PlayerMax to drive growth in Southeast Asian markets
PayerMax , a global multi-channel payment solution provider. Over 350 payment methods are supported across Southeast Asia, South Asia, South Korea, Latin America, the Middle East and North Africa. Announcement of the plan is to penetrate the Southeast Asian market by placing Singapore as a strategic regional center.
Several countries in Southeast Asia are increasingly making the development of a cashless society through digital payment gateways a national agenda. PayerMax will rely on government and private partnerships to drive and power its e-commerce, gaming and entertainment infrastructure. At the same time, it still maintains the important value that is equal access to financial services and cooperation with the legal and regulatory ecosystem.
Digital payments in Southeast Asia are evolving rapidly and is expected to reach $1.5 trillion by 2030 with the COVID-19 outbreak as a key driver. This is because digital technology is being used at an unprecedented level in all populations. Whether it's not using cash exposure reduction as well as cross-border payments have become a new way of life. Players in the market have to recognize this as an opportunity,” said Vicki Gannason, PayerMax's regional director.
“In the long term, our focus is on investing more in resources and manpower to make room for Player Max in emerging markets We are excited about the growth opportunities in a region where digital payments will gain immense popularity in the near future,” said Essay Zhu, Chief Operating Officer of PayerMax.
PayerMax will make its Asia debut at the Singapore Fintech Festival this November as one of the strongest new competitors in the payments business. PayerMax to create remembrance among attendees with strategic handbook on cross-border payments after the end of the pandemic crisis and advice on a diverse legal and regulatory environment. Recently PlayerMax has just started operations in the Middle East and North Africa region which is one of the key target markets by striving to unify payment systems to create changes in user behavior support the rapidly expanding digital world in the region.
PayerMax empowers merchants worldwide for borderless growth with integrated solutions. Extensive support for local payment methods in a highly robust and secure environment in accordance with the rules
