AirAsia was recognised with the Best Payment Strategy Award at the 2016 Corporate Treasurer Awards gala dinner held in Singapore yesterday.

The Corporate Treasurer Awards recognises Asia's best treasury and finance strategies across the entire treasury industry. Under the Best Treasury & Finance Strategies in Asia-Pacific, AirAsia demonstrates its convenient payment operation that provides flexibility for travellers flying with the airline.

AirAsia Group Treasurer, Rozainol Bahari said, "We fly across 27 countries which translates to more than 120 destinations and over 250 routes. As the largest low-cost airline in Asia, we serve all categories of travellers daily - both business and leisure - from all nationalities. Some of our top nationalities include Thais, Chinese, Indonesians, Indians, Filipinos, Australians and Koreans among others.

"Although diverse in cultures, all travellers essentially want the same thing which is a seamless transaction that is also adjustable according to their locales. We focus on personalisation as one of our key drivers and in line with this, we have implemented a structure that offers a host of localised options to ease guests hailing from various countries. We are happy to receive this accolade as it shows that we're on the right track and we will continue to innovate our services to bring greater convenience to passengers across borders."

Through a unique payment system, AirAsia travellers in any part of the world are able to choose not only their preferred language but their preferred medium of exchange and mode of payment as well on the website. This flexibility ensures that guests will have certainty on their total amount of transactions made according to their local currency which spans from US Dollar, Sterling, Euro, Australian Dollar, Japanese Yen, Singapore Dollar, Chinese Renminbi Yuan, Malaysian Ringgit and more.

This recognition marks AirAsia's second win for this year following The Most Influential Airline in China awards at the 2016 New Power of Travel Awards held in early January.

For AirAsia's latest news and activities, visit Twitter (twitter.com/AirAsia) and Facebook (facebook.com/AirAsia)