Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, announced Tuesday a regional partnership with hoolah, a Singpoare-based omnichannel Buy Now Pay Later (BNPL) platform, to provide a seamless and convenient payment option for travellers.
Through this collaboration, travellers in Malaysia, Singapore and soon Hong Kong, can now book their getaway with MAG’s main airline, Malaysia Airlines online and pay for their flights via hoolah’s flexible three-month, interest-free payment option, both parties said in a statement.
This means that travellers can fly to their destination and enjoy their vacation before paying for the ticket in full while spreading the cost over three monthly interest-free instalments, it added.
This partnership comes at an opportune time as travel is picking up in Singapore where its borders are already open to 30 countries/regions including Australia, South Korea, and Switzerland under the Vaccinated Travel Lane (VTL) scheme, and the anticipated soon-to-launch VTLs with Greece and Vietnam. As a member of the Travel Safe Alliance Malaysia (TSAM), Malaysia Airlines will continue to facilitate safe and seamless travels to support Malaysia’s #ReopeningSafely strategy.
“We are excited to collaborate with hoolah as it provides another payment option and flexibility for customers to book their flights with Malaysia Airlines. This marks our first-of-its-kind partnership with a BNPL provider in Asia, and it couldn’t be timelier as we anticipate growing demands for travel with the reopening of our borders soon,
“Malaysia Airlines is committed to facilitating safe and seamless travels to all our guests, and now, we are taking the worry out of planning a trip, as they’ll be able to book and enjoy their getaway ahead of time, before paying for their trip through interest-free instalments. We invite travellers to take this opportunity to explore new destinations and Fly Confidently with Malaysia Airlines, as we have put in place extensive health and safety measures on-ground and in-flight so travellers can have a fulfilling journey with Malaysian Hospitality,” said Lau Yin May, Group Chief Marketing and Customer Experience Officer of Malaysia Airlines.
Arvin Singh, Chief Executive Officer and Co-Founder of hoolah said :“We are thrilled to be partnering with MAG in Asia and support their business objectives as we push forward together to accelerate the recovery and growth of the travel and tourism industry. As countries in the region gradually open up their borders, we look forward to making travel more accessible and affordable for travellers, along with the flexibility to pay for their holiday over time.”
MAG is a global aviation organisation comprising three focused business portfolios from airlines, aviation services and E-commerce and travel services businesses. Its current Airlines business portfolio that serves the global, domestic and segmented market comprises Malaysia Airlines – the national carrier of Malaysia, Firefly and MASwings – the regional airlines focused on serving communities across Malaysia, and AMAL by Malaysia Airlines – one-stop pilgrimage travel solutions centre.
MAG also focuses on aviation services business such as maintenance, repair and overhaul (MRO), cargo, ground handling and training that houses MAB Engineering, MASKargo – one-stop cargo logistic and terminal operations service provider, Aerodarat – one-stop ground handling solution provider and MAB Academy – one-stop aviation and hospitality centre of excellence.
Its Journify, the integrated one-stop travel and lifestyle digital platform represents the e-commerce and travel services business portfolio, focusing on providing end-to-end travel solutions, complementing its established strength and expertise in the airline and aviation services businesses.
Launched on March 1, 2018, hoolah empowers shoppers to afford the things they need today responsibly and pay later via 3 interest-free monthly instalments. Active in Singapore, Malaysia, and Hong Kong with over 2,000 merchant partners, it connects merchants with shoppers wherever they are, promising a convenient, seamless and excellent shopping experience for all.