MC Payment launches ‘Moonie’, a newtoken-based wallet app, at Artbox Singapore 2018

Mobile Credit Payment Pte. Ltd (“MC Payment” or the “Company”), an established blockchain and unified payments enabler in Asia Pacific, announced that it launched token-based wallet app, Moonie, for use at Artbox Singapore 2018.

Artbox Singapore, held from 25^th to 27^th May and 1^st to 3^rd June 2018, is Singapore’s largest pop-up creative market. Available for use on both iOS and Android devices, Moonie users will experience seamless transactions, enjoy discounts and earn additional Artbox tokens that can be redeemed at the stalls. Consumers are able to top up their Moonie accounts with Artbox tokens at the event via Artbox’s presenting sponsor.

Commenting on the launch, Mr Anthony Koh, Founder and Chief Executive Officer of MC Payment said, “The launch of Moonie, especially in a high transaction volume environment such as Artbox Singapore 2018, underscores MC Payment’s technological expertise and initiative to build the foundation of a true cashless society in Singapore and the region.

For the past 13 years, MC Payment has been driving efficiency in the Asian Pacific payments landscape. Our recent acquisition of iFashion Group and initiatives such as Moonie build on our core competencies of unifying payment platforms and developing proprietary technologies which provide retailers and consumers access to financial innovations that are being rapidly adopted globally.

Millennials in particular represent a large group of consumers, both online and offline, and are reshaping retail transactions. They are astute, well-informed, technologically savvy and reaching their prime spending years. We are leading this transformation by building advanced payment options and presenting them in an easy-to-use and secure interface.”

Mr. Jeremy Khoo, CEO of iFashion Group added, “We continue to push the boundaries of how technology can become an enabler in the retail industry and in the evolution of payments. With this year’s Artbox, we wanted to explore new and novel ways for consumers to transact with merchants, hence the creation of Moonie. This was our pilot and case study for this vision and we continue to explore more innovative solutions. It is a potentially game-changing mode of transaction, and we hope to rollout more of such innovations to improve the quality of experience for consumers and merchants in Asia.”