EMQ, a payments network, has bolstered its global payment capabilities by allowing payouts in real time to major mobile wallets in Indonesia.
This facility is claimed to add to the firm’s ability to offer an integrated host of payment solutions across the world with access directly to the wallet ecosystem in the Southeast Asian country.
EMQ global head of networks and expansion Steven Liu said: “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.
“As we continue to expand and optimise 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.”
This enhanced mobile wallet payout to Indonesia is now available across the firm’s other markets spread across the world.
The mobile wallet payout is powered by the firm’s real-time payments network.
Following one single integration with EMQ Connect API, enterprises and their customers can transfer money to major mobile wallets in the country, including Dana, LinkAja, Ovo, GoPay, Paytren, ShopeePay, TrueMoney, IMKas, Astrapay.
Liu added: “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.”
EMQ offers near real-time payments capabilities across Cambodia, Vietnam, Nepal, Hong Kong, China, Thailand, Singapore, South Korea, India, Indonesia, the Philippines, Europe, the UK, and 19 markets in Africa, with expansion underway in the Latin America, Canada and US.
Currently licensed in Hong Kong, Singapore, Indonesia, the firm is registered as a Money Service Business in Canada.