Singapore-based payment solution provider AXS has entered into a strategic partnership with Triple-A, a global institution specializing in digital currency payments. The collaboration is set to revolutionize bill payments by introducing the option to settle bills using digital currencies.
AXS, renowned for its Electronic Service Delivery Network (ESDN), offers users a diverse array of payment channels, including over 650 AXS Stations across Singapore, website payments via AXS e-Station, and the mobile app AXS m-Station. This partnership is designed to enhance AXS users’ payment experience by expanding payment options and increasing convenience.
Triple-A, recognized for its proficiency in digital, stablecoin, and blockchain-led payments since 2017, aims to transform global businesses by improving cross-border payments, optimizing treasury management, reducing costs, and increasing revenues.
As a result of the collaboration, users of AXS m-Station will have the capability to make payments using digital currencies such as Bitcoin (BTC), Ether (ETH), Tether (USDT), and USD Coin (USDC). This move aligns with the broader trend of embracing digital currencies as a means of transaction and reflects the evolving preferences of users.
The official press release emphasizes that both Triple-A and AXS prioritize a secure and user-friendly payment experience while adhering to regulatory compliance standards. AXS joins a growing list of merchants, payment service providers, and fintech companies collaborating with Triple-A to facilitate digital currency payments.
According to Triple-A’s official statement, this partnership aims to provide AXS users with convenient alternatives for bill payments. Moreover, by accepting digital currencies, AXS anticipates reduced processing times and fees, offering a more streamlined financial experience to its diverse user base.
Triple-A, licensed by the Monetary Authority of Singapore (MAS) and trusted by over 20,000 businesses, continues to strengthen its presence in the digital currency payment landscape. Notable previous partnerships include collaborations with Paycorp in January 2024 for cash withdrawals in South Africa and STX Corporation in December 2023 for digital currency payments on the TROLLYGO platform. The ongoing expansion of partnerships positions Triple-A as a key player in the evolving digital payments ecosystem.
