IPay88 online transactions hit RM6.6bil

Chan: In the month of January 2017, we recorded a little less than two million mobile-type online payments. Moving onward to December 2017, in that month alone this number shot up to 3.5 million mobile online transactions.

PETALING JAYA: Online payment services and solutions provider iPay88 Holding Sdn Bhd saw its online transactions more than doubled to RM6.6bil in 2017 from RM3bil in the previous corresponding period, on the back of higher mobile and online transaction growth.

In a statement yesterday, the company said it recorded a total of 58.5 million online transactions moving over its payment gateway systems, which increased 53.1% from 2016.