Booking.com and Antom Partner to Expand Local Payment Options Across Asia
Booking.com (BKNG) has announced a strategic partnership with Antom, a merchant payment provider under Ant International, to expand payment options across 8 key Asian markets. The collaboration will integrate over 40 new payment methods, including online banking, bank transfers, digital wallets, and local card payments.
The partnership targets markets with a combined population of 680 million, including Hong Kong SAR, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand, and the Philippines. Initial implementations will include major mobile wallets such as AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet, and TrueMoney.
Through Antom's multi-currency offerings and cross-border settlement capabilities, Booking.com aims to enhance transaction security, optimize foreign exchange risk management, and improve operational efficiency. The partnership particularly benefits smaller properties and holiday rentals by providing access to diverse payment infrastructures.
Booking.com (BKNG) ha annunciato una partnership strategica con Antom, un fornitore di pagamenti commerciali sotto Ant International, per espandere le opzioni di pagamento in 8 mercati chiave dell'Asia. La collaborazione integrer脿 oltre 40 nuovi metodi di pagamento, compresi i pagamenti online, i bonifici bancari, i portafogli digitali e i pagamenti con carta locale.
La partnership si rivolge a mercati con una popolazione combinata di 680 milioni di persone, tra cui Hong Kong SAR, Indonesia, Giappone, Malesia, Singapore, Corea del Sud, Thailandia e Filippine. Le prime implementazioni includeranno importanti portafogli mobili come AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet e TrueMoney.
Attraverso le offerte multi-valuta di Antom e le capacit脿 di regolamento transfrontaliero, Booking.com mira a migliorare la sicurezza delle transazioni, ottimizzare la gestione del rischio di cambio e migliorare l'efficienza operativa. La partnership avvantaggia in particolare le piccole strutture e le case vacanza, fornendo accesso a infrastrutture di pagamento diversificate.
Booking.com (BKNG) ha anunciado una asociaci贸n estrat茅gica con Antom, un proveedor de pagos comerciales bajo Ant International, para expandir las opciones de pago en 8 mercados clave de Asia. La colaboraci贸n integrar谩 m谩s de 40 nuevos m茅todos de pago, incluidos la banca en l铆nea, las transferencias bancarias, las billeteras digitales y los pagos con tarjeta local.
La asociaci贸n tiene como objetivo mercados con una poblaci贸n combinada de 680 millones, incluidos Hong Kong SAR, Indonesia, Jap贸n, Malasia, Singapur, Corea del Sur, Tailandia y Filipinas. Las implementaciones iniciales incluir谩n importantes billeteras m贸viles como AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet y TrueMoney.
A trav茅s de las ofertas multimoneda de Antom y las capacidades de liquidaci贸n transfronteriza, Booking.com busca mejorar la seguridad de las transacciones, optimizar la gesti贸n del riesgo cambiario y mejorar la eficiencia operativa. La asociaci贸n beneficia particularmente a las propiedades m谩s peque帽as y a los alquileres vacacionales al proporcionar acceso a infraestructuras de pago diversas.
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Booking.com (BKNG) a annonc茅 un partenariat strat茅gique avec Antom, un fournisseur de paiements commerciaux sous Ant International, pour 茅largir les options de paiement dans 8 march茅s cl茅s en Asie. La collaboration int茅grera plus de 40 nouveaux moyens de paiement, y compris la banque en ligne, les virements bancaires, les portefeuilles num茅riques et les paiements par carte locale.
Le partenariat cible des march茅s avec une population combin茅e de 680 millions, y compris Hong Kong SAR, l'Indon茅sie, le Japon, la Malaisie, Singapour, la Cor茅e du Sud, la Tha茂lande et les Philippines. Les premi猫res mises en 艙uvre incluront des portefeuilles mobiles majeurs tels qu'AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet et TrueMoney.
Gr芒ce aux offres multicurrency d'Antom et aux capacit茅s de r猫glement transfrontalier, Booking.com vise 脿 am茅liorer la s茅curit茅 des transactions, 脿 optimiser la gestion du risque de change et 脿 am茅liorer l'efficacit茅 op茅rationnelle. Ce partenariat b茅n茅ficie particuli猫rement aux petites propri茅t茅s et aux locations de vacances en leur offrant un acc猫s 脿 des infrastructures de paiement diversifi茅es.
Booking.com (BKNG) hat eine strategische Partnerschaft mit Antom, einem Anbieter von H盲ndlerzahlungen unter Ant International, angek眉ndigt, um die Zahlungsoptionen in 8 wichtigen asiatischen M盲rkten auszubauen. Die Zusammenarbeit wird 眉ber 40 neue Zahlungsmethoden integrieren, darunter Online-Banking, Bank眉berweisungen, digitale Geldb枚rsen und lokale Kartenzahlungen.
Die Partnerschaft richtet sich an M盲rkte mit einer kombinierten Bev枚lkerung von 680 Millionen, darunter die Sonderverwaltungszone Hongkong, Indonesien, Japan, Malaysia, Singapur, S眉dkorea, Thailand und die Philippinen. Die ersten Implementierungen werden bedeutende mobile Geldb枚rsen wie AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet und TrueMoney umfassen.
Durch Antoms Multiw盲hrungsangebote und grenz眉berschreitende Abwicklungsm枚glichkeiten zielt Booking.com darauf ab, die Transaktionssicherheit zu verbessern, das Management von Devisenrisiken zu optimieren und die Betriebseffizienz zu steigern. Die Partnerschaft kommt insbesondere kleineren Objekten und Ferienvermietungen zugute, indem sie Zugang zu vielf盲ltigen Zahlungsinfrastrukturen bietet.
- Expansion into 8 key Asian markets with 680 million population potential
- Integration of 40+ new local payment methods enhancing market penetration
- Improved accessibility for smaller properties and holiday rentals
- Enhanced transaction security and operational efficiency through AI technology
- Optimization of foreign exchange risk management
- None.
Insights
This strategic partnership represents a significant expansion of Booking.com's payment infrastructure across key Asian markets. The integration of over 40 new payment methods through Antom's platform will substantially reduce transaction friction and potentially increase conversion rates in markets where traditional payment methods are less prevalent.
The partnership targets 8 major Asian markets with a combined population of 680 million, positioning BKNG to capture a larger share of the rapidly growing Asian travel market. The integration of popular local payment solutions like GCash, Kakao Pay and AlipayHK addresses a critical market access barrier, as many Asian consumers prefer local payment methods over international credit cards.
The multi-currency capabilities and cross-border settlement features will likely reduce transaction costs and currency conversion losses, potentially improving BKNG's operating margins in these markets. This is particularly valuable for smaller accommodation providers who previously faced barriers to international payments, potentially expanding BKNG's inventory in these regions.
The Asian travel market represents a massive growth opportunity, with rising middle-class populations and increasing travel propensity. By integrating local payment preferences, BKNG is removing a key barrier to market penetration. Historical data shows that offering local payment methods can increase conversion rates by 20-30% in Asian markets.
The timing is strategic as post-pandemic travel recovery in Asia continues to accelerate. The partnership spans diverse markets at different stages of digital payment adoption, from mature markets like South Korea to emerging ones like Indonesia and the Philippines. This positions BKNG to capture growth across the spectrum while building early-mover advantages in developing markets.
The integration of AI-powered transaction security and risk management through Antom's platform also addresses critical concerns about fraud and compliance in these markets, potentially reducing operational risks while scaling operations.
Strategic partnership to streamline payment solutions and elevate traveller experience, introducing over 40 new payment methods across 8 key Asian markets
AMSTERDAM &
This partnership will enable Booking.com to deliver a more tailored customer experience while unlocking business opportunities across China鈥檚 Hong Kong SAR,
Antom has established local acquiring capabilities in over 40 countries and regions, enabling businesses to integrate hundreds of payment methods and supports transactions in over 100 currencies. It offers businesses seamless access to a diverse range of global payment options, including credit cards, e-wallets, and local payment solutions. By leveraging AI technology, Antom helps merchants enhance transaction security, optimise foreign exchange risk management, reduce costs, and improve operational efficiency through real-time payments and blockchain solutions. Additionally, Antom provides digitisation and digital marketing solutions to support merchants鈥� business growth.
Booking.com is committed to making it easier to experience the world, with a smooth and seamless payment process being a key factor in enabling travellers to book with ease and confidence. Through its partnership with Antom, the digital travel platform will make over 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,
By integrating Antom鈥檚 multi-currency offerings and cross-border settlement capabilities, Booking.com is empowering its global accommodation providers to expand user reach, and optimise payment acceptance and reconciliation across diverse markets. This collaboration will especially benefit smaller 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 enhance the payment experience for our travellers across
鈥淲e鈥檙e excited to partner with Booking.com to expand payment options, broaden customer reach across diverse markets, and support the platform in better serving the unique needs of each region,鈥� said Gary Liu, General Manager of Antom, Ant International. 鈥淭his partnership reflects our commitment to making payments more efficient and enabling merchants to unlock new growth opportunities in today鈥檚 dynamic landscape.鈥�
About Booking.com
Part of Booking Holdings Inc. (NASDAQ: BKNG), Booking.com鈥檚 mission is to make it easier for everyone to experience the world. By investing in the technology that helps take the friction out of travel, Booking.com鈥檚 marketplace seamlessly connects millions of travellers with memorable experiences every day. For more information, follow @bookingcom on social media or visit .
About Antom
Ant International鈥檚 Antom is the leading payment and digitisation services provider for merchants around the world. It offers one-stop, vertical-specific digital payment solutions to meet the payment needs of merchants of all sizes. Antom has established local acquiring capabilities in over 40 markets, with the flexibility to accept payments in more than 100 currencies. It also provides digital marketing solutions and merchant digitisation services to help merchant in digital operations and to better engage with their customers. To learn more, please visit .
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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
FAQ
What new payment methods will be available through BKNG's partnership with Antom?
Which Asian markets are targeted in BKNG's Antom partnership?
How does the Antom partnership benefit small property owners on BKNG's platform?
What technological advantages does the BKNG-Antom partnership offer?
How many currencies does the BKNG-Antom partnership support?
