AXS Partners with Triple-A to Launch Digital Currency Bill Payments in Singaporeby Fintech News Singapore January 23, 2024
Singapore-based payment solutions provider AXS has partnered with Triple-A to introduce bill payments using digital currencies through AXS’s platforms.
The service, accessible via AXS m-Station, supports cryptocurrencies like Bitcoin, Ether, Tether, and USD Coin. This initiative extends payment options for AXS users, encompassing a range of services from bill settlements to telecom card top-ups.
The collaboration integrates Triple-A’s digital currency payment solutions into AXS’s Electronic Service Delivery Network (ESDN), which includes over 650 AXS Stations, the AXS e-Station for web payments, and the mobile AXS m-Station.
Eric Barbier, CEO of Triple-A, said,
” We are thrilled to collaborate with AXS to introduce digital currency payments, offering users a new dimension of convenience and choice for their bill payments. By accepting digital currencies, AXS can enjoy reduced processing times and fees.
“Teaming up with Triple-A allows us to offer an additional payment method for bill payments, catering to the evolving preferences of our diverse user base,”
said Chin Mun Chung, CEO of AXS Services.
Users can now manage transactions for various services, including educational fees for institutions such as the National University of Singapore and Singapore Poly, government services like LTA road tax and NParks BBQ pit bookings, and HDB fees.
The partnership aims to provide a secure and compliant platform for financial transactions, aligning with the stringent regulatory standards upheld by both AXS and Triple-A.