Payments
Malaysia and Thailand Announces Cross Border QR Payments
Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) today launched a cross-border QR payment linkage between Malaysia and Thailand. Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR
Read More
Visa Teams Up with GHL to Offer Their Answer to the Growing BNPL Trend
GHL Systems has embarked on a partnership with Visa to be the first in ASEAN to introduce Visa Instalments for clients using its eGHL Payment Gateway platform. Visa Instalments turns already approved issuer credit lines into instalment payment options at
Read More
Australian Payments Firm Omipay Picks Tranglo to Power Its Cross Border Payments
Tranglo, a cross-border payment processing hub, announced that it will power the cross-border payments of OmiPay, an Australian mobile payment platform, across its global network. The deal will allow OmiPay to gain access to Tranglo’s local payment distribution channels, especially
Read More
GHL Enables GrabPay E-Wallet Acceptance Across Shell Petrol Stations Nationwide
Payments firm GHL Systems has now enabled GrabPay e-wallet acceptance at Shell petrol stations nationwide in Malaysia in a bid to further expand its cashless offerings. As Grab evolves to become an app that addresses the daily needs of its
Read More
India’s Pine Labs Acquires Fave for RM185 Million with Plans to Roll Out In India
Payments platform Fave has been acquired today by Pine Labs, an Asian commerce platforms in a deal valued over US$ 45 million (RM 185 million). With this acquisition, Indian consumers will be able to use Fave app later this year
Read More
PayNet Appoints Soft Space’s FassPay as Third Party Acquirer
PayNet, the national payments network and shared central infrastructure for Malaysia’s financial markets, has appointed FassPay, a subsidiary Soft Space, to be a third-party acquirer (TPA) for MyDebit, the nation’s domestic debit card scheme. This appointment allows Fasspay to acquire
Read More
Ripple Acquires 40% Stake Cross Border Payment Specialist Tranglo
Ripple, announced that it has agreed to acquire 40% of cross-border payments specialist Tranglo. This partnership will allow Ripple to meet growing customer demand in the region and expand the reach of On-Demand Liquidity (ODL), which uses the digital asset
Read More
Boost Now Supports DuitNow QR Payments
Homegrown e-wallet Boost announced that it is now part of the PayNet Real Time Retail Payment Platform (RPP) and will adopt DuitNow QR, effective today. DuitNow QR is Malaysia’s national QR code standard established by Payments Network Malaysia (PayNet) under
Read More
GHL Partners Split to Offer Buy Now Pay Later to its Merchants
Payments firm GHL announced today they will be piloting a Buy Now Pay Later (BNPL) service for its merchants in Malaysia through a partnership with Split, a homegrown BNPL firm that has processed RM 10 million in transactions Consumers can
Read More
BigPay Introduces Cash Top Up in All 7-Eleven Stores Across Malaysia
Digital banking aspirant BigPay announced that it is expanding its range of financial services with the launch of cash top up at all 7-Eleven stores across Malaysia. They said that over 1.3 million of BigPay’s Malaysian users can now top
Read More