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How Antom Helps Merchants Thrive in Southeast Asia and Beyond

Fintech News

Merchants must cater to diverse consumer preferences, including local digital wallets like DANA, Touch n Go eWallet, and TrueMoney, while navigating currency, tax, and regulatory complexities. However, the payment landscape in SEA is highly fragmented.

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Visa, SiriusXM Pair On In-Car eWallets

PYMNTS

In 2017, Sirius acquired consumer and enterprise-connected vehicle services company Automatic — which creates connected-car OBD-II ports, adapters and related apps for iOS and Android — for $100 million. So, it makes sense that other companies want to get in on the action.

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Paynetics Agrees To Acquire Some Wirecard UK, Ireland Assets

PYMNTS

Bulgaria's Paynetics said it has agreed to acquire “some of” the England and Ireland assets of disgraced Wirecard, according to an announcement on its website. Paynetics also said it has appointed Mike Peplow chief executive of its U.K.

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Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake In China’s GoPay

PYMNTS

In today’s top news, Facebook is developing its own operating system to increase its independence, and PayPal is acquiring a 70 percent stake in China’s GoPay, making it the first foreign online-only payments platform to be licensed in China. Also, Ant Financial buys a stake in Vietnamese eWallet eMonkey. PayPal Now Holds 70 Pct.

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MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers

PYMNTS

Digital Financial Services is a partnership between Etisalat and Noor Bank , which was acquired earlier this year by the Dubai Islamic Bank. eWallet is regulated and licensed by the Central Bank of the UAE and works to offer electronic payments through a mobile app, the release states. .

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FinTech-As-A-Service Eyes Global Payments Simplification Makeover

PYMNTS

At present, with multi-currency support across 65 holding currencies and 170 payout currencies, Rapyd’s fund collection offerings include cards, cash (which the CEO noted is “still king” in many countries), bank transfers and local eWallets. Fund disbursements include push-to-card and local eWallet options.

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 Visa B2B Connect Goes Global

PYMNTS

The Payswiff SET lets individuals and business owners accept payments across a range of options, spanning credit and debit cards, eWallets, ePayment links and Bharat QR. Those options span vouchers, eWallets, as well as online and offline banking. It has also linked with MoneyNetInt on cross-border payment processing in the U.S.

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