Merchantrade Money
Peninsular Malaysia Labour Dept recognises Merchantrade Asia as an Approved Issuer of a Designated Payment Instrument
Trusted by migrant workers with outbound remittance turnover of US$1.8bil in 2023
'First-to-last-mile' digital wage solution ensures strong support at every step for customers
Merchantrade Asia partners Construction Labour Exchange Centre to reach unbanked workers in construction sector
Salary paid into Merchantrade Money Visa Prepaid Card of workers
Timely move in face of Covid-19 restrictions, reduces risk of robbery
Malaysia’s Merchantrade acquires fintech player, Valyou from Telenor Group
Merchantrade becomes Malaysia’s top money services business operator
Primed for regional expansion, follows increase stake in Singapore’s KLIQ
[Ed: Headline corrected to reflect that Valyou is more than an e-wallet provider.]
Merchantrade Asia disrupts itself, eye on banks next
With a million customers and US$3.8bil flowing through its ecosystem, Merchantrade sees a digital future beckoning.