Tranglo: Launches real-time payments to Malaysia
- Tranglo is a cross-border payment hub with a proven track record in business payment, foreign remittance
- Announce the launch of real-time cross-border payments to Malaysia in line with the fintech’s mid-term plan
- With this announcement, now performs more than 80% of its cross-border payments in real time
- It comes as Malaysia is seeing extraordinary growth in real-time transactions
- Real-time transactions in Malaysia are expected to reach 7 billion in volume by 2025
- Beneficiaries will receive the funds in Malaysia within minutes, subject to terms and conditions