History

1999

Korvac founded.

2002

Launched Korvac online payment gateway. Key clients include TigerAir, Sistic, MPH.

2003

Appointed EMV partner by Visa / Mastercard, migrated key banks in Malaysia, Thailand and Singapore.

2004

Launched private label credit card services for key merchants in Singapore and Thailand.

2006

Appointed China Union Pay Acquirer in Malaysia.

2007

Largest NFC (ez-link) acquirer in Singapore.

2008

Launched largest membership and rewards platform with People’s Association (PA) and Dairy Farm Group in Singapore.

2010

Launched PIN-based debit network – EPINS – in Singapore. Granted domestic switch license in Thailand.

2012

Awarded ‘Most Impactful in Asia’ at French-Singapore ICT Awards for CSR – Financial Assistance Systems.

2013

Divested the Paymentlink Group to Wirecard.

2014

Established Asean Payment Card framework for Malaysia, Indonesia, Singapore and Thailand.

2015

Launched Liquid Mobile Wallet.