Business

AirAsia’s BigPay eyes Q1 2022 start to Thailand operations

It is in the midst of obtaining the necessary regulatory approvals

Updated 5 years ago · Published on 08 Jul 2021 9:30PM

AirAsia’s BigPay eyes Q1 2022 start to Thailand operations
BigPay has launched a number of regulated financial products, from e-money and international remittance to micro-insurance and budgeting. – BigPay pic, July 8, 2021

KUALA LUMPUR – AirAsia Group’s e-wallet unit, BigPay, aims to expand its services to Thailand in the first quarter of next year after it has obtained the necessary regulatory approvals.

In a statement, chief executive officer and co-founder Salim Dhanani said BigPay has a unique opportunity to enter into Thailand at an accelerated pace following AirAsia Digital’s acquisition of Gojek and GoPay’s Thailand businesses.

“We are committed to enabling access to financial services for everyone across Southeast Asia. 

“Our goal is to launch with all of BigPay’s core features, from payments to international remittance, while fully localising our user experience to appeal specifically to Thailand consumers,” he said. 

Since 2017, BigPay has helped more than 1.4 million Malaysians improve their financial health and has launched a number of regulated financial products, from e-money and international remittance to micro-insurance and budgeting, with the goal of being a one-stop solution for Malaysians’ financial needs. 

BigPay also announced that it has applied for a digital banking licence in Malaysia with a consortium of strategic partners. – Bernama, July 8, 2021

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