AhaPay, a Malaysian buy now, pay later (BNPL) provider under the fintech holding Fingular, has announced a strategic partnership with Share Commerce, a leading digital payment solutions provider in Malaysia. This collaboration is set to integrate AhaPay’s flexible BNPL solutions into Share Commerce’s extensive network of over 5,000 merchant terminals nationwide, enhancing payment accessibility for consumers and expanding options for merchants.
The partnership allows existing merchants using Share Commerce’s terminals to accept AhaPay payments instantly through a dynamic QR code displayed on their current terminal screens, eliminating the need for new equipment. This integration is expected to drive higher basket sizes, increase conversion rates, and bolster customer loyalty.
The alliance is particularly beneficial for businesses in sectors such as food and beverage, healthcare, and retail, offering customers flexible payment options tailored to various financial needs. This approach has reportedly led to sales increases of over 20% in certain implementations.
AhaPay is also working on deep data integration to enable automated credit pre-approvals for repeat customers, allowing seamless purchases without repeated credit checks across Share Commerce’s merchant network.
Harold Chen, CEO of AhaPay, stated, “Our alliance with Share Commerce marks a significant step in bringing flexible payment solutions to everyday Malaysians.” Reeve Tan, CEO of Share Commerce, added, “Our alliance with AhaPay expands the capabilities of the Share Commerce ecosystem, enabling merchants to offer more flexible payment options whilst supporting stronger customer engagement and business growth.”
This partnership is poised to create a more seamless payment experience, delivering greater value to both merchants and consumers in Malaysia.
