RHB enhances SME e-Retail Solution through MPOS
KUALA LUMPUR: RHB Bank Bhd has expanded its SME e-Retail Solution with the introduction of RHB Merchant Mobile Point of Sale (MPOS).
With the added solutions in place, SMEs are offered fast, simple and seamless experience that connects them, through technology, to a more efficient and cost effective e-retail ecosystem.
“We are the first financial institution in Malaysia to offer a total connectivity solution for SMEs. The SME e-Retail Solution offers SME retailers a holistic solution for seamless connectivity. SMEs are able to achieve cost reduction and increase efficiency in their businesses,” said RHB Bank director of group business and transaction banking Datin Amy Ooi.
The SME e-Retail Solution with its enhanced capability, allows SME retailers to start up their businesses as early as seven days.
SME e-Retail Solution offers Business Current Account for transactional needs, Reflex Online Cash Management system that enables low cost internet banking, cloud-based electronic point of sale (ePOS) system, remote access to back office analytics & CRM for better management for the proprietor, credit and debit card terminals to enable card transactions, customised SME insurance package specifically for retailers to protect their businesses, and business credit card to help them with expenses and payment plans.
Its latest offering Merchant MPOS is a wireless device that accepts all types of cards transactions, and is Chip & Pin enabled. Users can receive e-receipts via emails or notifications to their mobile phones. The MPOS is integrated to the merchant ePOS system to enable fast and convenient payment collection. Wireless and hassle-free, a bluetooth or wifi connection will provide all the connection needed.
Meanwhile RHB’s partnership with SAGE software Asia Pte Ltd will see the introduction of SAGE One cloud accounting software. This cloud solution will be synced to the ePOS terminal to enable automatic updates of transactions. SMEs will then have access to the realtime financial position of their businesses.
From left: RHB Bank head of SMEs Jeffrey Ng Eow Oo, Ooi, Sage Software Australia & Asia director of strategic partnerships & alliances Lukas Taylor and Sage One Asia director Susan Lai at the signing ceremony yesterday.