OxPay Financial Limited announced that it has been appointed as the official digital payments provider for Oxley Bizhub by the MCST of Oxley Bizhub. In preparation for the launch of the new feature, OxPay will work closely with E-Hub Electronics Pte. Ltd., Oxley Bizhub's preferred IT vendor, to upgrade the property's existing parking payment infrastructure.

The digital payment option will be made available to season parking ticket holders, a move that Oxley Bizhub anticipates will improve efficiency and reduce administrative work for motorists who wish to renew their season parking permits. As a result of automation, motorists will no longer need to renew their permits in-person, allowing Oxley Bizhub to realize greater cost-savings derived from a reduction in manpower needs and administrative errors. Developed by home-grown property magnate, Oxley Holdings Limited ("Oxley"), Oxley Bizhub is a 10-storey multiple-user light industrial development spanning 3 podium blocks, 4 towers and a basement carpark.

Oxley has also enjoyed much success outside of Singapore and currently has projects in the United Kingdom, Ireland, Cyprus, Cambodia, Malaysia, the People's Republic of China and Vietnam under varying stages of development. As OxPay partners with Oxley Bizhub, the Company hopes to uncover other synergetic opportunities that closely align with its expansion goals. OxPay is focused on servicing merchants in the retail, transportation, as well as food and beverage industries.

Its wholly owned subsidiary, OxPay SG Pte. Ltd., established in 2005, holds a major payment institution license in Singapore and is regulated by the Monetary Authority of Singapore under the Payment Services Act 2019. OxPay has already amassed a sizable subscriber base in Singapore, Malaysia, Indonesia and Thailand, and continues to rigorously explore new markets to position itself as a regional player in the global payment space.