Sanggaekdaero - My Ally, Hotel Enjoy Sign MOU: "Accommodation Revenue Deposited Next Day"

Sanggaekdaero, My Ally, Matei Sign 3-Party MOU

Representatives from Saenggakdaero, MyAlley, and MateEye are signing a tripartite MOU and taking a commemorative photo.

[Asia Economy Reporter Kim Cheol-hyun] Last-mile delivery brand Saenggakdaero announced on the 3rd that it has signed a tripartite memorandum of understanding (MOU) with MyAlly, co-operator of the 'Maeildream' service, and HotelEnjoy, a lodging reservation platform operated by Matei.

Through this MOU, Saenggakdaero and MyAlly plan to provide the advance payment service of the small business win-win platform 'Maeildream' to lodging businesses listed on HotelEnjoy.

HotelEnjoy is a domestic lodging reservation platform belonging to the first generation of online travel agencies (OTA), operated by Matei, a subsidiary of TheMamma, which runs the grocery shopping app 'MammaMeokja'. Starting with hotel reservation services, it has evolved into a platform offering restaurant reservations, golf reservations, and more. As of last year, its affiliated members include 120 government agencies, over 1,000 companies, and more than 10 million users.

Maeildream is a financial support service aimed at improving the cash flow of small business owners, jointly operated under the strategic partnership between Saenggakdaero and MyAlly. It provides an integrated sales report through an app so that subscribers can easily monitor their sales at a glance, and accelerates the deposit of sales revenue generated from card companies or delivery apps?which usually have a time lag of 3 days to 2 weeks?to the next day, supporting subscribers’ initial business funding and operations.

Free services include sales reports, checking sales cancellation details, preventing sales omissions, and viewing card fee refunds. The advance payment service is available at the industry's lowest commission rates. Since it is not a loan, there is no need to open a new account, and it does not affect credit ratings.

Through this tripartite MOU, lodging businesses listed on HotelEnjoy will find it easier to subscribe to the Maeildream service, and when using the advance payment service, payment fees from guests will be deposited immediately the next day after payment. The key point is shortening the settlement cycle, which previously took several days to weeks, to just one day, thereby facilitating smoother cash flow management for listed businesses.

A Maeildream representative said, "We expect strong synergy by combining MyAlly’s fintech technology, Saenggakdaero’s operational know-how, and Matei’s infrastructure," adding, "Building on this cooperation, we plan to expand the Maeildream advance payment service business to various industries."

This content was produced with the assistance of AI translation services.