E-Wallet Operators

E-Wallet Operators face significant challenges in acquiring overseas acceptance points – the effort and cost required are high, regulations are complex and licenses are hard to obtain. E-wallet users can only use their e-wallets locally, a severe limitation of digital wallets today. Fliq creates e-Wallet interoperability, so customers can pay overseas merchants using their local e-Wallet seamlessly and securely.


Wallet without Borders™


With the growth of digital e-Wallet payments and tourism around the world, M-DAQ has developed a cross-border payment solution aimed at helping e-wallet operators enable their users to pay merchants in other countries seamlessly.


High acquisition costs

Significant resources are required to acquire a new merchant – this includes setup, training and deployment – not easily scalable in the long run.

Regulatory barriers

Complex regulatory requirements surrounding cross-border payments and money transfer poses a major challenge for launching an overseas e-Wallet operation.

Complex integration

Wallet integrations require major development work involving both front-end and back-end systems of each e-Wallet operator, requiring many months to complete.

FLIQ was born out of a vision to break down technological and physical borders to create Wallets without Borders, enabling local e-Wallets to be used to pay merchants in any other country when users travel overseas. It offers substantial benefits to e-Wallet operators in the following ways: 

  • Fliq eliminates the costs of acquiring merchants in another country and the costs associated with complying to government regulations, while creating new revenue streams
  • Through Fliq, e-Wallet operators provide added convenience to their customers when traveling, even guaranteeing FX rates for refund purposes
  • Merchants can accept payments from customers’ oversea e-Wallets without worrying about initial setup and operational costs
  • New use-cases such as cross-border loyalty & rewards, transit and lifestyle services can be added on seamlessly
Using M-DAQ FLIQ solution, e-wallet operators can now:

Enlarge merchant base by leveraging overseas e-Wallet operators on FLIQ

Overcome regulatory barriers to receive new revenue sources from overseas merchants

Attract more customers, increase usage and provide more use-cases
Integrate with other e-Wallet operators faster and easier
How it Works

15 Playfair Road, Level 2
Singapore 367987
Tel: +65 6225 8991