Wednesday, 4 March 2020

EMQ RAMPS UP PRESENCE IN SOUTHEAST ASIA

Providing global businesses with a faster, more transparent platform to accelerate digital payments across the region

HONG KONG & SINGAPORE & KUALA LUMPUR, Malaysia March 3 (Bernama-BUSINESS WIRE) -- EMQ, a global financial settlement network, today announced that it is augmenting its footprint across Southeast Asia with direct connectivity to Singapore’s Fast and Secure Transfers (FAST) network and extensive bank coverage across Malaysia. This will provide global businesses with enhanced coverage for the growing digital payments ecosystem in the region.

“As the digital transformation journey continues in Southeast Asia, enterprises today are increasingly international in scale to capitalize on the cross-border business opportunities. It is fuelling the explosive growth in digital payments, which is expected to exceed $1 trillion by 20251. Hence, the ability to make and receive cross-border payments quickly and transparently is critical for businesses to thrive globally,” said Max Liu, Co-founder and CEO of EMQ. “Our new expansion across Singapore and Malaysia will further complement our capabilities in Southeast Asia and we are well-positioned to offer businesses direct payment access to international markets.”

http://mrem.bernama.com/viewsm.php?idm=36868

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