Singapore fintech company Aleta Planet has introduced MPLUS Aleta, a digital payment app designed to cater to the financial needs of Muslim communities across Southeast Asia. Launched at Singapore’s Geylang Serai Ramadan Bazaar in February, the app offers merchants zero transaction fees for 24 months, instant onboarding, and secure transactions, aiming to shift small and medium businesses from cash and credit card reliance.
The MPLUS Aleta app allows consumers to pay merchants by scanning a dedicated QR code, creating a seamless payment experience. Within the app, users can access a marketplace of Muslim merchants and enterprises. Ryan Gwee, Founder and Group Chairman of Aleta Planet, stated, “This MPLUS Aleta app is a step forward to close the digital payment gap in the Muslim community.”
The app leverages Aleta Planet’s proprietary network, ensuring transactions are processed within its infrastructure, enhancing security and privacy. The company plans to expand the app to other Muslim communities in Southeast Asia, focusing on Indonesia and Malaysia.
Suhaimi Rafdi, CEO of MPLUS Singapore Pte Ltd, highlighted the app’s role in accelerating the shift towards a cashless economy, stating, “Our aim is to create a win-win ecosystem, benefiting both shoppers and merchants.” MPLUS Aleta also features a cashback programme to encourage adoption and usage.
Available on Apple App Store, Google Play Store, and Huawei AppGallery, MPLUS Aleta is set to drive business growth and digital payment adoption across the region.
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