AsiaPay, one of providers of Internet and mobile payment services and technologies in Asia has launched "PayDollar Debit" payment services which enable merchants to accept and collect online real-time debit payments from consumers in Asia, Australia and New Zealand via bank accounts, debit cards, e-wallets and prepaid products.
This comprehensive payment services can process payments from China UnionPay, AliPay, 99Bil, PPS, FPX, BancNet, Globe GCash, Smart Money, POLi, Bangkok Bank, Bank of Ayudhya, TMB Bank, United Overseas Bank, Siam Commercial Bank and Krung Thai Bank account holders.
Since AsiaPay also operated in Malaysia, local merchants able to utilize AsiaPay services to target other countries debit account holders.Will this create challenges to local payment service provider like iPay88 and MOLPay?
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