KUALA LUMPUR: Cashless payment solutions provider Revenue Group Bhd has teamed up with Grab Malaysia to enable its in-app GrabPay’s mobile QR payment to be made available at all its merchant payment touch-points.
In a joint statement issued on Wednesday they said this partnership would enable GrabPay e-Wallet users to have wider and quicker access to Revenue’s 20,000 touch-points throughout Malaysia.
In 2018, homegrown Grab launched the vision to be the everyday app to meet the daily needs of users through its in-app GrabPay e-wallet.
Users can make cashless payments for everydayservices, from transport and food delivery service to making transactions online as well as in-store.
With features such as Pay Later, Bill Pay and Pay with GrabRewards points, GrabPay is enhancing the virtual payments landscape. These features make it even more accessible, affordable and rewarding for Malaysians to go cashless.
Revenue managing director and group CEO Eddie Ng Chee Siong said the partnership was timely to meet the rising mobile QR payment usage in Malaysia.
“This is part of Revenue’s strategy to enable its merchant base with a wide range of payment solutions which currently stands at more than three types of payment schemes, ” he added.
Managing Director of GrabPay Malaysia, Singapore and the Philippines Ooi Huey Tyng was positive on the strategic partnerships with like-minded industry players such as Revenue.
She said the collaboration helped them to create more reasons and opportunities for Malaysians to adopt the cashless culture.
"Through this collaboration, our users will now be able to make cashless payments seamlessly at a growing number of merchants and everyday brands that most resonates with them all on a single platform that they are already accustomed to, ” Ooi said.
As for Revenue, the company expects the strategic collaboration with Grab Malaysia will help to drive its electronic transaction processing segment moving forward as it is set to gain from the electronic transaction processing fee.