GSC revamps its website and ePayment system for expansion
MALAYSIA: The leading cinema exhibitor and distributor Golden Screen Cinemas Sdn Bhd (GSC) has revamped its website and ePayment system recently to cater for the current needs of movie-goers and e-Concession which will be launched before year end. E-Concession is a new online service will be offered to GSC patrons, allowing them to purchase their popcorn and drinks online along with their movie tickets and redeem the goodies via...
Indonesian government wants local e-commerce to use .CO.ID instead of .COM
INDONESIA: The Indonesian government will implement a new regulation to protect local e-commerce industry within this year, the Jakarta Globe reported. The local government found most of the frauds came from .COM websites and thus want to restrict local e-commerce website to use local domain names or .CO.ID only. The value of e-commerce transactions in Indonesia in 2012 was reported around RM38.35 billion (IDR120 trillion) from...
Rakutan stops its joint venture in Indonesia
INDONESIA: Rakuten officially ends its joint venture with PT Media Global (MNC) for Rakuten Indonesia, Japan’s Nikkei reported. Rakuten Indonesia is operating Rakuten Belanja Online, a localized e-commerce platform for Indonesia market.
Only 2 out of 5 organizations use truly effective technologies to protect against corporate threats
MALAYSIA: The need for protection against unwanted correspondence and malware is now obvious to the vast majority of companies. Based on data collected by Kaspersky Lab and the analytical agency B2B International in November 2012, 82% of companies across the globe have implemented anti-malware protection, while 80% use anti-spam technologies. However, given that cybercriminals are using increasingly sophisticated techniques to steal...
MasterCard Online Shopping Survey finds rise of online purchases via smartphone
MALAYSIA: MasterCard on Wednesday published the result of its latest online shopping survey which was conducted across 25 markets including 14 markets in Asia/Pacific region between November and December last year. The result shows both Asia’s premier shopping hubs – Singapore and Hong Kong have recorded the biggest increases in online shopping behaviour registering a 9 Index Point increase in 2012. However, the propensity for...
Seagate celebrates milestone: first to reach 2 billion hard disk drives shipped
MALAYSIA: Seagate Technology, a worldwide leader in storage solutions, today announced it is the first hard disk drive manufacturer to ship two billion hard disk drives (HDD)—a staggering number fueled by the explosive demand for storage from mobile applications, cloud infrastructures, social media, business applications and a wide variety of consumer markets. A testament to the pivotal role played by storage in today’s digital world,...
Visa may impose a new fee to digital wallet operators
US: MasterCard said it plans to impose a fee on digital wallet operators such as PayPal, Google’s Wallet, Square and iZettle starting in June this year and Visa Inc may follow its rival to charge the same fee, the Global Post reported. Digital wallet is an electronic version of real wallet that stores card and bank information and will be used to buy things online.
MOL Global acquires Indonesia’s AyoPay fo regional expansion
MALAYSIA: PT MOL AccessPortal (MOL Indonesia), a subsidiary of Malaysia-based payment company MOL Global, yesterday announced its acquisition of AyoPay, a payment service provider specialising in online game credits in Indonesia, the Sun Daily reported. The acquisition was in line with MOL Global’s goal of creating a premium online payment eco-system in the region. According to MOL Global, the combined assets between MOL Indonesia and...
Western Union brings value proposition to its partner through new launched platform
US: Western Union, a global payment service provider yesterday launched two new solutions – Global Share platform and Reload+ network. Western Union’s Global Share platform is a platform which enables the company to introduce new stored-value solutions in markets around the world by leveraging Western Union’s worldwide network and its expertise in moving money across borders. Meanwhile, Reload+ network allows customers with multiple...
Online Interbank GIRO charges 10sen started next month
MALAYSIA: Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz yesterday said the fee for online Interbank GIRO (IGB) transactions will be lower to 10 sen from the current charge of between 50 sen and RM2, effective May 2 2013, the Business Times reported. Meanwhile, banks will charge a cheque processing fee of 50 sen on the cheque issuer on top of the existing stamp duty of 15 sen per cheque leaf, from April 1 2014 onwards. Both...
