OxPay Financial Limited announced its partnership with Atome, Asia's leading buy now pay later platform, to expand and accelerate flexible deferred payments acceptance across thousands of merchants in Asia. Both companies are excited at the opportunity to capitalise on the natural synergies between their respective payment platforms. OxPay expects the increased flexibility in their payment offerings to garner support from consumers and see an uplift in both customer adoption and average spend. In return, Atome is poised to benefit from its exposure to OxPay's extensive business network.

Atome is currently available in 10 markets in Asia, and partners over 15,000 retailers to offer a range of flexible deferred payments options, both online and offline. Key retail partners include Sephora, Agoda, ZALORA, SHEIN, Zara, Lazada, H&M, Nike, adidas and Charles & Keith. OxPay has launched Atome in collaboration with merchants in Malaysia such as Jal Yoga Malaysia, OMG Optical House and Andro Medical.

In the coming months, the Group plans to roll out the service in Singapore and Thailand. OxPay sees potential in Atome's customer- centric business model and is targeting major brands, on top of existing merchants such as Estee Lauder and Al-Futtaim Group, in preparation for its Singapore debut.