Payments
Stripe Teams up with PayNet and Launches in Malaysia
Today, Stripe, a global technology company that builds economic infrastructure for the internet, announced its official launch in Malaysia. It also announced a partnership with Payments Network Malaysia Sdn Bhd (PayNet) to make FPX available to businesses in the country.
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What is The Role of Fintech in Asia’s Growing Remittance Market?
In 2018, a record high of US$ 689 billion worth of remittance was made and US$ 529 billion of which were sent to low and middle-income countries. ASEAN, in particular, is a burgeoning region that is capturing the interest of
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BigPay Announces the Launch of Remittance Services
BigPay, Air Asia Group’s fintech focused company announced today the launch of their international remittance service, which enables users to send money directly from Malaysia to bank accounts in Singapore, Thailand, Indonesia, and the Philippines, with no hidden fees and
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70% of Malaysians Prefer to Visit Shops that Accept Digital Payments, Visa Study Says
Digital payments are becoming the payment method of choice in Malaysia, with 70 percent of consumers preferring to visit merchants that accept digital payments compared to those that only accept cash, according to the Visa Consumer Payment Attitudes Study 2018.
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kiplePark to Enable Cashless Parking Using Only Your Car Plate Number
kiplePark, a wholly-owned brand of Green Packet Berhad, announced the launch of their license plate recognition (LPR) technology which they to be the first in Malaysia. The kiplePark LPR is a system where users only need to register their car
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XOX Mobile To Launch Mastercard Enabled E-Wallet Soon
XOX Mobile an MNVO operator is the latest in the long line of companies joining the e-wallet game in Malaysia. XOX Mobile’s CEO, Ng Kok Heng told local media that they are eyeing to capture 10% of the market within
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JomParking Enables GrabPay as Payment Option
Jom Parking a startup that enables digital payments for on-street parking has announced that their app now supports GrabPay as a payment option. This is in addition to existing methods like online banking, debit card and credit cards. According to
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Selangor Launches All-in-One Digital Payments Platform CEpat
The Selangor government announced today the launch of a digital payments platform dubbed Citizens Electronic Payments Platform (CEpat). CEpat is intended to be a single platform in which citizens can make payments to all government agencies at various levels of the
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MyPay Launches its Government Digital Payments Platform
Home-grown tech company Dapat Vista announced the official launch of its government e-payments service, MyPay. They first announced their foray into the market in January 2019 when they launched the beta version of their service, the company started out as
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TNG Digital Appoints Ex-Malaysia Airlines Veteran as Its New CEO
TNG Digital a Malaysian e-wallet formed as a result of a joint-venture between Touch ‘n Go and Ant Financial Group, announced today that it has appointed Ignatius Ong as its new Chief Executive Officer (CEO). Ignatius succeeds Syahrunizam Samsudin, who
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