Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Malaysia's MOL, TransferTo to deliver international mobile top-up services

AvantiKumar | Jan. 17, 2012
Malaysian Internet firm MOL’s virtual currency – MOLPoints – can now be used to buy prepaid mobile uploads.

Ganesh Bangah Kumar, Group Chief Executive Officer of MOL Global

PHOTO - Ganesh Bangah Kumar, group chief executive officer of MOL Global.

A new partnership between Malaysian Internet firm MOL Global and global airtime remittance hub TransferTo, which is an Ingenico company, will deliver an international prepaid mobile top-up service.

Speaking on 12 January 2012, MOL Global group chief executive officer Ganesh Bangah Kumar said the wholly owned subsidiary MOL AccessPortal has signed with TransferTo, an Ingenico Company and global airtime remittance hub, that interconnects the mobile operator's prepaid systems, to deliver international top-up services with MOLPoints.

Kumar said that MOL users could use MOLPoints, a virtual currency used in the Asian region to acquire online credits and digital goods, could purchase mobile credits via TransferTo's top-up system at more than 19,700 physical payment channels, nationwide.

"This is exciting news for our Malaysian users as they are able to reload mobile credits for their families, friends and colleagues, anywhere in the world with MOLPoints," said TransferTo chief executive officer and managing director, Eric Barbier. "For those who travel frequently, our partnership with MOL ensures that they will always be connected."

"MOL understands our customers' needs and TransferTo's extensive reach is parallel to our goals of providing widely accessible, value-added services," said MOL's Kumar. "This partnership also reflects our continuing commitments to maximise solutions for businesses in the global telecommunication sector, and to be the leading payment service provider in Asia."

Available in countries such as Bangladesh, China, India, Indonesia, and Vietnam as well as across an existing coverage in five continents, TransferTo manages real time prepaid airtime remittances for more than 230 partner mobile network operators in 80 countries, reaching 3.6 billion prepaid users.


Sign up for MIS Asia eNewsletters.