Category

Payment Gateway

Send and receive PayPal money with Facebook Messenger

Facebook Messenger is more than just an instant messaging app now; it has transformed into a peer-to-peer  (P2P) payment channel, thanks to the partnership between Facebook and PayPal. Available in the U.S. from October 20, people can send and request money using their PayPal account without leaving the Messenger app. To make a payment, people…

Bitcoin Bubble Burst lets you know in advance if the bitcoin bubble is bursting

From its initial worth of only about USD$0.08 (RM0.33) a unit, the price of bitcoin has risen to an all-time high of over US$10,000. With this rise, more and more people, believers and skeptics alike, are preparing for the inevitable burst of the Bitcoin bubble. If you’ve sworn allegiance to the former camp, then you…

Apple Pay Cash launches to iPhone users in US

Apple Pay Cash has started to be rolled out in the US, allowing iOS users to send payments directly through iMessage. The solution was announced in June 2017, the company adding ahead of iOS’s launch that the feature would be available this fall with an update to iOS 11 and watchOS 4. The new feature allows…

Malaysia’s Wallet Wars Rages On: WeChat Pay Secures First Banking Partner

Following Tencent’s recent success in securing E-Money license from Bank Negara Malaysia, the company’s payments arm WeChat Pay has received the green light from Bank Negara Malaysia to partner up with Hong Leong Bank. Similar to Alipay’s game plan, WeChat Pay will also be initially focused on Chinese tourists visiting Malaysia to gain traction and…

MOLPay, iPay88 to introduce Digi’s vcash e-wallet as payment option

DIGI Telecommunications Sdn Bhd (Digi) has inked agreements to appoint online payment networks MOLPay and iPay88 as partners for its mobile payment service vcash.   Under this agreement, vcash will be made available as a payment option for merchants under MOLPay and iPay88’s online payment gateway networks, enabling customers to transact using vcash with thousands…

Prudential teams up with SFA to offer fintech startups free coverage for a year

TO SUPPORT fintech entrepreneurs in strengthening their safety net and managing risk better, Prudential Singapore (Prudential) is partnering with the Singapore Fintech Association (SFA) to offer its members complimentary Group Personal Accident coverage for a year.   This initiative is targeted at supporting young startups established in Singapore within the last five years. Such companies…

OCBC Bank rolls out biometric authentication app in Malaysia

OCBC Bank, Malaysia-based,  has launched a pioneering business banking mobile app (app), which uses biometric authentication. The app, featuring OCBC OneTouch, leverages on Apples Touch ID technology, allowing Malaysian-registered users of the bank’ s Internet portal called [email protected], to conduct transactions using biometrics.   The Business Mobile Banking app enables iPhone users to perform numerous…

Digi enters the fintech world with ewallet app: vcash

DIGI Telecommunications Sdn Bhd on Nov 9 announced their entry into the fintech space with vcash – a mobile payment application that offers Malaysians an easy, more convenient way to pay, send, request and store money in their smartphones.   vcash is a solution offered by Digi in partnership with Valyou Sdn Bhd, an e-money…

WorldKoins is an app that converts leftover currency into digital eGift cards

A new mobile app called WorldKoins was introduced in collaboration with AirAsia, which fundamentally lets travelers convert their remaining currency to eGift cards and vouchers that can be used to shop online from their smartphones. The service is a six-months pilot program that will end in April 2018 and will be available to all travelers flying onboard selected flights from…

Alibaba to launch online payment platform AliPay in Canada

Alibaba Group has announced that the online payment platform AliPay will officially launch in Canada through a partnership with Snap Pay.   Due to this announcement, Canadian retailers will start accepting Chinese currency from Chinese shoppers this week. More than 450 Canadian merchants are said to already accept AliPay in an unofficial capacity. Chinese consumers visiting Canada will…