19 July 2010

Malaysia’s MOL AccessPortal Strikes Prepaid Deal With PayPal

malaysia-mol-prepaid-deal-paypal - PaymentsSource Article
MOL AccessPortal Bhd. has inked a strategic collaboration with U.S.-based third party payment provider PayPal to launch a prepaid card dubbed MOL PayPal–The Digital Card in Malaysia, the Malaysia-based payments provider announced July 15.

Kuala Lumpur-based EON Bank Bhd. will issue the card, which consumers may use for online shopping and gaming, according to MOL AccessPortal. MOL PayPal is the first cobranded prepaid card offered by the companies in the Asia Pacific region and will be available initially in Malaysia beginning July 19.

The card will allow Malaysians to fund a PayPal account usable for shopping on websites worldwide or to reload MOLPoints to purchase online games, products and services.