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 integrerà 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 capacità 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 asociación estratégica con Antom, un proveedor de pagos comerciales bajo Ant International, para expandir las opciones de pago en 8 mercados clave de Asia. La colaboración integrará más de 40 nuevos métodos de pago, incluidos la banca en línea, las transferencias bancarias, las billeteras digitales y los pagos con tarjeta local.
La asociación tiene como objetivo mercados con una población combinada de 680 millones, incluidos Hong Kong SAR, Indonesia, Japón, Malasia, Singapur, Corea del Sur, Tailandia y Filipinas. Las implementaciones iniciales incluirán importantes billeteras móviles como AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet y TrueMoney.
A través de las ofertas multimoneda de Antom y las capacidades de liquidación transfronteriza, Booking.com busca mejorar la seguridad de las transacciones, optimizar la gestión del riesgo cambiario y mejorar la eficiencia operativa. La asociación beneficia particularmente a las propiedades más pequeñas y a los alquileres vacacionales al proporcionar acceso a infraestructuras de pago diversas.
Booking.com (BKNG)은 아시아 8개 주요 시장에서 결제 옵션을 확장하기 위해 Ant International 소속의 상인 결제 제공업체인 Antom과 전략적 파트너십을 발표했습니다. 협력은 온라인 뱅킹, 은행 송금, 디지털 지갑, 지역 카드 결제를 포함하여 40개 이상의 새로운 결제 방법을 통합할 것입니다.
이 파트너십은 홍콩 SAR, 인도네시아, 일본, 말레이시아, 싱가포르, 한국, 태국 및 필리핀을 포함하여 결합 인구 6억 8천만 명인 시장을 목표로 하고 있습니다. 초기 구현에는 AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet 및 TrueMoney와 같은 주요 모바일 지갑이 포함됩니다.
Antom의 다통화 상품과 국경 간 결제 역량을 통해 Booking.com은 거래 보안을 강화하고 외환 위험 관리를 최적화하며 운영 효율성을 개선하는 것을 목표로 합니다. 이 파트너십은 특히 소규모 숙소와 휴가 임대업체에 다양한 결제 인프라에 대한 접근을 제공합니다.
Booking.com (BKNG) a annoncé un partenariat stratégique avec Antom, un fournisseur de paiements commerciaux sous Ant International, pour élargir les options de paiement dans 8 marchés clés en Asie. La collaboration intégrera plus de 40 nouveaux moyens de paiement, y compris la banque en ligne, les virements bancaires, les portefeuilles numériques et les paiements par carte locale.
Le partenariat cible des marchés avec une population combinée de 680 millions, y compris Hong Kong SAR, l'Indonésie, le Japon, la Malaisie, Singapour, la Corée du Sud, la Thaïlande et les Philippines. Les premières mises en œuvre incluront des portefeuilles mobiles majeurs tels qu'AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet et TrueMoney.
Grâce aux offres multicurrency d'Antom et aux capacités de règlement transfrontalier, Booking.com vise à améliorer la sécurité des transactions, à optimiser la gestion du risque de change et à améliorer l'efficacité opérationnelle. Ce partenariat bénéficie particulièrement aux petites propriétés et aux locations de vacances en leur offrant un accès à des infrastructures de paiement diversifiées.
Booking.com (BKNG) hat eine strategische Partnerschaft mit Antom, einem Anbieter von Händlerzahlungen unter Ant International, angekündigt, um die Zahlungsoptionen in 8 wichtigen asiatischen Märkten auszubauen. Die Zusammenarbeit wird über 40 neue Zahlungsmethoden integrieren, darunter Online-Banking, Banküberweisungen, digitale Geldbörsen und lokale Kartenzahlungen.
Die Partnerschaft richtet sich an Märkte mit einer kombinierten Bevölkerung von 680 Millionen, darunter die Sonderverwaltungszone Hongkong, Indonesien, Japan, Malaysia, Singapur, Südkorea, Thailand und die Philippinen. Die ersten Implementierungen werden bedeutende mobile Geldbörsen wie AlipayHK, Boost, GCash, GrabPay, Kakao Pay, Naver Pay, Touch 'n Go eWallet und TrueMoney umfassen.
Durch Antoms Multiwährungsangebote und grenzüberschreitende Abwicklungsmöglichkeiten 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 vielfältigen 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’s 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’ 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’s 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
“We’re 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,” said Gary Liu, General Manager of Antom, Ant International. “This partnership reflects our commitment to making payments more efficient and enabling merchants to unlock new growth opportunities in today’s dynamic landscape.”
About Booking.com
Part of Booking Holdings Inc. (NASDAQ: BKNG), Booking.com’s 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’s marketplace seamlessly connects millions of travellers with memorable 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 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 https://www.antom.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250114445080/en/
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?
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