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Press Release

August 18, 2021

PayU and Red Dot Payment expand merchants’ access to South East Asia through Visa and Mastercard acquiring licenses

PayU, the payments and fintech business of Prosus, today announces that its controlled company Red Dot Payment, a South East Asia focused online payment solutions provider, has received direct acquiring licenses and connectivity to Visa and Mastercard. The expansion of PayU’s offering in South East Asia with Red Dot Payment’s direct credit card acquiring license opens up new opportunities for […]

Press Release

June 23, 2020

Amex & Red Dot Payment Support Merchants Digital Initiatives During Covid-19

Traditional brick-and-mortar businesses in Singapore have been severely affected by the Covid-19 restrictions on public movement. With restaurants unable to seat dine-in clientèle and some shopfronts having to shutter, business owners have had to seek out new ways to maintain operations and revenues. Red Dot Payment (RDP) has two solutions to help their merchants start […]

Press Release

May 5, 2020

Red Dot Payment Offers Covid-19 Fee Relief Measures

The Covid-19 global pandemic is having an unprecedented impact on the travel and hospitality industry. As consumers observe strict restrictions to limit the spread of the Covid-19 virus, many have cancelled or postponed leisure and business travel plans. This abrupt disruption has created much uncertainty for tens of thousands of businesses worldwide. In these turbulent […]

Investment News
Press Release

July 8, 2019

Global Fintech player PayU expands its operations to Southeast Asia and acquires majority stake in Singapore-based Red Dot Payment

Amsterdam, The Netherlands – July 05, 2019: PayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and […]