Red Dot Payment
 | |
| Headquarters | 38B North Canal Road, Singapore 059294 |
|---|---|
| Country of origin | Singapore |
| Area served | Singapore, Thailand, Indonesia |
| Founder(s) | Randy Tan |
| Industry | Payment Gateway |
| Website | http://www.reddotpayment.com/ |
Red Dot Payment (RDP) is an online payment service provider. The company provides online payment gateway systems, payment consulting and merchant acquisition services for businesses that require the processing of online credit card transactions.[1] Red Dot Payment supports different modes of payment such as Visa, MasterCard, Nets, China UnionPay, TenPay, Alipay and 99Bill.
History
Established in 2011, Red Dot Payment was founded by Randy Tan[2][3][4] and is currently acting as its managing director. Initially starting out in Singapore, it has expanded to other regions of Southeast Asia such as Thailand and Indonesia.
In 2014, Red Dot Payment acquired funding from investors, GMO Global Payment Fund[5] and Wavemaker Pacific.[5] In the same year, Red Dot Payment started supporting MasterPass,[6] enabling their merchants' payment page to be used with MasterPass.
In 2015, Red Dot Payment became partners with Sourceguru[7] and provided digital payments service to them.
Products and services
- InstanCollect is an e-invoicing solution for businesses with no online presence. Brick and mortar businesses are then able to provide electronic statements to their customers.
- InstanPay is a payment gateway that lets e-commerce businesses have a payment page on their existing website. It authorizes online credit card transactions to take place between the merchant and their customers.
- InstanPromo allows the customer to choose from a list of available promotions before they make payment. The payment amount will be automatically adjusted based on the promotion that is selected.
See also
References
- ↑ Pang, Jaslene (18 March 2014). "Filling a gap in e-payment modes". SME INC (The Business Times). Retrieved 1 April 2015.
- ↑ Ong, Geralyne Kaye (7 July 2015). "Feel Like You Are Too Old To Be an Entrepreneur? Think Again.". Tech Storm (Tech Storm).
- ↑ "RED DOT PAYMENT, INTERVIEW WITH MD RANDY TAN". FinSMEs. 21 November 2014.
- ↑ Bloomberg Business
- 1 2 Daniel Tay (2 September 2014). "Red Dot Payment raises series A round to bring payment solution to Southeast Asia". Tech In Asia.
- ↑ "More Singapore Merchants and Banks Choose MasterPass". 12 November 2014.
- ↑ Daniel Tay (24 February 2015). "Not just another talent marketplace: Sourceguru has a plan to beat Elance-oDesk". Tech In Asia.