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OxPay and NomuPay ink partnership for market expansion

OxPay will be able to enter new markets where NomuPay already services.

Singapore’s OxPay has signed a merchant-acquiring independent sales organisation agreement with NomuPay. 

The strategic partnership between NomuPay and OxPay engages their distinct roles in the digital payment ecosystem, enabling them to utilise their payment platforms and foster expansion in Southeast Asia and Hong Kong.

Starting last 17 April, the partnership enabled OxPay to enhance its revenue streams through an expanded regional presence. OxPay will be able to enter new markets where NomuPay already possesses the necessary licenses and processing systems.

ALSO READ: CIMB Bank and OxPay join forces for digital payment solutions

In turn, NomuPay will experience increased processing volume as a result, they said in a statement.

This mutually beneficial collaboration signifies a significant achievement for both companies, as they remain committed to driving innovation and fueling growth in the dynamic financial services industry.

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