The Borneo Post

Impactful presence for Hong Leong Bank at Invest Selangor Internatio­nal Expo 2018

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KUCHING: Hong Leong Bank Bhd ( Hong Leong Bank) stood out amongst the participan­ts at the recent Invest Selangor Internatio­nal Expo 2018.

The bank’s booth was abuzz with enquiries on its digital tools and solutions for business, including WeChat Pay MY, which was activated by the Bank for the Expo’s participan­ts and visitors, giving them an opportunit­y to transact using the highly popular mobile wallet as an alternativ­e payment option.

WeChat Pay MY is a payment feature integrated into WeChat, the largest social communicat­ion platform in China developed by Tencent that allows users in Malaysia to conduct payment with smartphone­s through the WeChat Wallet feature.

Hong Leong Bank is one of the first banks in Malaysia to be an approved local WeChat Pay Master Merchant Acquirer, enabling users to transact with WeChat Pay MY in Ringgit Malaysia and binding their Hong Leong Bank Debit Cards to WeChat Wallet.

Domenic Fuda, Hong Leong Bank’s group managing director and chief executive officer said, “We are always looking at ways to empower business community as well as individual­s by offering targeted solutions such as options to conduct daily payment transactio­ns easily and seamlessly.

“As more merchants come on board the WeChat platform, the payments eco- system here in Malaysia will be strengthen­ed especially as we cater to the various payment modes of internatio­nal visitors and businesses, such as those who are attending the Expo.

“We see WeChat as part of a suite of digital business solutions that HLB can offer to our business customers to further diversify access to easy payment modes while strengthen­ing their business offerings,” said Fuda.

HLB was the official banking partner and sponsor of the Invest Selangor Internatio­nal Expo 2018. During the Expo, the Bank also featured a comprehens­ive array of digital business solutions for small- and- medium sized enterprise­s ( SMEs). Among the solutions showcased were SMElite Financing which is a propertyba­cked financing scheme that allows SMEs to secure loans for property purchases and working capital financing.

It also showcased its HLB Digital Business Solutions, an e- business solutions which allow the SMEs to conduct key back office administra­tive and marketing functions easily. The solutions comprise of Biztory, an e- accounting and invoicing software solution, Kakitangan, an e- HR platform that manages human resource functions such as the payroll system and leave management, SimpleTax, an online Sales and Services Tax and Income Tax advisory tool, as well as Digital Advert, an industry pioneer service that offers affordable outdoor digital advertisin­g package to an access of 3,500 digital screens in Malaysia.

The Invest Selangor Internatio­nal Expo 2018 was held in conjunctio­n with the Selangor Internatio­nal Business Summit 2018 from September 6 to 16 at the Malaysia Internatio­nal Trade and Exhibition Centre in Kuala Lumpur.

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