History
1999
Korvac founded.
2002
Launched Korvac online payment gateway. Key clients include TigerAir, Sistic, MPH.
2003
Appointed EMV partner by Visa / Mastercard, migrated key banks in Malaysia, Thailand and Singapore.
2004
Launched private label credit card services for key merchants in Singapore and Thailand.
2006
Appointed China Union Pay Acquirer in Malaysia.
2007
Largest NFC (ez-link) acquirer in Singapore.
2008
Launched largest membership and rewards platform with People’s Association (PA) and Dairy Farm Group in Singapore.
2010
Launched PIN-based debit network – EPINS – in Singapore. Granted domestic switch license in Thailand.
2012
Awarded ‘Most Impactful in Asia’ at French-Singapore ICT Awards for CSR – Financial Assistance Systems.
2013
Divested the Paymentlink Group to Wirecard.
2014
Established Asean Payment Card framework for Malaysia, Indonesia, Singapore and Thailand.
2015
Launched Liquid Mobile Wallet.