Former Visa AP President and UnionPay Executive David Lee Joins Red Dot Payment

SINGAPORE, April 27, 2018 /PRNewswire/ -- Red Dot Payment (RDP) announced the appointment of David Lee as Director effective February 2018.

David brings over 30 years of experience and expertise in the electronic payments industry. He spent 25 years in Visa International, rising to various senior management positions including Chief Financial Officer, Chief Operating Officer and President for the Asia Pacific Region in 2008. Following Visa, David joined China UnionPay (CUP) as Special Adviser to the Chairman & Senior Management, and continued as Director and Chief Cooperation Officer of Union International, managing CUP's international business out of Shanghai for 7 years.

"This is an exciting time to be part of Red Dot Payment as it expands aggressively in Singapore and overseas markets. I aim to support the growth of this homegrown payments company with my many years of international experience and strong business network. I will work with the RDP team to enhance its competitiveness and see through its innovation plans, to guide the company to become a key player in the Asia Pacific, if not global, fintech space," David said of his new role.

"I feel my appointment in RDP is timely as I'm passionate about the Singapore government's push for a digitally-driven economy and cashless society. I hope RDP can play a significant role in transforming Singapore."

Randy Tan, Managing Director for Red Dot Payment, added, "We are thrilled to have David on board. He has been a mentor to me since I started the company in 2011. His managerial experience and depth of knowledge of the fintech payment space is clearly invaluable. David's guiding hand will help Red Dot Payment chart its course towards our next stage of growth."

About Red Dot Payment

Red Dot Payment (RDP) is an online payment solutions company processing transactions for more than 400 merchants across 20 countries. RDP supports global payment modes (Visa, Mastercard, UnionPay, WeChat Pay, Alipay, Amex, PayPal, Diners, Discover, JCB) and local payment modes in Singapore and Indonesia. In addition to e-commerce enablement, RDP offers payment card tokenization, recurring payment systems and bespoke integration services. RDP is a Singapore company founded in 2011 and has offices in Jakarta and Bangkok. Visit reddotpayment.com.

For more information, please contact Nicole Lim nicolemlim@reddotpay.com or Gurmit Singh gurmitsingh@reddotpay.com, or call +65 6816 0963.