502

News

Cards & Payments

Staff Reporter

, APAC

Published:

1 year ago

1 year ago

From L-R: Matthew Wood, Head of Digital Partnerships, Asia Pacific, Visa; Richard Kim, CEO and co- founder, Paywatch; Alex Kim, President and co-founder, Paywatch; Macy Francesca Guinto, Head of Fintech Business Development, Asia Pacific, Visa

Paywatch inks MOU with Visa to offer EWA solution across Asia

Paywatch will make use of Visa’s cross-border capabilities and network.

Paywatch will make use of Visa’s cross-border capabilities and network.

Paywatch has announced a memorandum of understanding with Visa to extend the reach of its earned wage access (EWA) solution across Asia.

Paywatch currently operates in Malaysia, South Korea and Hong Kong.

The MOU also seeks to promote financial inclusion, with Paywatch leveraging Visa’s cross-border capabilities, network, and financial literacy and digital education content.

EWA grants employees more control over when they can access their wages whilst guarding them against predatory lending practices, according to Paywatch.

"We're thrilled to work with Visa to reinforce our commitment to financial inclusion across Asia," said Richard Kim, CEO of Paywatch. "As we expand, this comes at a crucial time as we seek to explore innovative financial solutions that empower our users.

Visa

Can't Login? Sign up for an account

Email address The email address is not made public. It will only be used if you need to be contacted about your account or for opted-in notifications.

Password

Confirm password

Provide a password for the new account in both fields.

This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Already have an Asian Banking & Finance account? Login

Can't log in?

Return to login

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit