KUALA LUMPUR, 3 Oct 2018:
CIMB Bank Bhd has introduced the quick response (QR) payment acceptance at its terminals, a first-in-the market QR payment to accept six major mobile wallets on one terminal.
These six mobile wallet partners are Alipay, Touch and Go Digital, Boost, KiplePay, Mcash and Vcash, with a combined estimated customer base of about 4.5 million in Malaysia and 520 million registered mainland Chinese users.
CIMB Bank, in a statement yesterday, said: “With the trend of mobile payments, the alternative payment acceptance provides the convenience to merchants and customers who do not want to worry about acceptance of many different mobile wallet QR codes.”
CIMB Group consumer banking chief executive officer Samir Gupta said they worked with GHL Systems Bhd, a leading payments company in Malaysia and other Asean countries, to introduce CIMB’s multi-QR terminal acceptance points for both merchants and customers’ convenience.
“CIMB has always placed customers and merchants at the heart of its digital innovation. The QR payment acceptance at CIMB terminals not only fulfils our customers and merchants’ needs by accepting six major mobile wallets, but also helps develop the cashless payment ecosystem in Malaysia, in support of Bank Negara’s vision of building a cashless society.
“This is also a testament to our promise to continuously deliver innovative solutions to our customers, not just in Malaysia but also across the Asean region.”
The six mobile wallets can already be accepted via QR payment at certain outlets of House of Leather, NSK and Super Seven. More merchants are expected to come on board in the coming months, such as Tesco, Boost Juice, Maslee, Sunshine and Pusat Pakaian Hari Hari.
– Bernama