Agoda Rolls Our Buy Now, Pay Later Payment Solution With Atomeby Fintech News Singapore January 5, 2021
Digital travel platform Agoda has launched a regional partnership with Singaporean buy now, pay later platform Atome to offer flexible instalment payment options for accommodation bookings first in Singapore and Malaysia, before rolling out to include eight additional markets in South East Asia and Asia Pacific this year.
Under the partnership starting from 21 December, travellers in Singapore and Malaysia can pay for their accommodation in three installments without any additional interest, charges or service fees by selecting Atome during checkout on Agoda’s website or mobile app.
This new convenient and secure payment option for Agoda travellers will expand to include additional South East Asian markets including Indonesia, Philippines, Thailand, Vietnam as well as Hong Kong and Taiwan next year.
Agoda Vice President of Commercial Finance, Darren Makarem said,
“We are always looking for innovative ways to help more people access travel, using tech to simplify the search, booking and payment processes. The launch of our instalment payment offering with Atome will enable Singaporean and Malaysian travellers who might have previously found it inconvenient to pay for their booking in one lump sum to spread the costs over multiple payments by choosing to pay with Atome, without incurring additional costs.”
David Chen, CEO of Atome said,
“Travel and tourism supports so many businesses, livelihoods and economies across Asia. We’re truly humbled to play our part in helping to boost domestic tourism by introducing buy now, pay later payment flexibility and convenience on the Agoda platform today. As more borders in Asia re-open for travel in 2021, our regional partnership will allow even more Agoda travellers to enjoy this payment convenience and flexibility at checkout, improving the customer experience.”
Atome launched its service in December 2019 partnering over 2,000 retailers and is available on the App Store and Google Play Store.
Featured image: Agoda