MOL launched in Australia, New Zealand

KUALA LUMPUR, July 6 (Bernama) -- MOL Global Pte Ltd on Thursday announced the launch of MOL in Australia and New Zealand through a strategic investment in Ocash Pty Ltd. MOL is one of the largest online payment service providers worldwide with more than 600,000 physical and online payment channels while Ocash is a payment service provider specialising in online games credits for the Australia and New Zealand markets. MOL president Craig White said in a statement: "This is a significant step for MOL to continue to build and strengthen its business strategy across the Asia Pacific region. "With the support of Ocash's experienced team, we are able to offer more valued-added services and products to our customers in Australia and New Zealand." The alliance will also provide more business opportunities for the Asian region's game developers and publishers as they will be able to extend their reach via MOL to consumers outside the region, White added. MOL partners with over 150 online game publishers and social networks worldwide including Facebook, Zynga and Electronic Arts. -- BERNAMA