MPay to provide services to Matrade’s eTRADE SMEs
KUALA LUMPUR: Managepay Systems Bhd (MPay) announced that it will offer its e-marketplace platform BuyMalaysia. com to small and medium enterprises (SMEs) registered under the eTRADE programme offered by the Malaysia External Trade Development Corporation (Matrade).
MPay announced that MPay Marketing had accepted a Letter of Offer (Letter of Offer) from Matrade dated December 22, 2017 to provide services through MPay’s e-marketplace platform BuyMalaysia.com to Malaysian SMEs registered under eTRADE Programme.
“With the installation of BuyMalaysia.com into the Matrade eTRADE Programme, the board foresees that BuyMalaysia.com can become the driving force for all qualified Malaysian businesses, companies and brands to gain digital market access and increase export volume.
“With this, BuyMalaysia will be at the forefront of contributing towards the increase of our Malaysian GDP and steer Malaysia towards Industry 4.0, and more importantly, make popular the MPay Digital Economy Ecosystem amongst the SMEs in Malaysia,” it said.
It added, “With Malaysian SMEs being the main contributor to the Malaysian GDP, the board believes that an increase in SME export will make a big positive impact on our economy as a whole.”
It said, “According to the Malaysia’s National e-Commerce Strategic Roadmap published October last year, Malaysia’s businesses, large and small, now have a powerful opportunity to be part of the a global growth story.
“e-Commerce is a new way of doing business. The number of Internet users has grown rapidly over the past decade, and consumers are increasingly dependent on the Internet to shop and conduct other activities in their lives with the invent of mobile. With the right initiatives, Malaysia could double the growth of its e-Commerce market.”
BuyMalaysia.com is a B2B2C Cross Border e-commerce online wholesale marketplace platform developed by MPay Marketing, for Malaysian SMEs.
Matrade’ se TRADE Programme is a programme implemented by Matrade to promote the adoption of e-commerce among Malaysian companies to accelerate exports through participation in leading international e-marketplace.