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,…
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…
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…
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…
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…