Financial terms of the deal have not been disclosed. The strategic investment will expand MOL’s offerings in Indonesia.
AyoPay focuses on online games credits for the Indonesian market. It provides online game credits from game publishers such as Gemscool, Lyto and Megaxus. AyoPay is also a payment option with ATMs, cybercafés, online and mobile banking.
In recent news, MOL Global has acquired majority stakes in two Turkish companies, namely mobile payment company PaytoGo and Game Sultan, a provider of in-game currencies for over 100 online games from more than 25 global publishers.
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