iPay88 To Become TGI’s Exclusive Payment Gateway Partner For its Proprietary App, ZCITY
Treasure Global Inc, an innovative e-commerce platform providing seamless payment solutions and rewards programs, announced that it has signed a Memorandum of Understanding with iPay88 Holding Sdn Bhd (“iPay88”), a leading payment company that offers e-commerce, retail, online banking, e-wallets solutions and more to its merchants in South-East Asia, to become TGI’s exclusive payment gateway partner for its proprietary ZCITY App (“ZCITY”), as well as a partner for TGI’s digital food and beverage (“F&B”) management platform, Tazte.
Under the terms of the agreement, iPay88 will provide e-commerce and retail payment solutions for ZCITY, not only in Malaysia but also additional South-East Asian countries including Indonesia, Thailand and the Philippines, supporting ZCITY’s future regional expansion. iPay88 also offers features such as recurring payment solutions and “buy now pay later” which the Company has the opportunity to leverage in the future.
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In addition, partnering with iPay88 provides access to its large F&B merchant list. As part of the agreement, iPay88 will promote Tazte as one of its exclusive collaboration partners prompting F&B merchants to sign up for Tazte as their Manage Software as a Service Solution.
“Partnering with iPay88, the leading payment gateway provider in South-East Asia, is an important milestone for TGI as we execute upon our regional expansion strategy for our ZCITY and Tazte apps. iPay88 not only has access to much of South-East Asia, they also have an impressive brand presence and recognition that TGI is thrilled to align with. Achieving strategic partnerships like this one is critical for TGI to accelerate the onboarding of users and merchants, as well as continue to build our credibility in Malaysia and throughout South-East Asia. We look forward to establishing a strong relationship with iPay88 and exploring additional collaborations in the future,” said Sam Teo, Chief Executive Officer of TGI.
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“iPay88 recognizes the benefits that TGI’s ZCITY and Tazte platforms provide by simplifying and streamlining payment solutions and digital systems for our users. We’re excited to start a long relationship with TGI that is mutually beneficial to our user bases,” said Lim Kok Hing, Chief Executive Officer of iPay88.
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