Payments
BigPay Hits RM1 Billion Milestone for International Remittance
BigPay announced that it had achieved a new milestone for its international remittance feature. The company said it had achieved RM1 billion in Gross Transaction Value (GTV) for its international remittance feature. BigPay allows users to send money to other countries
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Touch ‘n Go eWallet Can Now Be Used in Mainland China
Touch ‘n Go Group’s TNG Digital has collaborated with Ant Group’s Alipay+ to allow the Touch ‘n Go eWallet to be accepted for payments in Mainland China. The announcement, which was first made at the Singapore Fintech Festival 2022, makes
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Two Malaysian Fintech Founders Win at SFF Global Fintech Awards
Two Malaysian fintech companies’ co-founders and CEOs received the ASEAN FinTech Leaders awards at the recent Singapore Fintech Festival (SFF) Global FinTech Awards 2022. They were Eddy Wong Kok Hoe, Co-Founder, CEO, and Managing Director of VSure Group; and Salim
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Euronet’s REN Payments Platform to Enable the TNG eWallet Visa Prepaid Card
Payments company Euronet has entered a strategic collaboration with TNG Digital to expand the use of its Touch ‘n Go eWallet that serves approximately 18 million users in Malaysia. TNG Digital recently entered a partnership with Visa to develop a
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Australia vs New Zealand Payment Tech & What’s New in 2023
Australia and New Zealand. Two nations so alike, but in other ways so different; an antipodean version of the US and Canada, or England and Ireland. Finance forms one of those key differences, but the differences seen now are likely
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JCB, IDEMIA and Malaysia’s Soft Space to Trial CBDC Acceptance in Tokyo
Japan-based global payments brand JCB has launched a central bank digital currency (CBDC) pilot project in partnership with French identity technologies company IDEMIA and Malaysian digital payments technology provder Soft Space. The project, dubbed the JCB Digital Currency or JCBDC,
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Instapay Partners With Mastercard Roll Out Prepaid Corporate Cards for SMEs
Payments firm Instapay Technologies announced the launch of the Glyd Prepaid Corporate Card for small and mid-size enterprises (SMEs) in partnership with Mastercard. Issued by Instapay, Glyd aims to help small businesses manage their expenses better, enabling them to save
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How Tech Innovation Simplifies Payments and Reduce Risks for Fintechs, Digital Banks
In 2021, over 7.2 billion transactions were made with e-payment channels in Malaysia, a 30% year-on-year increase. This makes it the largest growth spurt since 2006, according to Malaysia Digital Economy Corporation (MDEC). The effects of pandemic-accelerated digitalisation appear to
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How Travel Agents Can Benefit from Tranglo’s Payments Services
After two years of stasis, the pent-up demand to cross international borders again has breathed new life into the travel industry. The UNWTO reported that global international tourist arrivals more than doubled (+130%) in January 2022 compared to 2021, amounting
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Worldline’s Ingenico and GHL’s Paysys Pair Up to Tackle the Malaysian Payment Market
French and Malaysian payment solution providers Ingenico and Paysys have signed an agreement to combine their business strengths to address the Malaysian payment market. Ingenico is part of the Worldline group, while Paysys is a wholly owned subsidiary of GHL
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