Singapore – Digital travel platform Agoda has partnered up with installment payment platform Atome in expanding their “buy now, pay later” scheme to Agoda’s payment options for accommodation bookings, initially offered for Singaporean and Malaysian customers.
Under the partnership, users can checkout their Agoda accommodation by selecting Atome on the checkout page. With 34,000 properties available on the Singapore and Malaysia markets, the partnership also hopes to expand the partnership to additional Southeast Asian (Indonesia, Philippines, Thailand, Vietnam) markets as well as Hong Kong and Taiwan by 2021.
“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,” said Darren Makarem, vice president of commercial finance at Agoda.
On the other hand, David Chen, CEO of Atome (pictured) said, “This marks the start of a truly exciting regional partnership with Agoda. 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.
He also added, “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.”
The partnership starts on December 21 for the Singaporean and Malaysian market.