Malaysian payment gateway Paydibs has announced a strategic partnership with global payment service provider AltPayNet to improve financial connectivity betweenMalaysian payment gateway Paydibs has announced a strategic partnership with global payment service provider AltPayNet to improve financial connectivity between

Filipinos in Malaysia Can Now Pay SSS Contributions via Paydibs and AltPayNet

Malaysian payment gateway Paydibs has announced a strategic partnership with global payment service provider AltPayNet to improve financial connectivity between Malaysia and the Philippines.

The collaboration aims to facilitate seamless cross-border transactions, initially focusing on enabling Filipinos residing in Malaysia to pay their Social Security System (SSS) contributions directly through local channels.

Under this agreement, AltPayNet will leverage Paydibs’ locally licensed payment infrastructure to route transactions securely.

This integration forms a framework that expands access to financial services for the region. It allows overseas Filipinos to pay their social security obligations, akin to Malaysia’s EPF, using compliant and local payment rails.

Tee Kean Kang, Chief Executive Officer of Paydibs, stated that the move aligns with the company’s commitment to inclusive payment solutions.

AltPayNet, an authorised processor for Philippine government agencies, considers this partnership essential for the diaspora. CEO Don Vacal noted,

AltPayNet also appointed Paydibs as the official payment processor for its merchants in Malaysia, expanding beyond social security payments.

Both companies plan to expand the collaboration over time to cover a wider range of merchant payments.

Through this growth, they aim to support sustainable economic development for businesses in both regions.

Featured image: Edited by Fintech News Philippines based on an image by Rashed_stock via Freepik.

The post Filipinos in Malaysia Can Now Pay SSS Contributions via Paydibs and AltPayNet appeared first on Fintech News Philippines.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Vitalik Buterin Withdraws 16,384 ETH to Fund Open-Source Technology and Privacy Projects

Vitalik Buterin Withdraws 16,384 ETH to Fund Open-Source Technology and Privacy Projects

TLDR: Buterin withdrew 16,384 ETH to personally fund open-source projects as Ethereum Foundation reduces spending.  The initiative supports secure hardware, privacy
Share
Blockonomi2026/01/30 16:39
What is the most promising crypto right now? A practical checklist

What is the most promising crypto right now? A practical checklist

Crypto interest often spikes after headlines. This guide helps everyday readers turn curiosity into repeatable checks that limit obvious execution risks. We focus
Share
Coinstats2026/01/30 15:52
Inside Upexi’s SOL play: staking yield and locked token deals

Inside Upexi’s SOL play: staking yield and locked token deals

The post Inside Upexi’s SOL play: staking yield and locked token deals appeared on BitcoinEthereumNews.com. Upexi is the largest public company holding Solana tokens and uses a SOL strategy to build its holdings and generate additional revenue through staking. In an interview with crypto.news, Upexi CEO Allan Marshall explains why the company executed a large equity private placement to build a crypto treasury, citing MicroStrategy’s playbook and a more accommodating U.S. policy backdrop. Summary Upexi is the largest public holder of Solana, using equity raises to build a SOL treasury and earn staking yield. Upexi CEO Allan Marshall spoke with crypto.news in an interview. Corporate strategy focuses on accretive issuances, staking, and discounted locked SOL purchases, not venture investing. Upexi markets itself as a “new institutional gateway to Solana’s (SOL) speed, scale, and rapidly growing ecosystem.” But it isn’t alone, as it joins a handful of rival companies also building Solana treasuries, while dozens of other public entities are focusing on other coins. Speaking to crypto.news, Marshall discusses strategy and market perception. He notes that Upexi is focused on accretive capital raises, staking, and discounted, locked SOL purchases rather than venture investing. He also discusses how the company measures progress through an “adjusted SOL per share” metric designed to remove timing and leverage effects. We also discuss the company’s risk management strategies, which include a buy-and-hold approach, no hedging, disciplined use of leverage, and custody with qualified providers. The entire interview transcript is below: crypto.news: Upexi is now the largest corporate holder of Solana with over 2 million SOL in treasury. Why did you make such a dramatic shift now? Was there something specific that happened in the past few months that gave you the confidence to commit so heavily to a crypto treasury at this time? Allan Marshall: Upexi did the first large-scale equity private placement to create an altcoin treasury, and there were…
Share
BitcoinEthereumNews2025/09/20 02:51