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ACCOUNTS PAYABLE, ACCRUALS AND OTHER PAYABLES (Tables) | 12 Months Ended
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Dec. 31, 2022
Seamless Group Inc [Member] |
SCHEDULE OF ACCOUNTS PAYABLE AND OTHER PAYABLES | Accounts payable, accruals and other payables consisted of the following: SCHEDULE OF ACCOUNTS PAYABLE AND OTHER PAYABLES
|  | 2022 |  |  | 2021 |
|  | December 31, |
|  | 2022 |  |  | 2021 |
|  | US$ |  |  | US$ |
Accounts payable |  |  | 17,871 |  |  |  | 10,848 |
Accruals |  |  | 4,878,896 |  |  |  | 11,964,341 |
Prefunding from remittance customers |  |  | 40,910,632 |  |  |  | 45,522,545 |
Incentives received for credit card program |  |  | 700,521 |  |  |  | 700,521 |
Prefunding from airtime customers |  |  | 874,889 |  |  |  | 936,740 |
Current portion of finance lease liabilities |  |  | - |  |  |  | 38,437 |
Cash received for the subscription of Convertible Promissory Note |  |  | 1,058,005 |  |  |  | 1,058,072 |
Accrued interest |  |  | 3,990,177 |  |  |  | 468,076 |
Tax payable |  |  | 11,102 |  |  |  | 16,367 |
Other payables |  |  | 716,938 |  |  |  | 684,023 |
Total |  |  | 53,159,031 |  |  |  | 61,399,970 |

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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- Details
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