Payments

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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GHL Rolls Out QR Payments Through LINE Messaging App in Thailand

Payment service company GHL Systems (GHL) has launched the “GHL QR Payment”, an all-in-one QR code payment channel in Thailand for merchants to easily receive payment. This combines multiple QR code and e-wallet providers on a single payment platform which

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ACI Identifies Malaysia as The World’s Top 5 Fastest Growing Real Time Payments Market

Malaysia has emerged as one of the most sophisticated real-time markets in the world, according to the third edition of the “Prime-Time for Real Time 2022” report. The report was published by ACI Worldwide, in partnership with GlobalData, a data

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BigPay Rolls Out Cash Pickup Services in Indonesia and the Philippines

BigPay, a Capital A venture company, announced the launch of its Cash Pickup services in Indonesia and the Philippines, as an added feature to its existing remittance feature. The Cash Pickup feature is available to all BigPay users in Malaysia

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Razer Fintech Acquires Indonesian Digital Payments Firm E2Pay

Razer Fintech, the financial technology arm of Razer, announced the acquisition of PT E2Pay Global Utama (E2Pay), an Indonesian B2B2C digital payment facilitators and e-money player. Founded in 2012, E2Pay provides a breadth of payment solutions to merchants and financial

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Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave

In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asia’s 2020

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RHB Ties up With MPay to Offer QR Payments for Businesses

RHB Banking Group has established an affiliate partnership with ManagePay Services (MPay) to provide contactless payments for businesses This partnership leverages on Application Programming Interface (API) to enable the bank’s micro, small and medium enterprises (MSMEs) and corporate customers to

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BigPay Rolls Out DuitNow Offerings for Its Malaysian Users

BigPay, a Capital A venture company and digital bank aspirant, announced that it has rolled out DuitNow offerings for its users nationwide. With this move, BigPay’s users now have access to DuitNow QR and DuitNow Transfer for all payments. In

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Razer Merchant Services Taps Alipay+ to Expand Its Merchant Offerings in Malaysia

Razer Merchant Services (RMS), the B2B arm of Razer Fintech, announced the integration of Ant Group’s Alipay+ solutions for more than 60,000 online and offline merchant touchpoints across Malaysia to expand its merchant offerings. Introduced in 2020, the Alipay+ solutions

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Airwallex Officially Launches Its Payments Operations in Malaysia

Airwallex, a cross border payments company, announced the launch of its cross-border payment services in Malaysia today. The company had managed to secure a money services business license from Bank Negara Malaysia in August last year. Initially, qualified Malaysian businesses

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