NTT DATA, a global leader in AI and digital business services, has signed a Memorandum of Understanding (MOU) with AXS, Singapore’s leading payment solutions provider, to develop secure and seamless cross-border bill payment services. The partnership will initially focus on interoperability between Singapore and Malaysia, allowing users to pay bills through their domestic platforms.
The collaboration will see e-pay, a bill payment aggregator in Malaysia under NTT DATA Payment Services, serve as the access point for Malaysian billers. In Singapore, AXS will utilise its extensive biller network and digital platforms to facilitate payments. This initiative aims to address the growing demand for convenient cross-border bill payments, particularly for individuals managing expenses across borders.
Jeffrey Goh, Group CEO of AXS, stated, “This collaboration with NTT DATA marks another step in extending AXS’ payment connectivity beyond Singapore.” Masanori Kurihara, Head of Payment at NTT DATA, added, “By combining our strengths, we are creating new value that enhances convenience and improves everyday experiences.”
The MOU also outlines plans to expand the collaboration to additional markets, subject to regulatory approvals. Beyond bill payments, AXS and NTT DATA intend to explore further opportunities in payment-related services. This partnership reflects a long-term commitment to enhancing payment solutions across East and Southeast Asia.
