AsiaPay partners My Menu to improve digital dining experience
AsiaPay has partnered My Menu to improve the digital dining experience for restaurants and hotels across Asia.
The partnership is designed to transform payment processing and guest interactions in the hospitality sector.
It offers an integrated solution that combines AsiaPay's secure payment processing with an innovative digital ordering system from My Menu.
This development comes as the hospitality sector increasingly adopts digital methods to streamline operations and enhance customer service.
AsiaPay CEO Joseph Chan stated: "Our mission has always been to provide businesses with innovative integrated and secure digital payment solution. Partnering with My Menu allows us to extend this capability to the hospitality industry that readily enhances both operational efficiency and guest satisfaction."
With the integration of My Menu's interactive digital menus, guests can effortlessly browse menus, place orders and complete payments using their mobile devices, all within a single digital platform provided by AsiaPay.
The integration also enables secure transactions, increased revenue potential through smart upselling, and improved operational efficiency by automating order-taking and payment processing.
My Menu CEO and founder Abhishek Bose added: "This partnership is a game-changer for hotels and restaurants catering to the growing [number of] Asian traveller[s].
'With AsiaPay's expertise in digital payments, we are able to offer guests the freedom to use their local digital wallets such as AliPay, GCash, LinePay, GrabPay and numerous other local wallets, ensuring your guests experience seamless frictionless online payments, just like what they are used to at home."
Established in 2000 and based in Hong Kong, AsiaPay provides expert e-payment solutions and local support through its 17 offices across Asia Pacific: Australia, Cambodia, China, India, Indonesia, Malaysia, the Philippines, Singapore, Taiwan, Thailand and Vietnam.
My Menu, which debuted in 2018, is now a worldwide digital menu platform, with adoption in more than 4,200 restaurants and 500 hotels across 70 countries.
"AsiaPay partners My Menu to improve digital dining experience" was originally created and published by Verdict Food Service, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 hours ago
- Yahoo
Gold Slips Despite Rising Global Tensions
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets— and may continue to in the future. Gold prices have slipped throughout the last five trading days, positioning the yellow metal for its first weekly loss in nearly a month. Gold posted its first weekly loss in nearly a month, despite rising geopolitical risks. The Fed held rates steady but signaled two cuts are still expected this year. Retail Sales data came in soft, and equities struggled across the board. A stronger US Dollar may be capping gold's rally amid global uncertainty. Since tracking back below $3400/oz shortly after the Sunday night opens, gold's trading path this week has been steadily, but not rapidly, down and to the right. A loss week-over-week in gold spot prices (the first in three) is not what we would have expected given the geopolitical developments of recent days, but it's very much the story of this week, so let's talk about it. Without wanting to be at all sensationalist, it is possible that the world is slipping towards another, much larger and much more volatile escalation of war in the Middle East with the direct participation of the United States. There are few other events—if when they're only 'possible'—that should have a more direct risk-off impact on global markets, pushing investors into the prime safe havens like gold. And yet, the yellow metal has steadily fallen back this week. Eventually, gold discovered support in the neighborhood of $3370, although Friday's Asian sessions did see the metal dip briefly as low as $3345. On Wednesday, the FOMC announced (as expected) no changes to monetary policy following their June meeting but reiterated that the committee still expects to make two cuts this year. This probably nets out as neutral for gold (lower rates not yet, but still planned), but if you had to tip the hand one way or the other, you might expect prices to step slightly higher. At the same time, the quarterly update to the Fed's economic projections indicates the central bankers now expect weaker growth in the US economy in the near-to-medium term. This, too, should be a basic risk-off signal and would be reasonable to expect as a tailwind for gold. There have been other, softer data points this week that we would have projected to make traders more risk-averse, to the benefit of the gold prices. Monday's Retail Sales data came in below already-muted expectations, and all three major US stock indexes have struggled this week, primarily under the clouds of war. Still, gold spot is all but certain to close out this week in the red. There are two possible reasons for this at the top of our minds currently. To be sure, the US Dollar has enjoyed greater safe-haven interest from traders and investors this week, and aside from that dynamic, just the fact of an appreciating Dollar typically pushes down on gold. But what may also be a factor here, after nearly two full quarters of record-breaking gains, is that the 2025 gold rally has fully extended itself, and even the threat of the globe's only remaining 20th Century superpower entering a war isn't adding enough gas to the conflagration to move spot prices towards $3500. For now, the absent upward momentum is not being translated to downward pressure, but if gold doesn't find new legs soon, we may see a more aggressive pace of liquidations as investors sell off richer positions in gold to balance out losses on equities and elsewhere if the global state of play remains on high alert or deteriorates further. In the meantime, traders, I hope you can get out and safely enjoy your weekend for the next couple of days. After that, I'll see you back here next week for another market recap.
Yahoo
12 hours ago
- Yahoo
Why AI Stock Astera Labs Was Crushing It This Week
The company has found an appropriate partner to help it win more AI-related business. It's teaming up with a specialty chipmaker based in Asia. 10 stocks we like better than Astera Labs › According to data compiled by S&P Global Market Intelligence, Astera Labs (NASDAQ: ALAB) stock's price was floating almost 11% higher week to date on early Friday morning. Investors were mainly reacting to news the tech infrastructure company reported about a new business tie-up with an Asian peer. On Monday, Astera and Taiwanese chipmaker AIChip Technologies announced in a joint press release that they have formed a strategic business partnership. Together, the two will aim to exploit opportunities afforded by sky-high demand for artificial intelligence (AI) functionalities. AIChip, which specializes in application-specific integrated circuit (ASIC) chips, and Astera are teaming up to offer "validated, interoperable solutions for hyperscalers building next-generation AI infrastructure," according to the press release. As the name suggests, a hyperscaler is essentially an extremely large data center. These are in vogue now due to the heavy resource requirements of AI. Astera and AIChip offered almost no details about their new partnership, including its financial parameters. Given that, it's tough to gauge how this collaboration might affect their fundamentals. Judging by the market's reaction, though, investors don't seem to mind -- teaming up on projects has clear potential to benefit both companies. I think AI companies like Astera are in the midst of a gold rush. I'd absolutely consider buying the stock. Before you buy stock in Astera Labs, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Astera Labs wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why AI Stock Astera Labs Was Crushing It This Week was originally published by The Motley Fool Sign in to access your portfolio

Miami Herald
16 hours ago
- Miami Herald
South Korea says defense spending ‘very high' compared to U.S. allies
SEOUL, June 20 (UPI) -- South Korea's Defense Ministry said Friday that its defense spending as a share of gross domestic product is already "very high" compared to other U.S. allies, as Washington calls for NATO members and Asian countries to increase their military budgets. "Among major U.S. allies of the United States, South Korea has a very high ratio of defense spending to GDP," the ministry said in a message to reporters. "We have continuously increased our defense budget in consideration of the serious security situation, including North Korea's nuclear and missile threats." "South Korea will continue to make efforts to secure the capabilities and posture necessary for the defense of the Korean Peninsula and peace and stability in the region," the ministry added. In 2024, South Korea spent $47.6 billion, or 2.6% of GDP, on defense, according to data from the Stockholm International Peace Research Institute. That share is higher than Britain's 2.3%, France's 2.1%, Germany's 1.9% and Japan's 1.4%. Seoul's statement suggested concerns over remarks by U.S. Defense Secretary Pete Hegseth earlier this week calling for a "new standard" for allies in NATO and Asia to spend 5% of GDP on defense. "We expect NATO allies to commit to spending 5% of GDP on defense or defense-related investment," Hegseth said at a Senate Armed Services Committee hearing on Wednesday. "We now have a new standard for ally defense spending that all of our allies around the world, including in Asia, should move to," Hegseth said. "It's only fair that our allies and partners do their part. We cannot want their security more than they do." Hegseth also called for Asian countries to increase their spending in remarks at a defense forum in Singapore last month. "It doesn't make sense for countries in Europe to [spend 5% of GDP] while key allies in Asia spend less on defense in the face of an even more formidable threat, not to mention North Korea," he said at the annual Shangri-La Dialogue. The defense spending issue looks to be a potentially contentious topic at next week's NATO Summit in The Hague. NATO countries committed to a goal of 2% of GDP in 2014, which two-thirds have reached, but U.S. President Donald Trump has long called for an increase and has been demanding the 5% figure since his reelection. NATO Secretary General Mark Rutte said last week he expected the allies to agree to the 5% target. "It will be a NATO-wide commitment and a defining moment for the alliance," he said in a speech at Chatham House in London. However, Spanish Prime Minister Pedro Sanchez pushed back on the proposal, which must be agreed to unanimously, in a letter to Rutte this week. "For Spain, committing to a 5% target would not only be unreasonable, but also counterproductive," Sanchez wrote Thursday, according to El Pais. "It would move Spain away from optimal spending and would hinder the EU's efforts to strengthen its security and defense ecosystem." South Korea's newly elected President Lee Jae Myung has not confirmed whether he will attend the NATO Summit, which will be held on June 24-25. His office had anticipated a meeting with Trump on the sidelines of last week's Group of Seven meeting to discuss tariffs and defense cost-sharing issues, but the U.S. president departed early. Copyright 2025 UPI News Corporation. All Rights Reserved.