Kuala Lumpur, April 21 – Maybank launched a new payment gateway, Maybank2u Pay, targeted at supporting e-commerce entrepreneurs, particularly SMEs, to boost their businesses.<\/p>\n
Maybank2u Pay enables e-commerce businesses to apply online to obtain payment capabilities for their e-commerce sites, and receive an approval in as little as 24 hours.<\/p>\n
The new service was launched by the Prime Minister of Malaysia in conjunction with Minggu Saham Amanah Malaysia (MSAM) 2017, held in Temerloh, Pahang. Also present at the event was Maybank Chairman Datuk Mohaiyani Shamsudin, Group President & CEO Datuk Abdul Farid Alias and Head of Community Financial Services Malaysia, Datuk Hamirullah Boorhan.<\/p>\n
Hamirullah said Maybank2u Pay was part of the Group\u2019s initiative to enable electronic payment capabilities for e-commerce businesses, especially small and medium size entrepreneurs, who needed a simple, effective and cost-efficient payment platform to support their online presence.\u00a0<\/p>\n
\u201cE-commerce is growing in Malaysia and is expected to rise to more than 20% a year in 2020,\u201d said Datuk Hamirullah. \u201cIt is crucial that our local businesses are given every support needed to leverage this growing trend among customers to shop online.\u201d<\/p>\n
\u00a0He added that it was important for businesses to build a stronger presence in the online market given the vast opportunities available, particularly with the introduction of the Digital Free Trade Zone in the country.<\/p>\n
\u201cThere is tremendous potential in the e-commerce space and our aim is to enable small and medium sized businesses to tap into this and boost their revenue,\u201d he explained. \u201cSMEs made a significant contribution of some 37% to the GDP of the country in 2016. Our new Maybank2u Pay will help them grow their businesses online, and increase their contribution to the nation\u2019s economy even further.\u201d\u00a0<\/p>\n
Among the benefits of Maybank2u Pay are a low transaction fee, simple set-up and no requirement for documents as the application is made online. Merchants will be able to integrate a payment gateway in a few simple steps into their company\u2019s website so that they can receive payments online from their customers.<\/p>\n
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Kuala Lumpur, April 21 – Maybank launched a new payment gateway, Maybank2u Pay, targeted at supporting e-commerce entrepreneurs, particularly SMEs, to boost their businesses. Maybank2u Pay enables e-commerce businesses to apply online to obtain payment capabilities for their e-commerce sites, and receive an approval in as little as 24 hours. The new service was launched […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-393","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=393"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/393\/revisions"}],"predecessor-version":[{"id":5661,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/393\/revisions\/5661"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}