Merchants

Malaysia sees increased cross-border transactions via Alipay+ and PayNet
5th most popular destination for Chinese, 6th amongst other Asian tourists Enabled 13 international e-wallets & bank apps for seamless travel experience
The Positive Impact of Fintech in Serving the Underserved Community
Ideal solutions that are more accessible, affordable, convenient Boost’s cross-border payment ecosystem brings together the underserved
Bridging the funding gap: Boost empowers thousands of small businesses with their first loans
Shariah-compliant capital by Boost Credit, helps MSMEs access right financing Kongsi Klub lets members earn extra cash while assisting local businesses
Razer Merchant Services obtains Mastercard’s acquiring licence
Razer Merchant Services announced it has attained the Mastercard Direct Acquiring license, Mastercard Digital Enablement Service and Click to Pay feature in Malaysia. 
Be Digital Wise: Choose a preferred partner that helps your business to be unstoppable with unlimited opportunities
Provides simplified access to a full suite of digital business solutions, with financing tools MSMEs gain access to over 10 million Boost users to open up new potential markets
MDEC launches Go-eCommerce Onboarding and Shop Malaysia Online campaigns to spur businesses
Initiatives, under Belanjawan 2021, aim to benefit 300k local businesses Partners will contribute further US$48.1mil in subsidies, incentives, discounts
Fasspay, PayNet, Elokal to accelerate MyDebit acceptance with Tap on Phone solution
Payments Network Malaysia Sdn Bhd (PayNet) has appointed Fass Payment Solutions Sdn Bhd (Fasspay), a subsidiary of Asia’s leading fintech player Soft Space, to be a third-party acquirer (TPA) for MyDebit, the nation’s domestic debit card scheme.
BukuWarung raises funds from angels, graduates from Y-Combinator
Launches digital payments, seeing several millions USD in annualised TPV, Hires leadership team with experience from PayTM, Ovo, Grab, Gojek, Oy, Sampoerna
Week in Review: You know it’s a new world when the regulator – in Singapore – encourages risk
The earth moved twice in Southeast Asia’s e-commerce world this week. Alibaba takes credit for one move, Singapore’s MAS for the other.
KFit to drop e-commerce of Groupon Malaysia, focus on being best sales app
KFit Group aims to be best sales app, via Fave, for local businesses. In talks to very strategic investors to help it build market leading O2O platform.  
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021