Business Daily Media

Men's Weekly

.

Razer Fintech Acquires PT E2PAY Global Utama

Razer Fintech’s acquisition of PT E2Pay Global Utama expands the organization’s digital payment solutions into Indonesia, one of the region’s fastest growing digital economies in the world

SHAH ALAM, MALAYSIA - Media OutReach - 9 June 2022 - Razer Fintech, the financial technology arm of Razer, the leading global lifestyle brand for gamers, today announced the acquisition of PT E2Pay Global Utama ("E2Pay"), one of the leading B2B2C digital payment facilitators and e-money players in Indonesia.

Razer Fintech is already a leading O2O (offline to online) digital payment network in Southeast Asia, and this acquisition marks its further expansion into Indonesia.

RMS-x-E2Pay.jpg

Founded in 2012, E2Pay provides a breadth of payment solutions to merchants and financial institutions, including payment gateway, e-money, and remittance services licenses in Indonesia. These services complement Razer Merchant Services, Razer Fintech's business-to-business arm regionally, as it facilitates cross-border payments for its 60,000 merchants to the region's largest populated country.

E2Pay's payment gateway supports high-growth e-Commerce verticals, including online marketplaces, professional services, travel & tourism, as well as other segments throughout Indonesia, with some of E2Pay's most notable merchants consisting of Tokopedia, Bukalapak, Traveloka and Blibli.com.

The Indonesian fintech player also connects major payment channels and supports local and alternative payment methods, including card schemes, internet banking, mobile banking, e-money, virtual accounts, offline points, and personal financing to provide a comprehensive local payment platform for more than 500 merchants in the region.

The E2Pay e-money platform, MBayar, serves over 500,000 registered users and supports payments for credit or data plans, bill payments, QR payments, cash withdrawals and fund transfer services.

"E2Pay is one of Indonesia's very few digital payment players that has a comprehensive set of licenses across various payment gateway services, e-money, and remittance. The acquisition of E2Pay allows us to accelerate our entry into Indonesia, one of the fastest-growing digital economies in Southeast 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. I look forward to working closely with the E2Pay team to grow our presence in Indonesia considerably in the years to come." said the CEO of Razer Fintech, Lee Li Meng.

"E2Pay are very happy to have Razer Fintech onboard. We hope that the synergy between E2Pay and Razer Fintech will enable both organizations to tap on our merchant base to grow, expand and scale our platform's reach across Southeast Asia." Said E2Pay Chairman, Rudy Danandjaja.

Internet usage in Indonesia has been steadily growing, with a Gross Merchandise Volume (GMV) of USD $40 Billion in 2020, mainly driven by e-Commerce, even offsetting declines in Travel, Transport and Food Delivery industries throughout lockdown periods according to the e-Conomy SEA Report by Google, Temasek and Bain & Company. Through this acquisition, Razer Fintech and E2Pay look to contribute Indonesia's expected GMV of US $124 Billion by 2025, at a 23% Compound Annual Growth Rate (CAGR), making it one of the largest growing digital economies in Southeast Asia.

About Razer Fintech

Razer Fintech is the financial technology arm of Razer Inc. Established in April 2018, Razer Fintech has grown to become one of the largest O2O (offline to online) digital payment networks in emerging markets and has processed over billions of dollars in total payment value. Razer Fintech recorded a Total Payment Volume (TPV) of US$7 billion for FY 2021, representing an increase of 63.5% year-on-year.

RMS, a leading B2B (business-to-business) solution encompasses:

  • RMS Online: Card processing gateway supporting global scheme cards and over 110 payment methods, powering online payments for global and regional blue-chip merchants in SEA.
  • RMS Offline: SEA's largest offline payment network of over 1 million physical acceptance points across SEA. RMS Offline also extends point-of-sale services (such as bill payments and telco reloads), cash-over-counter services including fulfilment of e-commerce purchases, distribution of third-party point-of-sale activation (POSA) cards, and merchant acquiring services for third-party e-wallets.

For more information, please visit our website at .

Merchants interested in online payment services, may email us at .

Merchants interested in offline reloads, may email us at

#RazerFintech #RazerMerchantServices

The issuer is solely responsible for the content of this announcement.

News from Asia

Hong Kong & Chinese Mainland Investors Signal Strong Interest in Tokenized Funds, According to Joint Study by Aptos Labs and BCG under HKMA’s Project e-HKD+

61% of retail investors in Hong Kong and Chinese Mainland are set to double their investment allocations to funds — driven by features unlocked through tokenization and digital money innovation. ...

AFTEC Distils 16 Years of Arts Education Leadership into New Book, Offering a Roadmap for Hong Kong's Creative Future

Igniting a Creative Renaissance, New Book Evolving Creative Mindsets Provides the Roadmap to Transform Hong Kong Schools HONG KONG SAR - Media OutReach Newswire - 28 October 2025 - AFTEC today hos...

Guizhou’s Spicy and Sour Flavor as the Bridge Meets Thailand

The culinary documentary Feast of Guizhou unlocks Thai audiences with a "Cultural Key" Guizhou, China - Media OutReach Newswire - 28 October 2025 - When Thai Michelin two-star chef Chumpol venture...

AI Empowers Preventive Healthcare Survey Report Sharing on Hong Kong People's Health Awareness

Showed Growing Interest in Healthcare Technology Event Featured a 30-second AI Retinal Imaging to Screen 55 Health Risks Instantly HONG KONG SAR - Media OutReach Newswire - 28 October 2025 - "Prev...

CGTN: China, ASEAN join hands to write new chapter in regional integration

BEIJING, CHINA - Media OutReach Newswire - 28 October 2025 - CGTN published an article about Chinese Premier Li Qiang attending a series of leaders' meetings on East Asian cooperation. Highlightin...

Lens Technology: 2025 Q1–Q3 Performance Highlights – Innovation-Led Resilient Growth

HONG KONG SAR - Media OutReach Newswire - 28 October 2025 - Lens Technology, a global leader in full-value-chain precision manufacturing for intelligent terminals, reported strong results for the ...

OPPO Find X9 Series Launches Globally, Redefining Flagship Experience with 200MP Hasselblad Telephoto, 7000+mAh Battery, Top-Tier Performance, and ColorOS 16

BARCELONA, SPAIN - Media OutReach Newswire - 28 October 2025 - Leading global smart device brand OPPO today announced the worldwide availability of its latest flagship smartphones, Find X9 and Fin...

OPPO Unveils the Find X9 Series Globally, Redefining the Premium Smartphone Experience

BARCELONA, SPAIN - Media OutReach Newswire - 28 October 2025 – OPPO's global launch of the Find X9 Series reinforces its continued commitment to the high-end segment. This move coincides w...

Amity Global Institute Marks Milestone with Over 1,800 Graduates at Class of 2025 Ceremony

SINGAPORE - Media OutReach Newswire - 29 October 2025 - Amity Global Institute (AGI) proudly celebrated a significant milestone with the graduation of more than 1,800 students at its Class of 202...

Canon Envisions a 'Future-Ready Malaysia' at Think Big Klang Valley Series 2025

Forum invites businesses to Lead with Smart Tech towards Innovation, Resilience, and Growth in today’s digital-first economy KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 29 October 2025 - Ca...

Driving smarter: how car subscription models are redefining mobility and financial flexibility

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

The Future of Wealth Technology

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv wins national accolade at 2025 Australian Service Excellence Awards

  Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...

Yellow Canary partners with Celery to bring pre-payroll assurance technology to Australia

Wage underpayment headlines continue to put pressure on employers of all sizes, revealing how costly payroll mistakes can be for small and medium bu...

Brennan Bolsters Leadership to Accelerate Next Growth Chapter

In a move to further embed cybersecurity at the heart of its business strategy and deliver sovereign secure-by-design solutions for its customers, A...