Payments

HK Fintech Unicorn Airwallex Secures License for Cross Border Payments in Malaysia

Airwallex, a cross border payments company, announced that it has secured a money services business (MSB) license issued by Bank Negara Malaysia. They said, the new license will allow Airwallex to offer modern, streamlined and integrated international payment solutions for

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Soft Space Partners Global Payments to Expand Tap-On-Phone Payments to Taiwan

Global Payments, a global provider of payment technology and software services, announced that it supports the Soft Space Mobile Tap, a new smartphone-based payment acceptance solution for merchants, in Taiwan. Developed by Malaysian fintech Soft Space, the solution provides merchants

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GHL Enables SMEs to Pay Any Suppliers With Credit Cards

GHL Systems has introduced CARDit which is a platform that utilises a consumer’s credit card limit by allowing them to pay via a credit card to payees that traditionally do not accept credit cards. While CARDit is available to both

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Green Packet’s E-Wallet Kiplepay Launches Visa Prepaid Card

Kiplepay, a wholly owned subsidiary of Green Packet, has partnered with Visa to introduce the Kiple Visa Prepaid Card. The partnership, which was first announced in 2020, has rolled out the prepaid card which builds on Kiple’s Wallet-as-a-Service (WaaS) ecosystem.

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HSBC Malaysia Rolls Out Instant Recurring Payment Collection for Businesses via DuitNow

HSBC Malaysia announced that it has launched the DuitNow Request feature for corporates to streamline the collection of repetitive payments from multiple customers. This secure, real time payment feature does away with the need for businesses to constantly follow up

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Malaysia’s National Technology and Innovation Sandbox Admits Its First Fintech jomSETTLE™

jomSETTLE™, a fintech platform developed by Mazer Fintech Sdn. Bhd., announced that it is the first fintech to be admitted into the National Technology & Innovation Sandbox (NTIS) spearheaded by the Ministry of Science, Technology and Innovation Malaysia (MOSTI). The

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WorldRemit Arrives on Malaysian Shores To Offer Its Remittance Service

WorldRemit, a London-based digital cross-border payments company, has officially launched its money transfer services for Malaysian customers via its app and web platform. Customers can now send money from Malaysia, in addition to 50 other countries including the UK and

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Maybank Offers Real-Time Transfers to Cambodia using Central Bank Backed Digital Currency

The National Bank of Cambodia (NBC) and Maybank have jointly launched the Maybank-Bakong Cross Border Funds Transfer, a real-time funds transfer service between Malaysia and Cambodia through the NBC’s Bakong e-wallet and Maybank’s MAE app. Bakong is a retail central

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Merchantrade, NPCI International Join Forces to Offer Real-Time Remittances to India

Merchantrade Asia has partnered with NPCI International, a wholly-owned subsidiary of National Payments Corporation of India (NPCI), to offer real-time remittances to India through the Unified Payments Interface (UPI). UPI is an instant real-time payment system developed by  NPCI to

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Fave Rolls Out DuitNow QR Offering for Its 6 Million Users

Fave, Southeast Asia’s payments app, has emerged as another non-bank participant to offer DuitNow QR, Malaysia’s national QR standard to merchants in the country. This move was made possible through a partnership with the Payments Network Malaysia (PayNet). The introduction

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