Tag "bigpay"

BigPay Pushes Into Thailand With Acquisition of Gojek’s Thai Payment Business

BigPay is accelerating its entrance into Thailand following Airasia’s recent acquisition of Gojek’s Thailand business through its digital arm in a deal worth RM208 million (US$50 million). This move comes ahead of AirAsia‘s plans to launch a super app in

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Here Are All The Digital Banking Contenders in Malaysia (So Far)

Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th July 2021 to include new developments.   With the deadline for Malaysia’s digital banking license application being less than a day away,

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BigPay Enters into Digital Banking Bid with MIDF and Ikhlas Capital

BigPay has officially submitted its application for a digital banking licence to Bank Negara Malaysia. BigPay’s consortium include Malaysian Industrial Development Finance Berhad (MIDF), Ikhlas Capital and a foreign conglomerate with fintech expertise. They said in a statement that each

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GrabPay Excluded in Malaysia’s Latest RM 300 Million E-Wallet Credit Programme

The RM300 million eBelia programme, one of the initiatives announced by the Ministry of Finance (MOF) under Budget 2021, will be offered through four e-wallet service providers namely BigPay, Boost, ShopeePay and TNG eWallet. The list had surprisingly excluded GrabPay.

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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

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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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How Will Virtual Banks Shape the Way Malaysians Bank

As consumers behaviors shift to becoming increasingly digital, the financial services industry is forced to cater to changing nature of its customers. Regulators are also taking notice of the shift and gaps within the system and as a result, started

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BigPay Adds Vietnam and Australia to its Remittance Corridor

BigPay announced today the addition of two more new corridors for its international remittance service — Vietnam and Australia, with China coming soon. This follows their announcement in January of adding India, Nepal and Bangladesh corridors. BigPay said that offering

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BigPay is The Latest to Join PayNet’s Universal DuitNow QR

BigPay,  announced today its participation in the DuitNow eco-system operated by Payments Network Malaysia (PayNet).  BigPay users will soon be able to use DuitNow for instant domestic money transfers. In addition, BigPay customers will be able to use DuitNow QR,

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BigPay Adds India, Nepal and Bangladesh to Its Remittance Service

BigPay just added three new corridors to its international remittance service: India, Nepal and Bangladesh. BigPay’s remittance service was first launched in September 2019, with remittance service available to Singapore, Thailand, Indonesia, and the Philippines. The service enables users to

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