Payments

GHL Unveils Financial Supermarket Ambitions with GROW

Payments firm GHL has been gradually shedding from its pure payment play in a series of announcements it has made recently on new services and partnerships. In the 2nd quarter of 2020,  they secured a lending license in Malaysia, Thailand

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Merchantrade Inks Deal With Ant Group to Offer Remittance Services to Alipay Users

Merchantrade, a digital money services business operator and e-money issuer, has entered into a partnership with Alibaba’s Ant Group. The collaboration allows customers of Merchantrade in Malaysia and Singapore to facilitate real-time remittances to Alipay users in China, with funds

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Will QR Payments Mount a Challenge in a World Dominated by Plastic?

There is a quiet war waging in the consumer payments space, and no, it’s not the skirmishes between e-wallet companies trying to “out-cashback” each other. The real struggle is between card payments hunkering down to maintain dominance and QR payments

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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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