Malaysia: Friendster Launches Global Partnership With MOL AccessPortal Berhad (MOL) to Power Micropayments and the Friendster Wallet.

Section: General News - Leading Payment Platform Provider to Enable Pre-paid Payments for Gifts, Goods and Games to Friendster's 115 Million Users Friendster, Inc., a top global web site based on traffic, today announced a global partnership with MOL AccessPortal Berhad (MOL), a leading payments provider leveraging a network of over 500,000 physical and virtual payment channels worldwide, to power the Friendster Wallet and a payments platform enabling micro-spending for over 115 million users on Friendster. The Friendster Wallet will support a variety of payment methods including pre-paid cards, mobile payments, online payments and credit card payments. The partnership will be celebrated by an official signing ceremony event in Kuala Lumpur, Malaysia on October 15th, at the Berjaya Times Square Hotel & Convention Centre. Both the payments platform and wallet will initially launch in Malaysia, and will be rolled out within weeks throughout Southeast Asia and globally.

Friendster's new payments platform and wallet are fundamental enablers for several new, additional revenue streams that result from establishing a …