MOL Global Pte Ltd has agreed with Sultan Ibrahim of Johor for him to acquire a 15% stake in its wholly owned operating subsidiary, MOL AccessPortal Sdn Bhd for a cash consideration of US$120 million.
E-commerce payment management services provider CyberSource, a Visa company, has announced a partnership with Thai online payment service provider PaysBuy.
PT. MOL AccessPortal (MOL Indonesia), has announced a strategic partnership with one of Indonesia’s leading retailers, PT. Sumber Alfaria Trijaya Tbk, to sell MOLPoints online game vouchers in the latter’s Alfamart and Alfamidi outlets.
MOL AccessPortal (MOL Indonesia), a subsidiary of MOL Global Pte Ltd, has acquired AyoPay, a leading payment service provider in Indonesia specializing in online game credits.
MasterCard has announced record growth of its contactless payments technology, MasterCard PayPass, across the Asia Pacific, Middle East and Africa (APMEA) region in 2012, citing a 28% year-on-year (YoY) increase in merchant locations.
GHL Systems Berhad announced that its subsidiary GHL (Thailand) Co Ltd was recently appointed to manage an end-to-end mobile solution by Thailand Post Co Ltd.