Ecapay Asia, a provider of online payment solutions for Asian markets, has joined forces with MOL AccessPortal Berhad.
Under the terms of the deal, MOL will use Ecapay Asia to enable online gamers across the region to play online games using local payment methods. As a result, gamers can buy MOLpoints by using Ecapay’s Asia Direct Debit payments.
Ecapay Asia supports major Southeast Asia payment services. The company's services allow merchants to receive payments via mobile banking, prepaid cards and direct debit from bank accounts. MOL's payment products include MOLeTopUp, an electronic prepaid distribution infrastructure, MOL Freedom, a multi-application prepaid payment card, MOL Wings, a payment service for wired and wireless internet service providers, MOL Zone, a mobile payment service, MOL Safepay, a payment system for micro-merchants and MOLePoints, an online micropayment system which allows customers to buy games, content and services online without the use of a credit or charge card.
In December 2009, the company revealed plans to acquire 100 percent of Friendster, from a group of investors backed by Kleiner Perkins Caufield & Byers, Benchmark Capital, DAG Ventures and IDG Ventures.