Latest news with #MPay
The Star
14-07-2025
- Business
- The Star
KTMB leads digital transformation in public transport with launch of KITS Style SuperApp
Loke (second right) launching the KITS Style SuperApp on July 13. With him are (from left) KTMB group CEO Datuk Mohd Rani Hisham Samsudin, Deputy Transport Minister Datuk Hasbi Habibollah and ministry secretary-general Datuk Jana Santhira Muniayan. – BERNAMApic KUALA LUMPUR: Keretapi Tanah Melayu Berhad (KTMB) has rebranded its Integrated Ticketing System (KITS) as the KITS Style SuperApp to establish a more efficient, safe, sustainable and competitive transport system. Transport Minister Anthony Loke said the rebranding was more than just a ticketing platform, as the application also served as a Mobility-as-a-Service (MaaS) application integrating daily mobility and lifestyle features within a digital ecosystem. "KITS Style offers a variety of services, such as purchasing ETS, KTM Komuter and Shuttle Tebrau tickets, booking flights and hotels, paying utility bills, renewing vehicle insurance, transferring money, shopping online and planning trips via the KITS AI Journey Planner,' he said in his speech at the launch of the KITS Style application here on Sunday (July 13) night. KITS is an online ticketing system introduced on Aug 17, 2020. Loke said the application was developed through a strategic collaboration between KTMB and ManagePay Systems Berhad (MPay). "This application was developed through a smart partnership, without KTMB incurring any costs or requiring government allocations. "This is a good example of a government agency leveraging strategic collaboration with the private sector to implement complex digital projects that bring huge benefits to the people,' he said. Loke also said KTMB, in collaboration with Mastercard and ManagePay Systems Berhad (MPay), was preparing to launch the KITS Style Mastercard Prepaid Card, the first open-loop transit prepaid card in Malaysia and Asean issued by a rail operator. "The virtual version of this card is already available via the KITS Style application, while the physical card will be introduced in September. "With this, the public will not only be able to access public transport within the country but also across Asean more conveniently and securely,' he said. – Bernama
Barnama
13-07-2025
- Business
- Barnama
KTMB Leads Digital Transformation In Public Transport With KITS Style SuperApp
KUALA LUMPUR, July 13 (Bernama) -- Keretapi Tanah Melayu Berhad (KTMB) has rebranded its Integrated Ticketing System (KITS) as the KITS Style SuperApp in an effort to establish a more efficient, safe, sustainable and competitive transport system that helps improve the people's quality of life. Transport Minister Anthony Loke said the rebranding was more than just a ticketing platform, as the KITS Style SuperApp also served as a Mobility-as-a-Service (MaaS) application that integrated daily mobility and lifestyle within a modern, interactive and fully digital ecosystem. 'KITS Style offers a variety of services, such as purchasing ETS, KTM Komuter and Shuttle Tebrau tickets, booking flights and hotels, paying utility bills, renewing vehicle insurance, transferring money, shopping online and planning trips via the KITS AI Journey Planner,' he said in his speech at the launch of the KITS Style application here tonight. KITS is an online ticketing system introduced on Aug 17, 2020. Loke said the KITS Style application was developed through a strategic collaboration between KTMB and ManagePay Systems Berhad (MPay) as a dynamic digital platform. 'This application was developed through a smart partnership, without KTMB incurring any costs or requiring government allocations. 'This is a good example of a government agency leveraging strategic collaboration with the private sector to implement complex digital projects that bring huge benefits to the people,' he said. Loke also said KTMB, in collaboration with Mastercard and ManagePay Systems Berhad (MPay), was preparing to launch the KITS Style Mastercard Prepaid Card, the first open-loop transit prepaid card in Malaysia and ASEAN issued by a rail operator. 'The virtual version of this card is already available via the KITS Style application, while the physical card will be introduced in September. With this, the public will not only be able to access public transport within the country but also across ASEAN more conveniently and securely,' he said.
Zawya
30-06-2025
- Business
- Zawya
Mukuru and Payfast Deliver on the Promise of Online Shopping for Cash-Paying South Africans
South Africa's predominantly cash-based economy is making significant inroads into the e-commerce sector, thanks to the growing success of the partnership between financial services platform Mukuru ( and payment gateway Payfast by Network. For over a year, the two businesses have been enabling access to online shopping for cash-paying South Africans. Through MukuruPay (MPay), cash-first customers can now participate in digital commerce, unlocking new market segments for thousands of local retailers. The partnership's success stems from its ability to address a long-standing gap in the e-commerce market—the exclusion of millions of South Africans who prefer or rely on cash. A recent Payfast ( 'State of Pay' report shows that cash is the fourth preferred payment methods for customers and competes with widely used options such as card, open banking/ instant EFT and QR code. Likewise, an SBV Cash Survey 2024 ( white paper outlines that 22% (over 13 million) of South Africans are cash-reliant and are not willing or cannot switch to other forms of payment. The study reveals that this group is vulnerable in the shift to digital services, despite holding immense economic potential. Mukuru's partnership with Payfast is helping to bridge the gap between cash and digital commerce by making e-commerce more accessible to cash-first consumers in South Africa. Throughout 2024, the company has seen a growing number of businesses adopt its payment option via Payfast, reflecting increased demand across sectors such as internet services, digital goods, fashion, groceries, bill payments, and education. Timothee Dura, Head of Merchant Payments at Mukuru, says, 'South Africa's e-commerce cannot accept only cards and digital payment methods like EFTs or wallets. It needs to work for everyone. We are bridging the digital divide by meeting cash-first consumers where they are—offering them convenience and access to goods and services that were previously out of reach with a payment method that is familiar to them. This is how we build a more inclusive financial ecosystem in South Africa.' For merchants, MPay offers a way to reach customers who have traditionally been excluded from online shopping due to their reliance on cash. The payment method builds on Mukuru's long-standing experience with cash-first communities and is available through the Payfast by Network dashboard for registered merchants. Once MPay is enabled, a customer shopping on the merchant's online store selects Mukuru as the payment option at checkout. The system generates a unique order number, valid for 36 hours. The customer can then pay in cash at any of Mukuru's 11,000+ payment points across South Africa—including major retailers like Spar, Pick n' Pay, Boxer, and Shoprite. As soon as the customer pays, Mukuru alerts the merchant—enabling swift order fulfilment. MPay also helps merchants reduce operational costs by cutting down on cash handling, removing the need for cash-on-delivery, and minimising the risk of fraud. For consumers, MPay presents an alternative to cash on delivery, particularly relevant in informal or rural areas, where logistical challenges and safety concerns are more frequent. It enables participation in digital commerce while retaining the familiarity of cash payments, facilitated through Mukuru's established physical network. 'The increasing adoption of MPay on Payfast by merchants reflects our conviction that cash-first customers are critical to South Africa's e-commerce economy. We remain committed to bridging the gap between cash and digital payments, creating safer, regulated, and accessible pathways for unbanked and underserved communities to participate in the formal economy', concludes Dura. Distributed by APO Group on behalf of Mukuru. About Mukuru: Mukuru is a leading next generation financial services platform in Southern Africa that offers affordable and reliable financial services to a customer base of over 17 million+ across Africa, Asia and Europe. With over 100 million transactions to date, our core was built providing international money transfers and from this base, we've developed a set of services to address the broader financial needs of our customers. We now operate in over 70 countries and across over 570 remittance corridors. We are a business that puts the customer at the centre of everything we do, and for that reason, we serve clients across physical and digital channels, by various payment methods (cash, card, wallet) as well as a range of engagement platforms including WhatsApp, USSD, contact centre, App, website, agents and a branch and booth network. Mukuru has been listed among the top 100 Cross Border Payments businesses globally for the sixth consecutive year in the 2025 FXC Intelligence Top 100 Cross-Border Payment Companies. In 2024, Mukuru won the IAMTN Payments Network Customers Experience Excellence Award for exceptional customer satisfaction and was accredited as a Top Employer in South Africa for 2024 and 2025 by the Top Employers Institute. In 2023, Mukuru ranked sixth on the LinkedIn Top Companies List in South Africa. We aso received the Fintech Innovation of the Year Award at the 2023 Africa Tech Festival Awards for its role in driving economic growth and financial inclusion. Further information can be found at:
BusinessToday
04-06-2025
- Business
- BusinessToday
MPay Secures Labuan FSA License, Expands Fintech Reach To Global Markets
ManagePay Systems Berhad (MPay), a prominent Malaysian fintech company, has received approval from the Labuan Financial Services Authority (Labuan FSA) to establish a new subsidiary, MPay SPV Labuan Ltd (MPay Labuan), marking a significant step in its global expansion strategy. The newly licensed entity will operate under the Labuan International Business and Financial Centre (Labuan IBFC) and focus on Credit Token Business, Digital Financial Services and a payment system aimed at foreign markets, particularly within ASEAN and beyond. The approval also allows MPay Labuan to offer multi-currency mobile wallets and Mastercard prepaid cards without preset wallet size limits, delivering greater flexibility for users including digital nomads, small and medium enterprises, expatriates and e-commerce entrepreneurs. The license also designates MPay Labuan as a Payment System Operator, enabling US dollar-based transactions, a major benefit for cross-border e-commerce. 'Securing the Labuan FSA license marks a pivotal step in MPay's journey to become a global fintech enabler because now we can bring our secure, user-friendly financial solutions to a broader international audience' MPay's Group Managing Director and Founder Datuk Chew Chee Seng said. Chew noted that Labuan IBFC's regulatory strength, strategic Asian location and business-friendly environment make it an ideal hub for MPay's expansion. 'The move supports MPay's broader mission to enhance financial inclusion and digital economy growth through accessible fintech solutions,' Chew said, adding that this milestone positions MPay to compete on the international stage, addressing rising global demand for secure, scalable and innovative digital financial services. Related
Associated Press
18-02-2025
- Business
- Associated Press
ULTIMATE DESIGN Debuts Global with HUAWEI Watch Supporting Macao's Leading E-Wallet, MPay
HONG KONG SAR - EQS Newswire - 18 February 2025 - On February 18, HUAWEI revealed its latest products at a launch event in Malaysia, including the HUAWEI Mate XT | Ultimate Design, while announcing a strategic collaboration with Macau Pass. This partnership integrates MPay—Macao's leading mobile payment platform—making it one of the first three international e-wallets supporting the HUAWEI watch. This not only represents an innovative step in Macao's digital payment landscape, but also set a new template for wearable technology applications. MPay ewallet payment is now available on HUAWEI WATCH GT 4 series, HUAWEI WATCH GT5 series, HUAWEI WATCH FIT3, HUAWIE WATCH D2 and HUAWEI WATCH ULTIMATE. The above mentioned HUAWEI watch series also support GCash (Philippines) and Touch 'n Go e-Wallet (Malaysia). Users can link their MPay accounts to the HUAWEI watch, allowing them to pay by tapping wrist without using smartphones to pay. This provides significant convenience, especially during outdoor activities and fitness routines. The system utilizes dynamic encryption technology to prevent QR code fraud, ensuring secure and reliable transactions. Visitors from Chinese mainland and Hong Kong can download and register the MPay app, link it to their HUAWEI watch, and enjoy the seamless 'tap your wrist to pay' experience in Macao. Dickson Yang, Director of Huawei Device Business Hong Kong, stated, " Technology exists to serve humanity. In designing and innovating wearables, we focus on incorporating more practical features into users' daily lives. As Macao's leading financial technology company, Macau Pass has established MPay not only as a widely used regional payment platform but also as a way that connects users to diverse services. This collaboration will drive innovation in wearable device payments, with plans to explore further partnerships in various scenarios, aiming to build a comprehensive ecosystem for wearable devices.' Sun Ho, Chairman and CEO of Macau Pass, said, 'We're honored to partner with global technology leader HUAWEI as one of the first three international e-wallets supporting HUAWEI watch. The first launch of the wearable payment solution in Macao not only enhances payment convenience for users, but also represents a significant innovation in Macao's financial technology industry and injects fresh energy into Macao's smart city construction.' At the product launch event, Macau Pass has been honored with HUAWEI Outstanding Ecosystem Award 2025. As strategic partners, HUAWEI and Macau Pass will leverage their respective strengths in technology and finance to explore new collaboration opportunities, engage in extensive and in-depth partnerships, and offer users a more seamless smart living experience. This will also contribute to the construction of Macao as a smart city and further enhance its global influence. Hashtag: #AGTech The issuer is solely responsible for the content of this announcement. About HUAWEI Device Co., Ltd. Huawei's products and services are available in more than 170 countries, and are used by a third of the world's population. With 14 R&D centers having been set up in the Germany, Sweden, Russia, India and mainland China, Huawei Consumer Business Group is one of Huawei's three business units and covers smartphones, personal computers and tablets, wearable gears, and cloud services etc. Building on its solid foundation and expertise in the telecommunications business for over 30 years and on the strength of its self-owned global network, its globalized operational capabilities and its worldwide network of cooperation partners, Huawei Consumer Business Group is dedicated to delivering the latest technological advances to consumers around the world. 'Make it Possible to Build a Better Connected World', Huawei Consumer Business Group is committed to living up to its motto at all times.
