AhaPay, a fintech company backed by Fingular, has announced a strategic partnership with Malaysia-based Paydibs to introduce Buy Now, Pay Later (BNPL) solutions nationwide. This collaboration seeks to enhance payment flexibility and accessibility for merchants and consumers, marking a significant step in AhaPay’s regional expansion strategy.
Paydibs, operating under Malaysia’s Financial Services Act 2013, is renowned for its secure and reliable payment solutions, catering to local businesses with a variety of payment channels, including digital wallets. The partnership will see AhaPay offering flexible 4 and 7 instalment plans, providing unprecedented affordability and payment options for eligible merchants and users.
The integration will be facilitated by the Paydibs NEO all-in-one terminal, allowing merchants to activate AhaPay BNPL alongside QR and card payments. The onboarding process is efficient, taking approximately four to five working days from application to implementation. Once onboarded, merchants gain access to the broader Paydibs ecosystem, including online payment gateways and future financing solutions.
Harold Chen, CEO of AhaPay, highlighted the partnership’s focus on sustainability and inclusive growth, stating it empowers underserved communities by fostering responsible consumer financing practices. Tee Kean Kang, Chief Commercial Officer of Paydibs, emphasised the collaboration’s role in expanding financial access to underbanked segments and building inclusive financial solutions for Malaysian merchants.
This partnership not only aims to improve sales performance and conversion rates for merchants but also enhances financial well-being for consumers by distributing costs responsibly over time.
