Banking Fintech News

Allied Wallet Asia and Founder Andy Khawaja Announce New Asia Headquarters

Allied Wallet Asia and Founder Andy Khawaja Announce New Asia Headquarters

Allied Wallet Asia, an Asia-based division of Allied Wallet providing online payment processing, and Founder Andy Khawaja proudly announced the grand opening of a new Asian headquarters to serve the growing demand in Malaysia and Indonesia.

E-commerce is growing swiftly on a global level. The Malaysian e-commerce market of €1.1 Billion is expected to double by 2020. Indonesia already has about 31.65 million users and this number is projected to double to 54.05 million by 2022.

Read More: Credorax Partners With Raisin to Offer Exclusive Banking Products to German Market

Allied Wallet is proudly announcing a new Asian headquarters to serve the 31.83 million Malaysian population and the 264 million Indonesian population as well as surrounding countries.

“93% of 16-24 year olds log on daily in Malaysia. Indonesian internet users spend about 3-5 hours a day online. There is a growing demand for safe payment processing in these countries and we want to facilitate that,” said Founder Andy Khawaja.

“Not only can we facilitate the payments, but we can support the preferred payment methods of the region,” Andy Khawaja added, “…we do more than support e-commerce – we stimulate growth and entrepreneurship.”

Read More: Financial Planning: One Small Step 50 Years Ago

Preferred payment options like RHB Now, MyClear FPX, 7-eleven, e-Pay, MOLWallet, and AirCash in Malaysia and Alfamart, CIMB Clicks, Indomaret, and Mandiri Clickpay in Indonesia are not often supported by payment providers.

Allied Wallet not only enables business owners to accept these payments, but enables consumers to shop across borders. This is especially common in Indonesia where internet users often prefer to shop with merchants in Malaysia, China, Singapore, Japan, and South Korea.

Andy Khawaja added, “There is so much opportunity in this region, and we’re very proud to be able to support business owners and protect consumers with this new office.”

Read More: Centene Corporation Announces 2020 Guidance

Related posts

TriplePoint Venture Growth BDC Corp. Announces Addition to Board of Directors

Fintech News Desk

BlockFi Announces Additional Rewards Program Benefits And Opens Public Waitlist for the BlockFi Bitcoin Rewards Credit Card

Fintech News Desk

LenddoEFL Offers a Credit-Score Alternative Using Your Character

Fintech News Desk

Leave a Comment