Local payments platform PPRO announces that it has appointed Kelvin Phua as its Global Head of Payment Networks, adding into its Asia Pacific (APAC) leadership team to be a part of its further expansion in the region.
According to the company, Singapore-based Phua will be responsible for accelerating the acquisitions and the management of local payment methods (LPMs) for PPRO, as well as identifying market opportunities for PPRO’s expansion and growth starting in the Asia Pacific.
Phua was previously the Country Manager of PayPal in Malaysia, with track records such as a successful implementation of channel partner strategies, payment service providers (PSPs) partnerships to acquire and integrate new merchant businesses, and digital transformation projects for the enterprise customers and global marketplaces.
“LPMs such as bank transfers, e-wallets, cash-based digital payments, and local cards are the dominant payment methods across the world. These are used in more than 70 per cent of all consumer transactions globally, and hyper-localised payment methods will continue to dominate the Asia Pacific region,” said Phua.
“As commerce continues to globalize and continues to develop a customer-centric approach to engage with the global consumers, it is increasingly critical that consumers are given the ability to choose the payment options that they trust and are familiar with,” Phua added.
PPRO said that its platform already provides access to APAC payments customers like AliPay, WeChat Pay, DragonPay, and eNETS.
Additionally, GrabPay, one of Southeast Asia’s leading digital wallets, also partnered with PPRO for its Singapore offering of one-time payment solution and newly launched check-out service, which allows online merchants to integrate GrabPay into e-commerce payment platforms. The next in the pipeline will be PPRO supporting GrabPay’s tokenised payment option and extension of its market coverage.
PPRO expects to triple its Singapore headcount by the end of 2020 and open additional offices in the region over the next few years. The company currently has 130 PSP partnerships globally with approximately 100,000 merchants on its platform, supporting local payment methods across more than 100+ countries.
PPRO’s LPM partnerships allow end-consumers to choose their preferred and trusted LPM wherever they are in the world.
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Founded in 2006 and headquartered in London, PPRO is a global financial institution with an e-money license issued by the British regulatory body FCA.
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