iPay88 inks New Partnership with @CAT

iPay88 Holding Sdn Bhd (formerly known as iPay88 Sdn Bhd) (‘iPay88’), an NTT Data company as well as a Malaysia-based leading provider of online payment service solutions in ASEAN, today announces their partnership with @CAT Penang.

As part of the 3-year MOU, iPay88 will offer co-working spaces for aspiring startups in Penang under @CAT which is a community driven initiative, aiming to help build an ecosystem for potential startups in Penang.

(Pic caption: iPay88 Holding Sdn Bhd Head of Marketing – Calvin Yeap (right) shaking hands with Director of @CAT Penang – Howie Chang )

iPay88 Head of Marketing, Calvin Yeap, says, “This is in line with the government’s aim to accelerate the growth of startups in Malaysia as well as @CAT’s aim which specifically focuses on startups in Penang.”

Director of @CAT Penang, Mr. Howie Chang says, “@CAT aspires to help businesses transcend success toward building a sustainable tech startup ecosystem in Penang. Our partnership with iPay88 will provide these startups with a space to do business and interact with like-minded businesses and startups. We believe that the gathering and cohesion of entrepreneurial mindsets under one roof is the way to spark inspiration and brilliant ideas”  

The community-run programme is supported by the Penang State Government via its Invest Penang programme. @CAT provides mentorship, incubation, workshops, events, networking and innovation labs to aid startups. 

“Any idea could be the next big innovation. However, in order for an idea to flourish, it will need all the aid possible and iPay88 together with @CAT, is ready to help these startups achieve their dreams,” ends Calvin.

Aspiring to be part of the ecosystem?

Apart from startup co-working space, iPay88 has also designed a special startup package which will be offered through @CAT to enable more startups easy access to iPay88’s payment gateway services.

Interested startups can either (a) email hello@acatpenang.com or (b) register their interest to be part of the ecosystem or (c) learn more of the various initiatives at @CAT via http://acatpenang.com/.

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 About iPay88 Holding Sdn Bhd (Formerly known as ‘iPay88 Sdn Bhd) (iPay88)

Set up in 2006 and headquartered in Kuala Lumpur. iPay88, an NTT Data company, is an ASEAN leader in providing online payment services and payment solutions for merchants with multiple financial institutions as business partners in Malaysia. It has established a strong position with a dominant market share as well as established e-commerce merchants already operating in Malaysia – including a diversity of established enterprises, multinationals, service providers and financial institutions.

iPay88 has since catapulted into an online payment gateway solutions market leader locally, and has established its presence regionally in countries in Southeast Asia including Philippines, Indonesia, Thailand, Singapore, Vietnam, Cambodia and Bangladesh.

iPay88 has received numerous awards including MSC status by Malaysia Multimedia Development Corporation (MDeC) in 2007, Merit Award in the Best Financial Application category in the Asia Pacific ICT Awards (APICTA) and since 2009, the Most Outstanding Merchant of Payment Model by FPX-MEPS. For more information on iPay88 as well as its products and services, visit www.ipay88.com

 About @CAT Penang

@CAT comprises a community of startup entrepreneurs, creatives and techies in Penang and beyond. @CAT is a collaborative co-working space and it offers mentorship, incubation, workshops, events, networking and corporate innovation labs.@CAT is located at the heart of George Town, Penang and it aspires to help businesses transcend success toward building a sustainable tech startup ecosystem in Penang. The mission of @CAT is ‘Connecting People, Accelerating Growth and Transcending Beyond Limits.” To know more about @CAT Penang, visit acatpenang.com.