Payments

BigPay Expands Into Singapore as It Gears up for South East Asia

BigPay, Air Asia Group’s fintech focused company, is now available in Singapore which is in line with the fintech’s expansion plan into other South East Asian markets by early 2021. The fast-growing fintech is getting ready to make its mobile

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You Can “Setel” More Than Just Fuel at Petronas With New In-Store Payment Feature

Setel, Petronas’ e-payment solution that enables fuel purchases directly from mobile devices, has expanded its services with the addition of the Deliver2Me feature for in-store cashless payments. Deliver2Me allows Setel users to purchase selected items from participating Kedai Mesra outlets

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Tranglo Enters Myanmar With KBZ Bank Partnership for Remittance

Tranglo, a Malaysian based cross border payment specialist, announced a brand-new partnership with Kanbawza Bank (KBZ Bank) of Myanmar as part of its expansion the country. The collaboration is said to add Myanmar to Tranglo’s global network that includes countries

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Valyou Launches Blockchain-Based Remittance Services in Bangladesh

Valyou, Malaysian digital remittance provider, announced the launch of blockchain-based remittance services in Bangladesh in partnership with Standard Chartered and bKash, a mobile financial service provider, to facilitate instant transfers from Malaysia. The service is powered by blockchain technology from

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Boost Sees 140% Spike in Gross Transaction Value

E-wallet operator Boost said in a media statement that Malaysian consumers have embraced a digital lifestyle and made contactless payments as the key payment method during the Recovery Movement Order (RMCO). This comes as Boost is reporting 140% increase in

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BigPay Sees a 469% Spike in Remittance Transaction Volume

AirAsia Group is increasingly shifting its focus from aviation to its digital businesses as pandemic continues to batter its revenue. During its 2nd quarter financial results announcement, the group reported a 98% decline in year-on-year revenue. On the other hand,

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Adyen Expands Acquiring Capabilities to Malaysia

Adyen, a global payments platform, today announced the expansion of its acquiring capabilities to include Malaysia. They said that this move complements the company’s all-in-one payment platform allowing merchants like Fave, foodpanda and Love, Bonito to get the most out

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Great Eastern Invests US$70M in Axiata Digital — The Largest Fintech Investment in Malaysia Yet

Axiata Digital the digital services arm of telco operator Axiata Group today announced a strategic investment of US$ 70 Million by Great Eastern to boost its fintech business across the region. Leading up this strategic investment, the Axiata Group and

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BigPay Adds Vietnam and Australia to its Remittance Corridor

BigPay announced today the addition of two more new corridors for its international remittance service — Vietnam and Australia, with China coming soon. This follows their announcement in January of adding India, Nepal and Bangladesh corridors. BigPay said that offering

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500 Startups Invests in Recurring Payment Platform Curlec

Curlec announced today that they have secured funding from 500 Startups. The fintech startup which focuses on simplifying recurring payments said that they will be using the fund to further grow their Malaysian operations through product development, strategic initiatives and

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