Concerns mount in the wake of Red Dot shutdown

Agents of Red Dot Network Ltd are unhappy that deposits paid to the now defunct payment solutions provider will likely not be returned to them. Red Dot’s system involves small terminals and trading balances. The firm buys credit from Myanmar’s telcos – Ooredoo, Telenor, MecTel and MPT – the same as that which shop owners […]

Red Dot Payment raises series A round to bring payment solution to Myanmar

With ecommerce on the rise in Asia, it is only natural that payment solutions will soon follow suit in order to keep up. It therefore comes as no surprise that Red Dot Payment, a Singapore-based online payment processing company with a focus on Southeast Asia, has announced that they have secured series A funding “in […]