Singapore. 1st Dec 2024 – Evonet Global Pte Ltd. (Evonet), an online payment platform that serves digital native sellers, has signed a Memorandum of Understanding (MOU) with AXS Pte Ltd (“AXS”). This partnership aims to leverage on the expertise of both parties to develop a comprehensive and interoperable wallet and payment gateway solution that can better serve their customers.
The partnership intends to:
- Enable wallet interoperability acceptance, supporting AXS’ market operations across Southeast Asia (SEA).
- Enable inter-wallet remittance services, supporting AXS’ market operations across SEA.
- Develop inter-connectivity between both existing gateways for seamless payment processing.
Leadership perspectives
Quah Chun Han, CEO of AXS Payments:
“Our partnership with Evonet marks the next steps for AXS as we seek to expand into regional markets and create an efficient payment solution for SEA. We are excited to work with Evonet to develop an innovative digital wallet solution that enables greater payment connectivity in Asia.”
Hyman, Co-Founder of Evonet:
“The partnership with AXS marks a significant milestone in enhancing our payment capabilities across Southeast Asia. By connecting Evonet‘s digital payment solutions to AXS’s robust network, we can deliver innovative and interoperable payment methods to meet the needs of the digital economy and better serve our customers.”
About Evonet
Evonet is an online payment platform serving digital native sellers. Backed by CardInfoLink, TIS INTEC Group, BC Card and Sequoia, we enable digital commerce by partnering with card payment networks and digital wallets globally to simplify payments for our customers. Evonet Website: https://www.evonetglobal.com/
About AXS
Incorporated in 2000, AXS has served the payments needs of Singaporean consumers and merchants for over 20 years. AXS provides more than one million users with rapid access to greater than 800 payment services, via its network of over 630 AXS Station self-service kiosks, as well as its proprietary AXS e-Station web-based and AXS m-Station mobile-based applications. AXS Website: https://www.axs.com.sg/
