Category

Payment Gateway

Shopback offering cash back on Touch ‘n Go e-Wallet reload

Shopback – the reward base company is now offering the cash back for your Touch ‘n Go e-Wallet reload via their apps. Basically for the cash back rewarding event, there are 2 main categories: For the current Touch ‘n Go user, you will get a RM 3 cash back per calendar month when you top…

GoPayz by U Mobile

U-Mobile is the latest player who joining the E-Wallet game in Malaysia with their new wallet named – GoPayz  Unlike other e-wallet available in the market, GoPayz actually focus on allowing their customer can easily accessing those financial product with a very affordable price. They are creating a new way to insure, invest and exchange…

PayPal to invest $500 million in Uber

Online payments company PayPal Holdings Inc plans to invest $500 million in Uber Technologies Inc as the ride-hailing firm readies to unveil terms for its initial public offering on Friday, Refinitiv IFR reported. PayPal will invest in Uber through a concurrent private placement at the IPO price, IFR reported on Thursday, citing sources. A financial…

Grab partners Maybank to launch mobile wallet in Malaysia

South-East Asian ride-hailing firm Grab is teaming up with Malaysia’s biggest bank, Maybank, to drive adoption of its new mobile wallet. Having received an e-money license from Malaysia’s central bank late last year, Grab is set to roll out its GrabPay mobile wallet in beta in the next few weeks. To drive adoption, the firm…

Digi, CIMB launch mobile payment terminal for Malaysian businesses

Digi Telecommunications has teamed up with CIMB to roll out its wireless payments terminals where Malaysian businesses can accept credit and debit card payments. The devices will allow businesses to receive card-based payments for products and services without the need to be tethered to a physical phone line. The wireless payments terminals allow businesses to accept…

SpherePay receives USD 10 million in funding

SpherePay, the Singapore-based mobile payments app, has raised USD 10 million in funding from unnamed investors. The company said that the names of the investors were not revealed owing to “on-going developments”. According to SpherePay, the latest fundraising along with its collaboration with bike sharing operator oBike will position it as the top three payment…

Payoneer, Waze form new partnership to power local payments for Waze Carpool

Payoneer, a cross-border payments company, has announced that Waze uses its services to power local payments for Waze Carpool. Waze Carpool connects riders and drivers with similar routes to commute together and reduce cars on the road. Unlike transport-for-hire services, Waze Carpool drivers are everyday Wazers and do not earn a salary. Instead, commuters use the new Waze…

Grab and Samsung partner for digital inclusion in Southeast Asia

Grab and Samsung have signed a Memorandum of Understanding (MOU) to help drive digital inclusion in Southeast Asia. The two companies will work together on a wide range of initiatives to bring the benefits of technology, such as enhanced customer experiences and improved income opportunities, to millions of consumers and Grab driver-partners across Southeast Asia. Grab is best…

WeChat Pay starts supporting cards issued outside China

WeChat Pay has started allowing cards issued outside of China to be loaded into their platform, opening up access to international customers. The option will be available to expatriates living in China, as well as in “Greater China”, to residents from Hong Kong, Macau, and Taiwan, and will apply to cards issued by JCB, Mastercard and…

Chinese central bank official says cryptocurrency trade needs to end

Chinese authorities might consider banning centralized trading of virtual currencies as well as individuals and businesses that provide related services, according to CNBC. In a memo outlining details of discussions at a meeting of internet regulators and other policymakers, PBOC Vice Governor said the government would continue to apply pressure to the virtual currency trade…