RHB Partners With MPay To Offer QR Payments For Businesses
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(Image: Fintech News Malaysia)

RHB Banking Group (RHB) has announced an affiliate partnership with ManagePay Services Sdn Bhd (MPay) to enable RHB DuitNow QR transactions on MPay’s payment terminals. This partnership allows RHB’s micro small and medium enterprises (mSMEs) and corporate customers to accept DuitNow QR payments via MPay’s payment terminals.

Leveraging on application programming interface (API) connectivity, this partnership enables all RHB DuitNow QR payments to be automatically captured and reconciled within the merchants’ payment system, including those made via MPay’s EFTPOS (Electronic Funds Transfer at Point Of Sale) payment terminals and Smart Android Terminals.

RHB’s head of group transaction banking, Chung Chee Kai said that the integration, in turn, offers a more convenient payment solution for businesses. “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,” he added. 

Additionally, Chung said that payments via the RHB DuitNow QR or MPay’s payment terminals will also ease customers to make contactless payments. 

RHB became the first bank in Malaysia to integrate DuitNow QR via API connectivity back in July 2021. This has allowed for real-time integration of DuitNow QR transactions with point of sale (POS) and mobile POS (MPOS) system terminals. 

(Source: RHB)

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