Asia, watch out. Rocket Internet‘s next clone could be coming your way very soon.
Called PayLeven, the Square clone’s corresponding domain names for Singapore, Malaysia, Indonesia, Vietnam, Philippines, and Hong Kong have all been snapped up. The registrant organization for PayLeven.sg and PayLeven.in is “JADE 1360. GMBH”. For Payleven.in, the registrant name is Arnt Jeschke, the CFO and managing director of Rocket Internet.
It’s no secret that the Samwer Brothers are feverishly coming up with a copy of Square, a mobile payment company started by Twitter creator Jack Dorsey. But confusion reigned over what it would be called. Read more
Filed under Featured, Innovation & Technology, Mobile, Technology, WebTags: evopay, foodpanda, Hong Kong, hungrypanda, Indonesia, Malaysia, mobile credit card reader, payleven, Philippines, Rocket Internet, RocketInternet, Singapore, Southeast Asia, Vietnam, zenpay
All gloves are off in the battle for mobile payment dominance in Asia.
In one corner is mighty PayPal, which will launch its own mobile credit card reader called PayPal Here in Singapore later this year. It is already available in Hong Kong, Australia, US, and Canada.
In the other corner is underdog Swiff, a Singapore-based startup that launched its own mobile payment service last week.
Both companies’ service include credit-card swiping devices that can be attached to a mobile phone or tablet to allow merchants to collect payments without the need for costly POS machines. Read more
Filed under F&B, Innovation & Technology, Mobile, News, Retail, Technology, WebTags: mobile credit card reader, PayPal, paypal here, Square, swiff, swiffpay
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