Payments
Malaysia’s First JCB Payment Gateway Launched via Soft Space Partnership
Malaysian fintech Soft Space and Japanese payments firm JCB International have launched the nation’s first JCB payment gateway. This development is part of an ongoing strategic alliance between the two companies, initiated in January 2022. The collaboration has previously seen
Read MoreTranglo Enables Direct Payments to Over 30 Global E-Wallets
Cross-border payment hub Tranglo has expanded its services to allow instant, direct cross-border payments to over 30 e-wallets worldwide. This development aims to streamline the process of cross-border payments by bypassing intermediaries, facilitating quicker access to funds for recipients, particularly
Read MoreTouch ‘n Go eWallet to Charge 1% Fee for Overseas QR Payments
Touch ‘n Go eWallet will implement a 1% conversion fee for overseas transactions starting 25 April 2024, according to its recently updated FAQ page. This new charge will be integrated into the daily exchange rate for the user’s travel destination,
Read MoreAnt International Partnership to Boost Digital Growth for Capital A’s Businesses
Ant International has teamed up with Capital A, the parent company of AirAsia, to initiate a strategic partnership aimed at revamping digital payments, financial technologies, and promoting sustainability. This collaboration will see the integration of local payment methods and the
Read MoreSoft Space Secures Pre-series C Funding From Japan’s GMO Financial Gate
Malaysian fintech Soft Space has secured an investment from GMO Financial Gate, Inc. (GMO-FG), a major player in Japan’s payment processing industry, for its pre-Series C funding round. Financial details of the investment were not revealed. The collaboration aims to broaden
Read MoreGXBank Now Offers DuitNow QR Payments
Malaysia’s first digital bank, GXBank, has broadened its offerings by introducing QR code payments. Customers can now use DuitNow QR codes for a variety of transactions, including money transfers between friends and family by scanning QR codes. Additionally, GXBank enables
Read MoreOvercoming Recurring Billing Challenges: A Case Study on Advanced Payment Solutions
The digital payment landscape in Malaysia is evolving rapidly, but many businesses, such as insurance companies, property management firms, and micro-lending companies, still grapple with recurring billing and subscription collection challenges. These issues often stem from customer behaviours and lead
Read MorePayNet Rolls Out Cashless Payments at 46 Bazaar Ramadhan Nationwide
Payments Network Malaysia Sdn Bhd (PayNet) is gearing up to introduce its Cashless Bazaar Ramadhan campaign, aimed at fostering the adoption of cashless payments among MSMEs in seven states throughout Malaysia. This initiative, designed to make cashless transactions the go-to
Read MoreRazer Fintech and Razer Merchant Services Rebrands as Fiuu
Razer Fintech, the financial technology arm of Razer Inc., together with its B2B payments unit, Razer Merchant Services (RMS), announced a rebranding initiative today. The company unveils a new single name, logo, and identity as Fiuu, in a statement, they
Read MoreOver 100,000 Malaysians Signed up for GXBank’s Physical Debit Cards in 2 Weeks
Malaysia’s first digital bank, GXBank, announced that it has surpassed 100,000 debit card users, just two weeks after launching its physical cards. This milestone builds on the bank’s rapid growth since its public launch in November 2023, when it also
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