epayments

Retail Asia05/11/2021

Zion JSC, which owns e-payment service ZaloPay, said it racked up losses exceeding VND840 billion ($36.5 million) in the first nine months this year. Incurring losses of VND667 billion last year, Zion has heavily invested in boosting ZaloPay coverage, competing with other payment intermediaries in recent years. Vietnamese online gaming giant VNG, which holds a […]

Retail Asia25/04/2018

Gaming company Razer aims to take over Southeast Asian virtual gaming credits and e-payment platform MOL Global at a valuation of US$100 million. Razer already holds a nearly 35 per cent stake in the platform. Razer co-founder/chief Tan Min-Liang says the acquisition will enable Razer to take over one of Southeast Asia’s largest e-payment networks, […]

Retail Asia02/01/2018

As part of Thailand’s aspiration to become a cashless society, the country will soon adopt a new nationwide e-payment method using the so-called QR Code familiar to social media users. The Bank of Thailand has approved plans by five commercial banks to introduce the QR Code e-payment service – Kasikornbank, Siam Commercial Bank, Bangkok Bank, […]

Retail Asia23/03/2017

Payment technology firm Invapay has teamed up with World First to allow clients making payments on its platform will be able to take advantage of purportedly favorable exchange rates and faster payments. Invapay has integrated World First’s API into its payments platform, so customers have real-time visibility of exchange rates. Allied to the Cashflow and […]

Retail Asia20/03/2017

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Whether it is paying for groceries, a cup of coffee or a meal in a restaurant, most places provide payment options using the Octopus card, mobile e-wallets and credit cards. The city was one of the first in the world to implement a cashless payment system when it launched the Octopus card in 1997. The […]

Tag: epayments

ZaloPay reports losses of $36.5 mln

Razer aims to take over MOL

Nationwide e-payments to push cashless society goal

Invapay, World First team on cross-border payments

Spoiled for choice for e-payments in Hong Kong