What is Maybank QRPay? Maybank QRPay (QRPay) is a cashless payment solution that enables Seller to receive payments from Maybank2u customers (Buyer) using a unique two-dimensional quick-response (QR) code generated by the Seller. Seller is required to download Maybank QRPay Mobile Application to use this service. How to use Maybank QRPay? Download and launch the

What is SOAP SOAP (Simple Object Access Protocol) is a message protocol that approves allotted factors of an application to communicate. SOAP can be carried over a range of lower-level protocols, which includes the web-related Hypertext Transfer Protocol (HTTP).  SOAP defines a header shape that identifies the actions that a

China’s digital payments revolution China is leading the new revolution in digital payments. In the past decade, China has leapfrogged magnetic cards, moving to a system based on smartphones and QR codes (two-dimensional bar codes), and runs through their own big tech firms: Alipay running through Alibaba (China’s version of

The payment revolution. The tipping point of the revolution occurred in 2003 were the electronic systems surpassed the use of cash and checks in stores. By 2005,its accounted for 55% of in store payment. Similar trends occur for recurring payments. In 2001, More than 75% were made by paper-based method

How digital payments can help China cope with pandemics. Digital payments allow people to access goods and services while in quarantine or social distancing. SARS epidemic in 2003 expedited China’s path in launching digital payments and e-commerce in the country. A robust identification system, widespread, consistent internet access and trustworthy ways

There are several payment gateways in Southeast Asia which provide the same services for merchants and customers. In terms of offering services such as online banking, card processing, and even offline payment, every payment gateway may look similar. But between them, there are many differences. To make them well known

What is MSO license MSO (Money Service Operator) is a license issued by Customs and Excise Department of Hong Kong, under the provisions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance of Hong Kong. The MSO license authorizes a person to perform currencies exchange and also fund remittance. The remittance

Which is the best mobile wallet in Singapore? There are a multitude of mobile wallet options but largely, they fall into two categories: bank-owned wallets and non-bank wallets. Bank-owned mobile wallets DBS PayLah Most Singaporeans have a DBS or POSB account so it stands to reason that DBS PayLah is