RHB, MPay to provide electronic payment solutions
By Digital News Asia May 13, 2022
- Use API to for customers to accept transactions via RHB DuitNow QR
- Can capture transactions, reconcile within their payment systems
RHB Banking Group (RHB) has established an affiliate partnership with ManagePay Services Sdn Bhd (MPay) to deliver an innovative banking solution that it claimed will create a convenient contactless payment experience for businesses.
In a statement, the bank said this partnership leverages on Application Programming Interface (API) to enable RHB’s micro small and medium enterprises and corporate customers to accept various bank and e-wallet transactions via its RHB DuitNow QR, which is available through MPay’s EFTPOS and Smart Android Terminal.
Merchants are also able to seamlessly capture all DuitNow QR transactions and reconcile these easily within their payment system, including those made via the terminal payment systems, it said.
Chung Chee Kai, head of group transaction banking at RHB Banking Group, said RHB’s digital innovation creates an easier and more convenient payment solution for merchants.
“As a result, our business customers are able to focus more on managing their sales and achieving digital and online efficiency, in addition to being able to accept instant payments without changing their payment process.
“Their customers will also benefit from the convenience and ease of completing their purchases without the need for physical interaction,” said Chung.
RHB claimed it is the first Malaysian bank to integrate DuitNow QR via API connectivity.
This, it said, enables real-time integration of DuitNow QR transactions with point-of-sale and mobile POS system terminals, which facilitates contactless payment solutions.
Related Stories :