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KUALA LUMPUR, Jan 27:

AirAsia Bhd plans to go fully cashless for all sales of food, beverages and other items on offer while passengers are flying with the aviation group’s aircraft.

Should any passenger not have plastic or just have cash available, ground and cabin crew will cheerfully offer one of three prepaid cards that AirAsia will be promoting exclusively – once the deal announced to Bursa today is completed.

In its Bursa filing, AirAsia said it is subscribing to a 40% stake in Tune Money Sdn Bhd for RM10 million and also signing a commercial agreement towards the joint-offering of prepaid cards, with Tune Money to obtain the necessary approvals from Bank Negara Malaysia for such issuance.

The three cards planned are EZPay Virtual (a hybrid prepaid Mastercard), EZPay Passport (a multi-currency prepaid Mastercard) and BIG prepaid Visa/Mastercard (a 2-in-1 loyalty and payment card which may have a multi-currency wallet).

It isn’t clear how and if the AirAsia Asean Pass unveiled late last year will relate to this Tune Money proposal.

AirAsia also said in its Bursa filing that it envisages a possible listing for Tune Money in five years if it meets the necessary performance requirements.

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