Aleta Planet powers cashless payments for Muslim merchants in Southeast Asia

Singapore-based FinTech Aleta Planet has launched MPLUS Aleta, a digital payment app designed to meet the specific financial needs of Muslim communities across Southeast Asia, where many small and medium-sized businesses still rely heavily on cash and credit card transactions.

The app was first introduced at Singapore’s oldest Ramadan Bazaar in Geylang Serai this February. Participating merchants benefited from zero transaction fees, instant onboarding — with payments accepted within 24 hours — and secure, seamless digital transactions.