AMBANK, DIGI INK VCASH DEAL
QR code transactions, SME merchant programme set to boost seamless payments
AMBANK (M) Bhd has partnered with Digi Telecommunications to open up its merchant network to accept the latter’s vcash QR code as an additional payment service.
The “e-payment partnership” would take on a two-pronged approach, said the companies in a statement.
Firstly, AmBank’s merchant point-of-sale (POS) terminals will be enabled to accept vcash QR code transactions.
This means customers can complete transactions via Digi’s vcash mobile app where they need only scan the QR code to make payments.
Secondly, Digi will be signing up small and medium enterprise merchants under the Master Merchant programme with AmBank.
This will translate to more merchants accepting vcash payments while growing AmBank’s merchant base.
AmBank Group chief executive officer Datuk Sulaiman Mohd Tahir said the strategic tie-up with Digi complemented its efforts in broadening its product offerings to existing and new merchants, while staying relevant and competitive in the digital landscape.
“In advancing eWallet payment technology, we are working on more strategic partnerships to offer wider acceptance to our customers. We embrace and appreciate these technology firms by complementing their products with our services.”
Sulaiman said AmBank would soon unveil eRemittance promotions for its customers to remit money to their children studying abroad at affordable fees.
Digi chief executive officer Albern Murty said partnering AmBank to roll out seamless payment experiences on a smartphone via vcash and POS terminals would benefit users with the convenience of paying with their smartphones, and offer more merchants the security of accepting e-payments.
“Our aim is to continue playing a key role in advocating and educating Malaysians on the ease and safety of going cashless by providing a simple, convenient solution – vcash – that works for everyone,” he said.