In a joint statement Thursday, he said the payment terminal developed by Revenue would enable physical retailers to accept both card payments and mobile wallet payments at a single digital payment terminal.
The terminal is supported by the Android operating platform and has a wide variety of connections including 3G, 4G, WiFi and Bluetooth networks. Comes with a high-resolution color touch screen and super-fast thermal printer. It also generates electronic transaction reports every business day to improve operational efficiency.
Tan Sri Tay Ah Lek, general manager and CEO of the State Bank, said that the digital payment terminal is another ongoing initiative on the digital journey of the State Bank.
Or As in September 2018, the State Bank has more than 60,000 electronic data capture (EDC) terminals nationwide.
Tan said, ”The bank will continue with its strategy of increasing its trading base and offering more acceptance services. Tan
Eddie Ng Chee Siong, general manager of revenue and group CEO, said the payment terminal would enable its customers to manage a different range of payments more efficiently.
As Malaysia moves into a cashless society, we are committed to developing innovative products and solutions that help our customers grow their business in a fast and evolving business environment.
Acak The all-in-one digital payment terminal will help our customers strengthen their payment and cash management capabilities, N Ng said.
Payment terminals can also handle payment cards such as Visa QuickCard (QR) code payment services such as Alipay, Boost, Touch & # Go; simpler and more efficient for physical retailers.
Physical retailers will be able to accept payments via multiple channels including QR codes, near field communications, chip cards, and traditional magnetic stripe cards.
The opening also included the CEO of Bank of Datuk Chang Kat Kiam; senior general manager, public bank Chan Chiew Peng's retail financial services; Revenue Group deputy director Brian Ng Shih Chiow and group chief technology officer Dino Ng Shih Fang.