Digital Payments Digital Wallet News

EMQ Bolsters Mobile Wallet Capabilities Across Southeast Asia

EMQ Bolsters Mobile Wallet Capabilities Across Southeast Asia

Mobile wallet users in Indonesia will now be able to receive funds instantly from around the world

Global payments network EMQ announced a significant enhancement to its global payment capabilities by enabling real-time payouts to major mobile wallets in Indonesia. This further complements EMQ’s 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 Steven Liu, Global Head of Networks and Expansion, EMQ. “As we continue to expand and optimize our payout network, we are able to provide increased access to the vibrant wallet ecosystems, while helping our customers tap into new markets. We are excited to expand our mobile wallet capabilities in Indonesia.”

Latest Fintech News: In Commercial Payment Market, Fintechs Solve Problems They Themselves Confronted

Powered by EMQ’s real-time payments network, our enhanced mobile wallet payout to Indonesia is now available across all EMQ’s global markets. With one single integration with EMQ Connect API, we enable enterprises and their customers to effectively transfer money to major mobile wallets including Ovo, Dana, LinkAja, ShopeePay, GoPay, Paytren, TrueMoney, IMKas, Astrapay in Indonesia.

“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 added.

Latest Fintech News: Encore Bank Partners with ZSuite Technologies to Leverage Innovative Technology Solutions

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, 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.

Latest Fintech News: Steven Dubner Joins Payrailz as VP of Payment Products

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

CheckAlt Extends, Expands Partnership with Banco Popular Puerto Rico to Provide ATM Reconciliation Services

Fintech News Desk

TCS BaNCS Helps Bitcoin Suisse AG Transform its Core Business

Fintech News Desk

The Timken Company Celebrates 120th Anniversary by Ringing NYSE Closing Bell

Fintech News Desk
1