back Back

EMQ boosts mobile wallet payments across Southeast Asia

By Leandra Monteiro

January 21, 2022

  • Cross Border Payments
  • Domestic Payments
  • E-commerce Payments
Share

EMQ 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.”

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.

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.

Previous Article

January 20, 2022

4 RegTech companies to watch out for in 2022

Read More
Next Article

January 21, 2022

WealthDesk partners with ICICIdirect to expand the UWI

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 05, 2025

Tap, pay, spend: How digital payments are surging in Southeast Asia & India

Read More

February 05, 2025

Al Fardan Exchange, Visa launch real-time global remittance service

Read More

February 05, 2025

PRECISION and FinMont partner to combat payment fraud in travel

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2024
Know More