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Debia Expands Merchant Acquiring in Malaysia, Deepening Regional Payment Connectivity

Business

Debia Expands Merchant Acquiring in Malaysia, Deepening Regional Payment Connectivity
Business

Business

Debia Expands Merchant Acquiring in Malaysia, Deepening Regional Payment Connectivity

2026-10-01 10:00 Last Updated At:12:25

Debia Malaysia meets Bank Negara Malaysia requirements for commencement, marking the Group's next step in building a Southeast Asian payment ecosystem

KUALA LUMPUR, Malaysia and SINGAPORE, Oct. 1, 2026 /PRNewswire/ -- Debia is expanding its merchant acquiring business into Malaysia, marking the next phase of the Singapore-headquartered payments group's regional growth strategy.

The expansion follows Debia Sdn. Bhd. ("Debia Malaysia") meeting the expectations and conditions stipulated by Bank Negara Malaysia ("BNM") for the commencement of its merchant acquiring operations. This builds on the In-Principle Approval previously granted by BNM and paves the way for Debia Malaysia to roll out merchant acquiring services across the country.

Entry into Malaysia extends Debia's acquiring footprint beyond Singapore, establishing a strategic operational base from which the Group can deepen its participation in Southeast Asia's increasingly interconnected payments landscape.

Debia Malaysia will leverage the Group's acquiring capabilities, payment technology, and partner network to support Malaysian businesses across physical and digital commerce. Its integrated platform supports a comprehensive range of payment methods, including major card schemes, QR payments, digital wallets and alternative payment channels.

By combining Debia's technology and infrastructure with local market capabilities and strategic partnerships, the Malaysian arm is positioned to respond to the evolving needs of local merchants while strengthening the Group's cross-border connectivity.

Derrick Tham, Group Chief Executive Officer of Debia, said:

"Malaysia represents a significant milestone in Debia's evolution as a regional payments business. Meeting Bank Negara Malaysia's requirements reflects the rigorous work undertaken to establish strong governance, compliance, and operational foundations for our Malaysian operations.

"Our focus now is execution — building a sustainable business in Malaysia, fostering strong local partnerships and delivering practical payment solutions that are relevant to how merchants operate and grow. As commerce becomes increasingly integrated across Southeast Asia, we aim to build Debia with strong local roots and cross-border reach, maintaining the discipline required for long-term scalability."

Malaysia marks the next phase of Debia's regional expansion as the Group systematically scales its merchant acquiring and payment infrastructure across Southeast Asia. The Group's regional strategy is centred on establishing robust local operations supported by a shared technology core and extensive payment connectivity, anchored by regulatory compliance, governance, and operational resilience as foundations for sustainable growth.

About Debia

Debia is a Singapore-headquartered payments technology group providing merchant acquiring and payment solutions to businesses.

Debia Pte. Ltd. is licensed by the Monetary Authority of Singapore as a Major Payment Institution to provide merchant acquisition, domestic money transfer and cross-border money transfer services.

Through its integrated payment platform and network of payment partnerships, Debia supports businesses across multiple payment methods and channels. The Group is expanding its presence across Southeast Asia, with Malaysia representing the next stage of its regional development.

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Debia Expands Merchant Acquiring in Malaysia, Deepening Regional Payment Connectivity

Debia Expands Merchant Acquiring in Malaysia, Deepening Regional Payment Connectivity

HEFEI, China, Oct. 1, 2026 /PRNewswire/ -- The 2026 World Manufacturing Convention concluded with 790 project agreements representing RMB 363.4 billion (approximately US$54.2 billion), organizers announced at a Sept. 29 Anhui briefing.

Held Sept. 20–23 under the theme "Intelligent Manufacturing for a Better Future," it featured keynote addresses, business matchmaking, research and data releases, and exhibitions.

Guests and exhibitors from a record 54 countries and regions attended. The United Kingdom served as guest country of honor, Côte d'Ivoire's president sent a congratulatory letter, and 11 international programs were held.

Among 217 exhibits—18% more than last year—were a 180-qubit superconducting quantum processor and BEST, the Burning Plasma Experimental Superconducting Tokamak. Of 790 projects, 708 advanced manufacturing projects represented RMB 331.7 billion. Agreements included an advanced semiconductor R&D and manufacturing line.

Attendees included 84 representatives of national ministries, commissions, organizers and supporting institutions, plus 63 national academy members and experts.

The 522 international delegates—over half of guests—included 88 diplomats and partner-government representatives; 205 international-organization and business-association representatives; 221 representatives of foreign-based Fortune Global 500 companies and multinationals; and eight prominent international researchers and subject-matter experts.

Guest province Sichuan joined delegations from 28 provinces, autonomous regions and municipalities, Hong Kong and Macao. Attending were 160 representatives of 38 centrally administered state-owned enterprises and 628 executives of Chinese companies.

Across 80,000 square meters, organizer-led and commercial exhibitions and an integrated unmanned systems showcase drew 1,230 exhibitors with over 15,000 products and technologies. Attendance reached 74,000 in person and 4.54 million online; 5,900-plus on-site transactions exceeded RMB 600 million.

More than 160 technologies, products, reports and case studies were released. Ten industry-leading technologies and products from China and abroad were presented, including a quantum-diamond chip testing instrument and humanoid robots.

Twenty-seven matchmaking sessions and programs produced 87 agreements or memoranda. Shanghai, Jiangsu and Zhejiang partners joined 453 projects representing RMB 154.72 billion; northern Anhui's six cities signed 194 totaling RMB 64.77 billion.

The "Central SOEs Visit Anhui" program generated 16 agreements representing RMB 39 billion, including a Wuhu Economic Development Zone big data center valued above RMB 10 billion.

Organizers addressed exhibition innovations, the convention's international role, diplomatic and Hong Kong-Macao resources, Central SOE results, and report, technology and product releases. They said it showcased Anhui and China's manufacturing strength and global outlook while advancing investment and cross-border industrial cooperation.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

2026 World Manufacturing Convention Secures 790 Agreements Worth RMB 363.4 Billion

2026 World Manufacturing Convention Secures 790 Agreements Worth RMB 363.4 Billion

2026 World Manufacturing Convention Secures 790 Agreements Worth RMB 363.4 Billion

2026 World Manufacturing Convention Secures 790 Agreements Worth RMB 363.4 Billion

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