Blog
News, articles and notes.
Thailand, the Philippines or Malaysia: choose by the complete payment cycle
An operational comparison of PromptPay, GCash/Maya/InstaPay and DuitNow: merchant access, identifiers, delayed confirmation, payouts and refunds.
5 min read
What remains of the fee: P2P team economics and contracts
Calculate profit separately from available cash. Fee bases, collateral, retentions, loss allocation and exit terms matter more than advertised rates.
5 min read
South Korea: virtual accounts, bank transfers and KakaoPay/Toss checkout
Why issuing a virtual account is not payment, why paymentKey matters, and which confirmation and refund exceptions merchants need to handle.
5 min read
Internal fraud in P2P: when people and payments contradict the ledger
Defence against collusion, forged evidence and recipient substitution starts with independent records and separated authority, not suspicion of everyone.
5 min read
When the payment route stops: first decisions after a freeze
Separate bank restrictions from processor failures, stop new exposure, preserve evidence and organise lawful recovery without bypassing controls.
5 min read
Vietnam: VietQR, NAPAS 247 and MoMo sit at different payment layers
Understand when a QR only supplies transfer details, where bank funds move and how MoMo statuses affect fulfilment, refunds and reconciliation.
5 min read
Onboarding a betting merchant: who takes funds and owns withdrawals
A merchant licence does not approve every payment chain. Establish account ownership, withdrawal funding and responsibility before launching.
5 min read
How to test a P2P processor before meaningful volume
Begin with ownership of accounts and funds, then inspect evidence, run a bounded pilot, complete a real settlement and test contractual exit rights.
5 min read
Indonesia: QRIS, BI-FAST and wallets operate at different payment layers
Separate the QR standard from banking infrastructure, interpret QRIS statuses and verify what a merchant integration actually supports.
5 min read
The shift ended; the money did not: a P2P settlement ledger
Follow one settlement day across bank movements, merchant payables, player withdrawals, security collateral and a separately recorded FX result.
5 min read