MOLPay, SingPost to extend Malaysian online businesses to Singapore market

Monday 25 March 2013 07:15 CET | News

Malaysian online payment services provider MOLPay has added Singapore Post Limited (SingPost) network of Self-service Automated Machines (SAM) into its list of Physical Payment Channels.

With SAM as a physical payment channel for MOLPay, online shoppers in Singapore will be able to pay for their online purchases by cash and in Singapore USD using their NETS cards. This service will also allow MOLPay’s new and existing e-commerce merchants to extend their online businesses to Singapore, tapping on SAM network as another payment collection mode.

SAM is an automated post office which allows residents in Singapore to weigh packages, buy stamps, or even pay off their bills and fines. Physical payment is an alternative payment option apart from credit card and Internet banking for e-commerce offered by MOLPay.

MOLPay which was formerly known as NBePay was founded in 2005 and has been acquired by the MOL Global Group in August 2011. MOLPay offers a range of e-commerce payment solutions, from online payment acceptance and processing to fraud management to payment security.

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Keywords: MOLPay, SingPost, online payments, Singapore
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce