Japan’s NTT Data sees its acquisition of a majority stake in Kuala Lumpur-based regional online payment systems provider iPay88 Sdn Bhd as marking its serious entry into South-East Asia, while it would be “business as usual” for the Malaysian company.
Online payment systems provider iPay88 has seen its Malaysian operations acquired by Japan’s NTT Data Corp. According to observers, the acquisition puts the Malaysian tech ecosystem on the radar of global players.
A pain point they were experiencing led Lavinie Thiruchelvam and Tay Shan Li to launch e-commerce site babydash.com.my in 2011. Karamjit Singh has the story.
Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected]
Approval committee dictates pricing terms for company to be accorded MSC status Regional payment gateway player now considering further investments in ‘friendlier’ regimes
Shopify has launched in Malaysia, allowing entrepreneurs here to set up an online store with ease and confidence, even if they lack technical knowledge.
The July DNA-TeAM Disrupt panel session on e-commerce in Malaysia saw even arch-nemeses agreeing with each other as they discussed the market potential and challenges that lay ahead.
The upcoming DNA-TeAM Disrupt on e-commerce is shaping up to be an exciting affair, with the inclusion of two more panellists: Mohd Suhail Amar Suresh Abdullah, executive vice president and head of Virtual Banking & Payments, Maybank Bhd and Lim Kok Hing, founder of online payment systems provider iPay88
Closer cooperation between industry regulator MCMC, the police and the central bank, Bank Negara, sees a big dip in phishing attacks in Malaysia.
The free ride – make that ‘tax-free ride’ – that e-commerce players in Malaysia have enjoyed since the beginnings of the industry in the country circa 1997, is about to come to an end.