Payments

US-Based Remittance Firm UniTeller Partners Tranglo to Expand in 13 APAC Markets

UniTeller, an international remittance payments processor based in the United States, has extended its remittance services to more customers in Asia Pacific by partnering with Malaysian cross-border payments specialist Tranglo. The partnership with Tranglo will allow UniTeller to further expand

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BNM and PayNet Joins Project Nexus for Faster, Cheaper Cross-Border Payments

Bank Negara Malaysia (BNM) and Payments Network Malaysia (PayNet) will be participating in Project Nexus by collaborating with international partners on a proof-of-concept (PoC) to improve the cost and speed of cross-border payments. Project Nexus will explore the feasibility of

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Tranglo Launches New Payment Corridor to Mongolia

Tranglo, a cross-border payment firm, has announced the launch of its brand new payment corridor to Mongolia. The company said in a statement that it will aim to improve the cross-border payment services in Mongolia via a single connection to

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Touch ‘N Go eWallet to Roll Out Prepaid Card With Visa by 2022

Touch ‘n Go has partnered with Visa to develop a prepaid card solution tied to its e-wallet which is expected to be available to users in 2022. The Touch ‘n Go-Visa Prepaid Card will enable the e-wallet to offer additional

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Thai Payments Gateway Omise Rolls Out in Malaysia

Omise, a Thailand-based payments gateway for businesses in Southeast Asia and Japan, announced that it has officially launched in Malaysia as part of the company’s ongoing expansion roadmap across the region. As a registered merchant acquirer regulated by Bank Negara

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ASX-Listed Payments Firm Novatti Acquires Malaysian Fintech ATX for US$7.1 Million

Novatti, an Australian Securities Exchange-listed payments firm, announced that it has acquired Malaysian fintech ATX for AUD 9.5 million (US$7.1 million) according to MarketScreener. ATX’s management team, including the founders who will be filling in as CEO and director for

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GrabPay Enhances Online Payments Security With Biometrics

GrabPay announced that it has recently strengthened its safety and security features designed to protect its users from fraud and security risks. The in-app wallet of superapp Grab has multi-layer security features will enable users to perform real-time digital transactions

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MyMy Partners Mastercard Ahead of Launch in 2022, Raises RM4 Million Funding

Homegrown e-wallet player MyMy announced its partnership for a principal membership from Mastercard to add prepaid physical and virtual cards to their offering. MyMy said in a statement that it is the only Malaysian startup that was able to receive

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Razer Ties up With PayNet to Power Tap-on Phone Services for Merchants

Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has partnered with Payments Network Malaysia (PayNet) to launch the MyDebit Tap-On-Phone (TOP) feature on the RMS Virtual Terminal (RMS VT) mobile application. Through the RMS and PayNet collaboration, merchant

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HSBC Malaysia Has Entered the BNPL Arena with Visa Instalments

HSBC Malaysia has launched Visa Instalments, a new credit option to establish fixed repayment terms for select purchases over a set period of time on e-commerce platforms. The bank said that its Visa cardholders can now instantly select to pay

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