INNOVATIVE PAYMENT SOLUTIONS FOR BUSINESS SUCCESS ACROSS SOUTHEAST ASIA WITH FIUU
Dear Valued Merchants and Partners,
Fiuu (formerly Razer Merchant Services) understands the vital role that seamless payment solutions play in the success of your business. Committed to this, Fiuu provides businesses across Southeast Asia with innovative and user-friendly payment solutions tailored to meet specific market needs, ensuring your readiness for the future of payments.
Check out the Online and Offline Channels tables at the bottom of this newsletter for comprehensive payment methods curated to your customers across Southeast Asian markets. Alternatively, reach out to your dedicated account manager or visit fiuu.com for more information and assistance.
COMPANY NEWS
RAZER'S FINTECH ARM REBRANDS AS FIUU, AIMING TO POWER FUTURE PAYMENTS
Razer Fintech together with its B2B payments unit, Razer Merchant Services (RMS), has rebranded to Fiuu, indicating its ambition to lead in digital payments. Fiuu will now operate as a standalone subsidiary of Razer Inc., emphasizing its independence. Eng Sheng Guan steps in as Fiuu's CEO, focusing on growth and innovation. The rebrand reflects a commitment to staying ahead in Southeast Asia's booming digital economy. Fiuu promises a seamless payment experience and anticipates future trends for reliability and innovation.
“This rebranding exercise marks a significant milestone for the company which has grown significantly over the past few years and it allows the fintech business to continue its path independently from the Razer brand, which is gaming focused. I am proud of the achievements of the team, and I trust Sheng Guan will be able to take the company to greater heights with the continued support of our merchants and scheme partners,” said Lee Li Meng, Executive Chairman of Fiuu.
ENHANCED BUSINESS SALES AND GROWTH WITH FIUU VIRTUAL TERMINAL APP
[MALAYSIA & SOUTHEAST ASIA] Fiuu Virtual Terminal (Fiuu VT) is designed to revolutionize payment processing for businesses of all sizes, anytime and anywhere. With Fiuu VT, businesses can seamlessly manage transactions with ease and efficiency, empowering them to focus on what matters most. Additionally, Fiuu will be the Strategic Payment Partner for the highly anticipated Absolut Bazaar X Festival Gaya Raya 2024 at Mitec happening this 29th March until 1st April 2024. Join us as we pave the way for a digital cashless experience, where participating merchants will harness the power of our virtual terminal to elevate their operations and enhance customer satisfaction.
Email us at [email protected] to enable the Fiuu VT app and embrace the convenience of cashless transactions.
GENERATE NEW BUSINESS REVENUE STREAMS THROUGH FIUU’S VALUE-ADDED SERVICES
[MALAYSIA] Fiuu empowers businesses to become a one-stop shop for everyday essentials, offering extensive value-added services ranging from telco/e-wallets reloads, utility bill payments, international airtime, game pins, and productivity tools like Nur Arianna Café, Pasar Mini Riziky Maju, Wei Feng Trading Company, to name a few.
Email us at [email protected] to attract new customers, boost loyalty, and unlock hidden revenue streams today.
INDUSTRY NEWS
JAPAN AND ASEAN TO INTEGRATE QR CODE PAYMENTS BY 2025, CONFIRMS METI
Japan and ASEAN, including Singapore, Indonesia, Thailand, Malaysia, and the Philippines, plan to unify QR code payments by 2025, simplifying cross-border transactions and eliminating currency exchange hassles for tourists. The Cashless Promotion Council aims to establish a seamless payment system connecting domestic and international services by 2024. This initiative will expand QR code payment services in Japan, currently limited to platforms like Paypay and Rakuten Pay, enabling payments across various services.
E-PAYMENT TRANSACTIONS RISE 24% TO 11.5BIL IN 2023
The Electronic payment (e-payment) landscape in Malaysia surged by 24% to 11.5 billion in 2023, reflecting a growing preference for digital transactions. This rise is driven by increased online shopping and government initiatives promoting cashless payments. The trend signifies a shift towards a digital economy, with both consumers and businesses embracing the convenience of electronic payments, shaping Malaysia’s financial sector and fostering economic growth.
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This email was sent by: Razer Merchant Services Sdn Bhd.
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