EasyStore, MOLPay partner to serve small businesses

  • Partnership will provide a one-stop solution from website design to payment gateway solutions
  • MOLPay allows sellers to accept cash payments in Malaysia and customers to use their own currency

EasyStore, MOLPay partner to serve small businesses

 

EASYSTOREis collaborating with MOLPay to serve South-East Asia's small own-brand e-businesses. The partnership will kick off in Malaysia before moving to other countries in the region.

The partnership will provide a one-stop solution from website design and server hosting, to payment gateway solutions.

EasyStore chief technology officer, Frost Chen King Peng said that 40% of e-commerce revenue comes from repeat customers, who represent only 8% of all visitors. Repeat customers are therefore, critical to the growth of small businesses.

EasyStore has launched a new version of their plan which comes with a monthly subscription for all sellers in South-East Asia. The plan will help small businesses by lowering the barriers to opening an own-brand online store.

MOLPay now allows sellers to accept cash payments for online purchases. At participating online merchant sites, consumer can choose to pay using the MOLPay Cash option besides the current payment options such as credit cards, on the MOLPay payment page. Customers can pay cash at the nearest 7-Eleven outlet (Malaysia only). 

According to the global Survey of Saving and Investment Strategies by Nielsen, covering 30,000 Internet respondents in 60 countries, 60% of Malaysian consumers said they preferred to pay in cash.

MOLPay also allows multi-currencies transactions at a reasonable cost allowing customers to make purchases in their own currency.
 
Related Stories:
 
MOLPay launches cash payment for e-commerce merchants
 
MOLPay introduces secure, one-click mobile payment
 
Newly launched MOLPay-FPX Plan aimed at micro enterprises
 
 
For more technology news and the latest updates, follow us on TwitterLinkedIn or Like us on Facebook.

 
Keyword(s) :
 
Author Name :
 

By commenting below, you agree to abide by our ground rules.

Subscribe to SNAP
Download Digerati50 2018-2019 PDF

Digerati50 2018-2019

Get and download a digital copy of Digerati50 2018-2019