E2PAY

RAZER Fintech on Thursday announced acquisition of E2Pay Global Utama—an e-money player and a biz-to-biz-to-consumer (B2B2C) digital payments facilitator in Indonesia. [caption id="attachment_310523" align="alignnone" width="720"] Photo/ Media Out Reach[/caption] According to a press release, the acquisition will expand Razer Fintech’s Southeast Asian offline-to-online (O2O) digital payment network through E2Pay’s digital payments and e-money services.

The finance tech arm of gaming hardware Razer highlighted that it will help to facilitate cross-border payments for its 60,000 merchants in Indonesia as E2Pay’s services complement Razer’s regional business-to-business unit Razer Merchant Services. “The acquisition of E2Pay allows us to accelerate our entry into Indonesia, one of the fastest-growing digital economies in South-east Asia, as well as be able to better serve the digital payment needs of our regional and global merchants as the single partner of choice,” said Lee Li Meng, chief executive of Razer Fintech.

Our coverage of E2PAY includes: "Razer fintech arm acquires Indonesian digital payments firm E2Pay"; "BDO Pay makes holiday shopping easier and cash-free for Filipinos"; "SEC issues cease and desist order vs XM Group". Each article provides unique insights and information.