Soft Space will launch its certified Mobile Payment Terminal in Malaysia soon
Mobile payment platform provider, Soft Space had received their full certification and approval from Europay, MasterCard & Visa (EMV) on 20 August 2012. With the EMV certification, Soft Space now is a recognized mobile payment platform and accredited worldwide to accept card payments via mobile devices. With the certified mobile payment platform, it makes possible for anyone to accept card payments anywhere, anytime, securely. The...
MOLPay delivers Easy Payment Scheme feature to online merchants
The Malaysia e-payment provider MOLPay, a member of MOL Global Group has rolled out a new feature named Easy Payment Scheme for e-commerce merchants in Malaysia. The new featured launched aims to assist its online merchants to sell more by helping online shoppers to convert a credit card transaction into an instalment with tenure of 6 months, 12 months or any other tenure offered by the credit card company. After the online buyers...
Filipinos still choose cash as their preferred payment method
In Visa recent study of “Connecting with the Millennials” revealed that seventy per cent of the Filipino Millennials choose cash over cards as their preferred payment method which could be the reason made the ownership of debit and credit card is lower than their neighbour countries at an average of 1.51 and 0.96 cards per person, respectively. The same study also reported that eighty per cent of the Filipino respondents between 18...
German toy manufacturer enters SEA market, for retail and e-commerce
One of the largest toy manufacturers from German, Simba Toy company is penetrating into Southeast Asia by setting up a manufacturing facility in India to serve as an export hub for Southeast Asia, West Asia and North Africa, BERNAMA new agency reports. Xinhua news agency reports that the company, after having faced a slowdown in its home country, is targeting growth from emerging economies. The company has also set up e-commerce...
Avoid using money transfer service for business transactions
An identity theft case was reported by an internet entrepreneur to Rawang Police after the payment of AUD1,900 (or about MYR6,000) sent by her customer from Australia via Western Union to her was claimed by an unknown man before she went to claim the payment from the international money transfer agency. According to the victim, the imposter had filled in her name correctly although he marked in the gender field as male and the...
SingTel joins NFC payment battlefield
In collaboration with EZ-Link Pte Ltd (EZ-Link), Singapore Telecommunications Ltd (SingTel) has launched a mobile payment services via Near Field Communication (NFC) technology. The payment service allows SingTel customers who have a supported NFC smartphone and purchase an NFC SIM card to make cashless payments by tapping supported handsets at NFC contactless payment terminals at over 20,000 points island-wide that accept ez-link...
Vietnam’s MB24 is suspected conducting e-commerce scam
Ten executives from Muaban24 Online Trade and Training company (MB24) were arrested by Vietnam police suspected of having defrauded more than 10,000 people, worth VND600 billion (or USD28 million) in the country. MB24 has more than 50 branches in 32 provinces and cities, offering people online shops for VND5.2 million (or USD250) for the people to buy and sell goods at cheap prices. But while people paid real money to MB24, they got...
Coming e-commerce platform solution by PIEIB
Local industrial product and cable manufacturer, P.I.E. Industrial Berhad (PIEIB) will venture into the growing sector of e-commerce by introducing its e-commerce solution to market next year. This public limited company since 1997 now is developing a new generation of e-commerce platform solutions which will improve user experience with added security and confidentiality while supporting large and comprehensive of business...
MobileApps.com stopped, RichMediaAds.com will start
TechCrunch and ZDNet Asia featured site, MobileApps.com has decided to cease operations to focus on a much larger global online advertising industry after operated for more than a year. Launched in early 2011, MobileApps.com was initiated as a mobile app discovery platform & marketplace for app developers. Alvin Koay, the CEO and founder of MobileApps.com said they just realized the market for developers is very small after one...
Vietnam E-Commerce needs proper control for healthy growth
E-commerce in Vietnam currently is lacking of trustworthiness and ways of solving conflicts and a new draft decree on e-commerce was discussed to protect enterprises and consumers, to cater for the rapid growth in e-commerce, according to Tran Huu Quynh, the chairman of Vietnam International Arbitration Centre (VIAC). Quynh said that many enterprises have expressed their concern about e-commerce security which caused losses of...
