KUALA LUMPUR: Mobile virtual network operator (MVNO) and remittance service provider Merchantrade Asia Sdn Bhd targets to increase its market share to 30% in three years with the launch of Doowit, a mobile remittance service focusing on the foreign workers market.
Managing director Ramasamy Veeran said he expected Merchantrade's market share in money transfer for the migrant workforce to increase from the current 10% to 30%, with collections valued at RM3.5bil, within three years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!