EMQ STRENGTHENS SOUTHEAST ASIA MOBILE WALLET CAPABILITIES

KUALA LUMPUR, Jan 20 (Bernama) -- Global payments network EMQ has announced a significant enhancement to its global payment capabilities by enabling real-time payouts to major mobile wallets in Indonesia, further complementing its ability to provide an integrated suite of payment solutions globally with direct access to one of the most vibrant wallet ecosystems in the region.

“With the booming e-commerce and digital economy in Southeast Asia, enterprises need a payment platform like EMQ that facilitates seamless cross-border payouts in local currencies to meet their customers’ expectations,” said EMQ Global Head of Networks and Expansion, Steven Liu.

“As we continue to expand and optimise our payout network, we are able to provide increased access to the vibrant wallet ecosystems, while helping our customers tap into new markets.

“With our long-standing commitment to Indonesia and Southeast Asia, we will continue to grow our network of strategic partners and explore new ways to expand our payments infrastructure to address the evolving global payment landscape,” Liu said in a statement.

Powered by EMQ’s real-time payments network, the enhanced mobile wallet payout to Indonesia is now available across all EMQ’s global markets.

With one single integration with EMQ Connect API, enterprises and their customers are enabled to effectively transfer money to major mobile wallets including Ovo, Dana, LinkAja, ShopeePay, GoPay, Paytren, TrueMoney, IMKas, Astrapay in Indonesia.

EMQ offers one of the most comprehensive payment networks in the industry as it continues to enhance its product suite with near real-time payments capabilities across Europe, Hong Kong, China, Thailand, Singapore, South Korea, India, Indonesia, Cambodia, Vietnam, Nepal, the Philippines, the United Kingdom, and 19 markets in Africa, with expansion underway in the United States, Canada and Latin America.

The company is currently licensed in Hong Kong, Singapore, Indonesia and registered as a Money Service Business in Canada.

For more information, visit www.emq.com.

-- BERNAMA