Expansion in Sabah Merchantrade Asia has recently been approved as a Designated Payment Instrument issuer for Sabah, indicating an opportunity to target regional clients and businesses looking for reliable cross-border payment solutions within Malaysia.

Healthcare Market Entry The launch of Mi Medic Pro demonstrates a move into the healthcare insurance sector for underserved communities, presenting potential sales avenues with healthcare providers, NGOs, and micro insurance distributors looking to expand digital payment and insurance offerings.

Strategic Collaborations Partnerships with established entities like Ambank, UiTM, and NPCI International showcase Merchantrade’s focus on integrated payment solutions and remittance services, creating opportunities to cross-sell digital wallet, remittance, and identity security products to financial institutions and educational institutions.

Innovative Payment Solutions The recent launch of a hybrid e-wallet in collaboration with AmBank positions Merchantrade as a provider of innovative, Islamic-compliant financial products, appealing to Islamic financial institutions and customers seeking Shariah-compliant digital payment options.

Growing Market Presence With revenue between 50 to 100 million USD and a sizable team, Merchantrade’s expanding service offerings across cross-border remittances, microinsurance, and e-wallets make it a compelling partner for financial service providers looking to tap into Malaysia’s growing digital economy and remittance market.