NTT Data Corporation is adopting iPay88 as its flagship payment gateway technology to fast-track to leadership position in the Asia-Pacific market and top five in the world.
This strategic business move by NTT Data is facilitated by part, due to its acquisition of a majority equity stake in iPay88, via its subsidiary NTT Data Asia Pte Ltd in September 2015.
According to Tohru Yoshioka, NTT Data’s Japanese Director, the initial target markets under NTT Data’s strategy include Thailand, Indonesia, Vietnam and the Philippines.
“NTT Data plans to be in the forefront by providing security-rich credit and finance technology system using iPay88’s proven e-commerce and mobile commerce solutions,” explains Tohru.
With iPay88’s proprietary payment gateway already being a dominant brand that facilitates e-commerce in the region, this initiative is part of the strategy to position NTT Group as the no. 1 online payment solution provider in Japan and extend its leadership throughout the APAC region.