Ant International has received approval from Negara Malaysia Bank for business activities under Class A.
The license will enhance Ant International’s Worldfirst, a Digital Cross -Border Payment and Treasury Account Service for World Businesses to operate in Malaysia.
The license will allow Worldfirst to expand its product offers and develop new services in Malaysia, facilitating international payments, in particular in foreign currency payments worldwide, focusing on the support of small and medium -sized businesses (SMEs) for the management of their cross -border transactions. It further enhances Worldfirst’s capabilities in supporting businesses that expand both inside and outside the Malaysian market.
Worldfirst finds Malaysian traders who are more actively seeking multi -currency solutions and adopting more different methods of payment than regional peers. It prioritizes these key factors: faster transaction settlement, competitive FX rates with compensation solutions and differentiated financial products.
Recognizing the specific requirements of Malaysian merchants, Worldfirst aims to provide customized solutions with worldwide coverage, secure transactions and operational efficiency.
Central to this offer is the world account, Worldfirst’s flagship product that combines worldwide payments, collections, FX conversion and Treasury management into a single account. Sellers can effortlessly collect from more than 130 markets (including Amazon, Walmart, etc.), while buyers can get easy payment solutions for international commission.
Worldfirst has also set up local businesses in Malaysia to provide customized support for SMEs that seek global expansion. This move is aligned with the strategic investment of Ant International’s parent company in the country, including the launch of a digital business center that focuses on utilizing local technological talents to promote global innovation.
“License marks an important milestone to Worldfirst’s commitment to Southeast Asia. The most important thing is that it allows us to better serve SMEs in Southeast Asia with safe, compatible cross -border financial services while contributing to the digital ecosystem of the area”
In 2025, Worldfirst uses its experience that serves over 1.2 million media worldwide through products such as the newly formed World Card with Mastercard. Currently available in other markets, the World Card provides the ease, safety and international approach to SMEs to scale worldwide and will effectively manage costs.