IGNITE YOUR BUSINESS GROWTH JOURNEY IN SOUTHEAST ASIA WITH FIUU
Dear Valued Merchants and Partners,
Imagine a world where every transaction propels your business toward success. Southeast Asia is a treasure trove of untapped potential, and at Fiuu, we believe that seamless payment solutions are the key to harnessing this vibrant market. Our innovative solutions simplify payment processing, enhancing customer satisfaction and driving growth, allowing you to confidently navigate new markets and elevate your business to new heights.
Dive into our Online and Offline Channels tables at the bottom of this newsletter to discover how our tailored solutions can empower your journey. For more information, you can reach out to your dedicated account manager or visit fiuu.com.
COMPANY NEWS
JOIN FIUU AT THE SELANGOR SMART CITY & DIGITAL ECONOMY CONVENTION 2024
Mark your calendars for the Selangor Smart City & Digital Economy Convention 2024 (SDEC 2024), where we'll showcase our comprehensive payment solutions. Visit our booth to discover how our cutting-edge and innovative technology can transform your business in the digital economy. Our team is eager to guide you and demonstrate how our solutions can boost your business efficiency and customer satisfaction.
Don't miss this opportunity to be at the forefront of payment innovation:
Date: 16th to 19th October 2024 Time: 10am to 6pm Location: Kuala Lumpur Convention Centre Our Booth Number: 1006 & 1007
See you there!
LATEST COMPANY PRODUCTS
BRIDGING BORDERS & ELEVATING YOUR BUSINESS WITH CROSS-BORDER PAYMENT INNOVATION
[SOUTHEAST ASIA] Tap into the thriving international market by adopting our comprehensive payment solutions. With support for China's Alipay, UnionPay, and WeiXin Pay (WeChat Pay), you'll remove transaction barriers from Chinese tourists, creating a home-away-from-home experience. But that's not all. Our solutions also integrate ASEAN's interoperable real-time payments, such as Malaysia's DuitNow QR, Thailand's PromptPay QR, Singapore's PayNow, Indonesia's QRIS, Philippines's QR Ph, and more.
Email us at [email protected] to learn more about how our comprehensive, innovative payment solutions can help you capture these booming tourist markets.
ENHANCE YOUR BUSINESS OFFERINGS & CUSTOMER EXPERIENCE WITH VALUE-ADDED SERVICES
[MALAYSIA] Unlock new opportunities for business growth with our additional value-added services, which include telco/e-wallet reloads, utility bill payments, international airtime, game pins, and productivity tools. These services not only enhance customer convenience but also help businesses, either online or in-store, to attract more traffic and boost revenue.
Email us at [email protected] to integrate these offerings into your operations so that you can create a more compelling value proposition for your customers today.
INDUSTRY NEWS
PH EMERGING LEADER IN DIGITAL PAYMENTS
The Philippines is emerging as a leader in digital payments. The country has seen a ten-fold increase in point-of-sale (POS) users since 2018, driven by mobile commerce and POS kiosks. Additionally, the Philippines ranks third in the adoption of Buy Now Pay Later (BNPL) in Southeast Asia, with a steady growth rate of 3.3% monthly. This growth reflects the increasing digitalization of the Philippines and the growing demand for convenient financial options.
In APAC, the future of payments involves new technologies, alternative methods, and digital currencies. AI is revamping payment processing with benefits like speed, security, and better customer experience. Companies are leveraging AI for features like personalized shopping and efficient payment flows. Blockchain tech is being piloted in Japan for instant international payments. Alternative payment methods like biometric authentication and Buy Now Pay Later (BNPL) are gaining traction, with BNPL usage projected to reach 7.7% by 2028. Digital wallets are popular, with spending reaching nearly US$10 trillion in 2023. Stablecoins are also on the rise, with partnerships like Grab and Triple-A enabling crypto payments.
MALAYSIA, CAMBODIA LAUNCH QR LINKAGE FOR INSTANT CROSS-BORDER PAYMENTS
The central bank of Cambodia and Malaysia have signed a MoU to enhance cooperation in the area of digital currencies and payment systems. This agreement aims to facilitate cross-border payments and promote financial inclusion through the adoption of innovative financial technologies. Both central banks will collaborate on research and development initiatives, share best practices, and explore the potential for CBDCs to streamline transactions between the two countries, ultimately fostering greater economic integration in the region.
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