Korvac Holdings

Founded in 1999, Korvac started as a pioneer provider of online payment services to airlines and telecommunications companies. We went on to set up and operate payment infrastructure for key banks in Southeast Asia. We became the largest NFC acquirer in Singapore, the first China Union Pay acquirer in Malaysia, was granted a license to operate domestic switching in Thailand and operated EPINS, a domestic PIN-based debit network in Singapore. Korvac is also the leading (rewards, data, e-wallet, prepaid, and private label credit card) technology partner of the largest retailers in Singapore, Malaysia, Thailand and Myanmar.