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In October 2019, Lazada partnered with Citibank to launch a new credit card, first in Malaysia, and subsequently in other countries. [27] In 2023, Alibaba was restructured internally into six business units held by a holding company in response to China's regulatory pressure to decentralise its business power.
Malaysia is the global leader in terms of the sukuk (Islamic bond) market, issuing RM62 billion (US$17.74 billion) [4] worth of sukuk in 2014 - over 66.7% [5] of the global total of US$26.6 billion [2] [6] Malaysia also accounts for around two-thirds of the global outstanding sukuk market, controlling $178 billion of $290 billion, the global total.
The auto-reload feature allows users with low credit balance to automatically have it reloaded for game credits and prepaid phone credits by using credit or debit cards saved in the eWallet. [38] In addition, Touch 'n Go eWallet allows users to view their remaining balance on their physical Touch 'n Go cards, although users will not be able to ...
In November 2017, ShopBack revealed it had raised US$25 million, a round led by Japanese finance and credit card company Credit Saison, with participation from Blue Sky, AppWorks, Intouch Holdings, Aetius Capital, 33 Capital, SoftBank Ventures Korea, Singtel Innov8, Qualgro and East Ventures, bringing their total funding to US$40 million. [15]
Rewards is a loyalty program for merchants to reward customers for repeat visits with a Reward of their choosing. Unlike "buy 9 and get the 10th free" punchcards, a consumer earns Rewards by using any major credit card saved in their Groupon account when they visit their favourite local merchants.
In 2012, 2C2P launched an alternative payment method called 123, a local-currency alternative payment channel for non-credit-card payment processing. [9] [10] In the fiscal year of 2014, the company processed over US$2.2 billion in transactions. [11]
Tokopedia also offers digital products such as credit, bill payments, voucher and ticket purchases, and others. [ citation needed ] In 2018, Tokopedia launched Mitra Tokopedia to offer fintech solutions such as digital wallets ( e-wallets ), virtual credit cards , insurance , and more.
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