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MPay

Oracle Customer Success

MPay reduces migration costs by 30% with Oracle Cloud Infrastructure

Summary

Fintech solution provider improves performance and reliability of its e-payment application ecosystem with Oracle Cloud Infrastructure.

Business challenges

ManagePay Systems Bhd (MPay) is an investment holding company with two operating segments: fintech services and non-fintech services.

The fintech segment is involved in POS terminal services, third-party acquiring, payment services, e-money and Mastercard card issuing, alternative financing business outsourcing services, and loyalty management services. The other segment includes software and digital security, information communications, ecommerce, and technology services. Payment services are the major contributor to the group’s revenue.

MPay wanted to increase the resiliency of its application platform to minimize the chance of downtime. It also sought to increase performance for a better level of service. Yet, doing so would require a large investment across its on-premises infrastructure. In addition, the company would still face further hardware refreshes in the future as well as the costs of running the infrastructure.

Given the company’s continued growth, MPay needed to quickly address challenges like resiliency, performance, and cost. The company wanted to focus entirely on supporting growth, dedicating resources to service development and opening new markets, rather than managing IT.

We wanted Oracle Cloud to underpin key parts of our application ecosystem in order to deliver a simple and trusted fintech and payment-related experience to our customers.

Lee Kin Hong

General Manager, MPay

Why MPay chose Oracle

Oracle database solutions have been supporting MPay’s applications successfully for more than seven years. MPay was eager to maintain its relationship with Oracle and found that Oracle Cloud Infrastructure (OCI) provided the performance, reliability, predictable low cost, and strong security credentials that the fintech needed.

Oracle offered MPay a hybrid cloud infrastructure, enabling the company to modernize its applications in the cloud while keeping on-premises Oracle servers to remain compliant with data sovereignty regulations in Malaysia.

Results

By moving its web applications to OCI, MPay consolidated 50% of its data center hardware, while at the same time increased web application performance. The company also reduced cloud migration costs by 30%, while increasing application uptime to 99.97%.

The fintech can continue adopting the cloud at its own pace, addressing current data sovereignty rules and moving data to the cloud at the right time. Also, MPay can drive growth without concerns over capacity limits because of OCI’s real-time elasticity, which combines Oracle's autonomous services, integrated security, and serverless compute.

OCI enables MPay to live up to its brand promise of being a trusted partner to its customers. The company is well positioned to help Malaysia’s small and medium-size enterprises contribute to a thriving digital economy.

Published: January 14, 2022