Public Bank & Revenue Group Launches All-In-One Digital Payment Terminal That Accepts Card And QR-Based Payments
Author Avatar

 

Public Bank & Revenue Group Launches All-In-One Digital Payment Terminal That Accepts Card And QR-Based Payments

Public Bank and Revenue Group joined hands and developed an all-in-one digital payment terminal that allows retail merchants to accept card payments and mobile wallet payments in a single device. This terminal will be powered by Android, and will have a range of connectivity options such as 3G, 4G, WiFi, as well as Bluetooth.

The main feature of the digital payment terminal is its capability to handle mobile Quick Response (QR) code payment services as well as traditional credit card payments. At launch, e-wallets such as Alipay, Boost, Touch ‘n Go, UnionPay QR, and WeChat Pay are supported with more to come. As for card payments, the usual Visa and MasterCard as well as cards issued by JCB and UnionPay can be utilized by this new technology. Finally, debit card transactions are supported via MyDebit.

 

As such, retail merchants will be able to accept payments involving QR codes, near-field communications (NFC), chip cards, and traditional magnetic stripe cards. Electronic transaction reports can also be generated for every business day to increase operational efficiency.

The new digital payment terminal is now available, and will add to the 60,000-plus electronic data capture terminals from Public Bank available nationwide. In a statement, Public Bank CEO Tan Sri Tay Ah Lek said that the new digital payment terminal is another initiative in the company’s ongoing efforts in its digital journey.

 

0 0 votes
Article Rating

SHARE

Comments (0)

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
Top Banking Articles
Post Image
Best Fixed Deposit Accounts In Malaysia
The RinggitPlus Team
- 1st July 2021
We provide monthly updates on the best fixed deposit rates in Malaysia with tables showing the top 5 rates for the duration of 1, 3, 6, 9, and 12 months.
Post Image
Malaysian Banks And Local Institutions Offer Financial Assistance For Customers Affected By Covid-19
Alex Cheong
- 1st April 2020
(Last update: 1 April 2020, 3.40pm to include FAQs by banks.) With Malaysia going into an extended period […]
Post Image
Free Digital Tools to Help Market Your SME Business
Ahmad Mudhakkir
- 2nd July 2018
If you want to make sure other people know about your business, here are the free digital tools that can help you do it!
Post Image
Achieve Your Savings Goals And Win Prizes Worth Over 30 Million With BSN SSP 2021
Sharon Bentley
- 28th May 2021
For many of us, coming home with RM1,000,000 to our name may seem like a farfetched dream. But […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image