 "AirAsia")
AirAsia founder and CEO Tony Fernandes officially unveiled BigPay, the budget airline’s new digital payments platform, at the Money 2020 conference in Singapore today.
BigPay offers a mobile wallet which can store up to 10 credit and debit cards, and has partnered with MasterCard to offer its own top-up cash card that can be used for payments and withdrawals worldwide. Users can view transactions in real-time on the app to keep track of their daily spending.
Fernandes said the driving factor behind AirAsia’s move into fintech was a realization that it could monetize the wealth of “high resolution data” it has collected
