ businesses.
Booking.com is committed to making the experience of the world easier, with a smooth and seamless payment process a key factor in enabling travelers to book easily and confidently. Through its partnership with Antoma, the digital travel platform will eventually make more than 40 payment options available, 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 ( Malaysia) and TrueMoney (Thailand) will be the first to be introduced as new payment methods. This added flexibility enables a wider range of customers to use their preferred payment methods, streamlining the checkout process and ensuring faster, more seamless transactions – ultimately opening up travel options for more consumers across Asia Pacific.
By integrating Antom’s multi-currency offerings and cross-border settlement capabilities, Booking.com empowers its global accommodation providers to expand customer reach and optimize payment acceptance and reconciliation across markets. This collaboration will particularly benefit smaller properties and vacation rentals that may not have access to traditional payment infrastructure, allowing them to compete more effectively in the global marketplace.
Daniel Marovitz, Senior Vice President of Fintech at Booking.com commented: “Partnering with Antoma allows us to simplify and improve the payment experience for our travelers across Asia Pacific by integrating a wider range of local payment options that align with regional preferences. This collaboration reflects our commitment to providing a seamless travel experience from booking to check-out. We look forward to working with Antoma to support local businesses and continue to advance a more connected, innovative travel payment ecosystem.”
We are excited to partner with Booking.com to expand payment options, expand customer reach across markets and support the platform to better serve the unique needs of each region, said Gary Liu, general manager of Anto, Ant International. This partnership reflects our commitment to more efficient payments and enabling merchants to unlock new opportunities for growth in today’s dynamic environment.
About Booking.com
Part of Booking Holdings Inc. (NASDAQ: NASDAQ: ), Booking.com’s mission is to make it easy for everyone to experience the world. By investing in technology that helps reduce friction in travel, Booking.com’s marketplace seamlessly connects millions of travelers to unforgettable experiences every day. For more information, follow @bookingcom on social media or visit globalnews.booking.com.
About Antom
Antom Ant International is a leading provider of payments 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 collection capabilities in over 40 markets, with the flexibility to accept payments in over 100 currencies. It also provides digital marketing solutions and retailer digitization services to help retailers do digital business and better engage with customers. To learn more, visit https://www.antom.com/.
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The media
Booking.com
Allison worldwide
Email: sg-booking@allisonworldwide.com
M: (65) 9130 3535
Ant International
Janice Chen
Email: janicechen.cyh@antgroup.com
Source: Antom