Payments
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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Taiwan’s CTBC Bank Offers Tap-On-Phone Taxi Payments Powered by Soft Space
Taiwan’s CTBC Bank has partnered with Malaysian fintech firm Soft Space to allow its customers to pay their taxi fares through tap-on-phone payments. CTBC Bank’s “Tap to Phone” service leverages Android smartphones with near-field communication (NFC) technology to accept contactless
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Tranglo Opens up New Payout Corridor to the UAE
Cross-border payments firm Tranglo announced that it has opened a new payment corridor to the United Arab Emirates (UAE). This is part of Tranglo’s Middle East expansion programme, which focuses on infrastructural investment and network building to add supplementary channels
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Banks to Heighten Cybersecurity Countermeasures After iPay88’s Breach
Malaysia’s iPay88 revealed in a statement that it had experienced a cybersecurity incident where card data may have been potentially compromised. iPay88 said that upon discovery of the issue, it had immediately initiated an investigation on 31 May 2022 and
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TNG E-Wallet Users Can Refuel at Shell With Contactless RFID Payments
Touch ‘n Go Group and Shell Malaysia has launched a new cashless experience that enables customers to pay for fuels using Touch ‘n Go RFID at 88 Shell stations nationwide. According to Touch ‘n Go, the number of Shell stations
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Apple Pay Makes Its Debut in Malaysia
Apple announced that its customers in Malaysia can now use Apple Pay with their iPhone, Apple Watch, iPad, and Mac. Merchants such as KFC, Maxis, Machines, McDonald’s, Mydin, Pizza Hut, Starbucks, U Mobile, Uniqlo, Village Grocer, and Watsons — and
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BigPay Adds New Remittance Corridors in 38 Countries Across the UK and Europe
BigPay, a Capital A venture company, announced that it has added 38 new countries to its international remittance services. This includes England, Northern Ireland, Scotland, and Wales in the United Kingdom, and 34 countries in Europe, including France, Germany, Italy,
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Payment Managers Are Redefining Their Strategic Priorities for 2022
It is evident that digital acceleration is creating a new payments paradigm as corporate non-cash payments are forecasted to reach US$200 billion transactions by 2025. Shifting global payments priorities are placing new pressures on payments operations. Payments executives are facing
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Touch ‘n Go Partners With PayNet to Launch Cashless Initiative in Kedah
Touch ‘n Go (TNG) Group has partnered with the Payment Network Malaysia (PayNet) to launch the ‘Mai Kita Cashless’ campaign for merchants and consumers at the Pasar Tani Kekal in Changlun, Kedah. They are encouraged to change their business operations
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Indonesia’s DOKU Acquires senangPay in US$7.5 Million Deal
DOKU, an Indonesian electronic payment solutions provider, announced that it has acquired Malaysian online payment gateway senangPay for US$7.5 million by raising the funds needed from Apis Growth Fund II. The acquisition of senangPay marks the beginning of DOKU’s expansion
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