AirAsia enters digital payments arena

 

AirAsia has entered the digital payments pace with the official launch of its own mobile waller, BigPay. BigPay can store up to 10 credit and debit cards, and in partnership with MasterCard, AirAsia can offer its own top-up cash card that can be used for payments and withdrawals worldwide.

Announcing the wallet at the Money2020 conference in Singapore, AirAsia founder and CEO Tony Fernandes, said that BigPay was only the first step.

“Wallet is the first step and finally we will disrupt the remittance market and money lending business…this will be in Asean, not in India, not in China,” he said.

“We’ll be taking cash off the plane very soon,” and wifi connectivity will be introduced to all AirAsia flights with the aim of all in-flight purchases one day being made through BigPay, he explained.

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