EMQ Bolsters Mobile Wallet Capabilities Across Southeast Asia

January 19, 2022 8:46 PM EST

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

SINGAPORE & JAKARTA, Indonesia--(BUSINESS WIRE)-- Global payments network EMQ today 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.

About EMQ
EMQ is a global fintech company that enables businesses of every size to efficiently move money and deploy end-to-end financial services from anywhere in the world, leveraging our expansive global network. Through continuous innovation, we deliver flexible payment infrastructure with increased speed, transparency, and certainty - vital requirements in an always-on digital economy. Our API-powered platform makes it easy for businesses across industries to manage any cross-border transactions and embed financial service into your product offerings. www.emq.com

Media:
Genevieve Li
[email protected]

Source: EMQ



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