OxPay Financial has announced it has been appointed as the exclusive payments provider for HIVE Ventures, Thailand’s first integrated food ecosystem, with effect from October.
The online platform operates three services - HIVE Marketplace, a B2B wholesale and retail market for food businesses; HIVE RI, which caters to the end-to-end business operations of restaurants; and Spoonwalk, which handles restaurant delivery orders and restaurant reviews.
See: OxPay appoints Worldpay from FIS to offer e-commerce VISA and Mastercard processing in Singapore
Founded in 2018, HIVE Ventures is currently home to more than 4,000 restaurants and 200 suppliers.
“We’re very pleased to be appointed as the exclusive payments provider for HIVE Ventures, Thailand’s first integrated food ecosystem. This new partnership, which represents another growing market opportunity for OxPay, is expected to enlarge our footprint in Thailand. Barring any unforeseen circumstances, it is also expected to contribute positively to the Group’s overall performance in the next 12 months,” says Henry Tan, Managing Director of OxPay.
As at 11.09, shares in OxPay are trading up 0.5 cents or 1.59% higher at 32 cents.
Photo: OxPay Financial
