Able to integrate and accept all cards and e-payment transactions in a single device.
E-wallet app aims to acquire as many as 100,000 merchants by the end of 2018.
Vikas Agrawal brings two decades of experience from senior engineering roles at startups.
Singapore-based fintech startup Jewel Paymentech secured over US$1 million in a Series A round led by Tuas Capital Partners.
Maybank has teamed up with Sage Software to offer a free digital banking solution for SMEs that would enable them to undertake instant electronic payments via online and mobile banking channels directly from their accounting and payroll modules.
After a series of acquisitions over the past few years, as well as the ‘financial data errors’ incident which saw a delay in its reporting, MOL Global will have a smaller appetite for mergers and acquisitions in 2015.
Digital payments technology provider Soft Space International Sdn Bhd announced that Maybank Bhd and Maxis Bhd have agreed to a partnership that will see the mega-corporations using the startup’s mPOS (mobile point-of-sale) technology.
First Data, which provides payments technology for the financial services industry, and payment service provider GlobalCollect have announced the extension of an alliance that they said would help customers expand into Asia’s rapidly growing e-commerce markets of Singapore, Malaysia and Hong Kong.
MOL Global Inc, an e-payments company based in Malaysia, continued to face the backlash of disappointed investors as its share price plunged more than 80% from the opening price on its Nasdaq debut on Oct 9, 2014.
The payments market has ensconced players and may be facing stiff competition from deep-pocketed foreign companies eyeing the South-East Asian region, but there are still opportunities aplenty for the enterprising startup, said the two panellists at the DNA-TeAM Disrupt discussion on ‘Pay to Play.’