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Corporate News

SMART2PAY AND MOL INCREASE PARTNERSHIP

Smart2PayTM, one of the world's online alternative payment solutions company, has increased its 2008 partnership with MOL AccessPortal Berhad. MOL, one of the biggest online game websites, will use Smart2PayTM now for more countries to allow online gamers to play online games using their local payment methods worldwide.

The new offering will bring many new options for gamers, allowing them to easily participate in MOL's online gaming platform. MOL recently purchased Friendster, and offers a massive library of both free and paid computer games including MMORPGs, casual games, and much more. Their products are known for great gameplay and attention to detail, as well as colorful, eye-catching art.

MOL games can be purchased using MOL points, which gamers buy through MOL.com. Smart2PayTM will now be adding more payment options, and gamers can buy MOL points quickly, safely, and simply by using Smart2PayTM payments.

"We are very pleased to help MOL extend their audience, and to offer gamers more local payment options to participate in their innovative online gaming platform", said James Flinterman, of Smart2PayTM.

About MOL

MOL is a MSC Malaysia Status Company that operates and develops payment systems. MOL handles over 60,000,000 payment transactions a year with an annual payment volume of over US$200 million. It leverages on a network of over 500,000 physical and virtual payment channels across more than 75 countries and linked to 88 banks in 9 countries worldwide to operate its key payment products, namely:

  • MOLPoints, an online micropayment system for content and services;
  • MOLReloads, an electronic prepaid distribution infrastructure;
  • MOLFreedom, a multi-application prepaid payment card;
  • GamesHive, an online game payment aggregator;
  • MOLWiFi, a wireless Internet service for F&B outlets;
  • MOLiCafe, a cybercafé management programme and MOLSafePay, an escrow-based payment system for micro-merchants.

MOL was recognized as one of Asia Pacific’s fastest growing technology companies in the Deloitte Technology Fast 500 Asia Pacific Awards in 2005 and 2006, has won a Merit Award for the Best of E-Commerce Applications in the MSC Asia Pacific ICT Awards and received the Member Excellence Award at PIKOM ICT Leadership Award 2009.

About Smart2PayTM

Smart2PayTM is offering local payment services to international merchants since 2002, covering more than 60 countries worldwide! By adding local payment methods to your ecommerce site, you will boost your sales significantly, by offering the preferred local method of payment to your customers!